Sunday, October 13, 2024
HomeIndonesia Indonesia-Based startup Gapai secures $1 Million in Funding

[FUNDING-NEWS] Indonesia-Based startup Gapai secures $1 Million in Funding

Gapai has raised US$1 million in early capital and offers abroad job placement services to Indonesian workers. Antler, a returning investor, participated in the round, which was led by Wavemaker Partners.

Gapai has raised US$1 million in early capital and offers abroad job placement services to Indonesian workers. Antler, a returning investor, participated in the round, which was led by Wavemaker Partners.

It intends to employ the additional cash to enhance the overseas placement process by implementing a complete technical infrastructure. Gapai hopes to increase business growth by up to 10 times over the previous year with the new licences and procedures.

Read also – Hong Kong-Based i2Cool Secures nearly $12.7 Million in Series A Funding

Gapai hopes to onboard 70,000 Indonesian workers this year and place 2,200 of them in positions across the globe.

According to official data spanning 2020–2023, the number of incidents involving unlawful trafficking involving migrant labourers from Indonesia has increased seven times. Approximately 1,800 people have fallen prey to unauthorised employment placements across many nations. Gapai seeks to lessen this problem.

Read also – Hong Kong-Based BlockBooster Secures $1.5 Million in Seed Funding

The website facilitates quick and secure international job placements by matching potential workers with qualified businesses. The organisation works by interviewing, screening, and offering Indonesian workers options for upskilling in order to create a network of skilled labourers who are prepared to work anywhere in the world.

Since being funded by Antler at inception, it has developed a network of 12,000 qualified workers.

“With Indonesia’s vast and growing population, we plan to dramatically scale our operations, aiming to assist ten times more migrant workers annually,” said Radityo Susilo, CEO of Gapai. “Our business development priority this year is to expand Gapai’s market reach to 15 countries across Europe including Hungary, Romania, Germany, and the UK, as well as nations in the Asia-Pacific region like Japan, South Korea, and Taiwan, and the Middle East, such as Saudi Arabia, UAE, Kuwait, and Qatar,” he added.

About Gapai

Gapai seeks to lessen the harm that unlawful trafficking causes to migrant workers from Indonesia by making cross-border employment arrangements safer. The startup has conducted interviews, upskilling, and screening to expand its talent network.

- Advertisement -
RELATED ARTICLES
- Advertisment -

Most Popular