Multiplier, a Singapore-based talent platform that helps companies employ and pay talent anywhere in the world compliantly, has today announced a USD 60 million Series B funding round. This round was co-led by Tiger Global and Sequoia Capital India with participation from DST Global Partners. The new investment brings Multiplier’s total funding to USD 77.2 million, taking their valuation to USD 400 million.  It comes after less than 3 months since Multiplier’s series A (led by Sequoia Capital India) and just six months after seed funding ( through Surge, the Sequoia Capital India start up programme) as the company scales globally. 

Sagar Khatri , CEO of Multiplier, said, “With this new capital, Multiplier will be able to further accelerate its work towards expanding the global infrastructure, garnering meaningful partnerships and adding new capabilities to our platform. Additionally, we are also on a hiring spree, looking for an all-star team across countries, departments and levels, helping us pivot at scale and deliver premium experiences to our customers.” The company aims makes it easy for companies to employ teams internationally. Its proprietary technology simplifies the employment process by managing the complexities of local compliance, labour contracts, payroll, benefits and taxes.

Talent.com, a job board that aggregates both job ads posted directly by recruiters as well as ads from third-party recruitment sites, has picked up $120 million in a Series B round of funding that it will be using to continue expanding internationally, to invest further in its programmatic search platform and to introduce new products and service for users. Talent.com’s co-founder and co-CEO Lucas Martínez told TechCrunch that the aim is to use the funding to build more tech to help consumers see results more relevant to what they are looking for; and to make Talent.com the platform more attractive to employers, with tools to measure the responsiveness of ads and to charge them based on what gets people clicking. The international job board, based in Canada, is also investing in international expansion.

The latest funding round is being led by Canadian VC Inovia Capital, with previous backer Caisse de dépôt et placement du Québec (CDPQ), and new investors Investissement Québec, Climb Ventures, BDC Capital, Fondaction, and HarbourVest Partners, also participating. Alongside the $120 million in equity, it has also raised USD 30 million in new debt financing from the Technology & Innovation Banking Group at BMO Financial Group.