Tech-driven Vietnamese recruitment platform TopCV has announced the receipt of a strategic investment from leading Japanese human resources (HR) company Mynavi.

While the specific figure was undisclosed, the investment is believed to be in the tens of millions of dollars, according to TopCV’s press release.

The investment is expected to open a new stage in TopCV unleashing the power of technology to connect and improve the quality of local HR, helping businesses develop in a sustainable manner while lifting Vietnam’s HR Tech market.

A representative from Mynavi said that what motivates its cooperation with and investment in TopCV is their common mission, which is to work towards creating a better society for everyone. TopCV possesses unique advantages, including the development potential from its technological strength together with a valuable ecosystem and enthusiastic staff.

“We believe that Mynavi’s long-term commitment will help TopCV access more advantages in terms of resources and extensive experience in HR, helping us carry out our mission and resolve difficult market problems more quickly and effectively,” said Mr. Tran Trung Hieu, General Director of TopCV.

Established in 2014, TopCV is one of Vietnam’s leading HR Tech companies, providing tools for jobseekers to prepare resumes that increase their chances of finding employment. It currently has four key products: the smart recruitment platform TopCV.vn, the employee competency establishment and assessment platform TestCenter.vn, the employee experience management and enhancement platform HappyTime.vn, and the recruitment management solution SHiring.ai. With over 7.6 million users and 200,000 major business customers, TopCV successfully connects millions of candidates with suitable employers every year.

Established in 1973 and headquartered in Tokyo, the Mynavi Corporation operates in Human Resources, Education, and Life Services. It also owns Japan’s leading employment and recruitment platform, and targets creating a better world through unleashing human potential. It began investing in international businesses in 2017.