Kazakh startup receives US$450,000 from foreign investors

Developments of Kazakhstan are gaining recognition from international investors. A startup of Kazakhstan attracted almost half a million dollars for its development. The project authors plan to use the funds allocated by a foreign venture company to enter the markets of Southeast Asia. The Kazakh development is a cloud service for small and medium-sized businesses that facilitates the work of staff management. In the future, the company is set to provide instruments of instant blue-collar hiring tools, that is, representatives of working specialties, as well as several other services. All of them will allow rapidly responding to the requirements of both the employer and employees. This summer, the company managed to register three times more clients than in the last three years combined. To date, 1,200 plants and more than 40,000 users around the world chose its services. The platform is becoming popular in Indonesia, India, the Philippines, Russia, Ukraine and Uzbekistan.

“This happened because we again increased the functionality of the product. That is, it used to be only time tracking, now it is a full-fledged HR product with a blue collar focus. All competitive solutions are aimed at white collars. Blue-collar workers, the number of which is growing every year, they don’t have access to automation, time tracking, timesheets, business communications and so on. That is, we have added full-fledged business communication, including financial requests, requests for an advance payment, which is very important just for blue-collar line personnel, some temporary employees,” said Arman Yernazarov, Chief Product Officer.