Recruitment startup Multiplier set to raise $60-M from Tiger Global, DST, others

Recruitment and employment management startup Multiplier is in talks to raise USD 60 million in a new round that will see new investors including Tiger Global and DST joining the cap table. Existing investors Sequoia and others will also participate in the round. Multiplier is a professional employment organisation (PEO) platform that provides solutions for companies to hire talent from anywhere in the world. The Singapore-registered company manages local compliance, labour contracts, payroll, benefits and taxes in over 100 countries.