Charging monthly fee of US$20 for solo, US$40 for teams Model is expected to remove the need for talent to leave the platform “You are the one delivering the work, you should get paid the full amount for that work,” said Rashvin Pal Singh, group CEO of Mereka, an education technology provider.
Breaking away from commission-based fees, Mereka opts for subscription model for its talent marketplace of expertsCharging monthly fee of US$20 for solo, US$40 for teams“You are the one delivering the work, you should get paid the full amount for that work,” said Rashvin Pal Singh, group CEO of Mereka, an education technology provider.
In tandem with launching the talent platform Mereka has launched an equity crowdfunding campaign on pitchIN with the target of raising RM1.5 million. As of 6 Nov, it has reached RM800,700, mainly from existing investors from its 2018 campaign that raised over RM1.6 million. The funding will address the two main challenges Rashvin faces.
Taking the high moral ground with the subscription model that allows talent to keep all their earnings makes for good headlines but on a practical level it also helps build loyalty and reduces the risk of talent wanting to deal off-platform with clients. With the gig economy in Southeast Asia valued at US$3 billion, said Rashvin, Mereka is targeting to sign-up 50,000 experts on the platform over the next eight years.The unfairness in compensating talent first hit Rashvin at Biji-Biji Initiative where he was co-founder and CEO. Launched with some friends in 2013 Biji-Biji is a social enterprise in Malaysia that focuses on sustainable development through technology and education.
This glaring disparity in compensation led to the establishment of Mereka in 2017 as a subsidiary of Biji-Biji Initiative, targeting corporates to deliver higher value education and coaching.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
DC Handal's largest EV charging hub at Iskandar Puteri, JohorJohor is about to get an epic EV fast charging hub and it's the biggest in Malaysia. There are 28x DC charge points located next to Legoland Malaysia.
Read more »
Sime Darby Motors Partners with Gentari for EV ChargingSime Darby Motors (SDM) has partnered with Gentari, a leading electric vehicle (EV) charging solutions provider in Malaysia. This collaboration involves the migration of SDM's existing DC fast chargers to Gentari's platform under the 'Gentari Go' app.
Read more »
Malaysia's EV Charging Ambitions Face Reality CheckWhile Malaysia has ambitious goals for electric vehicle (EV) public charging stations, the reality on the ground falls short. Despite a target of 10,000 charging stations by 2025, only 2,214 have been installed as of Q1 2024. Charge Point Operators face challenges including high import duties, inadequate power infrastructure, regulatory hurdles, and limited consumer awareness.
Read more »
18-Year-Old Dies From Electrocution While Charging Phone In Express Bus At Penang SentralThe Transport Ministry has impounded the bus for further investigations.
Read more »
Mereka semua abang, tidak terbayang kami bercintaMereka semua abang, tidak terbayang kami bercinta - Iman Troye
Read more »
Teen dies from electrocution while charging handphone on express busBUTTERWORTH: A teenager died after he is believed to have been electrocuted while charging his handphone on an express bus at Penang Sentral here yest...
Read more »