Friday, April 26

Tag: 3one4 Capital

Blue-Collar Workforce Focused Startup Raises Series A Funding
FUNDING

Blue-Collar Workforce Focused Startup Raises Series A Funding

BetterPlace, an HRtech startup for the blue-collar workforce, recently raised $3 Mn in Series A funding led by 3one4 Capital. This round of funding also saw the participation of Venture Highway and Unitus Ventures. “We are focused on addressing the $12 Bn blue-collar ecosystem in the country. A significant part of the funds will be utilized to strengthen the existing ecosystem using frictionless solutions powered by AI and machine learning,” said Pravin Agarwala, co-founder and CEO of Betterplace. The funds used will serve to add new solutions and expand the business in different verticals, for example, skilling, compliance and fintech services as well, in a bid to fortify its position as a single platform for the semi-formal workforce of India. This is the third time that BetterP...
Delhi Based WiFi Analytics Startup i2e1 Raises Series-A Funding
FUNDING

Delhi Based WiFi Analytics Startup i2e1 Raises Series-A Funding

Delhi based Wifi analytics startup i2e1 (Information to Everyone) raised a Series-A funding of $3 million from philanthropic investment firm Omidyar Network on Wednesday. The round also saw participation from US-based Auxano Ventures, early stage investment firm 3one4 Capital and some of its existing investors. The fresh funds will be used to scale up the existing operations and launch a mobile application. “Using data collected from user sign-ins at brick and mortar establishments, i2e1 creates an analytics intelligence suite similar to Google Analytics, tailored for offline businesses. This strengthens defensibility for offline retailers in comparison to their online counterparts who collate real-time intelligence on their users,” the statement said. Also Recommended Are ...