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...