Thursday, March 28

Tag: betterplace

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...
Unitus Seed Fund Invests in BetterPlace, India’s Leading Safety and Trust Platform
FUNDING

Unitus Seed Fund Invests in BetterPlace, India’s Leading Safety and Trust Platform

16th February, 2016. Bangalore, India: Unitus Seed Fund, India’s most active seed fund supporting startups innovating for the masses, today announced an investment in BetterPlace Safety Solutions, a Bangalore-based digital background verification solution provider aiming to create “A Better Place For A Billion+ Indian Citizens By SAFE Powering Them”. Founded in 2015 by Uday Singh, currently the Group CEO of SIS Group and Pravin Agarwala, former Global head of Cloud ERP Development at SAP, BetterPlace has created India’s first web service that addresses the ‘trust deficit’ in any form of alliance or interaction between individuals and entities. From verifying the credentials of a potential tenant, to hiring a maid, to fulfilling the workforce hiring requirements of large organizations, B...