Blue Collar Workforce

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...

OpenTap, a FinTech startup based in Chennai has received a funding of more than $ 450,000 (Rs 3 crore) from a set of high net-worth individuals, according to a statement from the company. The funds raise will be used to develop its team, strengthen its technological infrastructure, marketing and to widen the reach of its financial services network across the country, the statement added. Opentap which is operated by Vyatta Technology Private Limited, was founded in 2015 by Senthil Natrajan, Harish Devarajan and Suresh Venkataramani. All three co-founders have an experienced background in the finance field for prior to founding the company, Natarajan worked in Barclays and JP Morgan, Devarajan is the chief executive of Deep Value, a US-based cash equities algorithmic trading desk, and...

Tag: Blue Collar Workforce

Blue-Collar Workforce Focused Startup Raises Series A Funding

FinTech Startup Opentap Raises Rs 3 Crore Funding