BetterPlace provides businesses with contractor workforce management, including onboarding, training, and background checks.
BetterPlace is a technology platform delivering digital solutions for blue-collar workforce management, throughout the entire value chain. Through its data-driven, tech platform, BetterPlace uniquely fulfills the requirements of both enterprises and the workforce in this fragmented and underserved ecosystem.For enterprises, BetterPlace is a single touchpoint through which organizations benefit by managing their entire value chain – thus ensuring cost reductions, higher engagement levels, increased productivity, lower attrition rates. For the workforce, BetterPlace is an employee engagement platform that gives access to a variety of upskilling, financial support and medical benefits programs.Since its inception in 2015, the company has catered to 15 million employees across 1,000+ organizations in India. BetterPlace’s value proposition, across the lifecycle of Hire-Manage-Engage, supports the vision of becoming the go-to digital platform for the entire blue-collar, contractual and off-roll ecosystem in India.
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
---|---|---|---|---|---|---|
Dec 20, 2022 | Series C | ₹3.40B | 8 | Jungle Ventures | — | Detail |
Aug 5, 2022 | Convertable Note | ₹0.96B | 1 | Jungle Ventures | — | Detail |
Sep 13, 2021 | Series C | $24M | 10 | CX Partners Jungle Ventures | — | Detail |
Oct 27, 2020 | Series B | $10M | 4 | Jungle Ventures | — | Detail |
May 22, 2018 | Series A | $3M | 3 | 3one4 Capital | — | Detail |
Date
Company Name
|
Round | Money Raised | Industry | Lead Investor |
---|---|---|---|---|
Dec 8, 2022
Metagood
|
Pre-seed | $5M | Cryptocurrency | — |
Jun 8, 2021
Flare Network
|
Series Unknown | $11.30M | Blockchain | — |
Aug 3, 2020
Pixelmatic
|
Private Equity(PE) | $3.10M | Bitcoin | Yes |
Mar 31, 2020
Satoshis Games
|
Pre-seed | $750K | Bitcoin | — |
Jul 1, 2019
Lastbit
|
Seed | $1.50M | Bitcoin | — |
Investor Name | Lead Investor | Funding Round |
---|---|---|
Jungle Ventures | Yes | Series C |
3one4 Capital | — | Series C |
British International Investment | — | Series C |
Capria Ventures | — | Series C |
CX Partners | — | Series C |
Macquarie Capital | — | Series C |
Site Capital Partners | — | Series C |
Unitus Ventures | — | Series C |
Catnip Pvt Ltd. | — | Series C |
CDC Group | — | Series C |
BetterPlace has acquired 6 organizations. Their most recent acquisition was Fabulyst on Mar 23, 2020. They acquired Fabulyst for 0.
Date
Company Name
|
Industry | Acquisition Type | Price | |
---|---|---|---|---|
Mar 23, 2020
Fabulyst
|
Artificial Intelligence | acquihire | — | Detail |
Oct 4, 2021
Oust Labs
|
Computer | acquisition | — | Detail |
Oct 27, 2021
OLX People
|
Human Resources | acquisition | — | Detail |
Oct 27, 2021
Waah Jobs
|
Consulting | acquisition | — | Detail |
May 29, 2022
OkayGo
|
Human Resources | acquisition | — | Detail |