BetterPlace
About
BetterPlace provides businesses with contractor workforce management, including onboarding, training, and background checks.
- Bengaluru,Karnataka,India
- 501 - 1000
- https://betterplace.co.in
Details
- Last Funding Type
- Series C
- Last Funding Money Raised
- ₹3.40B
- Industries
- Consulting,Human Resources,Information Services,Recruiting,Training
- Founded date
- Jan 1, 2015
- Number Of Employee
- 501 - 1000
- Operating Status
- Active
- Legal Name
- BetterPlace
- Also Known As
- BetterPlace Safety Solutions
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.
Funding Rounds
| 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 |
Investments
|
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 | — |
Investors
| 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 |
|
|
— | Series C |
Unitus Ventures
|
— | Series C |
|
|
— | Series C |
CDC Group
|
— | Series C |
Employee Profiles
Acquisition
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 |
