About BetterPlace
BetterPlace is a company based in Bengaluru (India) founded in 2015 by Pravin Agarwala, Uday Singh, and Saurabh Tandon.. BetterPlace has raised $96.66 million across 12 funding rounds from investors including 3one4 Capital, Accion and Venture Highway VC. The company has 371 employees as of April 09, 2025. BetterPlace has completed 7 acquisitions, including Bueno Finance, Fabulyst and OLX People. BetterPlace offers products and services including goBetter HCM Platform, Workforce Fulfilment, Gig Fulfilment, and Credit Insurance. BetterPlace operates in a competitive market with competitors including Legion, WorkJam, Harri, Work Market and Eden Workplace, among others.
- Headquarter Bengaluru, India
- Employees 371 as on 09 Apr, 2025
- Founders Pravin Agarwala, Uday Singh, Saurabh Tandon
- Stage Minicorn
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Sectors
Technology
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Email
***********
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Phone
*********
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Website
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Social
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- Legal Name Betterplace Safety Solutions Private Limited
- Date of Incorporation 01 Jan, 2015
- Jurisdiction Bengaluru, Karnataka, India
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Annual Revenue
$9.44 M (USD)8111470.43as on Mar 31, 2023
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Net Profit
$-14.32 M (USD)-13752014.36as on Mar 31, 2023
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EBITDA
$-15.16 M (USD)-16797629.15as on Mar 31, 2023
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Total Equity Funding
$96.66 M (USD)
in 12 rounds
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Latest Funding Round
$3.8 M (USD), Series D
Mar 06, 2025
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Investors
3one4 Capital
& 32 more
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Employee Count
371
as on Apr 09, 2025
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Investments & Acquisitions
Bueno Finance
& 6 more
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Products & Services of BetterPlace
BetterPlace offers a comprehensive portfolio of products and services, including goBetter HCM Platform, Workforce Fulfilment, Gig Fulfilment, and Credit Insurance. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Platform for hiring and managing frontline workforce needs
Tech-enabled services for efficient staffing and hiring
Solutions for managing gig-based workforce operations
Insurance products integrated with HR processes
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Funding Insights of BetterPlace
BetterPlace has successfully raised a total of $96.66M across 12 strategic funding rounds. The most recent funding activity was a Series D round of $3.8 million completed in March 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 12
- Last Round Series D — $3.8M
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First Round
First Round
(31 Mar 2015)
- Investors Count 33
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2025 | Amount | Series D - BetterPlace | Valuation | Jungle Ventures |
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| May, 2024 | Amount | Series C - BetterPlace | Valuation | GoodWorker |
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| Aug, 2023 | Amount | Series C - BetterPlace | Valuation | Innoven Capital |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in BetterPlace
BetterPlace has secured backing from 33 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include 3one4 Capital, Accion and Venture Highway VC. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Venture capital investments in early and growth-stage companies across Southeast Asia and India, focusing on technology sectors.
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Founded Year | Domain | Location | |
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Venture debt financing is extended to companies across multiple sectors.
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Founded Year | Domain | Location | |
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Venture debt funding and structured finance for innovative startups in India.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by BetterPlace
BetterPlace has strategically engaged in corporate development activities, having acquired 7 companies. Notable acquisitions include Bueno Finance, Fabulyst and OLX People. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Provider of personal loans services
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2019 | ||||
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OkayGo is recognized as India’s leading task fulfillment technology platform.
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2019 | ||||
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Online recruitment platform for job applications and hiring is operated.
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2019 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - BetterPlace
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Betterplace Comparisons
Competitors of BetterPlace
BetterPlace operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Legion, WorkJam, Harri, Work Market and Eden Workplace, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Workforce management solutions are provided through intelligent automation technology.
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| domain | founded_year | HQ Location |
Hourly workforce schedules and communications are managed via software.
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| domain | founded_year | HQ Location |
Recruitment and workforce management are offered for hospitality.
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| domain | founded_year | HQ Location |
Freelance management, payments, and reporting are facilitated by AI software.
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| domain | founded_year | HQ Location |
SaaS-based workplace management software for offices is delivered.
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| domain | founded_year | HQ Location |
Cloud-based HCM software is provided for enterprise HR processes.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Betterplace
Frequently Asked Questions about BetterPlace
When was BetterPlace founded?
BetterPlace was founded in 2015.
Where is BetterPlace located?
BetterPlace is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Who is the current CEO of BetterPlace?
Pravin Agarwala is the current CEO of BetterPlace. They have also founded this company.
Is BetterPlace a funded company?
BetterPlace is a funded company, having raised a total of $96.66M across 12 funding rounds to date. The company's 1st funding round was a Series C of $232K, raised on Mar 31, 2015.
How many employees does BetterPlace have?
As of Apr 09, 2025, the latest employee count at BetterPlace is 371.
What is the annual revenue of BetterPlace?
Annual revenue of BetterPlace is $9.44M as on Mar 31, 2023.
What does BetterPlace do?
BetterPlace was founded in 2015 in Bengaluru, India, as a provider of a human capital management platform targeted at frontline workers. Operations focus on streamlining hiring, onboarding, attendance tracking, payroll processing, compliance, upskilling, and workforce fulfillment. Features such as bulk onboarding, automated payroll, gamified learning modules, and vendor management are incorporated to handle records and background verifications in the HR technology sector.
Who are the top competitors of BetterPlace?
What products or services does BetterPlace offer?
BetterPlace offers goBetter HCM Platform, Workforce Fulfilment, Gig Fulfilment, and Credit Insurance.
How many acquisitions has BetterPlace made?
BetterPlace has made 7 acquisitions, including Bueno Finance, Fabulyst, and OLX People.
Who are BetterPlace's investors?
BetterPlace has 33 investors. Key investors include 3one4 Capital, Accion, Venture Highway VC, Alteria Capital, and British International Investment.
What is BetterPlace's valuation?
The valuation of BetterPlace is $289.63M as of May 2024.