BetterPlace Acquires OLX People And Waah Jobs To Strengthen Portfolio

SUMMARY

BetterPlace helps enterprise clients hire, manage, engage with and upskill blue-collar workers

BetterPlace had acquired Oust Labs, a gamified worker upskilling startup, earlier this month

OLX People and Waah Job’s 400 person team will join BetterPlace to add more features

Blue-collar workforce management startup BetterPlace has acquired OLX People and Waah Jobs to strengthen its portfolio of workforce management solutions.

BetterPlace is a tech platform for managing the blue-collar workforce that works with more than 1,000 large and medium enterprises in India to help them organise blue-collar workforce hiring, managing and engagement.

Earlier this month, Betterplace had acquired Oust Labs, a mobile-first gamified microlearning platform for upskilling and training distributed workforces.

With this acquisition, the joint entity will leverage proprietary technology to provide its clients with one-stop-shop for all their worker management needs.

These include hiring, temporary workforce expansion and offering their workforce access to services including salary credit updates, benefits summary, access to financial services, medical advice and upskilling opportunities.

“The blue-collar workforce mission is one of the most important challenges India faces. I am extremely proud that the 400+ OLX People and Waah Jobs team now joins a broader family of believers in technology as the key to improve the daily lives of millions of workers across India,” said Tarun Sinha, CEO of OLX People and Waah Jobs.

“Together with BetterPlace, we will continue to improve the service for more than 2000 enterprises and help them hire and manage their workforce.”

Last month, Inc42 had published an exclusive report of Betterplace raising $24 Mn in a Series C round led by CX Partners and Jungle Ventures. The Bengaluru-based startup had said that the funds will be used to invest in technologies and products to support its growth pursue inorganic growth opportunities.

Recently, another workforce management startup, Smartstaff, had raised $4.3 Mn in a seed funding round this month where Blume Ventures, Nexus Venture Partners, Arkam Ventures, Gemba Capital and others Apna, a job marketplace for blue-collar workers, became the fastest Indian startup to become a unicorn by raising $100 Mn at a $1.1 bn valuation.