BetterPlace is on a mission to cushion more than 400 million blue and grey collar workers in India for helping them with better employment opportunities, especially after the pandemic period.
Blue-collar employee management startup BetterPlace announced the acquisition of OLX People and Waah Jobs to augment its portfolio offering employee management solutions. The startup aims to be one of the largest solution providers in the blue as well as grey- collar staffing space.
This is the second acquisition announced by BetterPlace in October 2021. The company acquired Oust Labs earlier in the month which is a mobile-first micro learning platform, custom-made for upskilling and training distributed workforces.
After the complete acquisition, the new acquired entity will utilize proprietary technology which will fuel organizations to manage the entire lifecycle of their blue-collar employee workforce. It will provide a single platform comprising a trouble-free hiring process of new employees, expansion of existing workforce as well as managing big setups of workers across various clients. The all-new integrated platform will deliver technology-driven services to blue and grey users including salary credit updates, effortless access to financial services, medical advice, etc. Users can additionally upskill themselves via platform-offered various vernacular training modules.
BetterPlace is on a mission to cushion more than 400 million blue and grey collar workers in India for helping them with better employment opportunities, especially after the pandemic period.
CEO (Chief Executive Officer) and Co-founder of BetterPlace, Pravin Agarwala said that the blue-collar space in India is witnessing an undeniable massive digital transformation, and topping that, pandemic has fueled up the adoption of digitally-enabled platforms. He further disclosed that the company has been hiring more than 2 lakh people digitally per month, and aims to serve 2 thousand enterprises and over 3 million workforces by the end of financial year 2021.
He added joining hands with OLX People will contribute in augmenting the portfolio of employee management services and will undoubtedly help in setting up an employment exchange which has potential to offer entire digital and flexible workforce-based solutions to employers.
Commenting on the development, Tarun Sinha, CEO of OLX People and Waah Jobs said that the bule-collar workforce mission is one of the most significant challenges that the country faces. He said, “I am extremely proud that the 400-plus 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.”
He further added that the company is expected to get better at providing services for more than 2 thousand enterprises and help them hire as well as manage their workforce.
