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    Home»Brief News»Merger & Acquisition»BetterPlace acquires OLX People, Waah Jobs; will serve gig, blue-collar workers
    Merger & Acquisition

    BetterPlace acquires OLX People, Waah Jobs; will serve gig, blue-collar workers

    HRK News BureauBy HRK News BureauOctober 28, 20212 Mins Read22854 Views
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    BetterPlace is now all set to help organisations manage the entire lifecycle of their blue-collar workforce from a single platform. That means, smooth hiring, temporary expansion of workforce without hassles and management of large workforces in a convenient manner. The Company has strategically acquired OLX People and Waah Jobs to strengthen its portfolio of workforce-management solutions.

    “By joining forces with OLX People, we will strengthen our portfolio of end-to-end workforce management services and build an employment exchange that can offer employers truly digital and flexible staffing solutions,” said Pravin Agarwala, CEO, co-Founder, BetterPlace.

    This acquisition will help BetterPlace, the tech platform for blue-collar workforce management, further its mission to support the over 400 million strong blue and grey-collar workforce in India to find jobs after the challenges brought on by the pandemic.

    Earlier in October, BetterPlace had acquired Oust Labs, a mobile-first micro learning platform that facilitates the upskilling and training of distributed workforces. With this latest acquisition of OLX People and Waah Jobs, the Company will be better equipped to offer organisations a full range of technology-enabled solutions.

    Blue and grey-collar users on the integrated platform will now be able to enjoy a wide range of services, including salary credit updates, benefits summary, access to financial services and medical advice. In addition, it will also offer vernacular training modules for employees’ upskilling.

    “We are onboarding more than 2,00,000 people digitally every month and aim to serve 2,000 enterprises and over three million workforces by the end of this financial year,” said Agarwala.

    Tarun Sinha, CEO of OLX People & Waah Jobs, expressed pride in the 400+ OLX People & Waah Jobs team joining the “broader family of believers in technology as the key to improve the daily lives of millions of workers across India”.

    Sinha is confident that together with BetterPlace, that has been working in the blue and grey-collar gig staffing ecosystem, they “will continue to improve the service for more than 2000 enterprises and help them hire and manage their workforce”.

    BetterPlace recently raised $24 million in a Series-C funding round led by multiple investors including CX Partners, Jungle Ventures, CDC Group, Capria Ventures and 3One4 Capital.

    BetterPlace caters to clients across blue-collar heavy industries including private security, logistics, facility management, IT/ITES, on-demand services, retail and construction.

    Betterplace blue collar gig OLX People Waah Jobs Workers
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