The SaaS-based HR and payroll software startup will use $700K to expand to other territories.
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Betterplace plans to expand its solutions into skilling, compliance and fintech services.
The mobile-based HR solutions provider has raised an undisclosed amount in seed funding from a group of investors, including Vishal Bali.
The Company will use the fund to strengthen its team and set up a software platform.
The Company aims to help organisations optimise their workforce and acquire talent.
The AI-based HR analytics platform agreed to give away 5 per cent equity to the team formed by Ameera Shah, managing director and CEO, Metropolis Healthcare, and Vivek Bhargava, CEO, iProspect.
With 55 per cent of Indian companies hiring through employee referrals, this platform is clearly gaining popularity in the market.