BetterPlace - About the company
BetterPlace is a series D company based in Bengaluru (India), founded in 2015 by Pravin Agarwala, Saurabh Tandon and Uday Singh. It operates as a Provider of human capital management platform for frontline workforce enablement. BetterPlace has raised $97.9M in funding from investors like Jungle Ventures, CX Partners and Innoven Capital, with a current valuation of ₹*****. The company has 766 active competitors, including 94 funded and 79 that have exited. Its top competitors include companies like Legion, Fountain and Deputy.
Company Details
Provider of human capital management platform for frontline workforce enablement. The platform offers solutions for hiring, onboarding, attendance management, payroll processing, and upskilling. It provides tools for background checks, training, and lifecycle management of contractual and on-roll workforce. The platform also facilitates access to financial services, including loans and early wage access.
- Website
- www.betterplace.co.in/
- Email ID
- *****@betterplace.co.in
- Registered Address
- 144,144/1, 1st Floor, Shubharam Complex M.G.Road, Bangalore, Bengaluru, Karnataka, India, 560001
Key Metrics
Founded Year
2015
Location
Bengaluru, India
Stage
Series D
Total Funding
$97.9M in 11 rounds
Latest Funding Round
Post Money Valuation
₹***** as on Sep 03, 2025
Investors
Ranked
17th among 766 active competitors
Annual Revenue
₹1,450Cr as on Mar 31, 2025
Employee Count
291 as on Aug 31, 2025
Investment & Acquisitions
Legal entities associated with BetterPlace
BetterPlace is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
BETTERPLACE SAFETY SOLUTIONS PRIVATE LIMITED CIN: U74900KA2015PTC078053 , India, Active | Jan 01, 2015 | $172M (As on Mar 31, 2025) | 290 (As on Aug 31, 2025) |
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BetterPlace's funding and investors
BetterPlace has raised a total funding of $97.9M over 11 rounds. Its first funding round was on Mar 31, 2015. Its latest funding round was a Series D round on Mar 06, 2025 for $*****. 4 investors participated in its latest round. BetterPlace has 32 institutional investors and 3 angel investors.
Here is the list of recent funding rounds of BetterPlace:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Mar 06, 2025 | 1717193 | Series D | 6154230 | 7075276 | 4890155 | 9476603 |
Aug 03, 2023 | 2478222 | Series C | 9772264 | 4589078 | 4826795 | |
Apr 28, 2023 | 5375775 | Series C | 1333443 | 3589417 | 4285479 |
View details of BetterPlace's funding rounds and investors
BetterPlace's founders and board of directors
Founder? Claim ProfileThe founders of BetterPlace are Pravin Agarwala, Saurabh Tandon and Uday Singh. Pravin Agarwala and Tarun Sinha are the CEOs of BetterPlace.
Here are the details of BetterPlace's key team members:
- Pravin Agarwala: Co-Founder & CEO of BetterPlace and founder of 4 other companies, including goBetter, FloCareer and Flo Learning. They are also an angel investor in 2 startups and serve on the boards of 2 companies.Contact Info: 1 email address and 1 phone number
- Saurabh Tandon: Co-Founder & COO of BetterPlace and founder of 1 other company. They serve on the boards of 2 companies.Contact Info: 1 phone number
- Uday Singh: Co-Founder of BetterPlace. Contact Info: 1 email address
View details of BetterPlace's Founder profiles and Board Members
BetterPlace's employee count trend
BetterPlace has 291 employees as of Aug 25. The total employee count is 21.0% lower than what it was in Aug 24. Here is BetterPlace's employee count trend over the years:
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BetterPlace's Competitors and alternates
Top competitors of BetterPlace include Legion, Fountain and Deputy. Here is the list of Top 10 competitors of BetterPlace, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Legion 2016, San Francisco (United States), Series C | AI-based workforce management software solution | $195M | 76/100 | |
2nd | Fountain 2014, San Francisco (United States), Acquired | Provider of a platform for streamlining and automating high volume hiring | $185M | 73/100 | |
3rd | Deputy 2008, Atlanta (United States), Series B | Provider of workforce management platform for scheduling, HR, and compliance | $143M | 70/100 | |
4th | Yoobic 2014, New York City (United States), Series C | Frontline employee experience platform for managing operational tasks | $97.2M | 69/100 | |
5th | Assembled San Francisco (United States), Series B | Developer of workforce management portal | $70.7M | 67/100 | |
6th | Shiftsmart 2015, New York City (United States), Series B | Application based platform offering employee scheduling solution | $117M | 66/100 | |
7th | Nowsta 2015, Brooklyn (United States), Series C | Web based Mobile workforce management software | $93M | 65/100 | |
8th | WakeCap 2017, Riyadh (Saudi Arabia), Series B | Provider of sensor-powered project-controls system for workforce visibility and intelligence | $32M | 64/100 | |
9th | Work Market 2010, New York City (United States), Acquired | freelance management and payment solution | $66M | 64/100 | |
10th | Provider of AI-powered workforce management software for scheduling, time, and attendance | $103M | 64/100 | ||
17th | BetterPlace 2015, Bengaluru (India), Series D | Provider of human capital management platform for frontline workforce enablement | $97.9M | 61/100 |
Looking for more details on BetterPlace's competitors? Click here to see the top ones
BetterPlace's Investments and acquisitions
BetterPlace has not made any investments yet. BetterPlace has made 7 acquisitions.Here is the list of latest three $acquisitions:
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Date of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
May 08, 2023 | Acquisition | 2019 | Gurugram (India) | |
Mar 29, 2023 | Acquisition | 2017 | Petaling Jaya (Malaysia) | |
Feb 06, 2023 | Acquisition | 2019 | Jakarta (Indonesia) |
See all acquisitions by BetterPlace
Reports related to BetterPlace
Here is the latest report on BetterPlace's sector:
News related to BetterPlace
Media has covered BetterPlace for a total of 3 events in the last 1 year, 1 of them has been about people movement.
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From Darwinbox To InsuranceDekho — Indian Startups Raised $386 Mn This WeekInc42•Mar 08, 2025•Darwinbox, Leap Scholar, InsuranceDekho, Swish and 37 others
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Betterplace To Raise Inr 32 Cr From Jungle Ventures, Capria VenturesStartupNews•Mar 04, 2025•BetterPlace, Jungle Ventures, Capria
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New Relic announces Ved Antani as SVP Engineering and MD of Hyderabad Innovation CentreExpress Computer•Jan 07, 2025•New Relic, BetterPlace
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BetterPlace Appoints Deepak Lamba as Enterprise Sales Head for IndiaExpress Computer•Dec 05, 2023•BetterPlace
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Betterplace Unveils Unified Tech Brand goBetter, Commits $35M in R&DStartup Story•Oct 09, 2023•BetterPlace, CCM, Oaktree Capital Management
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BetterPlace to invest nearly $80 mn in next 5 years to expand operationsBusiness Line•Sep 16, 2023•BetterPlace,
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