BetterPlace Acquires MyRobin and Makes an Entry into the SEA Market

On Monday, BetterPlace, one of the top-notch SaaS-based frontline workforce management platforms announced its direct entry into the SEA (South-East Asia) market. To enter this market, it has acquired the majority of its stake in one of Indonesia’s blue-collar workforce platforms, named MyRobin.

As per the reports, BetterPlace was founded in the year 2015 and has recently raised an amount of $40 Mn in its extended ‘Series-C’ round.

To this, Pravin Agarwala (CEO, Co-Founder, BetterPlace) stated, “As the largest player in Asia today, we are thrilled to welcome MyRobin to the BetterPlace family and further our vision towards formalizing the frontline workforce globally. With our technology and MyRobin’s expertise in operating in Indonesia, we would be able to introduce equitable opportunities for the frontline segment.”

Further, Ardy Satria Hasanuddin (CTO & Co-Founder, MyRobin) stated, “Over the last 2.5 years, we have been able to empower over 3 million frontline workers in over 270 cities in Indonesia to live a life of dignity by elevating them to the formal economy and giving them access to formal finance, jobs, and training. As the next chapter of our growth, we would like to take our vision and expertise to more geographies and BetterPlace is the perfect partner who will enable us to achieve this goal.”

Namrata Samal

Namrata is a technical and skilled wordsmith with expertise in writing marketing, tech, and business topics. She sews strings of meaningful words together that give life to her meticulously crafted write-up.

Recent Posts

Midas Secures $45 Million Series A Funding to Reveal Trio of New Financial Products

New Delhi: Midas, a wealthtech startup based in Istanbul, has successfully raised $45 million in…

4 days ago

LetsTransport Secures $22 Million Funding Led by Bertelsmann in Latest Investment Round

New Delhi: LetsTransport, a leading truck aggregator has successfully secured $22 million in a latest…

5 days ago

finmid Secures €35M Funding to Enhance Embedded Finance Software for B2B Platforms

New Delhi: Berlin-based SaaS company, finmid, has successfully secured €35M in the early stages of…

2 weeks ago

Salesforce is in Talks to Acquire Informatica

New Delhi: Salesforce is in talks to acquire Informatica, a cloud data management company. This…

2 weeks ago

Intel Introduces Gaudi 3 AI Chip to Compete with Nvidia, Teams Up with Infosys, Bharti Airtel, & Ola in India

New Delhi: Intel has recently introduced a new AI chip, the Gaudi 3, at the…

3 weeks ago

Sprinto Raises 20 Million USD in ‘Series B’ Hosted by Accel

New Delhi: Sprinto, a software company specializing in automating risk management and compliance tasks, has…

3 weeks ago