BetterPlace

BetterPlace is a technology platform focused on providing digital solutions for managing the blue-collar workforce across the entire value chain. By leveraging a data-driven approach, BetterPlace addresses the unique needs of both enterprises and workers within this fragmented and underserved sector. The platform aims to foster a trusting relationship between blue-collar workers and their employers, enhancing access to job opportunities, financial resources, and overall well-being. Through its innovative services, BetterPlace seeks to improve the quality of life for the workforce while facilitating efficient management for businesses.

Pravin Agarwal

Co-Founder, Group CEO and Board Member

2 past transactions

Oust Labs

Acquisition in 2021
Oust Labs is a developer of a gamified micro-learning platform designed to facilitate the onboarding and training of front-line staff in a competitive business environment. This platform enables organizations to efficiently create and share valuable information while ensuring continuous engagement with a diverse workforce, accommodating multiple languages. By emphasizing brief, focused learning modules that typically last two minutes and consist of five questions, Oust Labs allows clients to effectively assess, train, and develop their employees and contractors through a mobile app. This approach not only enhances workforce engagement but also addresses the challenges posed by an increasingly transient labor market.

Fabulyst

Acquisition in 2020
Fabulyst is an innovative AI engine designed to meet the style aspirations of modern women by providing personalized fashion recommendations. Utilizing advanced algorithms that incorporate deep learning, computer vision, and natural language processing, Fabulyst emulates a personal stylist in a hands-free manner. The system analyzes user preferences, aspirations, and personal traits to deliver customized outfit suggestions along with tailored style advice. By working as a layer over fashion e-commerce platforms, Fabulyst distinguishes itself from competitors by addressing aspirational queries without the need for manual intervention. The company aims to democratize access to personal styling services, allowing individuals to enjoy the benefits of a personal stylist at no cost, catering to the growing fashion e-commerce market.
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