Smartstaff raises $4.3 million in seed funding
Bengaluru based blue-collar workforce management platform Smartstaff has raised $4.3 million in seed funding lead by Blume Ventures, Nexus Venture Partners and Arkam Ventures, along with investments from Gemba Capital and some other companies. The company offers blue-collar staff hiring solutions to several companies and helps them digitise the workforce.
The funding aims at making access to work easier and provide better employment to more than 100 million Indian blue-collar workers, by leveraging technology. It expects to have more than 10,000 new blue-collar workers on the platform by the end of 2021. Further, the funds will also be used in driving product development and team building.
Smartstaff offers a resolution of the blue-collar workforce management issues through a mobile-based, staffing solution and platform, which helps the manufacturing industry to manage the entire shift workforce along with maintaining their timesheets. Currently, the Smartstaff developed timesheets tracks over 30,000 work hours on a daily basis, with clients including Raymonds, Enamor, Dixcy and more.
Commenting on the funding, Arpit Dave, Co-founder and CEO, Smartstaff said, “With more and more industrial workers getting access to smartphones, we see a huge potential in using technology to reimagine workplace processes, and unlock massive value for companies and workers alike.”