BETTERPLACE SAFETY SOLUTIONS PRIVATE LIMITED

Business Overview

• Operates as BetterPlace, described on its own site as "Asia's leading full-stack platform for frontline/blue-collar workforce management," combining AI-driven HR software, hire, verify, onboard, attendance, training, payroll, with staffing services, via three pillars: goBetter (software), staffBetter (staffing), gigBetter (gig workforce).
• Claims 25M+ worker profiles, 1,000+ enterprise clients across 500+ cities in India, SE Asia and GCC, betterplace.co.in, self-reported, not independently verified.
• Founded 2015 in Bengaluru by Pravin Agarwala and Saurabh Tandon, per Bing-indexed company description.
• Corporate registry classifies it as a business-services/professional-technical-activities company, Tofler, TheCompanyCheck.

Sector & Classification

Business services / "Other professional, scientific and technical activities" (NIC); industry tag "Internet, Online Service Marketplaces" (TheCompanyCheck) — software for workforce verification, training, assessments, attendance management

Directors & Key Management

GST Registrations

Not obtained. No source consulted (Tofler GST tab, TheCompanyCheck) disclosed a specific GSTIN; GST compliance/registration count is stated by TheCompanyCheck to be "locked behind premium subscription." PAN AAGCB1498L is confirmed (home state Karnataka implied by RoC/registered address) but individual GSTIN(s), registration count, and per-GSTIN status could not be verified via any accessible free page (knowyourgst.com and mastersindia.co GSTIN-search URLs attempted returned 404/no data).

Financials

• Conflicting/partial data — flagged as a source conflict: (1) Tofler: standalone financials as of FY ending 31 Mar 2023 — revenue range ₹75-100 Cr, gross margin 12.25%, operating margin -96.57%, net profit margin -62.21%, debt-to-equity 4.26, EBITDA/PAT/net worth/borrowings figures locked behind Tofler Pro. (2) TheCompanyCheck: FY2025, year end 31 Mar 2025, revenue reported as ₹1,451.24 Cr (+26% YoY) — this figure is inconsistent by roughly an order of magnitude with Tofler's FY23 range and with the company's reported employee count, 303 per EPFO, TheCompanyCheck, so it is treated as unreliable/likely a data error on TheCompanyCheck and NOT used as the headline number
• Flagging for manual verification against MCA filings before publishing. EBITDA, PAT, net worth and total borrowings are not obtained, paywalled on both sources. No consolidated financials found.

Funding History

• Not obtained with confirmed figures.
• Company site references "Series C" funding and names Jungle Ventures, Macquarie, and British International Investment (BII) as backers, betterplace.co.in company description, single source, not cross-verified against a second source such as Tracxn/Entrackr/Inc42 — attempts to reach Entrackr, Inc42 and Tracxn pages for round names/dates/amounts returned no matching articles or 404.
• Treat as partial/unconfirmed.

Shareholding

• Not obtained — detailed shareholder names/percentages are paywalled on Tofler, "details available with Tofler Pro subscription", and TheCompanyCheck, requires premium report. Known: Saurabh Tandon and Pravin Kumar Agarwala are listed as Director+Shareholder
• Anurag Srivastava is a Nominee Director, implying an institutional/investor board seat, consistent with external funding, but cap table percentages are not obtained.

Loans & Charges

Related Parties

• Per TheCompanyCheck, the company has 3 subsidiaries: Mserv Technologies Private Limited, Oust Labs India Private Limited, and Aasaanjobs Private Limited.
• Indian Kanoon litigation records corroborate at least two of these as group entities: "Aasaan Jobs Private Limited" is explicitly described in a Madras High Court order (19 Oct 2024) as "a wholly owned subsidiary of Betterplace Safety Solutions Private Limited," and Oust Labs India Private Limited appears as a litigant in a Bangalore District Court matter (19 Jun 2025) naming Betterplace Safety Solutions as a related party.
• Group brand "MyRocket" also associated per TheCompanyCheck.

Legal & Compliance

• Indian Kanoon records at least 4 relevant matters: (1) M/S Mimo Technologies Private Limited vs M/S Betterplace Safety Solutions Private Limited, Karnataka High Court, 14 Nov 2024, Judge S Sunil Dutt Yadav. (2) Betterplace Safety Solutions Private Limited vs G7Cr Technologies Pvt Ltd, Karnataka High Court, Civil Misc.
• Petition No.
• 278 of 2025, 31 Oct 2025, Judge Suraj Govindaraj. (3) M/S Aasaan Jobs Private Limited vs [party], Madras High Court, 19 Oct 2024, noting Aasaan Jobs as Betterplace's wholly owned subsidiary. (4) M/S Oust Labs India Private Limited vs M/S Mind Leaders Learning India Private Limited, Bangalore District Court, 19 Jun 2025, naming Betterplace Safety Solutions as a party.
• No case outcomes/amounts obtained
• Single-source (Indian Kanoon) for all four.

Competitive Landscape

• Named peers in the frontline-workforce-management / blue-collar HR-tech and staffing space, roughly similar scale, India/SE-Asia focused HR-tech, not independently confirmed as direct competitors from a single authoritative list, based on general market positioning: (1) Quess Corp — large-scale, listed, multi-billion-turnover staffing major. (2) TeamLease Services — large-scale, listed staffing/HR services firm. (3) Awign Enterprises — similar-scale, gig/blue-collar workforce platform startup. (4) Zyoin / Zyoin Web — smaller-scale, recruitment/staffing tech. (5) OLX People / Apna.co — similar-scale, blue-collar/gig hiring platform. (6) Rippling/Darwinbox — larger-scale HR-tech platforms, different segment — broader HRMS/payroll rather than blue-collar-specific, included as adjacent competitors in HR-tech software.

Frequently Asked Questions