BetterPlace to invest nearly $80 mn in next 5 years to expand operations
BetterPlace Global, a SaaS platform for frontline workforce mgmt, plans to invest $80M in next 5 yrs to expand in SEA, GCC. It aims to use the investment for product innovation, building teams, network building, and R&D. It witnessed 5.5X growth in FY22 and plans to achieve Ebitda level profitability by 2023. It recently launched BetterPlace Money to provide credit to 10M frontline workers. It partners with companies to acquire their tech stack, teams, and capabilities.
BetterPlace Global, a SaaS platform for frontline workforce mgmt, plans to invest $80M in next 5 yrs to expand in SEA, GCC. It aims to use the investment for product innovation, building teams, network building, and R&D. It witnessed 5.5X growth in FY22 and plans to achieve Ebitda level profitability by 2023. It recently launched BetterPlace Money to provide credit to 10M frontline workers. It partners with companies to acquire their tech stack, teams, and capabilities.
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