Private Equity VC Fund Investments
Blue-collar staffing co Smartstaff attracts funding from Japan's Persol Group
Bengaluru-based blue-collar staffing platform Smartstaff has attracted investment from Tokyo-headquartered Persol Group, which focuses on temporary staffing, career transition services, IT outsourcing, and design and development. The group is looking at India as a key market.
Smartstaff offers workers various benefits including instant advance salary, loans, leave bonuses, live chat support, an emergency SOS feature, and a dedicated helpline for the specific needs of female workers.
Smartstaff was set up in February 2021 by Arpit Dave, Viral Chhajer, Gnanesh Chilukuri, and Aravind Reddy.
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From the Venture Intelligence PE-VC Deal Database: Between Oct-21 and Jul-23, Smartstaff had raised USD 10.5 million in funding from Nexus Venture Partners, Blume Ventures, Arkam Ventures and Alteria Capital.