WFM platform Smartstaff has raised $4.3m in a new funding drive from Blume Ventures, Nexus Venture Partners and Arkam Ventures.
The funds raised will be used for enhancing product offering and building the team, the company, previously Qikwork, said.
The 12-month-old start-up helps businesses hire and manage their workforce through digital-led workforce management practices by providing a mobile-based, workforce management and staffing solution aimed at the manufacturing industry.
The startup’s platform also helps in improving workers’ visibility into payouts, statutory contributions and their timesheets.
Arpit Dave, co-founder and chief executive officer, 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.”
Smartstaff looks to enable 100 million blue collar workers in India, helping them get access to better work opportunities.
Karthik Reddy, managing partner, Blume Ventures, said: “Indian manufacturing is silently powered by tens of thousands of SMBs and their workforces. And yet, the ability to enhance that labour discovery, employment, productivity and transparency – is alarmingly low.
The Smartstaff team is all set to change that. Their solution has already wowed some of the smaller and largest employers in the space. We will soon see the core of Indian manufacturing be powered by Smartstaff.”
