Friday, April 19, 2024
Outlook.com
Outlook India
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Betterplace

The initiative aims to partner with banks and NBFCs in the next 2 years to deepen financial inclusion for frontline workers

Both BetterPlace and Bueno Finance cater to blue-collar workers and have food delivery companies Swiggy and Zomato as their clients

The acquisition of TROOPERS marks BetterPlace's second major move in 2023, following its majority stake acquisition of MyRobin in Indonesia earlier this year

The investment round saw the participation of several new and existing investors like Jungle Ventures and British International Investment