Smartstaff, a blue-collar staffing platform, has raised $6.2 million in its Series A funding from Nexus Ventures, Arkam Ventures, Blume Ventures and Alteria Capital. With this, the total funding raised by the firm stands at $10.5 million.
The funds will enable the company to ramp up geographically and replicate success in the garment industry, to other categories, Smartstaff said in a press release.
Founded by Arpit Dave, Viral Chhajer, Gnanesh Chilukuri, and Aravind Reddy, Smartstaff simplifies the staffing process for mid-sized and large manufacturing enterprises.
Over the past two years, Smartstaff claims to have recruited, trained, and employed 11,000 workers across 50 different manufacturers. As per the company, it has facilitated 3 million shifts, resulting in workers collectively earning over Rs 100 crore in wages.
Smartstaff focuses on three crucial aspects of blue-collar staffing: recruitment, management, and retention. Its partner brands include Raymonds, Cotton World, SuperDry, and Marks and Spencers.
