BetterPlace, a front-line SaaS platform for workforce management, has announced the acquisition of Troopers, the top provider of flexi talent solutions in Malaysia.
The acquisition marks BetterPlace's second major move this year, following its majority stake acquisition of blue-collar workforce fulfillment platform MyRobin in Indonesia earlier this year. Source IANS
BetterPlace stated in a statement that the acquisition of TROOPERS, the terms of which were not made public, will strengthen its position in Southeast Asia and speed up its presence there.
The full SaaS platform of BetterPlace will incorporate the automatic gig matching and rostering features of TROOPERS.
"Southeast Asia is expected to see a significant growth in demand for gig workers in the next five years, with the gig economy growing by 31 per cent since 2017, well ahead of the growth in conventional workforce. In Malaysia alone, 84 per cent of hiring managers prefer hiring gig-workers," said Pravin Agarwala, Co-Founder and Group CEO, BetterPlace.
Since its founding in 2017, TROOPERS has assisted more than 50,000 gig workers in Malaysia in finding employment possibilities.
"Majority of the gig workforce in Southeast Asia is informal, making it difficult for workers to discover supplementary jobs or increase their earning potential. Additionally, workers may not have the necessary skills to match growing enterprise requirements," said Joshua Tan, Co-Founder and CEO, TROOPERS.
BetterPlace creates cutting-edge, technologically advanced solutions that help businesses be prepared for the future. For businesses looking for qualified individuals for gig and full-time employment, the company's AI-powered enterprise platform offers strong matchmaking capabilities.
BetterPlace, which was founded in 2015, has over 30 million users on its platform and more than 1,100 clients.
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