The Bengaluru-based startup will use the funding for expansion and as well as foraying into newer industries such as the garment, among others.Founded in 2021 by Arpit Dave, Viral Chhajer, Gnanesh Chilukuri and Aravind Reddy, Smartstaff aims to help businesses hire and manage their blue-collar workforce by digitising workforce management practices. It offers end-to-end solutions for recruitment, workforce management and retention.The startup claims to have deployed 11,000 workers across 50 manufacturers to date. The company targets to raise upto $50 million in the current round.The funds will be deployed for aiding the companys working capital needs, improving the sales and distribution network, expanding its manufacturing capabilities for EV parts, and research and development initiatives.Founded in 2021 by Sumeet Gupta, Pragya Goyal, Kamalchand Bothra, Ashkaran Bothra and Namrata Gupta, Vegh is a two-wheeler e-scooter brand. Its manufacturing facility located in Bathinda, Punjab, has an annual production capacity of 60,000 units and serves as its research and development hub as well. "In the first phase of its expansion strategy, we aim to penetrate to 12 states with an improved sales and service network, said Goyal, co-founder and chief executive officer, Vegh.It specialises in executing projects within the new energy and power, infrastructure, EV sectors and automotive industries with a focus on heavy fabrication, sheet metal and others.Our customers consider us as an extended supply chain partner from new product development to mass production.