What is TeamLease Services Limited's business focus and history?

TeamLease Services Limited is a publicly traded company based in Bengaluru, India, founded in 2000 by Manish Sabharwal and Ashok Reddy. It operates in the Human Resources industry, providing staffing and recruitment solutions to over 3,500 employers. TeamLease has raised funding in the past, including INR 500 million in 2009 and INR 250 million in 2011. The company has 319,030 employees and operates across nine offices in India. Its top competitors include companies like Quess Corp and Randstad India.

TeamLease Services Limited Corporate Details & Core Services

TeamLease Services Limited is one of India's leading human resource companies offering a range of solutions to over 3,500 employers for their hiring, productivity, and scale challenges. The company provides employment services, including temporary staffing solutions, permanent recruitment services, learning and assessment services, and operates India's first Vocational University and the National Apprenticeship program.

TeamLease Services Limited Contact Information & Official Links

Website https://www.teamlease.com/
Social  
Email id corporateaffairs@teamlease.com
Phone number +91 80 6824 3333
Head office address Bengaluru, Karnataka, India
Tags Human Resources Staffing Recruitment Employment Services

What are TeamLease Services Limited's Key Business Metrics & Stats?

No of employees 319030
Founded year 2000
Type public
SAICS CODE 7361
NAICS Code 561320
Industry Human Resources
Location Bengaluru, Karnataka, India
Subsidiary Company teamleasegroup.com, teamlease.com
Stock Name TEAMLEASE (NSE), TEAMLEASE (BSE)
Other website teamleasegroup.com
TeamLease Services Limited TEAMLEASE (NSE), TEAMLEASE (BSE) Firmographic Snapshot 2026 2000 Founded Year 319030 Global Employees India Headquarters HumanResources Industry Public Type Verified by DexterAgent.ai

How much funding has TeamLease Services Limited raised to date?

Name Description
Funding Amount USD 500 Million
Stage Series A
Latest Valuation 0 (USD)
Investors

What are TeamLease Services Limited's Core Products?

Name Description
Temporary Staffing Providing temporary staffing solutions to various industries.
Permanent Recruitment Offering permanent recruitment services for diverse sectors.
Learning and Assessment Services Providing learning and assessment solutions to enhance employability.
Vocational Education Operating India's first Vocational University to provide skill-based education.
Apprenticeship Programs Managing the National Apprenticeship program to provide on-the-job training.

What are the latest developments at TeamLease Services Limited?

Date Type Description
April, 2019 Acquisition TeamLease Services Limited acquired the IT staffing business of eCentric by way of business transfer/slump sale arrangement.
November, 2021 Acquisition TeamLease Services Limited increased its ownership stake in Avantis to 61.5% and rebranded it as TeamLease Regtech.

What industry awards and recognitions has TeamLease Services Limited received?

Date Type Description
, 2009 Recognition Awarded the 'Samman Patra' by the Ministry of Finance, Government of India.
, Case Study A case study titled 'Concept Arbitrage in India' was published by the London School of Economics with the company.
, 2010 Case Study The Harvard Business School published a case study titled 'TeamLease: Putting India to Work' with the company.
, 2023 Certificate Recognized with a 'Certificate of Excellence' by the Employees' Provident Fund Organization (EPFO).
Name Description
Legal Name TeamLease Services Limited
Cin number L74140KA2000PLC118395
GST number
Registration number L74140KA2000PLC118395

Who is in TeamLease Services Limited's executive leadership team?

Name Designation
CEO Ashok Kumar Nedurumalli
Co-Founder Manish Sabharwal
Co-Founder Ashok Reddy

Where are TeamLease Services Limited's primary office locations?

City Country
Bengaluru India
Mumbai India
Pune India
Delhi India
Ahmedabad India
Kolkata India
Hyderabad India
Chennai India
Bhubaneswar India

What are the current business signals and market intelligence for TeamLease Services Limited?

Pain points Talent Acquisition, Workforce Management, Compliance
Sales motion B2B
Buyer Persona HR Managers, Recruitment Heads, Business Owners
Type of customer Large Corporations, Medium Enterprises, Small Businesses
Key customer domain

What is TeamLease Services Limited's annual revenue history?

Year Revenue (USD)
2025 2.9 Billion

What are TeamLease Services Limited's risk management and compliance ratings?

GDPR RIsk No
Privacy Risk No
Company Ratings 3.4
Glassdoor Rating 3.4

What are TeamLease Services Limited's business model and service classifications?

Saas No
Offline Stores No
Service Yes
Ecommerce No
Exporter No
Mobile App Yes
Retail No
B2B Yes
B2C No
Manufacturing No
Wholesale No
Importer No
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