TeamLease Services
Financials
Estimates*
INR | 2020 | 2021 | 2022 | 2023 | 2024 |
---|---|---|---|---|---|
Revenues | 52.0b | 48.8b | 64.8b | 78.7b | 93.2b |
% growth | - | (6 %) | 33 % | 21 % | 18 % |
EBITDA | 1.4b | 1.7b | 1.5b | 1.7b | 1.8b |
% EBITDA margin | 3 % | 3 % | 2 % | 2 % | 2 % |
Profit | 350m | 775m | 384m | 1.1b | 1.1b |
% profit margin | 1 % | 2 % | 1 % | 1 % | 1 % |
Date | Investors | Amount | Round |
---|---|---|---|
$22.5m | Late VC | ||
$28.0m | - | ||
N/A | $24.0m | Late VC | |
Total Funding | €67.7m |
Related Content
Recent News about TeamLease Services
EditTeamLease Services Limited, accessible via teamlease.com, is a prominent player in the staffing and human resources industry in India. The company specializes in providing employment solutions, particularly for entry-level and blue-collar job seekers. TeamLease serves a diverse clientele, including businesses looking to hire skilled and semi-skilled workers such as plumbers, fitters, mechanics, electricians, beauticians, drivers, delivery staff, nurses, data entry operators, cooks, chefs, security personnel, and domestic help like maids and nannies.
Operating in the Indian job market, TeamLease addresses the significant gap between job seekers and employers. The company’s business model revolves around connecting job seekers with potential employers, thereby facilitating employment opportunities. They achieve this through a robust online platform that allows job seekers to apply for various positions and employers to post job vacancies.
TeamLease makes money primarily through service fees charged to businesses for their staffing solutions. These fees can be based on the number of employees hired, the duration of employment, or other customized service agreements. Additionally, the company may offer training and development programs, which could also be a revenue stream.
The company’s approach is highly client-centric, focusing on providing timely and efficient staffing solutions. This is evident from the testimonials of satisfied clients and employees who have benefited from their services. TeamLease’s commitment to supporting job seekers and ensuring their personal and professional growth has earned it a reputable position in the market.
In summary, TeamLease Services Limited is a vital link in the employment chain, helping bridge the gap between job seekers and employers in India’s entry-level and blue-collar job market.
Keywords: staffing, employment, job seekers, blue-collar, entry-level, India, recruitment, training, human resources, job placement.