M&A Deal Summary |
|
|---|---|
| Date | 2017-10-16 |
| Target | Evolve Technologies & Services Pvt. |
| Sector | Diversified |
| Buyer(s) | TeamLease |
| Deal Type | Add-on Acquisition |
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TeamLease is a staffing company and has tied up with employment exchanges across 10 states in India. TeamLease was founded in 2002 and is based in Bengaluru, Karnataka.
| DEAL STATS | # |
|---|---|
| Overall | 5 of 5 |
| Sector: Diversified M&A | 1 of 1 |
| Type: Add-on Acquisition M&A Deals | 4 of 4 |
| Country: India M&A | 5 of 5 |
| Year: 2017 M&A | 3 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-05-29 |
Freshersworld.com
Bangalore, India Freshersworld is the major job site for entry level hiring in India with about 4 million unique visits every month. It has a database of 1 crore+ resumes with over 2 lakh resumes added every month. Freshersworld dominates its competitors in fresh hire segment with an organic traffic of over 90% and is ranked among the Press Release, May 29th, 2017 Top 5 hiring portals in India in terms of traffic (as per Alexa). It has over 60,000 registered employers/ recruiters with 4,000 subscribed customers and conducts 100+ virtual recruitment drives every month. Freshersworld is one of the very few online portals with positive margins and operating cashflows. |
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