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Investment Summary

TeamLease Invests In Freshersworld.com

On May 29, 2017, TeamLease invested in staffing company Freshersworld.com

Investment Highlights
  • This is TeamLease’s 3rd transaction in the Staffing sector.
  • This is TeamLease’s 4th transaction in India.

Investment Summary
Date 2017-05-29
Target Freshersworld.com
Sector Staffing
Investor(s) TeamLease
Deal Type Stake Purchase

Target

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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Investor(S) 1

Investor

TeamLease

Bengaluru, India
Category Company
Founded 2000
Sector Staffing
Employees2,263
Revenue 110.9B INR (2025)
DESCRIPTION

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 4 of 5
Sector: Staffing M&A 3 of 3
Type: Stake Purchase M&A Deals 1 of 1
Country: India M&A 4 of 5
Year: 2017 M&A 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-01-16 Keystone Business Solutions Pvt.

Bangalore,, India

Keystone Business Solutions Pvt. Ltd. is a pure play IT services organization specializing in delivering solutions in Mobility, Analytics, Integration and Testing. 'Engineering Predictability' is our Core competence. Company deliver whats important to you, the right blend of cost, quality, schedule & innovation, consistently over time.

Buy Rs82M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-10-16 Evolve Technologies & Services Pvt.

Pune, India

Evolve Technologies & Services Pvt. Ltd. is a provider of businesses with recruitment consulting, human resource outsourcing and staffing services. Evolve also designs and manufactures intra-oral detectors, baggage and industrial scanners. Evolve Technologies & Services Pvt. Ltd. was established in 2006 and is based in Pune, India.

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