MoneyWorks4Me

TeamLease Services increases stake in Avantis Regtech

02 Nov 2021 Evaluate

TeamLease Services has increased its stake in employer compliance SAAS platform Avantis Regtech to 61.5 percent, and also changed the name of the latter to TeamLease Regtech. TeamLease Regtech will offer a SAAS (software-as-a-service)-based web and mobile-based digital platform to over 1,500 entities and 20,000 enterprise users across 45 industries for the stock and flow of Indian employer compliances.

TeamLease Services is one of India’s leading providers of human resource services with a vision of Putting India to Work. The Employment services include staffing solutions, recruitment services and compliance services.

Peers
Company Name CMP
SIS 418.30
Quess Corp 341.10
TeamLease Services 1172.95
Bluspring Enterprise 144.95
BLS Internatl. Serv. 224.25
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