MoneyWorks4Me

TeamLease Services planning to invest Rs 100 crore over next 2-3 years

24 May 2022 Evaluate

TeamLease Services is planning to invest over Rs 100 crore over the next 2-3 years to augment its business, expand its product portfolio and extensive technology adoption. By 2030, the company is aiming to scale its business by maintaining 20-25 per cent CAGR on revenue and the current investment is towards that goal. It is also aiming to become India's largest private employer and world's largest staffing service provider by headcount.

The company's endeavours with NETAP, TeamLease EdTech and TeamLease Skills University was a step towards empowering the youth of the country and over the last five years, through its compliance-focused products under the TeamLease RegTech house, it is also contributing towards augmenting the ease of doing business in India.

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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