When was LabourNet founded?

LabourNet was founded in 2006 and raised its 1st funding round 3 years after it was founded.

Where is LabourNet located?

LabourNet is headquartered in Bengaluru, India. It is registered at 25/1-4, 9th Cross, MarenahalliPalya J.P. Nagar 2nd Phase, Bangalore, Karnataka, India, 560078.

Who is the current CEO of LabourNet?

Rajesh Anchiparambil Raveendran of LabourNet. They have also founded 1 company.

Which legal entities is LabourNet associated with?

LabourNet is associated with LABOURNET SERVICES INDIA PRIVATE LIMITED and 3 others.

How many employees does LabourNet have?

As of Mar 31, 2025, LabourNet has 4419 employees, reflecting a 45% year-over-year growth in headcount.

Is LabourNet a funded company?

LabourNet is a funded company, having raised a total of $19.7M across 9 funding rounds to date. The company's 1st funding round was a $***** Angel round, raised on Aug 26, 2009.

How much is LabourNet worth?

The latest valuation of LabourNet is $***** as of Dec 16, 2020.

When was the latest funding round of LabourNet?

LabourNet's latest funding was a $***** Series A round on Jun 05, 2020, with participation from 1 investor. Its primary sector is HR Services. Globally, the HR Services sector has seen $541M in funding in 2026 to date.

What is the annual revenue of LabourNet?

Annual revenue of LabourNet is between ₹100 Cr and ₹500 Cr as on Mar 31, 2025

Where does LabourNet rank among its competitors?

LabourNet ranks 18th amongst 34598 active competitors, of which 254 are funded. It stands 4th in terms of total funding among its competitors. The most recent competitor to raise funding was CIEL HR, which secured $3.34M in Jan, 2026.

Who are the top competitors of LabourNet?

LabourNet's top competitors include CIEL HR, TriNet and Insperity. Among them, CIEL HR secured the most recent funding round in January, 2026.

LabourNet - 2026 Company Profile, Team, Funding, Competitors & Financials

LabourNet is a series A company based in Bengaluru (India), founded in 2006 by Gayathri Srinath Vasudevan and Rajesh Anchiparambil Raveendran. It operates as a Chains providing vocational training and workforce management for informal sectors. LabourNet has raised $19.7M in funding from investors like Michael & Susan Dell Foundation, Acumen and C4D Partners, with a current valuation of $*****. The company has 34598 active competitors, including 254 funded and 1799 that have exited. Its top competitors include companies like CIEL HR, TriNet and Insperity.

Company Details

Chains providing vocational training and workforce management for informal sectors. These facilities offer skill development programs, certification, and assessment services for various trades. Operations include the deployment of temporary staff, payroll processing, and the implementation of work completion processes for businesses. The organization manages training centers and educational programs to facilitate employment and productivity for workers.

Website: labournet.in
Social
Email ID: *****@labournet.in
Phone Number: +91 **********
Registered Address: 25/1-4, 9th Cross, MarenahalliPalya J.P. Nagar 2nd Phase, Bangalore, Karnataka, India, 560078

Key Metrics

Founded Year

2006

Location

Bengaluru, India

Stage

Series A

Total Funding

$19.7M in 9 rounds

Latest Funding Round

Series A, Jun 05, 2020, $*****

Post Money Valuation

$***** as on Dec 16, 2020

Investors

Michael & Susan Dell Foundation & 32 more

Ranked

18^th among 34598 active competitors

Annual Revenue

₹100 - ₹500 Cr as on Mar 31, 2025

Employee Count

4,419 as on Mar 31, 2025

Similar Companies

giant & 151 more

View LabourNet's full profile

LabourNet is associated with 4 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count
LABOURNET MANAGED SERVICES PRIVATE LIMITED CIN: U74120KA2012PTC065270 , India, Active	Aug 10, 2012	0 - ₹10 Cr (As on Mar 31, 2025)	293 (As on Apr 30, 2022)
LABOURNET SERVICES INDIA PRIVATE LIMITED CIN: U74140KA2008PTC046425 , India, Active	May 14, 2008	₹100 - ₹500 Cr (As on Mar 31, 2025)	343 (As on May 01, 2026)
LABOURNET SAPHHIRE TRAINING AND STAFFING PRIVATE LIMITED CIN: U80902KA2018PTC112763 , India, Active	May 02, 2018	0 - ₹10 Cr (As on Mar 31, 2025)	3552 (As on Sep 30, 2024)
LABOURNET LIVELIHOOD FOUNDATION CIN: U80901KA2019NPL123371 , India, Active	Apr 11, 2019	₹10 - ₹50 Cr (As on Mar 31, 2025)	38 (As on May 31, 2025)

LabourNet has raised a total funding of $19.7M over 9 rounds. Its first funding round was on Aug 26, 2009. Its latest funding round was a Series A round on Jun 05, 2020 for $*****. 1 investor participated in its latest round. LabourNet has 9 institutional investors and 24 angel investors.

Here is the list of recent funding rounds of LabourNet:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jun 05, 2020	2021863	Series A	9015407	2284681	9744674	9849645
Jan 10, 2020	8693197	Series A	4206470	3960404	9435595	6615984
May 24, 2017	5043263	Series A	2326710	6230011	Michael & Susan Dell Foundation	6058934

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View details of LabourNet's funding rounds and investors

The founders of LabourNet are Gayathri Srinath Vasudevan and Rajesh Anchiparambil Raveendran. Rajesh Anchiparambil Raveendran is the CEO of LabourNet.

Here are the details of LabourNet's key team members:

Gayathri Srinath Vasudevan: Co-Founder of LabourNet. They are also an angel investor in 1 startup and serve on the board of 1 company.
Contact Info: 1 email address and 1 phone number
Rajesh Anchiparambil Raveendran: Co-Founder & CEO of LabourNet. They serve on the board of 1 company.
Contact Info: 1 phone number

LabourNet's Board of Directors

LabourNet's board has 4 active members. Gayathri Srinath Vasudevan, Rajesh Anchiparambil Raveendran and Mahesh Yagnaraman are part of team and Menon Hari is independent board member.

Here is the list of LabourNet's board of directors:

Name	Type	Representing	Status	Duration
Gayathri Srinath Vasudevan	Team	-	Current	17y 8m
Rajesh Anchiparambil Raveendran	Team	-	Current	14y 3m
Mahesh Yagnaraman	Investor	Acumen	Current	8y 1m
Menon Hari	Independent board member	-	Current	12y 6m
jtunelq	Independent board member	-	Past	7y 9m
rjxqoze	Independent board member	-	Past	8y 6m

View details of LabourNet's Founder profiles and Board Members

LabourNet's employee count trend

LabourNet has 4,419 employees as of Mar 25. The total employee count is 45.0% more than what it was in Mar 24. Here is LabourNet's employee count trend over the years:

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Top competitors of LabourNet include CIEL HR, TriNet and Insperity. Here is the list of Top 10 competitors of LabourNet, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	CIEL HR 2015, Bengaluru (India), Series A	Company offering a complete suite of tech-driven HR solutions, covering the entire employee lifecycle	$15.9M	Pegasus, Khivraj Motors & 151 others	77/100
2nd	TriNet 1988, Dublin (United States), Public	Provider of HR solutions, payroll processing, and benefits administration services	$60M	Initiative Equity Partners, Atairos & 9 others	74/100
3rd	Insperity 1986, Kingwood (United States), Public	HR outsourcing service provider	-	Symmetric Capital, OnRamp Insurance Conference ... & 1 others	69/100
4th	Gi Group 1998, Milan (Italy), Series A	Provider of end to end HR services	-	Europa, Ventrus Biosciences	67/100
5th	HR Path 2001, Nanterre (France), Series F	Provider of HR, payroll outsourcing & consulting services	$1.06B	Andera Partners, Societe Generale Capital Partenaire ... & 10 others	67/100
6th	iSolved 1986, Charlotte (United States), Acquired	Provider of human capital management software and related services	-	-	67/100
7th	Sequoia 2001, San Mateo (United States), Unfunded	Human resource management services provider	-	-	66/100
8th	Korn Ferry 1969, Los Angeles (United States), Public	Provider of talent acquisition and consulting services	-	H.I.G. Private Equity, FFL Partners & 2 others	64/100
9th	FirstMeridian 2005, Bengaluru (India), Series B	Provider of human resources staffing and facility management services	$32.5M	Seedthree Trading, New Lane Trading & 106 others	63/100
10th	Mynavi 1973, Chiyoda City (Japan), Unfunded	Provider of HR consulting services	-	-	62/100
18th	LabourNet 2006, Bengaluru (India), Series A	Chains providing vocational training and workforce management for informal sectors	$19.7M	Caspian Debt, Michael & Susan Dell Foundation ... & 31 others	58/100

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Funds own 25.44%, Parent Entities (largest shareholder) own 46.32%, Enterprises own 17.31% and Angels own 4.49%.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Fund	25.44%	62.5Cr	7604463	7821344	4870416	2456548
C4D Partners	4558108	5053113	5034237	5117791	4495034	9246743
Parent Entity	46.32%	114Cr	1820551	7418481	9021983	8782209
Enterprise	17.31%	42.5Cr	1307816	7886362	3214026	9859276
Angel	4.49%	11Cr	2576	2004	5857	6647
ESOP Pool	6.45%	15.8Cr	531642	234715	807275	173550
Total	100.00%	246Cr	7792607	3425892	6975749	1089553