When was TeamLease founded?

TeamLease was founded in 2000 and raised its 1st funding round 2 years after it was founded.

Where is TeamLease located?

TeamLease is headquartered in Bengaluru, India.

How many employees does TeamLease have?

As of Mar 31, 2026, TeamLease has 222 employees, reflecting a 43% year-over-year decline in headcount.

Is TeamLease a funded company?

TeamLease is a funded company, having raised a total of $28.4M across 3 funding rounds to date. The company's 1st funding round was a ₹***** Seed round, raised on Apr 2002.

When was the latest funding round of TeamLease?

TeamLease's latest funding was a $***** Series B round on Apr 05, 2011, with participation from 2 investors. Its primary sector is HR Services. In India, the HR Services sector has seen $14.1M in funding in 2026 to date.

What is the annual revenue of TeamLease?

Annual revenue of TeamLease is ₹9,370Cr as on Mar 31, 2024.

Where does TeamLease rank among its competitors?

TeamLease ranks 4th amongst 28416 active competitors, of which 246 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was Randstad, which secured $30.8K in Apr, 2024.

Who are the top competitors of TeamLease?

TeamLease's top competitors include Randstad, Quess and Adecco. Among them, Randstad secured the most recent funding round in April, 2024.

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

TeamLease is a public company based in Bengaluru (India), founded in 2000 by Ashok Reddy, Rituparna Chakraborty and Neeti Sharma. It operates as a Provider of recruitment services for entry-level and blue-collar job seekers. TeamLease has raised $28.4M in funding from Gaja Capital and ICICI Venture. The company has 28416 active competitors, including 246 funded and 1429 that have exited. Its top competitors include companies like Randstad, Quess and Adecco.

Company Details

Provider of recruitment services for entry-level and blue-collar job seekers. This platform connects job seekers with employers across various industrial sectors. It facilitates the matching of candidates with employment opportunities by allowing users to search and apply for roles based on skills and job categories. The service aims to bridge the gap between the manual workforce and companies hiring for vocational and entry-level positions. It provides a digital interface for candidates to manage their profiles and access job listings.

Website: www.teamlease.com/
Social
Email ID: *****@teamlease.com
Phone Number: +91 **********

Key Metrics

Founded Year

2000

Location

Bengaluru, India

Stage

Public

Total Funding

$28.4M in 3 rounds

Latest Funding Round

Series B, Apr 05, 2011, $*****

Investors

Gaja Capital & 1 more

Ranked

4^th among 28416 active competitors

Annual Revenue

₹9,370Cr as on Mar 31, 2024

Employee Count

222 as on Mar 31, 2026

Investment & Acquisitions

Crystal HR & 15 more

Similar Companies

Randstad & 32813 more

Exit Details

Public

View TeamLease's full profile

TeamLease is associated with 4 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count
TEAMLEASE SERVICES LIMITED CIN: L74140KA2000PLC118395 , United Kingdom, Active	Feb 01, 2000	$1.13B (As on Mar 31, 2024)	268452 (As on May 31, 2025)
I.M.S.I STAFFING PRIVATE LIMITED CIN: U74999MH2018PTC385319 , India, Amalgamated	Jul 24, 2018	$8.07M (As on Mar 31, 2023)	286 (As on Mar 31, 2024)
CRUNCHMEN HUMAN CAPITAL SERVICES PRIVATE LIMITED CIN: U78100DL2023PTC411306 , India, Active	Mar 20, 2023	$66.9K (As on Mar 31, 2025)	3 (As on Feb 29, 2024)
TEAMLEASE FOUNDATION CIN: U80903KA2011NPL130127 , India, Active	Jun 27, 2011	$24.6M (As on Mar 31, 2025)	222 (As on Mar 31, 2026)

TeamLease got listed on Feb 12, 2016.

Click here to take a look at TeamLease's IPO in detail

TeamLease has raised a total funding of $28.4M over 3 rounds. Its first funding round was on Apr 2002. Its latest funding round was a Series B round on Apr 05, 2011 for $*****. 2 investors participated in its latest round. TeamLease has 2 institutional investors.

Here is the list of recent funding rounds of TeamLease:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Apr 05, 2011	2660137	Series B	5523041	5139631	9879933	6976285
2009	9680	Series A	6383	9583	3516	3307
Apr 2002	7889079	Seed	2660981	6368804	5556011	4310400

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View details of TeamLease's funding rounds and investors

The founders of TeamLease are Ashok Reddy, Rituparna Chakraborty and Neeti Sharma. Suparna Mitra is the CEO of TeamLease.

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

Ashok Reddy: Co-Founder & Managing Director of TeamLease. They serve on the board of 1 company.
Contact Info: 1 email address
Rituparna Chakraborty: Former Co-Founder of TeamLease. They serve on the boards of 3 companies.
Neeti Sharma: Co-Founder of TeamLease and founder of 1 other company.
Contact Info: 1 email address and 1 phone number

TeamLease's Board of Directors

TeamLease's board has 8 active members. Suparna Mitra is part of team and Narayan Ramachandran, Subramaniam Somasundaram, Mekin Maheshwari, Manish Mahendra Sabharwal, Ashok Kumar Nedurumalli, Rajnarayan Ramakrishnan and Meenakshi Nevatia are independent board members.

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

Name	Type	Representing	Status	Duration
{n{{nwp	Team	-	Current	3y 6m
Narayan Ramachandran	Independent board member	-	Current	10y 9m
ueejijw	Independent board member	-	Current	2y 7m
jcqssnq	Independent board member	-	Current	8y 8m
ihhgofy	Independent board member	-	Current	1y 1m
vttrqsq	Independent board member	-	Current	2y 7m
khrpdts	Independent board member	-	Current	2y 7m
sjhzhpp	Independent board member	-	Current	3y 5m

View details of TeamLease's Founder profiles and Board Members

TeamLease's employee count trend

TeamLease has 222 employees as of Mar 26. The total employee count is 44.0% lower than what it was in Mar 25. Here is TeamLease's employee count trend over the years:

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Top competitors of TeamLease include Randstad, Quess and Adecco. Here is the list of Top 10 competitors of TeamLease, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Randstad 1960, Diemen (Netherlands), Public	Provider of staffing, recruitment, and workforce management solutions across industries	-	Charlesbank Capital Partners, Corda Campus ... & 1 others	77/100
2nd	Quess 2007, Bengaluru (India), Public	Provider of outsourcing and business services	-	Fairbridge Capital, Amazon & 2 others	74/100
3rd	Adecco 1971, Zurich (Switzerland), Funding Raised	Provider of HR management services	-	Europa	70/100
4th	TeamLease 2000, Bengaluru (India), Public	Provider of recruitment services for entry-level and blue-collar job seekers	$28.4M	ICICI Venture, Gaja Capital	70/100
5th	Cielo 2005, Brookfield (United States), Acquired	Provider of HR consulting services	-	Accel-KKR, Crescent Capital BDC & 1 others	67/100
6th	Robert Half 1948, Menlo Park (United States), Public	Staffing and recruitment agency	-	Corda Campus, Combine Capital	65/100
7th	Kelly Services 1946, Troy (United States), Acquired	Provider of outsourced HR services	-	-	65/100
8th	Insight Global 2001, Atlanta (United States), Acquired	Staffing and managed services provider	$6.08M	H.I.G. Capital, Ares Management & 3 others	60/100
9th	Xpheno 2017, Bengaluru (India), Seed	Provider of recruitment and technology consulting services	$949K	-	60/100
10th	Allegis Group 1983, Hanover (United States), Unfunded	Provider of staffing & recruiting, and workforce management services	-	-	59/100

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Looking for more details on TeamLease's competitors? Click here to see the top ones

TeamLease has made 5 investments in companies including Crystal HR and SchoolGuru. TeamLease has also acquired 11 companies including TSR Darashaw and Avantis.

Here is the list of investments & acquisitions:

Filter this list

Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Dec 20, 2024	Investments	Crystal HR	1993	Chennai (India)
Dec 20, 2024	Acquisition	TSR Darashaw	1960	Mumbai (India)
Apr 03, 2021	Acquisition	Avantis	2013	Pune (India)