Group Companies Old

Cassius Technologies & Services Private Limited (“Freshersworld”) was an Associate Company w.e.f. June 01, 2017 with an investment of 30% stake in Freshersworld. Your Company further acquired additional 21% stake and pursuant to such an investment, Freshersworld becomes subsidiary Company w.e.f. August 01, 2018. The Bangalore headquartered Freshersworld (www.freshersworld.com) is the leading 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 fresher hiring segment with an organic traffic of over 90% and is ranked among the Top 5 hiring portals in India in terms of traffic (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.

IIJT Education Private Limited (IIJT) is a wholly owned subsidiary of the Company. Academic programs in traditional colleges, while delivering theoretical knowledge, do not provide a strong foundation in practical skills or adequate exposure to real scenarios in the working world. IIJT was established to fill this void in our schooling system. Its multi-disciplinary courses have robust practical elements that develop critical skills necessary for workplace success.

From one centre in 2006, IIJT has expanded to more than 120 centres located across multiple cities. The centres are defined by IIJT’s firm commitment to quality delivery, sound infrastructure, and vital learning resources. Strong ties with industry are also a big part of the IIJT difference.

In 2010, IIJT signed on to become part of TeamLease, India’s No. 1 staffing company. The result, IIJT, is a rejuvenated entity that will build on the tremendous synergies generated by the deal. Partnering with a placement powerhouse provides access to a vast employment network that IIJT can leverage for its students. For its part, TeamLease can use IIJT's expertise in training to make inroads into filling the employability gap in the labour market. By taking training to people and people to jobs, the affiliation will vastly improve the efficiency of this market.

TeamLease Education Foundation (TLEF) is a Section 8 Company (Originally registered under Section 25 of the Companies Act, 1956) is a wholly owned subsidiary of the Company. TLEF is the sponsor of the TeamLease Skills University (“TLSU”), the country’s first Skills University, established under the provisions of the Gujarat Private Universities Act, 2009. TLSU, a Public-Private Partnership, with the Government of Gujarat, was among the few Universities selected by the United Kingdom Education Research Initiative (UKERI). In terms of the said initiative, the University has received grants that are to be utilized for faculty development. TLEF is a National Employability Enhancement Mission (‘NEEM’) Agent as approved by the All India Council for Technical Education (AICTE). NEEM is an employability initiative of the Ministry of Human Resource Development, Government of India. TLEF has operationalized the NEEM initiative as National Employability through Apprenticeship Programme (NETAP) through TLSU.

TeamLease Digital Private Limited [Formerly known as TeamLease Staffing Services Private Limited] (TDPL) was incorporated under the provisions of Companies Act, 2013 for the purpose of entering into the IT staffing business and wholly-owned subsidiary of the Company. TDPL acquired Evolve Technologies & Services Private Limited (Evolve), IT and telecommunication staffing Company. The Company was acquired as a step-down subsidiary of your Company through TDPL w.e.f. November 01, 2017. ASAP Info Systems Private Limited (“ASAP”) and Nichepro Technologies Private Limited, wholly owned subsidiaries of TDPL have been merged into TDPL vide approval of NCLT Chennai dated November 30, 2017 and NCLT Mumbai dated November 16, 2017. Subsequent to the merger, the name of TeamLease Staffing Services Private Limited was changed to TeamLease Digital Private Limited w.e.f. March 08, 2018.

Schoolguru Eduserve Private Limited is an Associate Company w.e.f. December 01, 2017. Established in 2012, it is India’s premier technology-led specialized academic services organization. The company partners with Indian Universities to help them provide premium online and virtual courses for their students. Schoolguru solicits partnerships only from State / Central universities that are either an Open University (meant to run Distance Education Programs only) or have a significant Distance Education activity. Their managed technology platform provides all the components that a University may need to run their Information and Communication Technology services for their students ranging from the hosting platform, the underlying ERP, admission and fee management, the content, the streaming services, student engagement and communication, student servicing and the expertise to manage the platform. The platform is mobile native and is designed to adopt innovations in machine learning, multi-reality, and analytics to offer personalized and effective learning to millions.

Avantis has deep expertise in Governance, Risk and Compliance Automation and has helped hundreds of organisations migrate from manual and people dependent processes to automated, framework based solutions. It has credibility across large enterprises and SMEs with implementations across 29 states and 7 union territories in India with quick and easy on-boarding and a Mobile App based compliance tracking and management. Avantis’s SAAS (Software as a Service) Platform covers over 1200 Acts and over 55,000 compliances in India. Avantis’s strong compliance assessment and research capabilities leverage cutting-edge technologies such as Artificial Intelligence (AI), Machine Learning (ML) and Optical Character Recognition (OCR).

Keystone Business Solutions Private Limited (Keystone) is engaged in the business of providing information technology staffing solutions and consulting and wholly-owned subsidiary of the Company.

Evolve Technologies & Services Private Limited (Evolve) is wholly-owned subsidiary of Company through TDPL w.e.f. October 31, 2017. Evolve is engaged in the business of staffing (predominantly temporary staffing) to clients in Telecom and IT sector.