TeamLease to acquire a stake in AVANTIS, agreement to create an ‘EASE-Of-DOING-Business’ vertical

TeamLease Services Limited (NSE: TEAMLEASE, BSE: 539658), one of India’s largest staffing
companies, and Avantis Softech LLP (‘Avantis’), India’s leading Compliance and Regulatory
Technology Company, announced the signing of a definitive agreement under which
TeamLease will invest Rs.7 crore in Avantis.

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