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.

Latest Press Releases

Rising EPFO and NPS subscribers signal surge in formal jobs

“The number of contributing members to PF has been growing at a CAGR of over 20 percent since 2018, whereas the overall workforce has grown...

Read More

Pre-Budget Insights: Industry Leaders Share Their Expectations

“The forthcoming budget must continue to foster an inclusive, stable economic landscape, and most importantly, it must champion the cause of workforce formalisation, a task...

Read More

H1 FY25 Employment Outlook: India Expects 6% Workforce Expansion

The Indian workforce is expected to grow by 6.33% Top New Locations: Coimbatore, Visakhapatnam, Jaipur Bengaluru, July 15, 2024: TeamLease Services' Employment Outlook Report paints...

Read More

Staffing Challenges in Consumer Durables & Electronics: 57% Attrition Sparks Urgency

“Attrition is a persistent obstacle that can substantially impact an organization’s bottom line and growth prospects."

Read More

Companies resort to ‘Office Peacocking’ to retain, lure employees back to office

"The 'Office Peacocking' concept gained significant traction in India post-Covid, as companies sought to entice employees back to the office following the remote work shift...

Read More