Jun 9, 2017
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Our Gurgaon clients, TeamLease Services Limited is one of India’s largest staffing companies and will be acquiring close to 40% stake in Mumbai-based education technology startup Schoolguru for Rs 13.5 crore (about $2 million), it said in a stock-exchange filing. Schoolguru will continue to operate as a separate entity following the transaction, the filing said.
TeamLease is a leading human resource service company with over 150,000 associates/trainees in 6,000+ locations. The company has 8 offices and 1,900 clients across the country for its services in Staffing, Outsourcing, and Human Capital.TeamLease pursues its mission of ‘Putting India to Work’ by focusing on the 3 E’s of Employment, Employability, and Education.
They’ve already acquired few companies in last one year, which includes “Evolve Technologies”, “ASAP Info Systems” and “NichePro Technologies”.
Check their media coverage regarding the same.
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