TeamLease Services
TeamLease Services is an Indian human-resources company providing staffing, recruitment, training, apprenticeship, education, and related workforce services.
Last updated August 31, 2026
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Overview
TeamLease Services is an Indian human-resources and workforce-services company headquartered in Bengaluru, Karnataka. Established in 2000, it operates primarily in India and has built a business around connecting employers with workers, developing employability, and providing organizations with outsourced or specialized HR capabilities. Its activities cover flexi-staffing, recruitment, training, apprenticeships, IT and digital staffing, regulatory technology, education technology, and other workforce-related services. The company was founded by Manish Sabharwal and Ashok Reddy under the name India Life Chakravarti Actuarial Services Private Limited. It adopted the TeamLease Services Private Limited name in 2002. During its early expansion, the company developed a large associate workforce and became a significant participant in India's organized staffing sector. Its model addresses the needs of employers seeking scalable labor and compliance support, while also serving workers and young people seeking employment, skills training, apprenticeships, and career pathways. TeamLease broadened its scope through acquisitions and institutional partnerships. In 2010, it acquired IIJT, an IT-focused business with a nationwide training-center network. In 2011, it became a founding member of the Indian Staffing Federation, helping represent the interests of India's flexi-staffing industry. The company also worked with the Government of Gujarat to establish TeamLease Skills University, a private university created under the Gujarat Private Universities Act. Teaching began in 2014. In parallel, TeamLease participated in the National Employability through Apprenticeship Program, commonly known as NETAP, a public-private apprenticeship initiative. The enterprise became a public company in 2015 and subsequently expanded its technology and specialist-staffing portfolio. Acquisitions included ASAP Infosystems and Nichepro Technologies in 2016, followed by Keystone in 2017. It also entered telecom staffing through Evolve Technologies and took a stake in Schoolguru. These moves supported the development of digital, technology, education, and specialized workforce offerings alongside its core staffing activities. TeamLease has described itself as operating through a network of offices in major Indian cities, including Bengaluru, Mumbai, Pune, Delhi, Ahmedabad, Kolkata, Hyderabad, Chennai, and Bhubaneswar. Its group structure has included businesses or initiatives associated with digital staffing, education, skills, HR technology, regulatory technology, and edtech. In 2021, the company increased its holding in Avantis and subsequently rebranded several businesses under the TeamLease naming system, including TL RegTech, TL EdTech, and TL HRTech. The brand's positioning combines workforce scale with employability and labor-market infrastructure. Rather than functioning only as a conventional recruitment agency, TeamLease presents itself as a platform spanning staffing, learning, apprenticeship, compliance, and workforce technology. It has also participated in policy discussions affecting staffing and employment, including a 2015 petition submitted with a large business consortium concerning employees' ability to influence salary-payment methods. TeamLease Services remains an India-focused, publicly traded HR-services group whose principal proposition is to help employers recruit, deploy, train, and manage talent while improving access to formal employment and vocational pathways.
History
TeamLease Services began in 2000 as India Life Chakravarti Actuarial Services Private Limited, founded by Manish Sabharwal and Ashok Reddy. The company changed its name to TeamLease Services Private Limited in 2002 and developed a business serving India's employers and labor market through staffing and related human-resources services. By 2006, TeamLease had grown to more than 30,000 associates. It pursued additional funding and capability expansion during the following years. In 2010, it acquired IIJT, an IT-focused company with a network of training centers across India. The transaction connected TeamLease's staffing activities with technical education and employability services. In 2011, TeamLease became a founding member of the Indian Staffing Federation, an industry body representing India's flexi-staffing sector. A major institutional-development phase followed through TeamLease's partnership with the Government of Gujarat. The collaboration produced TeamLease Skills University, established under the Gujarat Private Universities Act in 2013, with classes beginning in 2014. TeamLease also helped initiate NETAP, a public-private apprenticeship initiative intended to expand structured workplace learning and improve routes into employment. In 2015, the company became TeamLease Services Limited and entered the public markets. Its operating footprint included offices in Bengaluru, Mumbai, Pune, Delhi, Ahmedabad, Kolkata, Hyderabad, Chennai, and Bhubaneswar. The company continued to describe its business as spanning staffing, training, and other HR services. It also participated in a petition with a consortium of more than 500 companies seeking changes that would give employees a say in determining salary-payment methods. TeamLease expanded into specialist and technology staffing through a series of transactions. In 2016, it acquired ASAP Infosystems and Nichepro Technologies, which were subsequently integrated into the company's Digital division. In January 2017, TeamLease Staffing acquired all shares of Keystone. During 2017, the company also entered telecom staffing through the acquisition of Evolve Technologies and acquired a 40 percent interest in Schoolguru. The group continued developing a portfolio of adjacent workforce businesses. In November 2021, it increased its ownership in Avantis to 61.5 percent and renamed the business TeamLease RegTech. Other businesses were rebranded to create a more unified architecture, including Schoolguru as TL EdTech and E-Hire as TL HRTech. The broader group has included staffing, digital staffing, education, skills, HR technology, edtech, and regulatory technology operations. TeamLease has received recognition connected with its tax and employment-related activities, including a Samman Patra from India's Ministry of Finance in 2009 and a Certificate of Excellence from the Employees’ Provident Fund Organization in 2023. Case studies about the company were also published by the London School of Economics and Harvard Business School. Its history reflects the formalization of India's staffing market and the convergence of recruitment, vocational education, apprenticeships, and workforce technology.
- 2021
Avantis stake increase and portfolio rebranding
[1]TeamLease raises its Avantis ownership to 61.5 percent and introduces TeamLease-branded identities across several businesses.
- 2017
Keystone and Evolve Technologies transactions
[1]TeamLease acquires Keystone and enters telecom staffing through Evolve Technologies.
- 2016
Expansion into IT staffing
[1]The company acquires ASAP Infosystems and Nichepro Technologies and integrates them into its Digital division.
- 2015
Public-company transition
[1]TeamLease adopts the name TeamLease Services Limited and becomes a public company.
- 2014
Skills University begins classes
[1]TeamLease Skills University starts academic instruction.
- 2013
TeamLease Skills University established
[1]The university is established through a partnership with the Government of Gujarat.
- 2011
Indian Staffing Federation founding membership
[1]TeamLease becomes a founding member of the Indian Staffing Federation.
- 2010
IIJT acquisition
[1]TeamLease acquires the India-based IT company IIJT and its training-center network.
- 2002
Name changed to TeamLease Services Private Limited
[1]The company adopts the TeamLease name as it develops its staffing and HR-services identity.
- 2000
Company established
[1]Manish Sabharwal and Ashok Reddy establish the business as India Life Chakravarti Actuarial Services Private Limited.
Products and positioning
An India-focused workforce-services and employability platform combining staffing, recruitment, skills development, apprenticeships, education, and HR-related technology.
Staffing and recruitment
TeamLease Staffing
The core staffing business supplies flexible and outsourced workforce solutions to employers. Its role includes recruiting and deploying associates, supporting workforce administration, and helping clients manage employment-related processes across sectors. The service is designed for organizations that need scalable staffing capacity without building every recruitment and workforce-management capability internally.
IT and digital staffing · 2016
TeamLease Digital
TeamLease Digital represents the group's technology-oriented staffing activities. It was strengthened through the acquisitions of ASAP Infosystems and Nichepro Technologies in 2016 and is associated with supplying technology talent and related digital workforce capabilities to employers.
Vocational education · 2013
TeamLease Skills University
TeamLease Skills University was created through a partnership with the Government of Gujarat under the Gujarat Private Universities Act. Established in 2013 and teaching from 2014, it extends TeamLease's workforce proposition into formal higher and vocational education, with an emphasis on connecting learning and employability.
Apprenticeship
NETAP
The National Employability through Apprenticeship Program is a public-private apprenticeship initiative associated with TeamLease. It is intended to give participants structured workplace exposure and a route toward employment while helping employers create apprenticeship-based talent pipelines.
Regulatory technology · 2021
TL RegTech
TL RegTech is the TeamLease identity applied to the Avantis business after TeamLease increased its ownership to a controlling stake in 2021. It represents the group's regulatory and compliance-technology activities, extending the company beyond labor supply into tools and services supporting organizational compliance.
Education technology · 2021
TL EdTech
TL EdTech is the rebranded identity of Schoolguru Eduserve, a business associated with digital education and learning services. Its place in the group reflects TeamLease's effort to connect staffing and skills activities with technology-enabled education delivery.
Human-resources technology · 2021
TL HRTech
TL HRTech is the TeamLease identity associated with the former E-Hire business. It represents the group's HR-technology direction and complements its staffing, recruitment, and workforce-management activities.
Brand decisions
2021
Increase in Avantis ownershipM&ABackground
TeamLease sought greater control of its regulatory-technology activities.
Action taken
The company increased its ownership in Avantis to 61.5 percent and rebranded the business as TeamLease RegTech.
Aftermath
The transaction and related brand changes created a more unified TeamLease portfolio spanning regtech, edtech, and HR technology.
2017
Acquisition of Keystone and entry into telecom staffingM&ABackground
TeamLease continued to diversify its specialist staffing operations.
Action taken
Through TeamLease Staffing, it acquired Keystone and also entered telecom staffing through Evolve Technologies.
Aftermath
The transactions broadened the company's specialist and sector-focused staffing portfolio.
2016
Acquisitions of ASAP Infosystems and Nichepro TechnologiesM&ABackground
TeamLease identified IT staffing and digital talent as areas for expansion.
Action taken
It acquired ASAP Infosystems and Nichepro Technologies and later integrated them into its Digital division.
Aftermath
The acquisitions expanded the group's technology-staffing capabilities.
2013
Creation of TeamLease Skills UniversityStrategyBackground
TeamLease pursued a closer connection between vocational education and employment outcomes.
Action taken
The company partnered with the Government of Gujarat to establish a private university under the Gujarat Private Universities Act.
Aftermath
The university began classes in 2014 and became part of TeamLease's skills and employability ecosystem.
2010
Acquisition of IIJTM&ABackground
TeamLease sought to broaden its workforce and employability activities into IT training and technology-related services.
Action taken
It acquired IIJT, an IT company with a network of training centers across India.
Aftermath
The transaction supported the development of a business spanning staffing, training, and technology skills.
Recent events
TeamLease Services completes sale of IIJT Education[2]
Reported:
TeamLease Services completed the formalities of an agreement to sell its entire shareholding in IIJT Education for Rs 4.70 crore. IIJT Education ceased to be a wholly owned subsidiary of TeamLease Group.
TeamLease announces acquisition of 30% stake in Freshersworld[3]
Reported:
TeamLease Services and Freshersworld announced a definitive agreement under which TeamLease would acquire a 30% stake in Freshersworld. The transaction remained subject to customary closing conditions and regulatory approvals.
TeamLease Services announces Q4 FY20 and FY20 results[4]
Reported:
TeamLease Services announced its results for the fourth quarter and financial year ended March 31, 2020.
Sources4 sources
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