Team Lease Services Ltd
Team Lease Services Ltd Company History
Team Lease Services to its clients a gamut of HR services that include Staffing Services, Temporary Recruitment, Permanent Recruitment, Payroll Process Outsourcing, Regulatory Compliance Services, Vocational Training / Education and Assessments.
2000
The Company was incorporated as India Life Chakravarti Actuarial Services Private Limited
2000
2002
The name of the Company was changed to Team Lease Services Private Limited
2002
2005
Reached turnover of 1,000 million for the year ended Mar 31, 2005
2005
2006
Reached 30,000+ associates on the rolls
2006
2007
Awarded as the top tax payer for the Fiscal 2005-06 on Central Excise Day by Office of the Chief Commissioner of Central Excise, Bengaluru Zone, Ministry of Finance, Department of Revenue, Government of India
2007
2008
The CompanyÂs presence was spread across multiple locations
2009-2010
GCIF, GAPL and GIL made investments of 500 million in the Company
2008
2009
Awarded the ÂSamman Patra for outstanding revenue performance in the Bengaluru Central Excise Zone for the year 2007-08 by the Office of the Chief Commissioner of Central Excise, Bengaluru Zone, Ministry of Finance, Department ofRevenue, Government of India
The London School of Economics published a case study in relation to the Company titled ÂConcept Arbitrage in IndiaÂ
2009
2010
Acquired IIJT
The Harvard Business School published a case study in relation to the Company titled ÂTeamLease Putting India to Work
2010
2011
Co-founded the ÂIndian Staffing Federation to professionalise the Indian staffing industry
GCIF, GAPL, GIL made second round of investments of 250 million and IAF made investments of 750 million in the Company
The Company entered into a memorandum of understanding with the Government of Gujarat to establish a private university
2011
2013
TLSU was established as a university under the Gujarat Private Universities Act
2013
2014
Classes for TeamLease Skills University commenced
2014
2015
Established public private partnership project for apprenticeship (NETAP)
The Company has changed its name from Team Lease Services Pvt.Ltd to Team Lease Services Ltd.
2015
2016
TeamLease Services IPO subscribed 66 times.
2016
2017
TeamLease acquires 40% stake in Schoolguru for Rs 13 cr.
TeamLease to acquire 100% shares in Keystone Business.
TeamLease Goal Of Creating 120 Million Jobs In 24 Sectors Over 2015 -2020.
2017
2018
RBI hikes FPIs investment limit in TeamLease Services to 75%.
TeamLease Report Employees And Employers Prefer Variable Pay And Flexi Benefits Along With Plain Salary Increments.
2018
2019
Teamlease Services Limited has informed the Exchange about Acquisition of 72.7% stake in I.M.S.I. Staffing Private Limited on November 12, 2019.
Teamlease Services Limited has informed the Exchange about acquisition of additional 25% stake in Cassius Technologies Private Limited.
2019
2020
Teamlease Services Limited has informed the Exchange about Acquisition of 16.28% Equity stake in Avantis Regtech Private Limited.
Teamlease Services Limited has informed the Exchange about Acquisition of additional 21.24 % stake in I.M.S.I. Staffing Private Limited
Teamlease Services Limited has informed the Exchange about Acquisition of additional 24% stake in TeamLease E-Hire Private Limited (formerly known as Cassius Technologies Private Limited)
2020
2021
Teamlease Services Limited has informed the Exchange regarding ''Update on Acquisition of 21.34% Equity stake in Avantis Regtech Private Limited.
2021
