Aparajitha Corporate Services

Madurai, India Founded: 2000 • Age: 26 yrs Acquired By xcelerate pte
End-to-end HR services are provided to various organizations.
Annual revenue $20.3M Latest available
Total funding $29.7M 3 rounds
Employees 1649 Tracked headcount
Investors 5 Known backers
Products 5 Services tracked
Competitors 11 Brand Intelligence

About Aparajitha Corporate Services

Aparajitha Corporate Services is a company based in Madurai (India) founded in 2000 was acquired by xcelerate pte in November 2021. Aparajitha Corporate Services has raised $29.71 million across 3 funding rounds from investors including Xcelerate, Everstone Capital and DASA Consulting. The company has 1,649 employees as of April 07, 2024. Aparajitha Corporate Services has completed 1 acquisition, including Simpliance. Aparajitha Corporate Services offers products and services including Simpliance Classic, Simpliance REMO, Simpliance Vendor, Simpliance Audit, and Payroll Compliance Services. Aparajitha Corporate Services operates in a competitive market with competitors including ADP, Randstad, UKG, CIEL HR and HR Path, among others.

  • Headquarter Madurai, India
  • Employees 1649 as on 07 Apr, 2024
  • Stage Minicorn
  • Sectors
    Business Services
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Aparajitha Corporate Services Pvt Ltd
  • Jurisdiction Madurai, Tamil Nadu, India
Operational Areas
Business Services → Business Process Outsourcing (BPO)
Business Services → Workforce & Human Resource Solutions
Key Metrics
  • Annual Revenue
    $20.32 M (USD)
    -44.2
    as on Mar 31, 2023
  • Net Profit
    $4.13 M (USD)
    2.67
    as on Mar 31, 2023
  • EBITDA
    $7.84 M (USD)
    8.16
    as on Mar 31, 2023
  • Total Equity Funding
    $29.71 M (USD)

    in 3 rounds

  • Latest Funding Round
    $2.41 M (USD), Series C

    Mar 13, 2024

  • Investors
    Xcelerate

    & 4 more

  • Employee Count
    1649

    as on Apr 07, 2024

  • Investments & Acquisitions
  • Acquired by
    xcelerate pte

    (Nov 29, 2021)

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Products & Services of Aparajitha Corporate Services

Aparajitha Corporate Services offers a comprehensive portfolio of products and services, including Simpliance Classic, Simpliance REMO, Simpliance Vendor, Simpliance Audit, and Payroll Compliance Services.

Primary

Software for managing labor and risk compliance needs.

Tool for vendor and establishment compliance tracking.

Platform for vendor relationship and regulatory management.

Application for auditing industrial and payroll compliance.

Services for handling payroll and statutory obligations.

People of Aparajitha Corporate Services

Headcount 1000-5000
Employee Profiles 1
Board Members and Advisors 1
Employee Profiles
People
Nagaraj Krishnan
Managing Director

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Board Members and Advisors
people
Bharath Krishna Sankar
Chairman

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Teams

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Funding Insights of Aparajitha Corporate Services

Aparajitha Corporate Services has successfully raised a total of $29.71M across 3 strategic funding rounds. The most recent funding activity was a Series C round of $2.41 million completed in March 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 3
  • Last Round Series C — $2.4M
  • First Round

    (19 Feb 2014)

  • Investors Count 4
Date Amount Transaction Name Valuation Lead Investors Investors
Mar, 2024 Amount Series C - Aparajitha Corporate Services Valuation Xcelerate
Jan, 2021 Amount Private Equity Round - Aparajitha Corporate Services Valuation Nagaraj Krishnan
Feb, 2014 Amount Private Equity Round - Aparajitha Corporate Services Valuation Everstone Capital

Investors in Aparajitha Corporate Services

Aparajitha Corporate Services has secured backing from 5 investors, including institutional, angel, and venture fund investors. Prominent investors backing the company include Xcelerate, Everstone Capital and DASA Consulting.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Private equity investments in mid-market businesses linked to India and Southeast Asia.
Founded Year Domain Location
ESG, risk, and compliance solutions are delivered to businesses.
Founded Year Domain Location
Auto, heavy equipment, and general insurance services are provided.
Founded Year Domain Location

Investments & Acquisitions by Aparajitha Corporate Services

Aparajitha Corporate Services has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Simpliance.

Investments
Acquisitions
Company Name Description Domain Location Founded Year Amount
SaaS platform for compliance management.
2015

Financial Statements - Aparajitha Corporate Services

Aparajitha Corporate Services Comparisons

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Competitors of Aparajitha Corporate Services

Aparajitha Corporate Services operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as ADP, Randstad, UKG, CIEL HR and HR Path, among others.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Cloud-based HR management solutions are offered for payroll and compliance.
domain founded_year HQ Location
HR consulting, recruitment, and outsourcing services are offered worldwide.
domain founded_year HQ Location
Provider of HR and payroll & workforce management solutions
domain founded_year HQ Location
HR management, recruitment, and staffing services are provided.
domain founded_year HQ Location
HR and payroll outsourcing plus consulting services are provided.
domain founded_year HQ Location
End-to-end HR services are provided globally by Gi Group.

Latest news on Aparajitha Corporate Services

Frequently Asked Questions about Aparajitha Corporate Services

Aparajitha Corporate Services was founded in 2000 and raised its 1st funding round 14 years after it was founded.

Aparajitha Corporate Services is headquartered in Madurai, India. It is registered at Madurai, Tamil Nadu, India.

Aparajitha Corporate Services is a funded company, having raised a total of $29.71M across 3 funding rounds to date. The company's 1st funding round was a Private Equity Round of $16.14M, raised on Feb 19, 2014.

As of Apr 07, 2024, the latest employee count at Aparajitha Corporate Services is 1,649.

Annual revenue of Aparajitha Corporate Services is $20.32M as on Mar 31, 2023.

Aparajitha Corporate Services was founded in 2000 in Madurai, India, focusing on the human resources sector. Comprehensive HR solutions are delivered, encompassing recruitment, payroll management, compliance, and employee training. Operations are centered in Madurai, serving clients across India through integrated service models. The company is led by Managing Director Nagaraj Krishnan, with emphasis placed on efficient HR outsourcing for businesses of different scales.

Aparajitha Corporate Services's top competitors include Randstad, CIEL HR and UKG.

Aparajitha Corporate Services offers Simpliance Classic, Simpliance REMO, Simpliance Vendor, Simpliance Audit, and Payroll Compliance Services.

Aparajitha Corporate Services has made 1 acquisition, including Simpliance.

Aparajitha Corporate Services has 5 investors. Key investors include Xcelerate, Everstone Capital, DASA Consulting, Nagaraj Krishnan, and xcelerate pte.

The valuation of Aparajitha Corporate Services is $117.12M as of Jan 2021.

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