Axcel Support

Pune, India Founded: 2015 • Age: 11 yrs
Provides recruitment, accounting, invoice, and management outsourcing solutions for companies.

About Axcel Support

Axcel Support is a company based in Pune (India) founded in 2015. It operates as a B2B. The company has 37 employees. Axcel Support offers products and services including Recruitment Solutions, Accounting Management, Invoice Management, Proposal Support, and Timesheet Management. Axcel Support operates in a competitive market with competitors including Randstad, ADP, Alera Group, UKG and Insperity, among others.

Key Metrics
  • Annual Revenue
    ₹1.38 Cr

    FY 2025 · -73% YoY

  • Net Loss
    -₹94.8 Lakh

    FY 2025 · -69% margin

  • EBITDA
    -₹56.1 Lakh

    FY 2025 · -41% margin

  • Employee Count
    37

Products & Services of Axcel Support

Axcel Support offers a comprehensive portfolio of products and services, including Recruitment Solutions, Accounting Management, Invoice Management, Proposal Support, and Timesheet Management.

Recruitment Solutions
HR Services

End-to-end recruitment for companies via offshore model

Accounting Management
Financial Services

Bookkeeping expertise without employment issues

Invoice Management
Administrative Services

Accurate data processing and account payable systems

Proposal Support
Document Services

Management and editing of proposals in MS Word

Timesheet Management
Operational Services

Efficient tracking and chasing of timesheets

Apps and channels of Axcel Support

its YouTube channel axcel support has 0026 subscribers.

axcel support
YouTube 0026 subscribers Nonprofits & Activism
Open channel

Board of directors of Axcel Support Services Private Limited (Axcel Support)

Axcel Support Services Private Limited is the primary company behind Axcel Support. The board of Axcel Support Services Private Limited currently have 3 directors; the longest-serving is Narendra Kumar Sarda, appointed in 2020. 5 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Narendra Kumar Sarda
DIN 00804512
Director09 Mar 20206 yrs 7 moAxcel Support Services Private Limited
Kedar Rajan Salvi
DIN 10398662
Additional Director20 Aug 20251 yr 1 moAxcel Support Services Private Limited
Paresh Subhashchandra Somani
DIN 09076813
Additional Director20 Aug 20251 yr 1 moAxcel Support Services Private Limited

Financials of Axcel Support

Figures of Axcel Support Services Private Limited, the primary company behind Axcel Support, for FY 2025. Revenue was ₹1.38 Cr (-73% year on year). Net loss was -₹94.8 Lakh (-69% margin). EBITDA was -₹56.1 Lakh (-41% margin). Revenue has grown at a compounded annual rate of -44% over three years and -31% over five years.

  • ₹1.38 CrRevenue · FY 2025 · -73% YoY
  • -₹94.8 LakhNet loss · -69% margin
  • -₹56.1 LakhEBITDA · -41% margin
  • ₹1 LakhPaid-up capital
  • 37Employees (provident fund records)
  • -44%Revenue CAGR, 3 years
  • -31%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Axcel Support Services Private Limited are on its company page.

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Detailed financial statements for Axcel Support

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Competitors of Axcel Support

Axcel Support 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 Randstad, ADP, Alera Group, UKG and Insperity, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
randstad.com1960Diemen, Netherlands––
HR consulting, recruitment, and outsourcing services are offered worldwide.
adp.com1949Roseland, United States–44
Cloud-based HR management solutions are offered for payroll and compliance.
aleragroup.com1995Deerfield, United States$250M–
HR, insurance, and liability services are provided by Alera Group.
ukg.com1977Weston, United States$6.09M–
Provider of HR and payroll & workforce management solutions
insperity.com1986Kingwood, United States–4,400
HR outsourcing services are provided to businesses by Insperity.
cielhr.com2015Bengaluru, India$7.59M1,034
HR management, recruitment, and staffing services are provided.
wanted.co.kr2015Seoul, South Korea$9M–
HR management services are provided by Wanted in South Korea.
hr-path.com2001Nanterre, France$1.06B–
HR and payroll outsourcing plus consulting services are provided.
gigroup.com1998Milan, Italy––
End-to-end HR services are provided globally by Gi Group.
bullhorn.com1999Boston, United States$26M876
Cloud-based ATS and CRM systems are offered for staffing agencies.
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Detailed competitors of Axcel Support

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Similar companies to Axcel Support

10 companies that operate in the same segment as Axcel Support (Business Process Outsourcing (BPO)), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Provider of outsourcing and business services
2007Bengaluru, Karnataka, India–USD 1.63 B441,150
Cloud-based text analytics and cognitive automation services are provided.
1975Mumbai, Maharashtra, IndiaUSD 3 MUSD 211.78 M4,960
Provider of customer care and back office support services for multiple sectors
2008San Antonio, Texas, United StatesUSD 15 MUSD 1.18 B59,000
Provider of end-to-end business process outsourcing services
1997New York, New York, United States–USD 5.08 B140,000
Electricity generation and distribution are provided in eastern India.
1879Kolkata, West Bengal, India–USD 1.98 B5,690
Provider of revenue cycle management, BPO, IT, and finance and accounting services
2011Chennai, Tamil Nadu, IndiaUSD 3.9 MUSD 284.62 M17,503
Provider of data analytics, cloud management, and business process outsourcing services
1986Pune, Maharashtra, India–USD 6.06 B119,340
Business process and technology management services are provided globally.
1986Pittsford, New York, United StatesUSD 60 M––
Provider of business processes, change management, analytics, and data-driven insights services
2000Mumbai, Maharashtra, India–USD 438.8 M16,630
Provider of IT consulting and BPO services
1990Mumbai, Maharashtra, India–USD 1.49 B32,310
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Frequently Asked Questions about Axcel Support

Axcel Support was founded in 2015.

Axcel Support is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.

Axcel Support has 37 employees.

The primary company behind Axcel Support, Axcel Support Services Private Limited, reported revenue of β‚Ή1.38 Cr for FY 2025, down 73% year on year.

Axcelsupport delivers professional outsourcing services, including full lifecycle recruitment for US-based firms via an offshore-onsite model, accounting expertise without employer issues, invoice management for accurate data processing, and timesheet handling to save costs. Based in Pune, India, it focuses on cost-effective support for core business operations, serving clients in professional services sectors.

Axcel Support's top competitors include Randstad, CIEL HR and Alera Group.

Axcel Support offers Recruitment Solutions, Accounting Management, Invoice Management, Proposal Support, and Timesheet Management.

Axcel Support operates through Axcel Support Services Private Limited.

The legal entities of Axcel Support currently have 3 directors, including Narendra Kumar Sarda, Kedar Rajan Salvi, Paresh Subhashchandra Somani.

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