About Buzzworks
Buzzworks is a company based in Chennai (India) founded in 1999 by Prakash R R and V C Karthic. Buzzworks has raised $1.57 million across 3 funding rounds from investors including Ashish Nanda, Ashish Nanda and V C Karthic. The company has 9,237 employees as of April 06, 2024. Buzzworks offers products and services including Contract Staffing, IT Staffing, Flexydial, and HOPPR HRMS. Buzzworks operates in a competitive market with competitors including Randstad, ADP, Insperity, Alera Group and UKG, among others.
- Headquarter Chennai, India
- Employees 9237 as on 06 Apr, 2024
- Founders Prakash R R, V C Karthic
- Stage Minicorn
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Sectors
Business Services
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Email
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Phone
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Website
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Social
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- Legal Name Buzzworks Business Services Private Limited
- Date of Incorporation 30 Mar, 2006
- Jurisdiction Chennai, Tamil Nadu, India
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Annual Revenue
$57.25 M (USD)43.19as on Mar 31, 2022
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Net Profit
$230.44 K (USD)13.64as on Mar 31, 2022
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EBITDA
$473.55 K (USD)27.85as on Mar 31, 2022
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Total Equity Funding
$1.57 M (USD)
in 3 rounds
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Latest Funding Round
$766.16 K (USD), Angel Round
Apr 16, 2018
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Investors
& 3 more
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Employee Count
9237
as on Apr 06, 2024
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Products & Services of Buzzworks
Buzzworks offers a comprehensive portfolio of products and services, including Contract Staffing, IT Staffing, Flexydial, and HOPPR HRMS.
Offers temporary workforce solutions for various industries.
Provides skilled IT professionals for business needs.
Dialer system for recruitment and communication tasks.
HR management platform for payroll and operations.
People of Buzzworks
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Funding Insights of Buzzworks
Buzzworks has successfully raised a total of $1.57M across 3 strategic funding rounds. The most recent funding activity was a Angel Round of $766.16 thousand completed in April 2018. 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.
Investors in Buzzworks
Buzzworks has secured backing from 4 investors, including angel investors. Prominent investors backing the company include Ashish Nanda, Ashish Nanda and V C Karthic.
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Ashish Nanda |
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Ashish Nanda |
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VC
V C Karthic |
Founder of Buzzworks, active angel investor in Indian startups
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Investor details for Buzzworks
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Investments & Acquisitions by Buzzworks
Investment portfolio details for Buzzworks
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Financial Statements - Buzzworks
Detailed financials for Buzzworks
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Buzzworks Comparisons
Peer comparison for Buzzworks
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Competitors of Buzzworks
Buzzworks 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, Insperity, Alera Group and UKG, among others.
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HR consulting, recruitment, and outsourcing services are offered worldwide.
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Cloud-based HR management solutions are offered for payroll and compliance.
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HR outsourcing services are provided to businesses by Insperity.
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HR, insurance, and liability services are provided by Alera Group.
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Provider of HR and payroll & workforce management solutions
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HR management, recruitment, and staffing services are provided.
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Detailed competitors of Buzzworks
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Latest news on Buzzworks
Complete news archive for Buzzworks
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Frequently Asked Questions about Buzzworks
Buzzworks was founded in 1999 and raised its 1st funding round 11 years after it was founded.
Buzzworks is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
V C Karthic is the current CEO of Buzzworks. They have also founded this company.
Buzzworks is a funded company, having raised a total of $1.57M across 3 funding rounds to date.
As of Apr 06, 2024, the latest employee count at Buzzworks is 9,237.
Annual revenue of Buzzworks is $57.25M as on Mar 31, 2022.
Buzzworks was founded in 1999 and is headquartered in Chennai, India. Recruitment services are offered by the company, focusing on talent acquisition across various sectors. Operations are managed by co-founders Prakash R R as Business Head and V C Karthic as CEO. The firm supports hiring needs for businesses in the region through established processes and local expertise.
Buzzworks's top competitors include Randstad, CIEL HR and Alera Group.
Buzzworks offers Contract Staffing, IT Staffing, Flexydial, and HOPPR HRMS.
Buzzworks has 4 investors. Key investors include Ashish Nanda, Ashish Nanda, V C Karthic, and R R Prakash.
The valuation of Buzzworks is $16.36M as of Apr 2018.