About buzzworks
buzzworks is a Business Services company based in Chennai (India) founded in 2001. It delivers comprehensive recruitment services to connect businesses with top talent. It operates on a B2B model. The company has 9,237 employees. Its Indian entity Buzzworks Business Services Private Limited reported revenue of ₹473 Cr. Its focus areas include Services, Human Resources, Recruitment and Talent Solutions. Its competitors include MountBlue Technologies, High Noon Corp and Teamware.
Company details
buzzworks delivers comprehensive recruitment services to connect businesses with top talent, focusing on providing essential services, managing HR solutions, recruitment, and talent solutions. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets. It continues to evolve, meeting industry challenges with strategic approaches.
- Headquarters Chennai, India
- Employees 9,237
- SectorsBusiness Services
- Website bbspl.in
- Legal Name Buzzworks Business Services Private Limited
- Date of Incorporation 30 Mar, 2006
- Jurisdiction Chennai, Tamil Nadu, India
- Annual Revenue₹473 Cr
FY 2024 · -18% YoY
- Net Loss-₹6.24 Cr
FY 2024 · -1% margin
- EBITDA-₹1.17 Cr
FY 2024 · 0% margin
- Employee Count9,237
Associated legal entities of buzzworks
buzzworks operates through Buzzworks Business Services Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Buzzworks Business Services Private Limited CIN U74999TN2006PTC059363 | Active | 30 Mar 2006 | Chennai, Tamil Nadu | ₹473 Cr | 9,237 | 3 | View details |
Board of directors of Buzzworks Business Services Private Limited (buzzworks)
Buzzworks Business Services Private Limited is the primary company behind buzzworks. The board of Buzzworks Business Services Private Limited currently have 3 directors; the longest-serving is Velandai Chandrasekharan Karthic, appointed in 2006. 8 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Velandai Chandrasekharan Karthic DIN 00226288 | Managing Director | 30 Mar 2006 | 20 yrs 7 mo | Buzzworks Business Services Private Limited |
| Ashish Nanda Pannalal DIN 00584588 | Director | 20 Aug 2010 | 16 yrs 2 mo | Buzzworks Business Services Private Limited |
| Sheela Karthic Bharadwaj DIN 01802629 | Director | 28 Sep 2011 | 15 yrs 1 mo | Buzzworks Business Services Private Limited |
Financials of buzzworks
Figures of Buzzworks Business Services Private Limited, the primary company behind buzzworks, for FY 2024. Revenue was ₹473 Cr (-18% year on year). Net loss was -₹6.24 Cr (-1% margin). EBITDA was -₹1.17 Cr (0% margin). Revenue has grown at a compounded annual rate of +13% over three years and +15% over five years.
- ₹473 CrRevenue · FY 2024 · -18% YoY
- -₹6.24 CrNet loss · -1% margin
- -₹1.17 CrEBITDA · 0% margin
- ₹2 LakhPaid-up capital
- 9,237Employees (provident fund records)
- +13%Revenue CAGR, 3 years
- +15%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Buzzworks Business Services Private Limited are on its company page.
Detailed financial statements for buzzworks
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Competitors of buzzworks
buzzworks has 3 listed competitors in our database. They include MountBlue Technologies, High Noon Corp and Teamware.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| mountblue.io | 2017 | Bengaluru, India | 60 | IT recruitment, consulting, and engineering solutions are provided. | ||
| highnooncorp.com | 2005 | Hyderabad, India | 131 | Provides staffing, technology consultancy, and software development services. | ||
| teamwaresolutions.net | 2003 | Chennai, India | 1,404 | Offers staffing, recruitment, payroll, and managed services for businesses worldwide. |
Detailed competitors of buzzworks
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Top companies in Human Resource & Staffing Services
2 companies that operate in the same segment as buzzworks (Human Resource & Staffing Services) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Staffing and recruiting services connect employers with job candidates. | 2000 | Bengaluru, Karnataka, India | USD 28.39 M | USD 1.26 B | 2,470 | |
HR management, recruitment, and staffing services are provided. | 2015 | Bengaluru, Karnataka, India | USD 15.95 M |
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Related news about Buzzworks
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Frequently Asked Questions about buzzworks
buzzworks was founded in 2001.
buzzworks is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
buzzworks has 9,237 employees.
The primary company behind buzzworks, Buzzworks Business Services Private Limited, reported revenue of ₹473 Cr for FY 2024, down 18% year on year.
buzzworks delivers comprehensive recruitment services to connect businesses with top talent, focusing on providing essential services, managing HR solutions, recruitment, and talent solutions. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets. It continues to evolve, meeting industry challenges with strategic approaches.
buzzworks's top competitors include MountBlue Technologies, High Noon Corp and Teamware.
buzzworks operates through Buzzworks Business Services Private Limited.
The legal entities of buzzworks currently have 3 directors, including Velandai Chandrasekharan Karthic, Ashish Nanda Pannalal, Sheela Karthic Bharadwaj.