About Derive Management Solutions
Derive Management Solutions is a Business Services company based in Bengaluru (India). It provides recruitment services to connect organizations with qualified candidates efficiently. It operates on a B2B model. The company has 2 employees. Its Indian entity Derive Management Solutions Private Limited reported revenue of ₹83.1 Lakh. Its focus areas include Professional Services, Human Resources, Recruitment and Talent Acquisition. Similar companies include TeamLease, Able Jobs and Randstad India; 2 of its 3 listed similar companies have raised funding.
Company details
Derive Management Solutions operates with a B2B model, focusing on providing professional services, managing HR solutions, recruitment, and talent acquisition. Provides recruitment services to connect organizations with qualified candidates efficiently. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.
- Headquarters Bengaluru, India
- Employees 2
- SectorsBusiness Services
- Website derivems.com
- Social Facebook
- Legal Name Derive Management Solutions Private Limited
- Date of Incorporation 26 Jul, 2017
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹83.1 Lakh
FY 2024 · -20% YoY
- Net Profit₹6.1 Lakh
FY 2024 · 7% margin
- EBITDA₹11 Lakh
FY 2024 · 13% margin
- Employee Count2
Associated legal entities of Derive Management Solutions
Derive Management Solutions operates through Derive Management Solutions 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 |
|---|---|---|---|---|---|---|---|
| Derive Management Solutions Private Limited CIN U74999KA2017PTC105058 | Active | 26 Jul 2017 | Bangalore, Karnataka | ₹0.8 Cr | 2 | 3 | View details |
Board of directors of Derive Management Solutions Private Limited (Derive Management Solutions)
Derive Management Solutions Private Limited is the primary company behind Derive Management Solutions. The board of Derive Management Solutions Private Limited currently have 3 directors; the longest-serving is Raghunath Kumar Talurichiranjeevi, appointed in 2017. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Raghunath Kumar Talurichiranjeevi DIN 07479210 | Director | 26 Jul 2017 | 9 yrs 3 mo | Derive Management Solutions Private Limited |
| Manjula Taluri DIN 07892084 | Director | 26 Jul 2017 | 9 yrs 3 mo | Derive Management Solutions Private Limited |
| Taluri Venkataramana DIN 08848765 | Director | 26 Aug 2020 | 6 yrs 2 mo | Derive Management Solutions Private Limited |
Financials of Derive Management Solutions
Figures of Derive Management Solutions Private Limited, the primary company behind Derive Management Solutions, for FY 2024. Revenue was ₹83.1 Lakh (-20% year on year). Net profit was ₹6.1 Lakh (7% margin). EBITDA was ₹11 Lakh (13% margin). Revenue has grown at a compounded annual rate of +49% over three years and +31% over five years.
- ₹83.1 LakhRevenue · FY 2024 · -20% YoY
- ₹6.1 LakhNet profit · 7% margin
- ₹11 LakhEBITDA · 13% margin
- ₹1 LakhPaid-up capital
- 2Employees (provident fund records)
- +49%Revenue CAGR, 3 years
- +31%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Derive Management Solutions Private Limited are on its company page.
Detailed financial statements for Derive Management Solutions
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Similar companies to Derive Management Solutions
Derive Management Solutions has 3 listed similar companies in our database, 2 of them funded. They include TeamLease, Able Jobs and Randstad India.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| teamlease.com | 2000 | Bengaluru, India | $28.39M | 1,112 | Staffing and recruiting services connect employers with job candidates. | |
| ablejobs.co | 2019 | Bengaluru, India | $2.36M | 6 | Online candidate assistance is provided through tools and training platforms. | |
| randstad.in | 2005 | Chennai, India | 65,462 | Recruitment process outsourcing services are provided to clients. |
Detailed similar companies of Derive Management Solutions
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- Full competitor set
- Operating metrics
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Top companies in Human Resource & Staffing Services
2 companies that operate in the same segment as Derive Management Solutions (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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Frequently Asked Questions about Derive Management Solutions
Derive Management Solutions is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Derive Management Solutions has 2 employees.
The primary company behind Derive Management Solutions, Derive Management Solutions Private Limited, reported revenue of ₹83.1 Lakh for FY 2024, down 20% year on year.
Derive Management Solutions operates with a B2B model, focusing on providing professional services, managing HR solutions, recruitment, and talent acquisition. Provides recruitment services to connect organizations with qualified candidates efficiently. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.
Derive Management Solutions's top competitors include TeamLease, Able Jobs and Randstad India.
Derive Management Solutions operates through Derive Management Solutions Private Limited.
The legal entities of Derive Management Solutions currently have 3 directors, including Taluri Venkataramana, Raghunath Kumar Talurichiranjeevi, Manjula Taluri.