About FolkServ
FolkServ is a Business Services company based in Mumbai (India) founded in 2019. It provides expert HR consulting services, specializing in policy design, compliance, and talent management. It operates on a B2B model. Its Indian entity Folkserv Innovations Private Limited reported revenue of ₹12.6 Lakh. Its focus areas include Services, Professional Services, Human Resources and Consulting.
Company details
FolkServ provides expert hr consulting services, specializing in policy design, compliance, and talent management through providing essential services, providing professional services, managing HR solutions, and offering consulting services. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field.
- Headquarters Mumbai, India
- SectorsBusiness Services
- Website folk-serv.com
- Legal Name Folkserv Innovations Private Limited
- Date of Incorporation 24 Apr, 2019
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹12.6 Lakh
FY 2024 · +23% YoY
- Net Profit₹56,024
FY 2024 · 4% margin
- EBITDA₹1 Lakh
FY 2024 · 8% margin
Associated legal entities of FolkServ
FolkServ operates through Folkserv Innovations 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 |
|---|---|---|---|---|---|---|---|
| Folkserv Innovations Private Limited CIN U74999MH2019PTC324466 | Active | 24 Apr 2019 | Mumbai, Maharashtra | ₹0.1 Cr | 2 | View details |
Board of directors of Folkserv Innovations Private Limited (FolkServ)
Folkserv Innovations Private Limited is the primary company behind FolkServ. The board of Folkserv Innovations Private Limited currently have 2 directors; the longest-serving is Sunanda Chatterjee, appointed in 2019.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Sunanda Chatterjee DIN 08431739 | Director | 24 Apr 2019 | 7 yrs 6 mo | Folkserv Innovations Private Limited |
| Amit Kumar Sisir Chatterjee DIN 02720388 | Director | 24 Apr 2019 | 7 yrs 6 mo | Folkserv Innovations Private Limited |
Financials of FolkServ
Figures of Folkserv Innovations Private Limited, the primary company behind FolkServ, for FY 2024. Revenue was ₹12.6 Lakh (+23% year on year). Net profit was ₹56,024 (4% margin). EBITDA was ₹1 Lakh (8% margin). Revenue has grown at a compounded annual rate of +44% over three years.
- ₹12.6 LakhRevenue · FY 2024 · +23% YoY
- ₹56,024Net profit · 4% margin
- ₹1 LakhEBITDA · 8% margin
- ₹1 LakhPaid-up capital
- +44%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Folkserv Innovations Private Limited are on its company page.
Detailed financial statements for FolkServ
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Top companies in Human Resource & Staffing Services
2 companies that operate in the same segment as FolkServ (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 FolkServ
FolkServ was founded in 2019.
FolkServ is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
The primary company behind FolkServ, Folkserv Innovations Private Limited, reported revenue of ₹12.6 Lakh for FY 2024, up 23% year on year.
FolkServ provides expert hr consulting services, specializing in policy design, compliance, and talent management through providing essential services, providing professional services, managing HR solutions, and offering consulting services. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field.
FolkServ operates through Folkserv Innovations Private Limited.
The legal entities of FolkServ currently have 2 directors, including Sunanda Chatterjee, Amit Kumar Sisir Chatterjee.