About HRnetGroup
HRnetGroup is a company based in Singapore (Singapore) founded in 1992 by Peter Sim.. The company has 793 employees as of December 31, 2024. HRnetGroup has completed 2 acquisitions, including Octomate and REForce. HRnetGroup offers products and services including Recruitment Services and Flexible Staffing. HRnetGroup operates in a competitive market with competitors including PageGroup, Michael Page, Mercu, EazyHire and Reeracoen, among others.
- Headquarter Singapore, Singapore
- Employees 793 as on 31 Dec, 2024
- Founders Peter Sim
- Stage Public
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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 Hrnetgroup Ltd.
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IPO & Listings of HRnetGroup
HRnetGroup is a publicly listed company on the SGX with ticker symbol CHZ in Singapore, operating in the Commercial services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of HRnetGroup
HRnetGroup offers a comprehensive portfolio of products and services, including Recruitment Services and Flexible Staffing. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Professional recruitment for businesses in various sectors
Temporary workforce solutions for organizational needs
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Funding Insights of HRnetGroup
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2017 | Amount | Unspecified - HRnetGroup | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in HRnetGroup
HRnetGroup has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Heliconia. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Investments in growth stage companies are managed via private equity.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by HRnetGroup
HRnetGroup has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Octomate and REForce. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Cloud-based HRMS platform for enterprises
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2019 | ||||
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HR consulting services are provided to organizations in China.
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2015 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - HRnetGroup
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Hrnetgroup Comparisons
Competitors of HRnetGroup
HRnetGroup 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 PageGroup, Michael Page, Mercu, EazyHire and Reeracoen, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Recruitment consultancy services are provided to businesses and professionals.
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| domain | founded_year | HQ Location |
Recruitment services and job searches are facilitated across UK industries.
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| domain | founded_year | HQ Location |
HR processes are automated via a cloud platform for enterprises.
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| domain | founded_year | HQ Location |
Pre-paid fixed fee hiring solution for startups & SMEs
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| domain | founded_year | HQ Location |
Acts as a leading recruitment agency in Singapore, providing executive and professional staffing solutions.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Hrnetgroup
Frequently Asked Questions about HRnetGroup
When was HRnetGroup founded?
HRnetGroup was founded in 1992 and raised its 1st funding round 25 years after it was founded.
Where is HRnetGroup located?
HRnetGroup is headquartered in Singapore, Singapore.
How many employees does HRnetGroup have?
As of Dec 31, 2024, the latest employee count at HRnetGroup is 793.
What is the annual revenue of HRnetGroup?
Annual revenue of HRnetGroup is $415.87M as on Dec 31, 2024.
What does HRnetGroup do?
HRnetGroup was established in 1992 in Singapore, with Peter Sim serving as founder and chairman. Recruitment and staffing services are offered across multiple industries, including professional and executive placements. Operations are centered in the Asia-Pacific region, where talent acquisition and human resource solutions are facilitated for businesses. Focus is placed on matching skilled professionals with organizational needs through tailored staffing approaches.
Who are the top competitors of HRnetGroup?
HRnetGroup's top competitors include PageGroup, Michael Page and Mercu.
What products or services does HRnetGroup offer?
HRnetGroup offers Recruitment Services and Flexible Staffing.
Is HRnetGroup publicly traded?
Yes, HRnetGroup is publicly traded on SGX under the ticker symbol CHZ.
How many acquisitions has HRnetGroup made?
Who are HRnetGroup's investors?
HRnetGroup has 1 investor. Key investors include Heliconia.
What is HRnetGroup's ticker symbol?
The ticker symbol of HRnetGroup is CHZ on SGX.
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