HRnetGroup

Singapore, Singapore Founded: 1992 • Age: 34 yrs
Recruitment and staffing services are provided by HRnetGroup in Singapore.
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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
  • Sectors
    Business Services
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Hrnetgroup Ltd.
Operational Areas
Business Services → Workforce & Human Resource Solutions
Key Metrics
  • Annual Revenue
    $415.87 M (USD)
    -1.98
    as on Dec 31, 2024
  • Net Profit
    $32.65 M (USD)
    -29.96
    as on Dec 31, 2024
  • EBITDA
    $35.93 M (USD)
    -15.97
    as on Dec 31, 2024
  • Latest Funding Round
  • Investors
  • Employee Count
    793

    as on Dec 31, 2024

  • Investments & Acquisitions
    Octomate

    & 1 more

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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.

Exchange: SGX · Ticker: CHZ . Sector: Commercial services · Singapore

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.

Primary

Professional recruitment for businesses in various sectors

Temporary workforce solutions for organizational needs

People of HRnetGroup
Headcount 500-1000
Employee Profiles 16
Board Members and Advisors 4
Employee Profiles
People
Daniel Choong
Business Director And Mergers & Acquisitions
People
Judy Lee
HR Business Partner
People
Elsa Tjan
Talent Acquisition Executive
People
Peter Sim
Executive Director & Founding Chairman

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Board Members and Advisors
people
Heng Su - Ling Mae
Independent Non-Executive Director
people
Albert Ellis
Independent Non-executive Director

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Funding Insights of HRnetGroup

  • Total Funding
  • Total Rounds 1
  • Last 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

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

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.

All
Venture Fund
Investor Description Founded Year Domain Location
Investments in growth stage companies are managed via private equity.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
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.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Cloud-based HRMS platform for enterprises
2019
HR consulting services are provided to organizations in China.
2015
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - HRnetGroup

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Hrnetgroup Comparisons

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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.
domain founded_year HQ Location
Recruitment services and job searches are facilitated across UK industries.
domain founded_year HQ Location
HR processes are automated via a cloud platform for enterprises.
domain founded_year HQ Location
Pre-paid fixed fee hiring solution for startups & SMEs
domain founded_year HQ Location
Acts as a leading recruitment agency in Singapore, providing executive and professional staffing solutions.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

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?

HRnetGroup has made 2 acquisitions, including Octomate, and REForce.

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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