About LabourNet
LabourNet is a Technology company based in Bengaluru (India) founded in 2006 by Rajesh Anchiparambil Raveendran and Gayathri Vasudevan. Provider of skilling opportunities and business performance services. LabourNet has raised $19.68 million across 9 funding rounds from investors including Acumen, Michael & Susan Dell Foundation and Acumen Group. LabourNet was last valued at $34.54 million in June 2020. Its chief executive, as recorded, is Rajesh Anchiparambil Raveendran. Its website labournet.in draws about 19 thousand monthly visits. LabourNet offers products and services including WORK CLOUD and SKILL CLOUD. Its focus areas include Enterprise Applications, HRTech, Contract Workforce Recruitment and On Demand Staffing Platform. Its competitors include Awign, smartstaff and Vahan; 3 of its 3 listed competitors have raised funding.
Company details
LabourNet was founded in 2006 in Bengaluru, India, within the human resources and skilling sector. Services are offered to businesses, nano-contractors, and workers, including contract and temporary staffing, payroll support, compliance management, and apprenticeship programs. Access is provided to skill-matching employment, regular salary payments, health insurance, family welfare schemes, continuous upskilling, and financial enablement across operations in India.
- Headquarters Bengaluru, India
- Founders Rajesh Anchiparambil Raveendran, Gayathri Vasudevan
- Stage Minicorn
- SectorsTechnology
- Email••••••••
- Phone•••• ••••
- Website labournet.in
- Social LinkedIn X Facebook YouTube
- Total Equity Funding$19.68M (USD)
in 9 rounds
- Latest Funding Round$956.71K (USD), Series A
Jun 2020
- InvestorsAcumen
& 19 more
Associated legal entities of LabourNet
LabourNet is associated with 3 registered companies on The Company Check. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Labournet Managed Services Private Limited CIN U74120KA2012PTC065270 | Active | 10 Aug 2012 | Bangalore, Karnataka | ₹0.0 Cr | 150 | 2 | View details |
| Labournet Saphhire Training And Staffing Private Limited CIN U80902KA2018PTC112763 | Active | 02 May 2018 | Bangalore, Karnataka | 2 | View details | ||
| Labournet Services India Private Limited CIN U74140KA2008PTC046425 | Active | 14 May 2008 | Bangalore, Karnataka | ₹209 Cr | 2,762 | 5 | View details |
Products & Services of LabourNet
LabourNet offers a comprehensive portfolio of products and services, including WORK CLOUD and SKILL CLOUD.
Platform for work completion and gig-talent hiring services
Service for skilling, assessments, and vocational education programs
Apps and channels of LabourNet
its YouTube channel LabourNet India has 2.1K subscribers and 30 videos.
Videos from LabourNet
The most watched videos on LabourNet's YouTube channel, LabourNet India (2.1K subscribers). Click a video to play it here.
More on LabourNet India.
Funding Insights of LabourNet
LabourNet has successfully raised a total of $19.68M across 9 strategic funding rounds. The most recent funding activity was a Series A round of $956.71 thousand completed in June 2020. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $19.68M
- Total Rounds 9
- Last Round Series A — $956,714
- First Round $71,645
(Aug 2009)
- Investors Count 20
All 9 funding rounds of LabourNet with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2020 | $956,714 | Series A | $34.54M | Michael & Susan Dell Foundation, Michael & Susan Dell Foundation | – |
| Jan 2020 | $2.76M | Series A | $21.79M | C4D Partners | – |
| May 2017 | $308,600 | Series A | $••••• | Michael & Susan Dell Foundation, Michael & Susan Dell Foundation | – |
| Sep 2016 | $2.4M | Series A | $••••• | Acumen Group, Michael & Susan Dell Foundation | – |
| Feb 2016 | $590,724 | Series A | $••••• | Acumen Group, Michael & Susan Dell Foundation | |
| Dec 2013 | $8.04M | Series A | – | Michael & Susan Dell Foundation | |
| Apr 2013 | $58,306 | Angel Round | $••••• | Reena Mithal, Build India Trust | – |
| May 2012 | $4.49M | Angel Round | $••••• | Reena Mithal | |
| Aug 2009 | $71,645 | Angel Round | $••••• | Kentaro Toyama |
| Date | Valuation | Stage |
|---|---|---|
| Jun 2020 | $34.54M | •••••••• |
| Jan 2020 | $21.79M | •••••••• |
| May 2017 | $••••• | •••••••• |
| Sep 2016 | $••••• | •••••••• |
| Feb 2016 | $••••• | •••••••• |
| Dec 2013 | $••••• | •••••••• |
| Apr 2013 | $••••• | •••••••• |
| May 2012 | $••••• | •••••••• |
Full valuation and stage history of LabourNet
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
- All valuation points
- Stage changes
- Dates
- Exports
Verified entity values are shown only after access is granted.
Last known valuation $34.54M (Jun 2020). 20 investors in total: 7 institutional and 13 angel.
Investors in LabourNet
LabourNet has secured backing from 20 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Acumen, Michael & Susan Dell Foundation and Acumen Group.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Impact investing in SMEs with focuses on climate action, livelihood, and gender equity. | 2013 | c4dpartners.com | Amsterdam, Netherlands | |
Venture capital fund focused on multiple sectors | 2001 | acumen.org | New York, United States | |
A foundation focused on transforming lives through education and health. | 1999 | dell.org | Austin, United States | |
Education and poverty initiatives are funded by the foundation. | msdf.org | Austin, United States | ||
Online platform offering technical analysis solutions | 2008 | acumengroup.in | Kochi, India | |
Healthcare support is provided by the MayaHealth foundation. | 1991 | mayahealth.net | Australia | |
SR Sumit Roy | Angel investor and entrepreneur, co-founder of Univariety, focused on edtech | unknown_71510a369f1e46cc9 | ||
RS Reema Sen | unknown_dfc3453fef294ef3a | |||
NK Narendra Kumar Varma | unknown_52693046cf224ac48 |
Investor details for LabourNet
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
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Board of directors of LabourNet
The boards of the 3 registered companies of LabourNet currently have 4 directors; the longest-serving is Gayathri Srinath Vasudevan, appointed in 2012. 19 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Gayathri Srinath Vasudevan DIN 02454994 | Director | 10 Aug 2012 | 14 yrs 3 mo | Labournet Managed Services Private Limited, Labournet Services India Private Limited, Labournet Saphhire Training And Staffing Private Limited |
| Rajesh Anchiparambil Raveendran DIN 05303560 | Director | 10 Aug 2012 | 14 yrs 3 mo | Labournet Managed Services Private Limited, Labournet Services India Private Limited, Labournet Saphhire Training And Staffing Private Limited |
| Menon Hari DIN 03404629 | Director | 11 Feb 2014 | 12 yrs 8 mo | Labournet Services India Private Limited |
| Mahesh Yagnaraman DIN 00132976 | Director | 09 Jul 2018 | 8 yrs 4 mo | Labournet Services India Private Limited |
People of LabourNet
70 people are tracked at LabourNet (18 in leadership, 52 in team).
| Name | Role | Group |
|---|---|---|
| Co-Founder & CEO | Leadership | |
| Co-Founder | Leadership | |
Sajan Ingale | Center Head | Leadership |
Kirti Vardhana | Head - Consulting & Products | Leadership |
Gajendra Afune | Center Head | Leadership |
Neena Jaju | Head, Content Development | Leadership |
Rajesh AR | CEO | Leadership |
Lakshmi Sulegai | Assistant General Manager | Leadership |
Gayathri Shanker | Head, People & Culture | Leadership |
Raju Velayudhan | Chief Architect, Platforms | Leadership |
Dinesh Rai | Head Human Resource | Leadership |
Nilanjana Mukherjee | Vice President - Corporate CSR | Leadership |
Mathangi Sampath | Vice President - Sales & Alliances | Leadership |
Alok Kumar Piri | Chief Operating Officer - East | Leadership |
JAYAKUMAR JAY | General Manager | Leadership |
Swapna K S | Assistant General Manager | Leadership |
Chandrashekhar Kulkarni | Center Head | Leadership |
Ram Mudakavi | VP Sales Upskilling | Leadership |
Mayuri Manikandan | Sourcing Associate | Team |
Shaziya Tasneem | HR Executive | Team |
50 more people are available in the full profile.
Complete people profiles for LabourNet
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
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- Board tenure
- Professional contacts
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Financials of LabourNet
Figures of Labournet Managed Services Private Limited, the primary company behind LabourNet, for FY 2024. Revenue was ₹2,000 (-100% year on year). Net loss was -₹8.4 Lakh (-42034% margin). EBITDA was -₹7.2 Lakh (-35737% margin). Revenue has grown at a compounded annual rate of -98% over three years and -90% over five years.
- ₹2,000Revenue · FY 2024 · -100% YoY
- -₹8.4 LakhNet loss · -42034% margin
- -₹7.2 LakhEBITDA · -35737% margin
- ₹1 LakhPaid-up capital
- 150Employees (provident fund records)
- -98%Revenue CAGR, 3 years
- -90%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Labournet Managed Services Private Limited are on its company page.
Detailed financial statements for LabourNet
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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- Downloads
Verified entity values are shown only after access is granted.
Timeline of LabourNet
4 dated milestones of LabourNet across 14 years, from founding to its latest funding, stage changes and deals.
- Founded LabourNet is founded.
- Funding First funding round of $72K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Series A, of $957K.
Competitors of LabourNet
LabourNet has 3 listed competitors in our database, 3 of them funded. They include Awign, smartstaff and Vahan.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| awign.com | 2016 | Bengaluru, India | $28.85M | 227 | On-demand internships are offered via a cloud-based platform across industries. | |
| smartstaff.co.in | 2020 | Bengaluru, India | $12.59M | 438 | Provider of workforce management platform for blue collar employee lifecycle management | |
| vahan.co | 2016 | Bengaluru, India | $23.65M | 137 | AI-powered recruitment and staffing for blue-collar workers are provided. |
Detailed competitors of LabourNet
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Web traffic of LabourNet
The website of LabourNet (labournet.in) receives about 19.3K visits a month.
- Monthly visits19.3K
▼ 8% vs previous month
Websites whose visitors overlap most with LabourNet. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
in.linkedin.com | in.linkedin.com | 100% | – | ||
| rooman.net | 72% | #2,825,960 | View details | ||
| empowerpragati.in | 72% | 1.4K | #10,443,978 | View details | |
jobsearch.naukri.com | jobsearch.naukri.com | 57% | #562,945 | – | |
labornet.org | labornet.org | 30% | – | ||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 7 similar websites and full traffic analytics for LabourNet
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- 7 similar websites
- Audience overlap
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Related news about Labournet
Complete news archive for LabourNet
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Frequently Asked Questions about LabourNet
LabourNet was founded in 2006 and raised its 1st funding round 3 years after it was founded.
LabourNet is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Rajesh Anchiparambil Raveendran is the CEO of LabourNet, as recorded in our data. They have also founded this company.
LabourNet is a funded company, having raised a total of $19.68M across 9 funding rounds to date. The company's 1st funding round was a Angel Round of $71.65K, raised on Aug 2009.
LabourNet was founded in 2006 in Bengaluru, India, within the human resources and skilling sector. Services are offered to businesses, nano-contractors, and workers, including contract and temporary staffing, payroll support, compliance management, and apprenticeship programs. Access is provided to skill-matching employment, regular salary payments, health insurance, family welfare schemes, continuous upskilling, and financial enablement across operations in India.
LabourNet's top competitors include Awign, Vahan and smartstaff.
LabourNet offers WORK CLOUD and SKILL CLOUD.
LabourNet has 20 investors. Key investors include Acumen, Michael & Susan Dell Foundation, Acumen Group, C4D Partners, and MayaHealth.
The valuation of LabourNet is $34.54M as of Jun 2020.
LabourNet is associated with 3 legal entities: Labournet Managed Services Private Limited, Labournet Services India Private Limited, Labournet Saphhire Training And Staffing Private Limited.
The legal entities of LabourNet currently have 5 directors, including Gayathri Srinath Vasudevan, Rajesh Anchiparambil Raveendran, Menon Hari and others.