About Sourceease
Sourceease is a Technology company based in Delhi (India) founded in 2021. It provides a platform for efficient hiring solutions. It operates on a B2B model. Its Indian entity Sourceease Hr Services Private Limited reported revenue of ₹26.2 Lakh. Its focus areas include Software, Human Resources and Recruitment Platforms. Similar companies include Workday, Kronos, People Strong, Paylocity and Ceridian and 4 more; 9 of its 9 listed similar companies have raised funding.
Company details
Sourceease provides a platform for efficient hiring solutions through leveraging cutting-edge technology, software, managing HR solutions, and operating recruitment platforms. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field. It continues to evolve, meeting industry challenges with strategic approaches.
- Headquarters Delhi, India
- SectorsTechnology
- Website sourceease.in
- Legal Name Sourceease Hr Services Private Limited
- Date of Incorporation 17 Jun, 2022
- Jurisdiction Delhi, India
- Annual Revenue₹26.2 Lakh
FY 2024 · +34869% YoY
- Net Loss-₹74.5 Lakh
FY 2024 · -285% margin
- EBITDA-₹98.6 Lakh
FY 2024 · -377% margin
Associated legal entities of Sourceease
Sourceease operates through Sourceease Hr Services 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 |
|---|---|---|---|---|---|---|---|
| Sourceease Hr Services Private Limited CIN U74999DL2022PTC400184 | Active | 17 Jun 2022 | Delhi, Delhi | ₹0.3 Cr | 12 | 2 | View details |
Board of directors of Sourceease Hr Services Private Limited (Sourceease)
Sourceease Hr Services Private Limited is the primary company behind Sourceease. The board of Sourceease Hr Services Private Limited currently have 2 directors; the longest-serving is Sandesh Jaikrishan, appointed in 2022. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Sandesh Jaikrishan DIN 09631411 | Director | 17 Jun 2022 | 4 yrs 4 mo | Sourceease Hr Services Private Limited |
| Neena Jaikrishan DIN 10788273 | Additional Director | 01 May 2025 | 1 yr 5 mo | Sourceease Hr Services Private Limited |
Financials of Sourceease
Figures of Sourceease Hr Services Private Limited, the primary company behind Sourceease, for FY 2024. Revenue was ₹26.2 Lakh (+34869% year on year). Net loss was -₹74.5 Lakh (-285% margin). EBITDA was -₹98.6 Lakh (-377% margin).
- ₹26.2 LakhRevenue · FY 2024 · +34869% YoY
- -₹74.5 LakhNet loss · -285% margin
- -₹98.6 LakhEBITDA · -377% margin
- ₹10 LakhPaid-up capital
- 12Employees (provident fund records)
Balance sheet, profit and loss, cash flow and ratios of Sourceease Hr Services Private Limited are on its company page.
Detailed financial statements for Sourceease
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Similar companies to Sourceease
Sourceease has 9 listed similar companies in our database, 9 of them funded. They include Workday, Kronos, People Strong, Paylocity and Ceridian, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| workday.com | 2005 | Pleasanton, United States | $352.3M | 11,805 | Cloud-based HR and financial software is delivered to enterprises. | |
| kronos.com | 1977 | Lowell, United States | $855M | 86 | HCM software solutions for enterprise workforce management are provided. | |
| peoplestrong.com | 2005 | Gurugram, India | $30.68M | 998 | Cloud-based human resource management software is offered. | |
| paylocity.com | 1997 | Arlington Heights, United States | $37.28M | 4,150 | Cloud-based payroll and HR solutions are provided for businesses. | |
| ceridian.com | 1992 | Minneapolis, United States | $150M | 1 | Cloud-based human capital management software is provided for enterprises. | |
| darwinbox.com | 2015 | Hyderabad, India | $143.97M | 1,022 | Human capital management platform is provided for HR process automation. | |
| justworks.com | 2012 | New York, United States | $147.52M | 55,459 | Benefits administration and payroll management are provided for businesses. | |
| successfactors.com | 2001 | San Francisco, United States | $79.84M | 18,910 | Cloud-based human capital management software is delivered globally. | |
| greythr.com | 1994 | Bengaluru, India | $46.87M | 767 | Cloud-based HRMS and payroll software solutions are provided. |
Detailed similar companies of Sourceease
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
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Top companies in HR & Workforce Technology
10 companies that operate in the same segment as Sourceease (HR & Workforce Technology), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Anonymous employee reviews and job search platform are operated. | 2007 | San Francisco, California, United States | USD 201.5 M | – | 1,695 | |
Cloud-based LMS platform for IT industry | 2004 | Farmington, Utah, United States | USD 235.41 M | USD 4.95 M | 1,774 | |
Employee health benefits are facilitated via a cloud-based platform. | 2007 | Plymouth Meeting, Pennsylvania, United States | USD 228.3 M | – | – | |
Business spends, payments, and rewards are streamlined by automated workflows. | 2011 | Hyderabad, Telangana, India | USD 13.75 M | USD 149.43 M | 431 | |
Reward-based crowdfunding is facilitated for content creators and musicians. | 2013 | San Francisco, California, United States | USD 412.1 M | – | 1,218 | |
Virtual physical therapy and digital pain care solutions are provided. | 2015 | San Francisco, California, United States | USD 854.44 M | – | 1,746 | |
Cloud-based HR and financial software is delivered to enterprises. | 2005 | Pleasanton, California, United States | USD 352.3 M | USD 9.53 B | 21,000 | |
Businesses are connected with freelancers via an online marketplace. | 1999 | San Francisco, California, United States | USD 140 M | USD 787.78 M | 600 | |
Tech-enabled mental health solutions for employers are provided. | 2016 | New York, New York, United States | USD 473.73 M | – | 3,902 | |
SaaS-driven credit card and spend management solutions platform for businesses | 2017 | Draper, Utah, United States | USD 1.2 B | – | 5,356 |
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Frequently Asked Questions about Sourceease
Sourceease was founded in 2021.
Sourceease is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
The primary company behind Sourceease, Sourceease Hr Services Private Limited, reported revenue of ₹26.2 Lakh for FY 2024, up 34869% year on year.
Sourceease provides a platform for efficient hiring solutions through leveraging cutting-edge technology, software, managing HR solutions, and operating recruitment platforms. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field. It continues to evolve, meeting industry challenges with strategic approaches.
Sourceease's top competitors include Workday, SuccessFactors and GreytHR.
Sourceease operates through Sourceease Hr Services Private Limited.
The legal entities of Sourceease currently have 2 directors, including Sandesh Jaikrishan, Neena Jaikrishan.