TeamSpace

Mumbai, India Founded: 2004 • Age: 22 yrs
Offers manpower augmentation, facilities management, and procure to pay services to businesses.

About TeamSpace

TeamSpace is a Business Services company based in Mumbai (India) founded in 2004. It offers manpower augmentation, facilities management, and procure to pay services to businesses. It operates on a B2B model. The company has 8,938 employees. Its website teamspaceindia.com draws about 681 thousand monthly visits. Its Indian entity Teamspace Financial Services Private Limited reported revenue of β‚Ή272 Cr. TeamSpace offers products and services including Manpower Augmentation Services, Facilities Management, and Procure to Pay Services. Its focus areas include Professional Services, Outsourcing, Manpower Augmentation and Compliance Management.

Company details

TeamSpace, founded in 2004, started as a sales support provider and expanded to include pay-out, compliance management, and vendor services. It now delivers manpower augmentation, facilities management, and procure to pay solutions to leading players in the BFSI and other sectors. Operating from Mumbai, India, the company focuses on efficient business support and growth across the country, serving diverse clients with reliable operational expertise.

Key Metrics
  • Annual Revenue
    ₹272 Cr

    FY 2025 · +2% YoY

  • Net Profit
    ₹4.69 Cr

    FY 2025 · 2% margin

  • EBITDA
    ₹6.37 Cr

    FY 2025 · 2% margin

  • Employee Count
    8,938

Products & Services of TeamSpace

TeamSpace offers a comprehensive portfolio of products and services, including Manpower Augmentation Services, Facilities Management, and Procure to Pay Services.

Manpower Augmentation Services
HR Services

Provides augmentation and compliance management for business personnel.

Facilities Management
Operations Management

Handles facility maintenance and operational support for organizations.

Procure to Pay Services
Procurement Services

Manages end-to-end procurement and payment processes for clients.

Board of directors of Teamspace Financial Services Private Limited (TeamSpace)

Teamspace Financial Services Private Limited is the primary company behind TeamSpace. The board of Teamspace Financial Services Private Limited currently have 3 directors; the longest-serving is Prashant Jagdish Ashar, appointed in 2004. 3 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Prashant Jagdish Ashar
DIN 00470863
Whole-time director25 Aug 200422 yrs 1 moTeamspace Financial Services Private Limited
Girdhardas Vithaldas Sampat
DIN 06437101
Director02 Dec 201213 yrs 10 moTeamspace Financial Services Private Limited
Vaishali Prashant Ashar
DIN 10063520
Director06 Mar 20233 yrs 7 moTeamspace Financial Services Private Limited

Financials of TeamSpace

Figures of Teamspace Financial Services Private Limited, the primary company behind TeamSpace, for FY 2025. Revenue was ₹272 Cr (+2% year on year). Net profit was ₹4.69 Cr (2% margin). EBITDA was ₹6.37 Cr (2% margin). Revenue has grown at a compounded annual rate of +10% over three years and +13% over five years.

  • ₹272 CrRevenue · FY 2025 · +2% YoY
  • ₹4.69 CrNet profit · 2% margin
  • ₹6.37 CrEBITDA · 2% margin
  • ₹1.17 CrPaid-up capital
  • 8,938Employees (provident fund records)
  • +10%Revenue CAGR, 3 years
  • +13%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Teamspace Financial Services Private Limited are on its company page.

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Detailed financial statements for TeamSpace

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  • Statement rows
  • Financial ratios
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Web traffic of TeamSpace

The website of TeamSpace (teamspaceindia.com) receives about 680.7K visits a month.

  • Monthly visits
    680.7K

    ▼ 6.7% vs previous month

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All 40 similar websites and full traffic analytics for TeamSpace

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  • 40 similar websites
  • Audience overlap
  • Engagement analytics
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Verified entity values are shown only after access is granted.

Top companies in Human Resource & Staffing Services

2 companies that operate in the same segment as TeamSpace (Human Resource & Staffing Services) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Staffing and recruiting services connect employers with job candidates.
2000Bengaluru, Karnataka, IndiaUSD 28.39 MUSD 1.26 B2,470
HR management, recruitment, and staffing services are provided.
2015Bengaluru, Karnataka, IndiaUSD 15.95 M
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Frequently Asked Questions about TeamSpace

TeamSpace was founded in 2004.

TeamSpace is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

TeamSpace has 8,938 employees.

The primary company behind TeamSpace, Teamspace Financial Services Private Limited, reported revenue of β‚Ή272 Cr for FY 2025, up 2% year on year.

TeamSpace, founded in 2004, started as a sales support provider and expanded to include pay-out, compliance management, and vendor services. It now delivers manpower augmentation, facilities management, and procure to pay solutions to leading players in the BFSI and other sectors. Operating from Mumbai, India, the company focuses on efficient business support and growth across the country, serving diverse clients with reliable operational expertise.

TeamSpace offers Manpower Augmentation Services, Facilities Management, and Procure to Pay Services.

TeamSpace operates through Teamspace Financial Services Private Limited.

The legal entities of TeamSpace currently have 3 directors, including Vaishali Prashant Ashar, Prashant Jagdish Ashar, Girdhardas Vithaldas Sampat.

The website of TeamSpace receives about 681 thousand visits a month.

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