About Vara Solution Support
Vara Solution Support is a Business Services company based in Chennai (India) founded in 2019. It provides comprehensive HR services to support diverse business needs. It operates on a B2B model. The company has 146 employees. Its Indian entity Vara Solution Support Private Limited reported revenue of ₹2.93 Cr. Its focus areas include Services, Human Resources and HR Consulting. Similar companies include Randstad, ADP, Alera Group, UKG and Insperity and 5 more; 6 of its 10 listed similar companies have raised funding.
Company details
Vara Solution Support provides comprehensive hr services to support diverse business needs, focusing on providing essential services, providing business support, managing HR solutions, and offering HR consulting. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets.
- Headquarters Chennai, India
- Employees 146
- SectorsBusiness Services
- Email••••••••
- Website varaindia.com
- Legal Name Vara Solution Support Private Limited
- Date of Incorporation 11 Jun, 2019
- Jurisdiction Chennai, Tamil Nadu, India
- Annual Revenue₹2.93 Cr
FY 2022 · +134% YoY
- Net Profit₹52,490
FY 2022 · 0% margin
- EBITDA₹95,417
FY 2022 · 0% margin
- Employee Count146
Associated legal entities of Vara Solution Support
Vara Solution Support operates through Vara Solution Support Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2022) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Vara Solution Support Private Limited CIN U74910TN2019PTC129841 | Active | 11 Jun 2019 | Chennai, Tamil Nadu | ₹2.9 Cr | 146 | 2 | View details |
Board of directors of Vara Solution Support Private Limited (Vara Solution Support)
Vara Solution Support Private Limited is the primary company behind Vara Solution Support. The board of Vara Solution Support Private Limited currently have 2 directors; the longest-serving is Sunda Rao Yuvaraj, appointed in 2019.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Sunda Rao Yuvaraj DIN 08478248 | Director | 11 Jun 2019 | 7 yrs 4 mo | Vara Solution Support Private Limited |
| Yuvaraj Jayalakshmi DIN 08478249 | Director | 11 Jun 2019 | 7 yrs 4 mo | Vara Solution Support Private Limited |
Financials of Vara Solution Support
Figures of Vara Solution Support Private Limited, the primary company behind Vara Solution Support, for FY 2022. Revenue was ₹2.93 Cr (+134% year on year). Net profit was ₹52,490 (0% margin). EBITDA was ₹95,417 (0% margin).
- ₹2.93 CrRevenue · FY 2022 · +134% YoY
- ₹52,490Net profit · 0% margin
- ₹95,417EBITDA · 0% margin
- ₹1 LakhPaid-up capital
- 146Employees (provident fund records)
Balance sheet, profit and loss, cash flow and ratios of Vara Solution Support Private Limited are on its company page.
Detailed financial statements for Vara Solution Support
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Similar companies to Vara Solution Support
Vara Solution Support has 10 listed similar companies in our database, 6 of them funded. They include Randstad, ADP, Alera Group, UKG and Insperity, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| randstad.com | 1960 | Diemen, Netherlands | – | – | HR consulting, recruitment, and outsourcing services are offered worldwide. | |
| adp.com | 1949 | Roseland, United States | – | 44 | Cloud-based HR management solutions are offered for payroll and compliance. | |
| aleragroup.com | 1995 | Deerfield, United States | $250M | – | HR, insurance, and liability services are provided by Alera Group. | |
| ukg.com | 1977 | Weston, United States | $6.09M | – | Provider of HR and payroll & workforce management solutions | |
| insperity.com | 1986 | Kingwood, United States | – | 4,400 | HR outsourcing services are provided to businesses by Insperity. | |
| cielhr.com | 2015 | Bengaluru, India | $7.59M | 1,034 | HR management, recruitment, and staffing services are provided. | |
| wanted.co.kr | 2015 | Seoul, South Korea | $9M | – | HR management services are provided by Wanted in South Korea. | |
| hr-path.com | 2001 | Nanterre, France | $1.06B | – | HR and payroll outsourcing plus consulting services are provided. | |
| gigroup.com | 1998 | Milan, Italy | – | – | End-to-end HR services are provided globally by Gi Group. | |
| bullhorn.com | 1999 | Boston, United States | $26M | 876 | Cloud-based ATS and CRM systems are offered for staffing agencies. |
Detailed similar companies of Vara Solution Support
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Top companies in Human Resource & Staffing Services
10 companies that operate in the same segment as Vara Solution Support (Human Resource & Staffing Services), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Staffing and recruiting services connect employers with job candidates. | 2000 | Bengaluru, Karnataka, India | USD 28.39 M | USD 1.26 B | 2,470 | |
HR consulting, recruitment, and outsourcing services are offered worldwide. | 1960 | Diemen, Noord-holland, Netherlands | – | USD 27.12 B | – | |
HR management, recruitment, and staffing services are provided. | 2015 | Bengaluru, Karnataka, India | USD 15.95 M | – | – | |
Cloud-based HRMS platform is offered for small and medium businesses. | 1988 | Dublin, United States | USD 60 M | USD 5.01 B | 3,600 | |
HR, insurance, and liability services are provided by Alera Group. | 1995 | Deerfield, United States | USD 250 M | – | – | |
Provider of laboratory tests for physicians | 1969 | Burlington, Vermont, United States | – | USD 13.95 B | 70,000 | |
Provider of software development, data analytics, and other IT suite services | 1993 | Newtown Square, Pennsylvania, United States | USD 50 M | USD 5.46 B | 61,200 | |
Provider of HR and payroll & workforce management solutions | 1977 | Weston, Florida, United States | USD 6.09 M | – | – | |
HR management services are provided by Wanted in South Korea. | 2015 | Seoul, South Korea | USD 9 M | USD 26.43 M | 179 | |
End-to-end HR services are provided globally by Gi Group. | 1998 | Milan, Lombardy, Italy | – | – | – |
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Frequently Asked Questions about Vara Solution Support
Vara Solution Support was founded in 2019.
Vara Solution Support is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
Vara Solution Support has 146 employees.
The primary company behind Vara Solution Support, Vara Solution Support Private Limited, reported revenue of ₹2.93 Cr for FY 2022, up 134% year on year.
Vara Solution Support provides comprehensive hr services to support diverse business needs, focusing on providing essential services, providing business support, managing HR solutions, and offering HR consulting. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets.
Vara Solution Support's top competitors include Randstad, CIEL HR and Alera Group.
Vara Solution Support operates through Vara Solution Support Private Limited.
The legal entities of Vara Solution Support currently have 2 directors, including Sunda Rao Yuvaraj, Yuvaraj Jayalakshmi.