About VOLKSY
VOLKSY is a Business Services company based in Hyderabad (India) founded in 2011. Provider of recruitment services. VOLKSY has raised $367.87 thousand across 2 funding rounds from investors including iLabs Group, SRI Capital and Abhinv Gavva. VOLKSY was last valued at $1.64 million in March 2014. Its Indian entity Volksy Technologies Private Limited reported revenue of ₹3.12 Cr. VOLKSY offers products and services including Startup Development Services. Its focus areas include HR Services and Recruitment Services. Its competitors include TeamLease, Able Jobs and Randstad India; 2 of its 3 listed competitors have raised funding.
Company details
VOLKSY, established in 2011, excels in providing business support, hr services, and recruitment services. Provider of recruitment services. Committed to advancing standards, it focuses on innovation, efficiency, and delivering value to clients worldwide. It continues to evolve, meeting industry challenges with strategic approaches.
- Headquarters Hyderabad, India
- Stage Minicorn
- SectorsBusiness Services
- Website volksy.tech
- Social LinkedIn
- Legal Name Volksy Technologies Private Limited
- Date of Incorporation 12 Jul, 2011
- Jurisdiction Hyderabad, Telangana, India
- Annual Revenue₹3.12 Cr
FY 2023 · +232% YoY
- Net Loss-₹35.5 Lakh
FY 2023 · -11% margin
- EBITDA₹18.2 Lakh
FY 2023 · 6% margin
- Total Equity Funding$367.87K (USD)
in 2 rounds
- Latest Funding Round$294.25K (USD), Seed
Mar 2014
- InvestorsiLabs Group
& 14 more
Associated legal entities of VOLKSY
VOLKSY operates through Volksy Technologies Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Volksy Technologies Private Limited CIN U74910TG2011PTC075484 | Active | 12 Jul 2011 | Hyderabad, Telangana | ₹3.1 Cr | 2 | View details |
Products & Services of VOLKSY
VOLKSY offers a comprehensive portfolio of products and services, including Startup Development Services.
Offers services to create and grow tech startups addressing real problems
Funding Insights of VOLKSY
VOLKSY has successfully raised a total of $367.87K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $294.25 thousand completed in March 2014. 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 $367,873
- Total Rounds 2
- Last Round Seed — $294,253
- First Round $73,620
(Mar 2013)
- Investors Count 15
All 2 funding rounds of VOLKSY 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 |
|---|---|---|---|---|---|
| Mar 2014 | $294,253 | Seed | $1.64M | SRI Capital | |
| Mar 2013 | $73,620 | Angel Round | $916,167 | Abhinv Gavva, Mohan Kumar Agarwal |
| Date | Valuation | Stage |
|---|---|---|
| Mar 2014 | $1.64M | •••••••• |
Last known valuation $1.64M (Mar 2014). 15 investors in total: 2 institutional and 13 angel.
Investors in VOLKSY
VOLKSY has secured backing from 15 investors, including venture fund and angel investors. Prominent investors backing the company include iLabs Group, SRI Capital and Abhinv Gavva.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital firm | ilabsgroup.com | Hyderabad, India | ||
Investing in enterprise tech, consumer, and health/bio sectors. | sricapital.com | |||
AG Abhinv Gavva | unknown_e4430cc64cdc4aeeb | |||
MK Mohan Kumar Agarwal | unknown_ab2a7e4293474e5fb | |||
VS Venkata Subba Rao | unknown_53b86322a4ab4d688 | |||
KR Kapil Rameshkumar Hetamsaria | Co-founder of VelvetCase, active angel investor in Indian startups | unknown_c81bf8395fa948818 | ||
AS Anuj Sood | unknown_aeacac74fedc43438 | |||
DV D Vijaya Murthi | unknown_e8782a89f2c04248b | |||
VD Vikram Doshi | unknown_9dcfefaabb70472e8 | |||
RC Ram Chaitanya Reddy Gunapati | unknown_83bc3a28149e42aa9 |
Investor details for VOLKSY
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Volksy Technologies Private Limited (VOLKSY)
Volksy Technologies Private Limited is the primary company behind VOLKSY. The board of Volksy Technologies Private Limited currently have 2 directors; the longest-serving is Murali Naidu Bukkapatnam, appointed in 2012. 4 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Murali Naidu Bukkapatnam DIN 02095405 | Managing Director | 03 Oct 2012 | 14 yrs | Volksy Technologies Private Limited |
| Himabindu Marisetty DIN 03502672 | Director | 28 Jan 2014 | 12 yrs 8 mo | Volksy Technologies Private Limited |
Financials of VOLKSY
Figures of Volksy Technologies Private Limited, the primary company behind VOLKSY, for FY 2023. Revenue was ₹3.12 Cr (+232% year on year). Net loss was -₹35.5 Lakh (-11% margin). EBITDA was ₹18.2 Lakh (6% margin). Revenue has grown at a compounded annual rate of +17% over three years and -8% over five years.
- ₹3.12 CrRevenue · FY 2023 · +232% YoY
- -₹35.5 LakhNet loss · -11% margin
- ₹18.2 LakhEBITDA · 6% margin
- ₹1.5 LakhPaid-up capital
- +17%Revenue CAGR, 3 years
- -8%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Volksy Technologies Private Limited are on its company page.
Detailed financial statements for VOLKSY
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of VOLKSY
4 dated milestones of VOLKSY across 3 years, from founding to its latest funding, stage changes and deals.
- Founded VOLKSY is founded.
- Funding First funding round of $74K.
- Funding Latest funding round, Seed, of $294K.
- Milestone Reaches Minicorn status.
Competitors of VOLKSY
VOLKSY has 3 listed competitors in our database, 2 of them funded. They include TeamLease, Able Jobs and Randstad India.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| teamlease.com | 2000 | Bengaluru, India | $28.39M | 1,112 | Staffing and recruiting services connect employers with job candidates. | |
| ablejobs.co | 2019 | Bengaluru, India | $2.36M | 6 | Online candidate assistance is provided through tools and training platforms. | |
| randstad.in | 2005 | Chennai, India | 65,462 | Recruitment process outsourcing services are provided to clients. |
Detailed competitors of VOLKSY
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
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 VOLKSY (Human Resource & Staffing Services) in India, 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 management, recruitment, and staffing services are provided. | 2015 | Bengaluru, Karnataka, India | USD 15.95 M |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Frequently Asked Questions about VOLKSY
VOLKSY was founded in 2011 and raised its 1st funding round 2 years after it was founded.
VOLKSY is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
VOLKSY is a funded company, having raised a total of $367.87K across 2 funding rounds to date. The company's 1st funding round was a Angel Round of $73.62K, raised on Mar 2013.
The primary company behind VOLKSY, Volksy Technologies Private Limited, reported revenue of ₹3.12 Cr for FY 2023, up 232% year on year.
VOLKSY, established in 2011, excels in providing business support, hr services, and recruitment services. Provider of recruitment services. Committed to advancing standards, it focuses on innovation, efficiency, and delivering value to clients worldwide. It continues to evolve, meeting industry challenges with strategic approaches.
VOLKSY's top competitors include TeamLease, Able Jobs and Randstad India.
VOLKSY offers Startup Development Services.
VOLKSY has 15 investors. Key investors include iLabs Group, SRI Capital, Abhinv Gavva, Mohan Kumar Agarwal, and Venkata Subba Rao.
The valuation of VOLKSY is $1.64M as of Mar 2014.
VOLKSY operates through Volksy Technologies Private Limited.
The legal entities of VOLKSY currently have 2 directors, including Himabindu Marisetty, Murali Naidu Bukkapatnam.