About Weavings
Weavings is a Business Services company based in Mumbai (India) founded in 2010. Recruitment and vendor services are provided by Weavings. Weavings has raised $3.24 million across 1 funding round from investors including Gruhas. Weavings was last valued at $16.13 million in December 2023. Its Indian entity Weavings Manpower Solutions Private Limited reported revenue of ₹325 Cr. 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
Weavings was established in 2010 in Mumbai, India, focusing on the human resources sector. Recruitment services are offered to source talent across various industries, while vendor management solutions are handled to streamline supplier operations. Activities are centered in the Indian market, with operations based in Mumbai to support local and regional clients in staffing needs.
- Headquarters Mumbai, India
- Stage Minicorn
- SectorsBusiness Services
- Website weavings.in
- Legal Name Weavings Manpower Solutions Private Limited
- Date of Incorporation 13 Nov, 2010
- Jurisdiction Thane, Maharashtra, India
- Annual Revenue₹325 Cr
FY 2025 · +23% YoY
- Net Loss-₹1.97 Cr
FY 2025 · -1% margin
- EBITDA-₹1.23 Cr
FY 2025 · 0% margin
- Total Equity Funding$3.24M (USD)
in 1 rounds
- Latest Funding Round$3.24M (USD), Seed
Dec 2023
- Investors
Associated legal entities of Weavings
Weavings operates through Weavings Manpower Solutions Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Weavings Manpower Solutions Private Limited CIN U93090MH2010PTC210028 | Active | 13 Nov 2010 | Thane, Maharashtra | ₹325 Cr | 15,172 | 3 | View details |
Funding Insights of Weavings
Weavings has successfully raised a total of $3.24M through 1 strategic funding round. The most recent funding activity was a Seed round of $3.24 million completed in December 2023. 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 $3.24M
- Total Rounds 1
- Last Round Seed — $3.24M
- First Round $3.24M
(Dec 2023)
- Investors Count 1
All 1 funding rounds of Weavings 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 |
|---|---|---|---|---|---|
| Dec 2023 | $3.24M | Seed | $16.13M | Gruhas | – |
| Date | Valuation | Stage |
|---|---|---|
| Dec 2023 | $16.13M | •••••••• |
Last known valuation $16.13M (Dec 2023). 1 investors in total: 1 institutional.
Investors in Weavings
Weavings has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Gruhas.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital firm investing in technology-driven innovations and partnerships in India. | 2021 | gruhas.com | Bengaluru, India |
Investor details for Weavings
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Board of directors of Weavings Manpower Solutions Private Limited (Weavings)
Weavings Manpower Solutions Private Limited is the primary company behind Weavings. The board of Weavings Manpower Solutions Private Limited currently have 2 directors; the longest-serving is Radhakrishna Raju Shete, appointed in 2013. 10 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Radhakrishna Raju Shete DIN 02332570 | Director | 28 Jan 2013 | 13 yrs 8 mo | Weavings Manpower Solutions Private Limited |
| Ashish Talwar DIN 02046065 | Managing Director | 19 Jan 2017 | 9 yrs 9 mo | Weavings Manpower Solutions Private Limited |
People of Weavings
6 people are tracked at Weavings (5 in leadership, 1 in team).
| Name | Role | Group |
|---|---|---|
| Managing Director | Leadership | |
Ritessh Patne | Head Of Sales | Leadership |
Manu Sharma | Head Of IT | Leadership |
Rajendra Singh Rawat | Head Of Operations | Sales | Recruitment - India | Leadership |
Amit Handa | Assistant Vice President | Leadership |
Malika Bajaj | HR Executive | Team |
Complete people profiles for Weavings
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Financials of Weavings
Figures of Weavings Manpower Solutions Private Limited, the primary company behind Weavings, for FY 2025. Revenue was ₹325 Cr (+23% year on year). Net loss was -₹1.97 Cr (-1% margin). EBITDA was -₹1.23 Cr (0% margin). Revenue has grown at a compounded annual rate of +14% over three years and +15% over five years.
- ₹325 CrRevenue · FY 2025 · +23% YoY
- -₹1.97 CrNet loss · -1% margin
- -₹1.23 CrEBITDA · 0% margin
- ₹39.82 CrPaid-up capital
- 15,172Employees (provident fund records)
- +14%Revenue CAGR, 3 years
- +15%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Weavings Manpower Solutions Private Limited are on its company page.
Detailed financial statements for Weavings
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of Weavings
3 dated milestones of Weavings across 13 years, from founding to its latest funding, stage changes and deals.
- Founded Weavings is founded.
- Funding First funding round of $3.2M.
- Milestone Reaches Minicorn status.
Competitors of Weavings
Weavings 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 Weavings
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Web traffic of Weavings
The website of Weavings (weavings.in) receives about 8.9K visits a month.
- Monthly visits8.9K
▲ 109.1% vs previous month
Websites whose visitors overlap most with Weavings. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| kraftshala.com | 100% | 283.3K | #163,737 | View details | |
wisemonk.io | wisemonk.io | 78% | #678,267 | – | |
| coppergate.in | 78% | View details | |||
| tcwglobal.com | 78% | #351,660 | View details | ||
| multirecruit.com | 70% | 23K | #1,054,913 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Weavings
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Top companies in Human Resource & Staffing Services
2 companies that operate in the same segment as Weavings (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 |
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Related news about Weavings
Complete news archive for Weavings
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Frequently Asked Questions about Weavings
Weavings was founded in 2010 and raised its 1st funding round 13 years after it was founded.
Weavings is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Weavings is a funded company, having raised a total of $3.24M across 1 funding round to date. The company's 1st funding round was a Seed of $3.24M, raised on Dec 2023.
The primary company behind Weavings, Weavings Manpower Solutions Private Limited, reported revenue of ₹325 Cr for FY 2025, up 23% year on year.
Weavings was established in 2010 in Mumbai, India, focusing on the human resources sector. Recruitment services are offered to source talent across various industries, while vendor management solutions are handled to streamline supplier operations. Activities are centered in the Indian market, with operations based in Mumbai to support local and regional clients in staffing needs.
Weavings's top competitors include TeamLease, Able Jobs and Randstad India.
Weavings has 1 investor. Key investors include Gruhas.
The valuation of Weavings is $16.13M as of Dec 2023.
Weavings operates through Weavings Manpower Solutions Private Limited.
The legal entities of Weavings currently have 3 directors, including Radhakrishna Raju Shete, Ashish Talwar, Rucha Prasad Gadkari.