About Wolves Solutions
Wolves Solutions is a Business Services company based in Bengaluru (India) founded in 2014 by Prathyaksharaj Shetty, and was acquired by upGrad in July 2022. Recruitment services are provided for multiple industries. The company has 191 employees. Its Indian entity Wolves Recruitment And Staffing Private Limited reported revenue of ₹20.41 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
Wolves was founded in 2014 in Bengaluru, India, with Prathyaksharaj Shetty serving as co-founder. Recruitment services are offered across various industries, focusing on talent acquisition and placement. Operations are centered in India, where solutions for hiring needs are delivered through the domain wolves.solutions. The company addresses staffing requirements in sectors such as technology, finance, and manufacturing, supporting client growth with specialized personnel matching.
- Headquarters Bengaluru, India
- Employees 191
- Founders Prathyaksharaj Shetty
- Stage Acquired
- SectorsBusiness Services
- Website wolves.solutions
- Acquired by upGrad (Jul 2022)
- Legal Name Wolves Recruitment And Staffing Private Limited
- Date of Incorporation 26 Feb, 2018
- Jurisdiction Mumbai, Maharashtra, India
Associated legal entities of Wolves Solutions
Wolves Solutions operates through Wolves Recruitment And Staffing Private Limited (amalgamated). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Wolves Recruitment And Staffing Private Limited CIN U74999MH2018PTC394652 | Amalgamated | 26 Feb 2018 | Mumbai, Maharashtra | ₹20.4 Cr | 191 | 4 | View details |
Investors in Wolves Solutions
Wolves Solutions has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include upGrad.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Professional certification training courses are provided via an online platform. | 2015 | upgrad.com | Mumbai, India |
Investor details for Wolves Solutions
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Board of directors of Wolves Recruitment And Staffing Private Limited (Wolves Solutions)
Wolves Recruitment And Staffing Private Limited is the primary company behind Wolves Solutions. The board of Wolves Recruitment And Staffing Private Limited currently have 4 directors; the longest-serving is Raghu Shivkumar, appointed in 2018. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Raghu Shivkumar DIN 08074753 | Director | 26 Feb 2018 | 8 yrs 8 mo | Wolves Recruitment And Staffing Private Limited |
| Gaurav Kumar DIN 09172007 | Director | 12 Aug 2022 | 4 yrs 2 mo | Wolves Recruitment And Staffing Private Limited |
| Rohit Arun Agarwal DIN 06365250 | Director | 12 Aug 2022 | 4 yrs 2 mo | Wolves Recruitment And Staffing Private Limited |
| Rajeshwari Channabasavaradhya DIN 09332438 | Director | 30 Sep 2022 | 4 yrs 1 mo | Wolves Recruitment And Staffing Private Limited |
People of Wolves Solutions
1 people are tracked at Wolves Solutions (1 in leadership); the tracked headcount is 191.
| Name | Role | Group |
|---|---|---|
Prathyaksharaj Shetty | Co-Founder | Leadership |
Complete people profiles for Wolves Solutions
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Financials of Wolves Solutions
Figures of Wolves Recruitment And Staffing Private Limited, the primary company behind Wolves Solutions, for FY 2023. Revenue was ₹20.41 Cr (+26% year on year). Net profit was ₹86.2 Lakh (4% margin). EBITDA was ₹2.60 Cr (13% margin). Revenue has grown at a compounded annual rate of +13% over three years.
- ₹20.41 CrRevenue · FY 2023 · +26% YoY
- ₹86.2 LakhNet profit · 4% margin
- ₹2.60 CrEBITDA · 13% margin
- ₹80,000Paid-up capital
- 191Employees (provident fund records)
- +13%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Wolves Recruitment And Staffing Private Limited are on its company page.
Detailed financial statements for Wolves Solutions
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Timeline of Wolves Solutions
2 dated milestones of Wolves Solutions across 8 years, from founding to its latest funding, stage changes and deals.
- Founded Wolves Solutions is founded.
- Exit Acquired by upGrad.
Competitors of Wolves Solutions
Wolves Solutions 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 Wolves Solutions
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Top companies in Human Resource & Staffing Services
2 companies that operate in the same segment as Wolves Solutions (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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Frequently Asked Questions about Wolves Solutions
Wolves Solutions was founded in 2014.
Wolves Solutions is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Wolves Solutions has 191 employees.
The primary company behind Wolves Solutions, Wolves Recruitment And Staffing Private Limited, reported revenue of ₹20.41 Cr for FY 2023, up 26% year on year.
Wolves was founded in 2014 in Bengaluru, India, with Prathyaksharaj Shetty serving as co-founder. Recruitment services are offered across various industries, focusing on talent acquisition and placement. Operations are centered in India, where solutions for hiring needs are delivered through the domain wolves.solutions. The company addresses staffing requirements in sectors such as technology, finance, and manufacturing, supporting client growth with specialized personnel matching.
Wolves Solutions's top competitors include TeamLease, Able Jobs and Randstad India.
Wolves Solutions has 1 investor. Key investors include upGrad.
Wolves Solutions operates through Wolves Recruitment And Staffing Private Limited.
Yes. Wolves Solutions was acquired by upGrad in July 2022.
The legal entities of Wolves Solutions currently have 4 directors, including Gaurav Kumar, Rajeshwari Channabasavaradhya, Rohit Arun Agarwal and others.