About Teamlease Foundation
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Teamlease Foundation is a private not for profit company based in Bangalore, Karnataka, India, a subsidiary of Teamlease Services Limited. It operates in the technical services segment of the education and learning sector. It was incorporated on 27 June 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U80903KA2011NPL130127. Its GSTIN is 29AADCT8958N1ZA (Karnataka). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Lakh. It was formerly known as Teamlease Education Foundation. It is led by directors including Alaka Chanda and Ashok Kumar Nedurumalli.
Its last annual general meeting (AGM) was held on 12 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹207.95 Cr, a growth of 5% compared to the previous year. For the same year it recorded a net loss of ₹5.37 Cr (net margin -2.6%) and EBITDA of -₹3.77 Cr (EBITDA margin -1.8%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 72% over five years.
The company has about 101 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹15 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website teamleasefoundation.org.
Company details
CIN history
Teamlease Foundation has one previous CIN (Corporate Identification Number): U80903MH2011NPL219138. The current CIN is U80903KA2011NPL130127, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U80903KA2011NPL130127 | Current |
| U80903MH2011NPL219138 | Previous |
Contact details
Teamlease Foundation's registered office is in Bangalore, Karnataka. Its website is teamleasefoundation.org. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered Address315 Work Avenue Campus Ascent Bldg. Koramangala Ind. Layout Jyoti Nivas College Road K, Oramangala, Bangalore, Karnataka, India – 560095
- IndustryEducation & Learing, Technical, Higher Education, Vocational Education
To see the full contact details of Teamlease Foundation, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Teamlease Foundation is support service to organizations. In detail, this covers other support services to organizations.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Teamlease Foundation, buy the company report.
Financials of Teamlease Foundation
FY 2025 filings availableTeamlease Foundation reported revenue of ₹207.95 Cr (up 5% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 72% over five years, including 5% growth in the latest year. EBITDA fell 20% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹3.77 Cr | ||||
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| Net Profit (PAT) | -₹5.37 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -1.8% | ||||
| Net Profit Margin | -2.6% | ||||
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To see the full financial statements and ratios of Teamlease Foundation, buy the company report.
Board of directors of Teamlease Foundation
Teamlease Foundation has 3 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Alaka Chanda Also directs: Teamlease Hrtech Private Limited, Teamlease Digital Private Limited, TSR Darashaw HR Services Private Limited and 1 more | Director | 23 Mar 2021 | 5 Years 7 Months | Current |
| Ashok Kumar Nedurumalli Also directs: Ned Consultants LLP, Teamlease Services Limited, Dihea Products India Private Limited and 1 more | Director | 20 Apr 2023 | 3 Years 6 Months | Current |
| Ramani Dathi Also directs: Teamlease Hrtech Private Limited, Teamlease Digital Private Limited, TSR Darashaw HR Services Private Limited and 4 more | Director | 23 Mar 2021 | 5 Years 7 Months | Current |
Peer comparison
Teamlease Foundation is compared with the 9 companies closest to it by revenue in the same principal business activity (other support services to organizations), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Amps Facilities Management Services Private Limited | ₹209.91 Cr (FY 2024) | 3.0% | Bangalore, Karnataka, India | |||
| Cressanda Railway Solutions Limited | ₹209.78 Cr (FY 2024) | 130.0% | Jogeshwari East, Maharashtra, India | |||
| Dayforce India Private Limited | ₹209.49 Cr (FY 2025) | 26.0% | Bangalore, Karnataka, India | |||
| Consero Solutions India Private Limited | ₹208.86 Cr (FY 2025) | 14.0% | Bengaluru, Karnataka, India | |||
| Amber Internet Solutions Private Limited | ₹208.28 Cr (FY 2025) | 186.0% | Pune, Maharashtra, India | |||
| Teamlease Foundationthis company | ₹207.95 Cr (FY 2025) | -₹5.37 Cr | -2.6% | 5.0% | 101 | Bangalore, Karnataka, India |
| Vananam Rewards Private Limited | ₹206.13 Cr (FY 2025) | -29.0% | Bangalore, Karnataka, India | |||
| TKW Management Solutions Private Limited | ₹205.76 Cr (FY 2025) | 24.0% | New Delhi, Delhi, India | |||
| Real Time Data Services Private Limited | ₹203.6 Cr (FY 2025) | 31.0% | New Delhi, Delhi, India | |||
| R K and Company Manpower Private Limited | ₹202.96 Cr (FY 2025) | 8.0% | New Delhi, Delhi, India |
To see the full peer comparison of Teamlease Foundation, buy the company report.
Auditor
Teamlease Foundation is audited by S.R. Batliboi & Associates LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.R. Batliboi & Associates LLP | FY 2023 | 101049W/E300004 |
Shareholding
The shareholding of Teamlease Foundation is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Teamlease Foundation, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Apr 2023 | 100705911 | Others | ₹15 Cr | Open |
To see the full charge records of Teamlease Foundation, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Teamlease Foundation are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
Teamlease Foundation has 6 MSME Form 1 returns on record between 2022 and 2024, listing 82 overdue payments to 9 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 9)
To see the full MSME payment records of Teamlease Foundation, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Teamlease Foundation has a workforce of 101 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Teamlease Foundation has 3 GST registrations: 3 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCT8958N1ZA | Karnataka | Active | 01 Jul 2017 |
| 27AADCT8958N1ZE | Maharashtra | Active | 01 Jul 2017 |
| 24AADCT8958N1ZK | Gujarat | Active | 13 May 2021 |
To see the full GST registrations and return filing status of Teamlease Foundation, buy the company report.
Recent activity
Teamlease Foundation has 11 board changes on record since 2015: 3 appointments and 8 cessations. The latest: Ashok Kumar Nedurumalli was appointed as Director on 20 Apr 2023.
4 earlier events are in the company report.
News
Frequently asked questions
Teamlease Foundation is an active private not for profit company based in Bangalore, Karnataka, India. The company works in technical, within the education and learning industry. It was incorporated on 27 June 2011 (15+ years old) and is registered under CIN U80903KA2011NPL130127.
Teamlease Foundation has 3 current directors:
- Alaka Chanda - Director
- Ashok Kumar Nedurumalli - Director
- Ramani Dathi - Director
The latest financial statements of Teamlease Foundation on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 12 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Teamlease Foundation is 29AADCT8958N1ZA, registered in Karnataka. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 27AADCT8958N1ZE (Maharashtra), 24AADCT8958N1ZK (Gujarat).
The CIN (Corporate Identification Number) of Teamlease Foundation is U80903KA2011NPL130127. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Teamlease Foundation was incorporated on 27 June 2011, making it 15+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Teamlease Foundation by revenue are Amps Facilities Management Services Private Limited, Cressanda Railway Solutions Limited, Dayforce India Private Limited, Consero Solutions India Private Limited, Amber Internet Solutions Private Limited and 4 more, all in the same principal business activity (other support services to organizations).
Ashok Kumar Nedurumalli was appointed as Director on 20 Apr 2023. Alaka Chanda ceased to be Additional Director on 25 Aug 2021. Ramani Dathi ceased to be Additional Director on 25 Aug 2021. Teamlease Foundation has 11 board changes on record in total.
Teamlease Foundation has 6 MSME Form 1 returns on record between 2022 and 2024, listing 82 overdue payments to 9 micro and small suppliers. The latest return was filed on 25 Apr 2024.
Teamlease Foundation can be reached through the website teamleasefoundation.org. Its registered office is in Bangalore, Karnataka, India.
The registered office of Teamlease Foundation is at 315 Work Avenue Campus Ascent Bldg. Koramangala Ind. Layout Jyoti Nivas College Road K, Oramangala, Bangalore, Karnataka, India – 560095.
Teamlease Foundation operates in the education and learning industry, in the technical segment.