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TeamLease To Buy 30% Stake In Job Portal Freshersworld.com
29 May 2017, 08:32 PM IST 
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TeamLease said the transaction is expected to close before the end of July 2017
New Delhi: Staffing services firm TeamLease Services will acquire a 30 per cent stake in job portal Freshersworld.com at an enterprise valuation of Rs 18 crore, a move that will accelerate its hiring strategy.
"Freshersworld's enterprise valuation is Rs 18 crore and we have taken 30 per cent stake towards that valuation and the acquisition of further stake in Freshersworld or complete exit is linked to future performance and key pr...
