Human resource outsourcing (HRO) continues to thrive as a crucial ingredient in an entity's broader strategic approach towards growth. According to a research from Global Industry Analysts, the global HRO industry is forecasted to increase to a whopping $162 billion in 2015. India, with its inborn strengths such as geographic positioning, low cost and ready pool of English speaking workforce, has been garnered a bigger piece of this pie and has emerged as a favorite destination for several HRO companies to establish their businesses. This immense opportunity has knocked the door not only for bigwigs, but also for SMEs to offer best-of-breed HRO solutions along with a touch of flexible pricing options, high-quality services, state-of-the-art technologies and quick turnaround time. On the other hand, the advancement has crafted a breeding ground for mind boggling number of HRO providers, which in turn has made daunting task for the enterprises to partner with the firms which go beyond a typical vendor by handholding the clients throughout their tenure. To help companies conveniently choose the perfect professionals, siliconindia identifies '20 Most Promising HRO Companies'. A distinguished panel of the industry's topmost CIOs, CEOs, VCs and industry experts including siliconindia's editorial board scrutinized the list of companies in different business touch points. The thorough analysis delved into business practices, services, compared them against industry standards to ensure that the work is of best-in-class quality and finally led siliconindia to come up with best companies. While this no-frills archive intends to facilitate such companies, it also puts forward an easy and hassle-free platform for people to partner with the finest who in turn become an alter-ego for their clients by not only providing best of the best HRO services but also help them to create win-win situation. |
20 Most Promising HRO Companies
Company | Founder | Founded | Description |
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Acculogix Bangalore acculogix.com |
Nanua Singh, CEO |
2001 | A provider of full service HRO services that cover onboarding, payroll management, training administration and management and such others |
Ethos Ahmedabad ethosindia.com |
Hardik Shukla, Director |
2002 | A provider of value-added HR solutions that include talent acquisition & deployment, business consulting, learning & development , recruitment process outsourcing, contractual staffing and background verification |
HR Footprints Management Services Hyderabad hrfootprints.com |
Dr. G. Rajkumar, |
2006 | A provider of outstanding HR outsourcing services that simplifies the HR loopholes of different enterprises |
Husys Consulting Hyderabad husys.net |
GR Reddy |
2002 | A provider of finest HR outsourcing solutions that include HR function management solution, HR consulting and HR technology |
Kranium HR Services Bangalore ikraniumhr.com |
Jayaraj Menon, Director |
2005 | A provider of full stack of managed-HR services ranging from recruitment to exit management to clients from across industries |
Magna Infotech Bangalore magna.in |
Anurag Gupta, |
1997 | A provider of technology staff augmentation & solutions in the Indian sub-continent |
MANCER Consulting Delhi mancerconsulting.com |
Satya D Sinha, |
1997 | A provider of high quality, timely and cost effective talent acquisition and talent management solutions |
Mynd Solutions Gurgaon myndsolution.com |
Sundeep Mohindru, |
2002 | A provider of broad-spectrum of solutions in HRO, finance & accounting (FAO), customer relationship management (CRM) and consulting services |
Neeyamo |
Rangarajan Seshadri, |
2009 | A provider of HRO services and solutions with sheer focus on technology and operational transformation to global clients |
OBOX HR Solutions Mumbai oboxhr.com |
Tejas Lalka
Co-Founder & Director
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2011 | A provider of wide range of staffing, auditing ,tax and payroll management services in India |
Open Mind Services
Gurgaon
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Naveen Gulati,
Director & CEO
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2007 | A provider of knowledge process outsourcing which resolves transactional issues of employees’ |
PeopleStrong
Gurgaon
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Pankaj Bansal
Co-Founder & CEO
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2005 | A provider of comprehensive HRO services, HRIS/HRMS and RPO solutions for businesses across verticals |
Randstad India
Chennai
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Paul van de Kerkhof,
Chairman
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1960 | A provider of HR services porfolio ranging from permanent recruitment and contract staffing to recruitment process outsourcing (RPO) |
SimplyHR Solutions LLP
New Delhi
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Rajneesh Singh,
Co-Founder & Managing Partner
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2011 | A provider of all the HR services under one roof with a unique proposition of customized solutions and execution on the ground to build more effective and efficient HR approach |
YOMA Multinational Solutions
Gurgaon
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Nishit Sood,
MD & CEO
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2012 | A provider of end-to-end HR solutions to match clients’ business needs |