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January 21, 2005

Vignette 1: An Unusual Exit Story

Thanks to a strong interest among global staffing services firms to enter India, three HR and recruitment services companies provided exit routes to their private equity investors during 2004: Ma Foi Management Consultants (acquired by Dutch staffing services firm Vedior), JobsAhead.com (by Monster.com) and PeopleOne Consulting (Adecco).

On a related note, here's a recent Businessworld cover story on the rise and rise of temperory staffing services.

Arun Natarajan is the Editor of TSJ Media, which tracks venture capital activity in India and Indian-founded companies worldwide. View sample issues of TSJ Media's Venture Intelligence India newsletters and reports.