T&M Services Consulting

What T&M Services Consulting does

T&M Services Consulting Pvt. Ltd. is a Mumbai-headquartered, privately held HR outsourcing company founded in 1996 that delivers four integrated service lines: Executive Search, Recruitment, Staffing, and Outsourcing. The firm serves more than 300 customers across 15 industry verticals including Manufacturing, IT, BFSI, Pharma, Automobile, Government, FMCG, Agriculture, and Veterinary/Animal Husbandry, with a pan-India delivery network anchored by a 200-seater facility in Mumbai. Its technology stack includes a web-based HR platform with associate and employee mobile applications, attendance recording with geo-tagging and geo-fencing, client portal interfaces, project-based recruitment applications, expense reimbursement processing, and a helpdesk/grievance redressal system.

Revenue is generated through two primary mechanisms: placement-based fees (for permanent recruitment and executive search, typically a percentage of annual salary or contingency/retained search fees) and managed-service margins (on associate payroll for staffing and HR outsourcing contracts). Pricing is quote-based and not publicly disclosed, with competitive pricing and flexible engagement models positioned as differentiators. The founder, Sunil Trivedi, remains Director and Owner. The company has scaled organically with no disclosed external funding, growing from 185 Cr INR in FY 16-17 to 627 Cr INR in FY 22-23 (~22-23% CAGR over six years), and has successfully deployed more than 16,000 associates on temporary and permanent assignments across its customer base.

Name

T&M Services Consulting

Legal name

T&M Services Consulting Pvt. Ltd.

Website

https://tnmhr.com

Company type

Private

Founded year

1996

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

T&M Services Consulting is a Mumbai-headquartered, privately held HR outsourcing firm delivering executive search, recruitment, staffing, and HR process outsourcing to 300+ customers across 15 industry verticals in India via proprietary web and mobile platforms.

Ownership category

akta.pro rank

Product category

HR Outsourcing Services

NAICS

Employment Placement Agencies and Executive Search Services (56131), Executive Search Services (561312), Human Resources Consulting Services (541612)

SIC

Services-Employment Agencies (7361), Services-Help Supply Services (7363), Services-Management Consulting Services (8742)

akta.pro primary industry

HR Service Delivery & Employee Contact Centers (HR Helpdesk) (BPACAKAI)

akta.pro secondary industry

Time, Attendance & Leave Management Outsourcing (T&A, Absence, FMLA) (BPACAKAF)

Keywords

• HR outsourcing services
• Executive search
• Permanent recruitment
• Temporary staffing
• Contract staffing

Headquarters

HQ city

Mumbai

HQ country

India

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Executive Search Services: Senior and leadership hiring services including Board Search, CxO, and Senior Management positions. Revenue generated through contingency or retained search fees based on successful placements.
2. Recruitment Services: Permanent staffing, advertised recruitment, turnkey solutions, campus recruitment, and project-based recruitment. Revenue from placement fees, typically a percentage of annual salary for permanent placements.
3. Staffing Services: Temporary staffing, professional staffing, industrial staffing, general staffing, IT staffing, engineering staffing, and paramedical staffing. Revenue generated through margin on associate payroll and staffing fees.
4. HR Outsourcing Services: HR consulting, Recruitment Process Outsourcing (RPO), Payroll Process Outsourcing, Advertisement Response Management, Walk-In Process Administration, HR Help Desk, Assessment & Testing, and Interview Management. Revenue from managed service contracts.

Go-to-market motion2 records

Distribution channels2 records

Marketing channels6 records

Core offering

T&M Services Consulting is an integrated HR outsourcing company that delivers executive search, permanent and temporary staffing, recruitment, and HR process outsourcing (RPO, payroll outsourcing, helpdesk, and assessment services) to enterprise and mid-market organizations across India. The offerings are supported by a proprietary web- and mobile-based technology platform with geo-tagged attendance, associate/employee portals, and a project-based recruitment application, delivered via a pan-India network anchored by a 200-seater Mumbai facility.

Product overview

T&M Services Consulting is an integrated HR outsourcing company offering four core service lines: Executive Search Services, Recruitment Services, Staffing Services, and Outsourcing Services. These are delivered through a combination of proprietary technology platforms including attendance recording applications with geo-tagging, associate/employee mobile apps, web portal interfaces, helpdesk systems, and project-based recruitment applications. The company operates from Mumbai with pan-India presence and serves clients across 14 industry verticals including Manufacturing, IT, Pharma, BFSI, and Government sectors.

Differentiator

Problem solved

Functional benefit

Products and services

• Executive Search Services Identification and preliminary assessment of candidates through external advertising, computerized database search, headhunting, and industry networks for Board, CxO, and senior management positions. Targeted at enterprises needing confidential senior leadership hiring.
• Recruitment Services Permanent staffing, advertised recruitment, turnkey solutions, campus recruitment, and project-based recruitment combining industry expertise with recruitment knowledge. Targeted at enterprises and mid-market companies across industry verticals.
• Staffing Services One-stop workforce management solutions including temporary staffing, professional staffing, industrial staffing, general staffing, IT staffing, engineering staffing, and paramedical staffing for short- and long-term requirements. Targeted at organizations needing flexible, scalable workforce solutions.
• Outsourcing Services HR consulting, recruitment process outsourcing (RPO), payroll process outsourcing, advertisement response management, walk-in process administration, HR help desk, assessment and testing, and interview management services. Targeted at enterprises and government bodies seeking HR process outsourcing and compliance management.

Quantifiable outcome

• Successfully placed 16,000+ associates on temporary and permanent assignments
• +2 more outcomes

Named customers1 record

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Scale indicators8 records

Recent moves5 records

Expansion highlights5 records

Broad incumbents

• Randstad India: India arm of global staffing leader Randstad. Competes in temporary staffing, permanent placement, and RPO across the same enterprise verticals; broader portfolio and brand recognition give it incumbent advantage.
• Adecco India: India operations of Adecco Group, one of the world's largest staffing firms. Offers temporary staffing, permanent placement, and recruitment process outsourcing similar to T&M, with global brand and cross-border capability.
• ManpowerGroup India: Indian arm of ManpowerGroup, a global leader in workforce solutions. Overlaps with T&M in staffing, recruitment, and HR outsourcing, with stronger international parent backing and enterprise relationships.
• Heidrick & Struggles: Global executive search firm with India presence. Comparable to T&M's Executive Search service for C-suite, board, and senior leadership hiring across industries.

Direct peers

• Quess Corp: India's largest staffing and facility management company. Direct competitor offering permanent staffing, temporary staffing, executive search, and HR outsourcing across the same verticals T&M serves (IT, BFSI, manufacturing, healthcare).
• ABC Consultants: India's leading executive search firm specializing in senior and board-level hiring. Directly comparable to T&M's Executive Search service line, with similar mid-to-senior management placement focus.
• Michael Page India: Global professional recruitment firm with significant India operations. Competitive in mid-to-senior permanent placement and specialized recruitment, overlapping with T&M's recruitment service line.
• TeamLease Services: Leading Indian staffing, payroll, and HR services company listed on NSE/BSE. Closely comparable in service mix (temporary staffing, permanent placement, payroll outsourcing, RPO) and target customer base of enterprise and mid-market organizations.
• FirstMeridian Business Services: Indian staffing and HR services company backed by private equity. Provides temporary staffing, permanent placement, and HR outsourcing across multiple sectors, directly competing with T&M in mid-market and enterprise segments.

Emerging players

• CIEL HR Services: Growth-stage Indian HR services firm offering staffing, recruitment, and HR outsourcing. Comparable service mix and SME/mid-market focus, though smaller in scale than T&M.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/T_M_Associates
• Facebookfacebook.com/tnmhrjob
• LinkedInlinkedin.com/company/tnmhr/mycompany
• Instagraminstagram.com/tnmhrjob

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about T&M Services Consulting