Overview
Xpheno Pvt Ltd is a Bangalore-based specialist staffing solutions provider that operates within IT, engineering, sales staffing, and direct hiring sectors. Emphasizing a commitment to impactful talent placements, Xpheno is recognized for leveraging advanced technology and scalable processes to adeptly match talent to client needs across various fields including IT services, BFSI, and engineering.
Company Details
- Registered Office: Beginest Harbor 6, No.76, 3rd Cross Road, Residency Road, Ashok Nagar, Richmond Town, Bangalore, KA 560025, India.
- Contact: +91 98453 31138 | engage@xpheno.com
- Website: [xpheno.com](https://www.xpheno.com/)
- Leadership Team:
- Co-Founders: Kamal Karanth and Anil Ethanur
- Chief Financial Officer: Ramakrishna Bhagavan
- The leadership is further supported by strategic advisory and operational leads across key verticals.
Founders' Profile
- Kamal Karanth manages core operations in sales, marketing, technology initiatives, and investor relations.
- Anil Ethanur focuses on people and culture development while emphasizing customer relationships, finance, and operational efficiencies.
Services Offered
Xpheno's service array covers key staffing needs:
- IT Staffing: Recruiting IT specialists in various business domains.
- Engineering Services: Providing engineering talent for industrial applications.
- Sales Staffing: Building competent sales teams.
- Direct Hire & Executive Search: Comprehensive solutions for permanent and leadership roles.
Recent Developments
Xpheno has expanded its capabilities with the establishment of a Center of Excellence (CoE) in Udupi, aimed at fusing expertise with dynamic workforce solutions to enhance client and partner value.
Financial Highlights
- Revenue: Estimated annual revenue is between INR 100 cr to 500 cr.
- Growth Metrics: Notable growth with a 43.08% increase in net worth and an EBITDA growth rate of 14.05%.
- Funding: Recently secured $949K across two funding rounds, with the latest being $532K.
Market Presence and Insights
Xpheno’s market research initiatives, such as the T+ve Report, spotlight regions like Telangana with significant talent growth, ranking it third in India by Positive Talent Base. The company's insights reflect current dynamics in the staffing industry, especially in the IT sector.
Competitive Landscape
Key Competitors
1. Adecco Group
- The world's leading talent advisory firm, transforming global workforces, with over 38,000 full-time employees in 60 countries.
- 2023 revenue nearing €24 billion.
2. Kelly Services
- Pioneered staffing services in 1946, evolving in talent management with $5 billion in revenue for 2022.
- Connects over 450,000 people with job opportunities annually.
3. ManpowerGroup
- Provides workforce solutions to over 400,000 clients, generating $18.9 billion in revenue in 2023.
Recent Entrants and Alternatives
- New market players like Get Workforce Solutions, TResource, and DigiRecruitx are emerging with digital recruitment platforms and advanced staffing methodologies.
Key Insights
- Xpheno's emphasis on a quality-driven work environment and niche market focus in IT and engineering sets it apart.
- Its business model aligns with sectors experiencing high specialized role demand, particularly in semiconductors and technology.
- Regular reports on industry trends, such as the semiconductor job market, underscore Xpheno's expertise and thought leadership in staffing.
