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corporate information

milestones

2009

  •  EmmayHR integrates with Ma Foi

 2008

  • Ma Foi becomes a part of Randstad, the 2nd largest HR Company in the world.
  • takes over the management responsibilities of Team4U, a staffing company that focuses on mass customization business.
  • Ma Foi wins the Asia Pacific Quality Award. 

2007

  • Ma Foi wins the prestigious certificate for 'Strong Commitment to Excellence' from CII-EXIM Business Excellence Award.
  • geographic expansion continues as we enter markets in China, Thailand and Hong Kong. 

2006

  • strategic diversification into IT,  through a wholly owned subsidiary - Minvesta Infotech Ltd.
  • Ma Foi Academy merges with Staffing Solutions Business. 

2005

  • merger of consulting & outsourcing businesses to form a separate subsidiary - Ma Foi Consulting Solutions Ltd.
  • spin-off of the executive search Business - Ma Foi Global Search Services Ltd. is launched.

2004

  • Ma Foi becomes a part of Vedior - World's largest specialist staffing major.
  • launch of Ma Foi Academy - the career training business of Ma Foi.
  • deputee strength hits 10000. Ma Foi emerges as the leader in flexi staffing business in India. 

2003

  • further expansion within India through Franchisee network.

 2002

  • flexi staff grows over 5000.

 2001

  • foray into the international market.

2000

  • ISO Certification.

 1998

  • expansion of service portfolio to HR outsourcing.
  • executive Search emerges as a separate business unit.
  • first Bonus Issue.

1996

  • crosses a turnover of INR 0.1 Billion. Expansion to multiple locations within India by setting up offices.

1994

  • transition from Private Limited to Public Limited Company.

1992

  • inception of Ma Foi with a starting capital of INR 60,000 and a big dream to grow into a world class HR service provider.