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Infogain acquires Gurgaon based BPO co, to hire upto 500
New Delhi, Dec 10: It services company Infogain said today it had entered the business process outsourcing sector through acquisition of two BPO businesses in India and US including a 100-seat capacity business in Gurgaon.
New Delhi, Dec 10: It services company Infogain said today it had entered the business process outsourcing sector through acquisition of two BPO businesses in India and US including a 100-seat capacity business in Gurgaon.
"We want to jumpstart into BPO operations. One of our acquisition is a 100-seat live BPO business in Gurgaon which has been formed into a separate company,” Kapil Nanda, chairman
and CEO, Infogain told newspersons here, adding Infogain had acquired the customer base of another BPO centre in the US.
He said since the company did not acquire any facility in case of both these acquisitions, the financial transactions were not significant and added Infogain acquired only people and businesses. He did not identify the two acquired companies nor disclose the size of the deal.
With these acquisitions, Infogain had got BPO clients in US and UK in the space of financial services, he said.
The company is planning to add up to 500 people for the BPO operations in the next one year and is also building a third facility in Noida to accommodate the BPO employees along with IT services.
Its India expansion investment including the BPO would be five million dollar, Nanda said.
Infogain has opened a second facility in Noida recently to focus on product engineering services.
"We are expecting 50 per cent of our revenue to come from BPO services in the next two years. Currently two-third of the revenue come from us," he said.
US-based Infogain has two development centres in Noida and the Indian operation is a 100 per cent arm. Bureau Report
He said since the company did not acquire any facility in case of both these acquisitions, the financial transactions were not significant and added Infogain acquired only people and businesses. He did not identify the two acquired companies nor disclose the size of the deal.
With these acquisitions, Infogain had got BPO clients in US and UK in the space of financial services, he said.
The company is planning to add up to 500 people for the BPO operations in the next one year and is also building a third facility in Noida to accommodate the BPO employees along with IT services.
Its India expansion investment including the BPO would be five million dollar, Nanda said.
Infogain has opened a second facility in Noida recently to focus on product engineering services.
"We are expecting 50 per cent of our revenue to come from BPO services in the next two years. Currently two-third of the revenue come from us," he said.
US-based Infogain has two development centres in Noida and the Indian operation is a 100 per cent arm. Bureau Report