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 August 20, 2008, 9:30 pm
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  Ahmedabad.com

Essar acquires Global Vantedge

Essar Global on Tuesday said it has acquired Global Vantedge, a BPO company owned by Chrys Capital. This is part of Essar’s plan to have a larger footprint in the BPO segment. Essar has a presence in the BPO segment through its wholly owned subsidiary — Aegis BPO.

Global Vantege has over 1,400 employees with facilities in Gurgaoan in India and San Jose, Costa Rica. This acquisition is expected to contribute over $25 million in revenues to the BPO business of Essar and is its fourth acquisition in the last one year, the other three being Customer First and Orion in India and Technion in the USA.

Commenting on this acquisition, Aparup Sengupta, CEO of the BPO business of Essar Global in India, said, "With this acquisition, we now have formidable strengths in this nich segment and will be able to offer the full suite of service offerings around customer life cycle management.

"We have built the largest collections BPO in India and do feel happy that it is now part of a larger canvas at Aegis" said Brahmal Vasudevan, managing director, Chrys Capital.

Aegis BPO, is art of Essar Global operates integrated BPO services with a presence in interaction services, back office services and value added services. Aegis currently has revenues of over $180 million. It is India’s fifth largest BPO company.

Aegis has a global delivery model with centers across the USA and India with over 9,000 employees with expertise in telecom, insurance, banking a and Healthcare.

Courtesy : Asianage.com

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