EXLService acquires Inductis

New Delhi, July 6 (UNI) ExlService Holdings Inc, a leading offshore Business Process Outsourcing (BPO) company, today announced the acquisition of Inductis, a leading strategy and analytics company, for an undisclosed amount.

As a result of the acquisition, Inductis will become a wholly-owned and independently branded subsidiary of EXL, focusing on Consulting and Research and Analytics.

Inductis had reported revenues of 20 million dollars for last year.

EXL's existing Research and Analytics business will be combined with Inductis to create a new leader in this exciting growth area and provide a full spectrum of knowledge services to EXL's clients.

''The combination of Inductis' strong capabilities in quantitative analytics and knowledge of business intelligence platforms, with EXL's existing base of services and clients in asset management, investment banking, and private equity, makes for a formidable and compelling business proposition. We believe that by integrating all of our research and analytics capabilities under the Inductis subsidiary, we will provide world-class intellectual capital deployment for our combined client base,'' EXL's VP Strategic Businesses Pavan Bagai said.

EXL plans to further it's investment in assisting clients with positively impacting the top-line and helping grow revenues by leveraging offshore research and analytics.

Inductis, headquartered in New Jersey and having offices in New York, Gurgaon, and Singapore, is a global professional services firm that helps large companies leverage strategy, analytics and technology to make better decisions.

With more than 7,000 professionals spread across five operations centers, New-York based EXL specialises in providing BPO services to the Banking, Financial Services, Insurance, and Utilities industry verticals.

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