Valuemart acquires stake in Datatalk Services

Bangalore, Nov 28 (UNI) Valuemart Info Technologies Limited (Valuemart), a city-based IT&BPO Company, today announced that it has acquired a 74 per cent stake in Datatalk Services (India).

Datatalk offers Direct Marketing, Customer Acquisition and Retention and Telemarketing Services in the Domestic Market to prestigious clients like Airtel, Club Mahindra, Deutsche Bank, Nestle, Pepsi, Tektronics and Zee Television, according to a release here.

Datatalk currently operates a 100-seat facility in the city and will set up an additional 200-seats capacity for its clients in Bangalore and Hyderabad in the next six months, it said.

Announcing this Mr C K Vasudevan, Managing Director, Valuemart said that the acquisition will help it to acquire premium clients and broad base their service offerings in the BPO segment.

In July, Valuemart successfully completed a Preferential Issue and raised Rs six crore from Strategic Investors. These funds will be partly utilized for the acquisition.

UNI