EXL Service Holdings came into existence in April 1999 in Delaware, US. It was founded by a group of professionals including Vikram Talwar (now executive chairman) and Rohit Kapoor, who is now the CEO. Vikram was then the CEO and managing director of Ernst & Young, and Rohit managed international investments for clients at Deutsche Bank.
In August 2001, Conseco acquired EXL and operated as its wholly owned subsidiary. Later, in November 2002, Oak Hill Capital Partners L.P. and FTVentures along with members of the senior management team bought EXL from Conseco making it a third party pure-play business process outsourcing service provider.
The company has seen a fast-paced growth with 50 clients and a staff strength of 8,200 employees. Revenues for the quarter ended March 31, 2008 were $50.9 million compared to $39.9 million in the quarter ended March 31, 2007, an increase of 27.8 per cent.
Accolades for EXL Service Holdings
Recognised as one of the Top 100 hot growth companies for 2007
Among the top 10 best performing BPOs in CMP Media's list
No.1 rising star in the Global Outsourcing list by International Association of Outsourcing
Professionals
Image: India enjoys an unparalleled reputation as an outsourcing destination for the high-tech sector and the diaspora of homegrown computer programmers has long been transforming the global economy.
. | Photograph: Manpreet Romana/AFP/Getty Images
Also read:
The world's most reputable companies
Advertisement
