Valuepoint IPO : Planning to raise money in next fiscal

by khalid on 07/02/2011 · 0 comments

Bangalore based Valuepoint group is planning to raise money through an initial public offering (IPO) in the next fiscal. The Rs 250 crore group currently has around 1300 employees.

Company’s Sr.Vice President, is saying that we have new companies in place, for their growth we plan to raise funds through an IPO which we are planning during the fiscal year 2012-13. This should give us enough funds for our expansion plans. We are today a group of nine companies. While Valuepoint Systems, Valuepoint Knowledgeworks and Sourcehub have all grown organically over the past few years, of late we have made either strategic acquisitions or have made investments in six companies.

The company had acquired two startups in United States. A2six is a KPO focused on legal domain, and Dirt LLC which is into electronic forensic services, focused on family laws.

Valuepoint Knowledgeworks has been constantly growing by acquiring customers in the language translation services space. We have now set up offices in Singapore and London for acquiring more businesses. Sourcehub, another organically grown company is also making inroads in legal and insurance BPO work.

Stay tuned to BelltheBull Blog for more news on Valuepoint IPO !

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