INFOGAIN

SPJIMR's WISE Tech fosters societal advancement through wise innovation with initiatives like accelerators, Entrepreneurship Fellowship, and Wise Innovation Conclave. Manoj Mohan leads the executive team, supported by R. Ramanan and Haresh Chawla fr...

Institutional shareholding in IT services companies listed in India has also increased — by 9% for large-cap players, and 16-18% for mid-cap and small-cap firms over the last 12 months.

The Silicon Valley-headquartered digital platform and software engineering services company is also actively scouting for acquisitions, Dayapatra Nevatia, president and chief operating officer of Infogain told PTI.

Across B2B universe, blockchain technology is seeing greater adoption despite the question marks given its linkage to cryptocurrencies. Romita Majumdar charts the tech’s future and finds out why Big Tech and startups alike are logging into it.

This is the company’s fourth acquisition since 2019.

While Warburg owns 80% of the company, the rest is held by founder Venu Raghavan and the management.

“Our new collaboration with KK (Krishnakumar Natarajan) is already yielding valuable guidance on our strategy as we leverage his vast global experience,” Infogain’s president and chief executive Ayan Mukerji says.

Tata Consultancy Services (TCS), Persistent Systems and Infogain Corp. are staggering their intake of freshers through the year in order to be more responsive to the changing business environment amid a raging pandemic.

Infogain is already in preliminary talks with a few companies, said chief executive Ayan Mukerji. The firm is focusing on digital innovation, platform innovation and platform foundation, and on creating human-centric solutions.

Private equity firms Bain Capital, Carlyle Group and KKR & Co., as well as French outsourcer Teleperformance SE, are in fray to acquire Hexaware Technologies for $2.5 billion from Baring PE Asia in potentially the largest IT deal in India.

The deal where Apax will buy about 70% stake, values Infogain at about $570 million. Homegrown PE fund Chryscap owns a controlling stake in Infogain.

The Infogain stake sale process includes the issue of new shares and the sale of stake by some existing investors, including ChrysCapital, at a valuation of $500-600 million.

The acquisition gives the company access to Absolutdata’s NAVIK AI platform and access to new verticals, said Infogain COO Ayan Mukerji.

Infogain works to help accelerate the delivery of digital customer engagement systems through the cloud, microservices, robotic process automation and artificial intelligence.

​​In an e-mail interaction Infogain's Girish Kannali discusses innovations in the insurance sector and more.

Voice, the most natural way to communicate, will change the way we interact with devices. What keyboards and touch screens could not do in making technology inclusive, voice will do.

We have 4000 people and very large percentage of engineers are in our four centers in India. The largest is in Noida and our second largest office is in Bangalore, said Sunil Bhatia.

Blue Star Infotech shares fell 20% in Wednesday’s trade, a day after the company announced that its IT business will be acquired by Infogain.

Blue Star Infotech Ltd (BSIL) said Infogain Inc, a ChrysCapital portfolio company, will acquire its IT business for Rs 180.80 crore. The combined entity will have revenue of over $150 million, close to 4,000 employees and multiple global delivery ce...