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Infosys BPO Limited

 
Wikipedia: Infosys BPO Limited
Infosys BPO Limited
Type Subsidiary - Public NASDAQINFY
BSE: 500209
Founded 2002
Headquarters Electronic City, Bengaluru, India
Key people Amitabh Chaudhry, MD & CEO
Swaminathan D, Sr. VP
Services Business Process Outsourcing
Revenue $250.28 million (FY 07-08)
Employees 17,534 (As on 30 Sep, 2008)
Website www.infosys.com/bpo

Infosys BPO Limited (formerly Progeon Limited) is the BPO (Business Process Outsourcing) subsidiary of Infosys Technologies Ltd.. Infosys BPO closed FY 07-08 with a revenue of $ 250.3 million with 11 centers worldwide employing 16,295 employees and 44 clients.


History

The company was started as Progeon Limited in April 2002 and is today among the top third-party BPOs in India according to NASSCOM. It was started as a 74% and 26% joint venture between Infosys and Citibank Investments. In 2006 Infosys bought out Citibank's share at a price of Rs 592 per share, Citi having invested at Rs 0.20 per share. Initially, the CEO was Akshaya Bhargava, who was formerly in Citibank. Bhargava left the organisation in 2005 and Amitabh Chaudhry, the COO took over as the CEO.

It has its headquarters in Bangalore and has operations in



External links


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