Mumbai, June 05: Software company 3i Infotech on Friday said it will set up a wholly-owned business processing outsourcing (BPO) subsidiary, which will provide services to the banking, financial, insurance and telecom sectors in India.
All the company`s BPO businesses would be managed through 3i Infotech`s wholly-owned BPO subsidiary, the firm said in a filing to the Bombay Stock Exchange.
"The BPO subsidiary...would enable us to offer the complete range of business process services to our clients and leverage the growth opportunity in BPO, which is experiencing a new upsurge of activity in the domestic market," 3i Infotech Ltd Executive Director and President, South Asia, Anirudh Prabhakaran said.
The company`s BPO subsidiary would offer a wide range of services, including organisaton and data processing, staffing, human resource services and customer relation management.
Shares of 3i Infotech were trading at Rs 86.75, up 4.33 percent on the BSE.
