The Hindu Business Line : Kale sets up arm for customised software

KALE Consultants Ltd has announced the launch of its subsidiary Synetairos Technologies Ltd, a spin-off of its generic software and professional services business. This move was aimed at providing greater focus and flexibility to the growing software services business.

The Group Chief Executive Officer and Managing Director of the Mumbai-based, Kale Consultants, Mr Vipul Jain, in a statement said: "The new company will focus on generic customised software solutions and

professional services. Synetairos will continue servicing customers like Standard Chartered Bank and EDS. We have sewn up plans for this new venture that will enhance our portfolio of services."

Mr Prakash Alkutkar, who has been driving the banking and projects business for Kale, has been chosen as the CEO of the newly formed company.

Synetairos will work in conjunction with the other group companies of Kale Consultants and Cognosys Software. The synergies from the various divisions will be brought together to provide value to the end customer.

Kale, which has about 550 professionals, provides software products and outsourced services to the travel and transportation industry having 35 plus customers in 30 countries. Its solutions suite includes products for accounting, reconciliation, cargo operations, online travel booking and fare distribution and decision support systems.