Financial Daily from THE HINDU group of publications
Thursday, Aug 18, 2005

News
Features
Stocks
Port Info
Archives
Google

Group Sites

Info-Tech - Off-shore Development


UK's Ventura sets up offshore centre in Pune

Our Bureau

Pune , Aug. 17

CUSTOMER management outservices company Ventura has begun its Indian operations in Pune. The new company is part of Ventura UK and would be known as Ventura (India) Private Ltd.

Ventura is a wholly-owned subsidiary of NEXT Plc. This is the first offshore centre outside the UK.

Mr Anupam Arun, Country Head, told presspersons that the company had set up its 1,30,000 sq ft area office in Kalyani Nagar, an upcoming IT hub in the city.

Ventura has invested £10 million in the Indian operations. Mr Arun said currently, the company had over 300 employees to service a couple of clients. By March 2006, it was looking at ramping up the employee strength to 1,000 and to 2,000 by March 2007.

He said the company expected about 20 per cent of Ventura's business to come from the Indian operations. Ventura's total turnover for the fiscal 2004 was £131 million as against £112 million in 2003, an increase of 17.7 per cent.

To begin with, the company would offshore business in the travel and leisure sectors.

The customer services processes undertaken would include application processing, payment processing, back office collections and data management.

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page


Stories in this Section
SSI shareholders okay pref issue to promoters


EMC sees headroom for growth here
Sony Ericsson mobile can sing and click too
BSNL to go in for additional 6 cr mobile phone lines
FLAG complains to TRAI about VSNL blocking access
Indicom Gem unveiled in Kerala
`Techno city' to be set up near Capital
Sasken joins ARM program
PIB Malayalam site launched
SoftBank arm buys 14 pc stake in VisualSoft for Rs 35.5 crore
SumTotal eyes more buys, to invest $10 m more
Sahara Computers buys distribution co
UK's Ventura sets up offshore centre in Pune
Digital library plan — Has Google bitten off more than it could chew?


The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | Business Line | The Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright © 2005, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line