BPO firm ExlService Holdings, Inc on Wednesday sought to assure its employees that there are no current plans to “solicit strategic transactions to sell the company”. The letter to employees comes amid media reports that large PE investors such as Oak Hill and BlackRock, as well as the company Executive Chairman, Mr Vikram Talwar, were looking to offload their stakes.

The company, in a communication to its employees, said, “ExlService and its entire management team and board are fully focused on the growth and development of our business, and we urge you not to be distracted from providing our clients with the high quality service they have come to expect from us.”