Info-tech

Pangea3 to hire 700 more this year

Adith Charlie Mumbai | Updated on May 10, 2011 Published on May 10, 2011




Legal process outsourcing company Pangea3, which was recently acquired by Thomson Reuters, aims to double its headcount this year in order to cater to the sustained rise in demand for its services.

The Mumbai-based company will add another 700 staffers during the course of the current financial year, thereby taking its overall headcount to 1,400, Mr Sanjay Kamlani, Co- Chief Executive Officer, told Business Line.

“We have seen an over 100 per cent growth in our revenues for the last few years now and we expect the trend to continue this year as well. We are seeing increased acceptance in mature geographies such as the US and the UK while newer markets such as Australia are also evincing interest,” said Mr Kamlani.

Pangea3 will make majority of the additional hirings at its centres in Mumbai and Noida. Also in the works is a new centre in South India, said Mr Kamlani.

The company will also add staff with capabilities in French and German as it sees strong demand from clients in Continental Europe, he added.

It may be recalled that Thomson Reuters had agreed to acquire Pangea3 in November last year as part of a deal said to be worth $100 million.

So how has life changed at Pangea3 post the transaction? Mr Kamlani says that the management team at Pangea3 has not changed and that his company will operate as a unit of Thomson Reuters.

“There is a still a perceived risk when it comes to off-shoring…a brand like Thomson Reuters gives clients an additional cushion. Moreover, this deal gives our lawyers in India the opportunity to go abroad and work on live assignments in Europe, the US and Asia-Pacific,” said Mr Kamlani.

Published on May 10, 2011
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