 "PE player Blackstone acquires Serco's India BPO unit")
Business process outsourcing (BPO) firm Intelenet Global Services aims to double its revenues to $1 billion by 2020 through acquisitions in digital technologies and on the back of deals from Blackstone portfolio companies.
After it saw an improvement in valuation, back-office service provider Intelenet, backed by private equity investor Blackstone, has renewed its interest in driving growth through acquisitions.
Blackstone had re-purchased India-based BPO operations of the UK's Serco Group Plc for nearly Rs 2,558 crore in 2015, after four years of selling it.
Intelenet, which primarily caters to banking and financial services, travel, and healthcare segments, generates nearly 70
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