Back-office service provider Hinduja Global Solutions (HGS) is looking at acquisitions in Latin America to build digital capabilities and expand on-shore delivery in the region.
The Rs 2,770 crore business process management solution provider currently has more than 4,000 employees servicing its customers in the US through 9 delivery centres. The company has a surplus cash on the books worth nearly Rs 440 crore as on December 31, 2016.
“We are now looking at Latin America for inorganic growth. There is cash on the balance sheet. Our current focus is on inorganic growth and we acquired firms in Philippines, Canada