Quatrro BPO Solutions is betting big on mid-market segments for driving growth and is on the lookout for acquisitions in North America to strengthen its portfolio.
"We are looking for acquisition to offer new services. These acquisitions will be probably in North America and we are looking at companies that are offering their services to mid-size businesses. The new services will be related to our current offering," Quatrro Chairman and Managing Director Raman Roy told reporters here on the sidelines of the TiE Entrepreneurial Summit 2010.
Currently, Quatrro offers services in the field of mortgage, accounting, technology support, fraud control, information management and testing services.
The company plans to use the funds accrued through an investment of $13 million from Olympus Capital, Walden International and other investors, which it received earlier this year. Quatrro has a presence in India, Sri Lanka, China and the US.
The company is also looking at developing business in the Indian market.
"Though there is ample opportunity in emerging markets, especially BRIC countries, but among emerging market, we are only looking at developing business in Indian market, Roy said.
Quatrro will look at partnering with state government to drive its business in the country.
"We are thrilled with Bihar growth story. We would like to work with this kind of state government because they have attitude for development and they are listening," he said.
