$32.5 million investment in Azure Knowledge, an ITES player in the city

August 16th, 2008 Posted in Development

Ahmedabad: Greater Pacific Capital (GPC), a London-based strategic investment firm has announced its $32.5 million investment in Azure Knowledge, an ITES player in the country and the largest BPO and KPO in the state of Gujarat.

The investment, which will be made over the next 12-18 months, is claimed to be the biggest investment in a 3rd party KPO in western India till date. This is following Azure’s successful acquisition of 49 percent stake in U.S. based Citizens Financial Mortgage in April 2008.

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