Last month, Essar sold off its stake in outsourcing major Aegis to Capital Square. Andm, KKR sold its stake in product engineering company Aricent after building it into a lucrative company over almost a decade.While the business process outsourcing/business process management (BPO/BPM) and information technology-enabled services (ITeS) sector has long moved past its heyday in India, there is still a sizable investment in these companies from investment bigwigs. "The IT/BPM sector offers opportunities to venture capital (VC) entities, large equity players and strategic investors. VCs can invest in early-stage companies looking to innovate and scale up. Typically, companies with a top line below $50 million," said sector veteran Raman Roy, chief executive of Quattro.He adds that strategic acquirers (like large info tech companies) see big opportunity in start-ups and early-stage companies to improve their own capability and capacity. Whereas large private equity (PE) players see more ..
