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March 07, 2004

The Zenta Group story

The Philadelphia Inquirer has profiled US and India-based Business Process Outsourcing (BPO) firm Zenta Group. The article provides some hitherto unknown facts about Zenta as well as some good PR for the company's offshore operations.

Zenta was originally founded as a subsidiary of Mumbai-based real estate development firm The Hiranandani Group. Priya Hiranandani (Age: 27) serves as the company's CEO. Intrepid Capital Partners LLC, a venture capital firm founded by Warren "Pete" Musser (who earlier founded Safeguard Scientifics Inc.) and Non-Resident Indian Cyrus K. Vandrevala, acquired a 50% stake in Zenta in September 2002 for an undisclosed amount. Hiranandani and Vandrevala married in February 2003, according to the Philadelphia Inquirer article.

US-based debt collection firm NCO Group (formerly known as National Collection Office) is one of Zenta's largest customers. The company, which currently employs 1,900 (and recruits about 120 each week) expects to go public by year end.

Click Here to read the Philadelphia Inquirer article.

Click Here to visit the Zenta Group web site.