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March 21, 2013

Deal Alert: KPO firm Aranca to raise PE for expansion

Aranca, a Mumbai-based Knowledge Process Outsourcing (KPO) firm, is looking at raising private equity in 8-10 months time to expanding its services to Latin America and China, both organically and inorganically. The company, which provides third party investment research and valuation for brokerages, financial institutions and private equity firms, plans to set up two delivery centers in these markets. 

The company, which also provides research on IPRs.(intellectual property rights), is also doing due diligence on acquisitions and will be appointing a merchant banker soon. 

Source: Business Line
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