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Indecomm Global Services acquires Brainvisa Technologies |
August 21, 2007, India - Indecomm Global Services (“Indecomm”), a leading international business process outsourcing and services firm, announced today that it has acquired Brainvisa Technologies Private Limited (“Brainvisa”), a leading global eLearning solutions company. This is the second acquisition done by Indecomm Global Services this year after it recently acquired US Recordings, a US-based leading provider of mortgage recording solutions.
Welcoming Brainvisa to the Indecomm Group, Naresh Ponnapa, President and CEO of Indecomm Global Services, said “eLearning is the answer to the global resource crunch for skilled workers and will help the transformation of traditional business models into the e-Business paradigm. Leading companies worldwide are resorting to technology based training solutions to keep their workforce skilled, productive, innovative and competitive. We believe that having Brainvisa in our fold will be the perfect complement to our business goal of optimizing our clients’ business processes, improving productivity and powering their competitiveness in the knowledge economy.”
Commenting on this development Supam Maheshwari, Brainvisa's co-founder and CEO, said “In just over six years, Brainvisa has matured into an integrated end-to-end learning solutions provider. In Indecomm, we have an organization that understands the value that we can create for our customers through well-designed and delivered learning solutions. Indecomm’s innovative and forthright approach to business, its strong relationships with its clients, and its substantial resources will help Brainvisa consolidate its position as a global learning solutions provider. We expect to gain a lot from Indecomm’s global execution model, with its blended onsite, onshore and offshore delivery structure. This association will also will help Brainvisa embark on the next phase of its journey where we expect to see aggressive expansion, both organically and inorganically.”
Brainvisa is one of the largest global Learning solutions companies and helps businesses around the world to increase learning effectiveness by designing and delivering customized learning solutions aligned to specific business objectives. Brainvisa’s key competencies are its instructional design and end-to-end learning solutions. Brainvisa, one of the fastest growing learning solution company, currently has a 450-strong development team in two state-of-the-art development centers in India. Brainvisa offers end-to-end blended learning solutions which includes Consulting & Training Needs Analysis, Design and Development, Deployment and Maintenance in aviation, logistics, pharmaceutical, BFSI, telecom and technology verticals. It has presence in the United States, UK, Europe, the Middle East, and Australia. Brainvisa’s client roster includes leading Fortune 500 companies, who have benefited from Brainvisa’s solutions in achieving a competitive advantage through increased sales, improved productivity, reduced time to market, improved employee retention, and reduced training time.
About Indecomm Global Services
Indecomm Global Services is a leading consulting, business process outsourcing and technology services company with four principal divisions: Mortgage Services; Retail Banking Services; eLearning and Corporate Training; and IT Services. Indecomm’s seamless onshore-offshore technology-enabled operations are the central point of its global delivery model, offering clients both scale and cost advantages. Expertise in imaging and workflow technologies and extensive knowledge of processes and domains has enabled Indecomm to produce significant, measurable business gains for its clients. It has been featured in Red Herring's list of the top 200 private companies in Asia; ranked among the top five emerging services companies by The Indus Entrepreneurs; featured in Fortune Magazine’s 2007 “The Global Outsourcing 100”; and has been recognized for management excellence and its outstanding contribution to industrial development in India. Indecomm is funded by leading global venture capital funds including Sequoia Capital and Tiger Global Management.
Contacts
Indecomm Global Services
Shane Jacob – shane@the-practice.net; Phone: +919342658353
Brainvisa Technologies
Meghna Motiani – Corporate Communication Manager – meghna.motiani@brainvisa.com |
