3i Infotech Looks To Acquire More Smaller BPOs

Mumbai: 3i Infotech, IT product and services company, intends to increase focus on its business process outsourcing (BPO) operations. While continuing to look at inorganic growth, the Rs 670- crore company will shortly launch a ''solutions'' strategy with cross-selling of its products and services. Formerly promoted by the ICICI Bank, 3i Infotech has till date acquired close to 21 companies in the product and services segments. Unlike its competitors, the company will continue to acquire smaller players rather than the captive BPOs that are on sale. At present, BPO contributes about 9 per cent to the company''s revenues. With more than 500 employees and 20 clients, 3i Infotech is focused on the domestic market. The company has acquired three BPO companies, Delta Services, KNM Services and aok in-house Services.