Raman Roy to lay his hands on gaming

Business Standard -October 4, 2007
The father of Indian outsourcing, Raman Roy, is ready to step into the field of offshoring for gaming firms. His business process outsourcing (BPO) outfit, Quatrro, is all set to offer back-office services to gaming companies.

Roy said: “Little work is being done in offshoring on the gaming side and it holds a huge potential for us. We are a BPO, hence we will naturally provide back-office functions such as software testing and implementation for large and small gaming companies.”

The foray is expected soon. Raman Roy said the company might grow organically or through acquisitions. He, however, added that the company was “already in talks with various companies”.

According to company executives, the company is eyeing an acquisition in the US. The details of the deal, however, were not divulged. The company is also close to sealing a deal in the US for its finance and accounting area. According to the sources, the deal is likely to come through in the next two to three months.

Quatrro currently offers processing capabilities across India, the US, Sri Lanka, China, Singapore and Dubai in BPO areas such as FAO, mortgage, technical support and banking, among others. And in line with its “beyond the existing” strategy, the company is looking to extend its reach to new areas such as legal, risk management and data analytics besides gaming.

Quatrro had recently acquired the mortgage technology platform and onshore-offshore loan processing operations of the US-based Preferred Financial Group. Raman Roy’s company had also bought out Mauritius-based fund eIndia’s stake in Chennai-based Scope eKnowledge, a knowledge process outsourcing (KPO) firm in April this year.

With private equity investments of over $300 million, Quatrro is on track to use the means of “build acquire and align” to grow.

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