Serco Group Plc , an international services company, said it acquired 60% stake in InfoVision Group, a business process outsourcing company in India, for INR 977 million or GBP 13.3 million in cash. With this acquisition, Serco said it entered into the domestic Indian BPO market and that it intends to launch its brand, both in BPO and as a service provider. Further, the Group stated that outsourced BPO service market is expected to grow around US$1.8 billion over the next five years. Christopher Hyman, Chief Executive of Serco, said, that the company's market entry promises excellent opportunities as India is a substantial, fast-growing economy. […]