CNBC-TV18 learns that UK-based Capita likely to buy Prudential's Indian BPO.
The deal size is about USD 80-100 million. Prudential's Indian BPO staff strength is 1,800.
This news is entirely source-based and we do not have an official conformation from either of the two parties. Prudential said that they do not comment on market rumors or speculation and Capita did not offer any comments at all.
Sources added that the deal value could be anywhere between USD 80-100 million and Prudential’s Indian BPO employees are about 1,800 people.
Prudential has about 20 million customers worldwide and manages assets of about 250 billion pounds globally. So, that is the kind of business that the center does in India.
Capita did have a JV with Mastek. It does currently have and owns about 90% of the JV. They have 42 centers globally and two centers again in India. (Money Control)