Altimetrik see its $1bn target revenue fast tracked with TPG on board

Quick Summary:

So far, BFSI has been its strong hold but Altimetrik is also expanding its offering in verticals such as insurance, pharma, auto manufacturing, and retail and CPG.

A major chunk of this investment will also be used in India, which has 70-75 per cent of its engineering headcount.

Sundaresan added that they are working with TPG on a plan that will allow Altimetrik to tap into these opportunities.

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Article Details

Category: BusinessFinance

Markets: India

Topics: Private equity investment IT services Global Capability Centres Global expansion BFSI Digital business Raj Sundaresan Verticals GCCs $1 billion target AI Strategic investment Altimetrik TPG Digital technologies

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-10 @ 19:59:33 (2 weeks ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 561 words

Reading Time: 4 minutes read

Sentences: 26 lines

Sentence Length: 22 words per sentence (average)

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Copyright Owner: © Business Standard

News ID: 21566143

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