eClerx
 | |
| Company type | Public |
|---|---|
| BSE: 532927 NSE: ECLERX | |
| Industry | Information technology and Outsourcing |
| Founded | March, 2000 |
| Founder | Anjan Malik and Priyadarshan Mundhra |
| Headquarters | Mumbai, Maharashtra India |
Area served | Worldwide |
Key people | Shailesh Kekre (Chairman) Kapil Jain (CEO) |
| Revenue |  802.83 crore 2024 |
| 111.61 crore 2024 | |
Number of employees | 17000 (2024) |
| Website | eclerx |
eClerx is an Indian IT consulting and outsourcing multinational company based in Mumbai and Pune engaged in providing solutions to Fortune 500 companies business process management, automation and analytics services .[1] eClerx is a public limited company whose shares are listed on the Bombay Stock Exchange and National Stock Exchange of India.
History
[edit]eClerx was founded in year 2000[2] for providing services relating to business process management, automation and analytics to companies engaged in providing financial services, retail, communications, media & entertainment, fashion, manufacturing, travel & leisure and technology companies.[3][4][5]
As of May 2024, its total headcount was reported as 17000.[6]
eClerx was granted approval by SEBI for buy back of its shares for Rs 3030 million.[7][8]
Products and Services
[edit]IT Services: eClerx provide IT services.
Business Process Outsourcing (BPO): eClerx runs BPO services as well.
Finance: eClerx deals in Financial services also to their customer .
Acquisitions and operations
[edit]In April 2012, eClerx acquired Agilyst Inc to grow its footprint in the U.S. cable and telecom industry.[9] On 31 March 2015, eClerx acquired Creative Services Agency CLX Europe, for a total purchase consideration of up to EUR 25 million.[10]
In December 2020, it entered into agreement to purchase US-based company engaged in providing digital marketing and back office services, Personiv.[11][12]
References
[edit]- ^ "eClerx Services sets Rs 270-315 band". The Hindu Business Line. Archived from the original on 1 July 2009. Retrieved 16 July 2010.
- ^ "An inside look at how Covid-19 affected life at eClerx and how they recovered". Uktech.news. 13 September 2021. Retrieved 29 October 2021.
- ^ "eClerx Services hits the roof after Q1 results, share buyback". Business-standard.com. 16 August 2021. Retrieved 29 October 2021.
- ^ "eClerx Services Locked In 20% Upper Circuit After March Quarter Earnings". Ndtv.com. 11 June 2021. Retrieved 29 October 2021.
- ^ Nahar, Pawan. "eClerx Services rallies 20% after robust Q4 numbers". The Economic Times. Retrieved 5 June 2022.
- ^ "eClerx's FY22 revenue stands at INR 2,184.4 crore and net profit up by 47.7% at INR 417.4 crore" (PDF). Eclerx.com. Retrieved 5 June 2022.
- ^ "eClerx Services gets SEBI approval to open buyback offer of Rs3030 million on October 18; Stock climbs 3%". Indiainfoline.com. 11 October 2021. Retrieved 29 October 2021.
- ^ "Share Buyback: eClerx board approves share buy back at price not exceeding ~3200 per share". Dsij.in. 15 August 2021. Retrieved 29 October 2021.
- ^ Our Bureau. "eClerx acquires US-based Agilyst". The Hindu Business Line.
- ^ Our Bureau (31 March 2015). "eClerx buys CLX Europe for €25 m". The Hindu Business Line.
- ^ Kapur, Narinder (15 December 2020). "KPO firm eClerx to acquire US-based Personiv for $34 mn". Vccircle.com. Retrieved 29 October 2021.
- ^ "Business Process Management Leader, eClerx, Acquires Texas-Based Personiv". Prnewswire.com. 24 December 2020. Retrieved 29 October 2021.