May 31, 2018
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The economic times
Warburg Pincus makes
$ 1 Billion BPO bet with
3 Genpact veterans
Backing three industry veterans and former Genpact executives Mohit Thukral, Gaurav Sethi and Harpeet Duggal, the marque growth equity investors have agreed to commit up to a billion dollars in funding to launch Vivtera, drawn from a combination of Sanskrit and Latin words “Vivarta” and “Litera” meaning change through knowledge and experience. The platform aims to acquire or partner companies in high-end financial services and fast-growth technology industries in North America, Europe, Japan and Australia.
After off road industrial tyres, oil and gas, financial services, logistics and data centres, Warburg Pincus is turning towards business process management (BPM) to create a brand new global