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eClerx

From EverybodyWiki Bios & Wiki

eClerx
Public
Traded asBSE532927
NSEECLERX
ISIN🆔
IndustryInformation technology
Outsourcing
Founded 📆March 2000
Founders 👔Anjan Malik
Priyadarshan Mundhra
Headquarters 🏙️Mumbai, Maharashtra India
Area served 🗺️
Worldwide
Key people
Shailesh Kekre (Chairman)
Kapil Jain (CEO)
Revenue🤑 Increase 2,925 crore (US$410 million) (2024)
Increase 511 crore (US$71 million) (2024)
Members
Number of employees
17,000 (2024)[1]
🌐 Websiteeclerx.com
📇 Address
📞 telephone
Footnotes / references
Financials as of 31 March 2024.[2]

eClerx is an Indian IT consulting and outsourcing multinational company based in Mumbai and Pune. It is engaged in providing business process management, automation and analytics services.[3] eClerx is a public limited company whose shares are listed on the Bombay Stock Exchange and National Stock Exchange of India.

History

eClerx was founded in 2000[4] 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.[5][6][7]

eClerx was granted approval by SEBI for buy back of its shares for Rs 3030 million.[8][9]

Acquisitions

In April 2012, eClerx acquired Agilyst Inc, a US-based knowledge process outsourcing firm.[10] On 31 March 2015, eClerx acquired Creative Services Agency CLX Europe, for €25 million.[6]

In December 2020, it entered into agreement to purchase US-based company engaged in providing digital marketing and back office services, Personiv.[11]

References

  1. "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.
  2. "eClerx Services shares drop 5% as IT firm announces share buyback, Q4 show". Business Standard. Retrieved 20 November 2024.
  3. "eClerx Services sets Rs 270-315 band". The Hindu Business Line. Archived from the original on 1 July 2009. Retrieved 20 November 2024. Unknown parameter |url-status= ignored (help)
  4. "An inside look at how Covid-19 affected life at eClerx and how they recovered". Uktech.news. 13 September 2021. Retrieved 29 October 2021.
  5. "eClerx Services hits the roof after Q1 results, share buyback". Business-standard.com. 16 August 2021. Retrieved 29 October 2021.
  6. 6.0 6.1 "eClerx Services Locked In 20% Upper Circuit After March Quarter Earnings". Ndtv.com. 11 June 2021. Retrieved 29 October 2021.
  7. Nahar, Pawan. "eClerx Services rallies 20% after robust Q4 numbers". The Economic Times. Retrieved 5 June 2022.
  8. "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.
  9. "Share Buyback: eClerx board approves share buy back at price not exceeding ~3200 per share". Dsij.in. 15 August 2021. Retrieved 29 October 2021.
  10. Our Bureau. "eClerx acquires US-based Agilyst". The Hindu Business Line.
  11. Kapur, Narinder (15 December 2020). "KPO firm eClerx to acquire US-based Personiv for $34 mn". Vccircle.com. Retrieved 29 October 2021.


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