eClerx

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eClerx Services Limited
TypePublic
BSE: 532927
NSE: ECLERX
FoundedMarch, 2000
FounderPD Mundra
Anjan Malik
HeadquartersMumbai, India
Number of employees
8500+

eClerx Services Ltd. is an Indian IT consulting and outsourcing multinational company based in Mumbai and Pune engaged in providing solutions[buzzword] 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. The company listed on the bourses on Monday, 31 December 2007.

History[]

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 on June 2021, its total headcount was 12740.[3]

EClerx was granted approval by SEBI for buy back of its shares for Rs 3030 million.[6][7]

Acquisitions and Operations[]

In April 2012, eClerx acquired Agilyst Inc to grow its footprint in the U.S. cable and telecom industry.[8] On 31 March 2015, eClerx acquired Creative Services Agency CLX Europe, for a total purchase consideration of up to EUR 25 million.[9]

In December 2020, it entered into agreement to purchase US-based company engaged in providing digital marketing and back office services, Personiv.[10][11]

References[]

  1. ^ "eClerx Services sets Rs 270-315 band". The Hindu Business Line. Archived from the original on 1 July 2009. Retrieved 16 July 2010.
  2. ^ "An inside look at how Covid-19 affected life at eClerx and how they recovered". uktech.news. 13 September 2021. Retrieved 29 October 2021.
  3. ^ a b "eClerx Services hits the roof after Q1 results, share buyback". business-standard.com. 16 August 2021. Retrieved 29 October 2021.
  4. ^ "eClerx Services Locked In 20% Upper Circuit After March Quarter Earnings". ndtv.com. 11 June 2021. Retrieved 29 October 2021.
  5. ^ "eclerx-services-rallies-20-after-robust-q4-numbers/articleshow/83423201.cms". economictimes. 11 June 2021. Retrieved 29 October 2021.
  6. ^ "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.
  7. ^ "Share Buyback: eClerx board approves share buy back at price not exceeding ~3200 per share". dsij.in. 15 August 2021. Retrieved 29 October 2021.
  8. ^ Our Bureau. "eClerx acquires US-based Agilyst". The Hindu Business Line.
  9. ^ Our Bureau. "eClerx buys CLX Europe for €25 m". The Hindu Business Line.
  10. ^ Kapur, Narinder (15 December 2020). "KPO firm eClerx to acquire US-based Personiv for $34 mn". vccircle.com. Retrieved 29 October 2021.
  11. ^ "Business Process Management Leader, eClerx, Acquires Texas-Based Personiv". prnewswire.com. 24 December 2020. Retrieved 29 October 2021.
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