WNS Global Services

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WNS Global Services
TypePublic
NYSE: WNS
IndustryBusiness process management, outsourcing, IT consulting
Founded1996
Headquarters
Mumbai, India[1]
Area served
Worldwide
Key people
Adrian T. Dillon
(Chairman)
Keshav R Murugesh
(Group CEO)
RevenueIncrease US $253.2 million (2021-2022 First Quarter)[2]
Number of employees
46,918 (30 June 2021)[2]
Websitewww.wns.com
www.wnsdecisionpoint.com

WNS (Holdings) Limited (NYSE: WNS) is a global business process management company with its headquartered in Mumbai, India. The company has its expansion with 60 delivery centers worldwide.[3]

History[]

WNS was founded in 1996 by British Airways as Speedwing World Network Services in Mumbai. In May 2002, a 70% shareholding was sold to Warburg Pincus.[4]

  • 1999 – Launches delivery centre in Pune, India.[5]
  • 2004 – Sets up new centres in Colombo in Sri Lanka and Gurugram in India.[6]
  • 2006 – Initial public offering listing on the NYSE, the first Indian business process outsourcing company to be listed on the exchange. It raises about $224 million at $20 per ADS.[7]
  • 2008 – Launches new delivery centres in the Philippines and Romania and Acquires Aviva Global Services, BizAps (SAP consulting) and Call 24/7 in U.K.[citation needed]
  • 2012 – Sets up first delivery centre in North America to service US clients.[8] It also sets up a centre in Poland
  • 2013 – Launches new centre in China[9] and Warburg Pincus sells its entire stake in WNS.
  • 2014 – Launches new centre in Pennsylvania.[10]

Acquisitions[]

  • 2003: WNS acquires Town & Country Assistance Limited; a UK-based automobile claims handling company[citation needed]
  • 2004: Acquired the health business of Greensnow.[citation needed]
  • 2006: Acquired Trinity Partners Inc, a provider of BPO services to financial institutions, the fare audit services business from PRG Airlines; and the financial accounting business from GHS Holdings LLC.[citation needed]
  • 2007: Acquires Marketics, a provider of offshore analytics services.[citation needed]
  • 2008: Acquires Accidents Happen Assistance Limited, or AHA (formerly known as Call 24-7); BizAps, a provider of systems applications and products; and finally Aviva Global Services.[citation needed]
  • 2011: Acquires shares from joint venture partner, Paxys, Inc., and assumed full control of the Philippines centre.[citation needed]
  • 2012: Takes over Fusion Outsourcing Services in South Africa.[11][12]
  • 2016 – Acquired Value Edge.[13]
  • 2017 – Acquired Denali Sourcing Services and HealthHelp.[14]

References[]

  1. ^ "Contacts, locations". WNS. Archived from the original on 15 October 2018. Retrieved 15 January 2013.
  2. ^ Jump up to: a b "WNS ANNOUNCES FISCAL 2022 FIRST QUARTER EARNINGS, REVISES FULL YEAR GUIDANCE". WNS. Retrieved 15 July 2021.
  3. ^ "A Bet on India". Forbes. Archived from the original on 4 September 2018. Retrieved 21 July 2006.
  4. ^ Warburg Pincus acquires WNS Stake Archived 27 September 2020 at the Wayback Machine Private Equity International 28 May 2002
  5. ^ "Mr. Keshav R. Murugesh, Group CEO, WNS Group". India Infoline. Archived from the original on 22 December 2014. Retrieved 21 December 2014.
  6. ^ "Sri Lanka embraces outsourcing". BBC. Archived from the original on 5 March 2016. Retrieved 13 July 2004.
  7. ^ "WNS Holdings debuts on NYSE". Economic Times. Archived from the original on 25 December 2014. Retrieved 27 July 2006.
  8. ^ "WNS Global Services opens up new facility in South Carolina". Economic Times. Archived from the original on 25 December 2014. Retrieved 28 May 2012.
  9. ^ "WNS Global Services, Aegis & Genpact look to build out operations in China". Economic Times. Archived from the original on 25 December 2014. Retrieved 9 August 2013.
  10. ^ "Expansion of WNS Facility to bring over 300 jobs to Luzerne County". Penn’s Northeast. Retrieved 4 January 2016.
  11. ^ "WNS buys South Africa-based Fusion for GBP 10 million". The Hindu Business Line. Archived from the original on 12 March 2021. Retrieved 19 January 2015.
  12. ^ "WNS acquires SA based Fusion Outsourcing for £10 million". BPeSA. Archived from the original on 14 April 2016. Retrieved 5 July 2012.
  13. ^ "WNS buys Value Edge Research for about $17.5 million". Economic Times. Archived from the original on 24 April 2016. Retrieved 21 April 2014.
  14. ^ "WNS acquires HealthHelp for $95 million". The Hindu. Archived from the original on 12 November 2020. Retrieved 15 March 2017.

External links[]

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