Harnessing Value of Rural India HarVa Acquires Empowering Outsourcing SourcePilani

Gurgaon based rural start up HarVa with an integrated model combining skill development, Rural BPOs, community farming and microfinance announced its acquisition of leading rural BPO provider SourcePilani for an undisclosed amount in cash and stock.
HarVa Gurgaon acquires SourcePilani
HarVa Gurgaon acquires SourcePilani
Feb. 27, 2011 - PRLog -- SourcePilani is a for-profit village based business process outsourcing company that leverages low cost rural talent and inexpensive infrastructure to provide BPO services to companies at an unmatched price. Setup in 2007, SourcePilani has grown to a 55-seater unit and has built strong service capabilities in niche BPO verticals such as medical transcription, social media monitoring and regional language voice services. SourcePilani operates out of Rajasthan, and has an impressive list of clients like Microsoft, NetCustomer, Hilbroy Advisors, and the Rajasthan Government.

With this acquisition, HarVa, which already has its presence in Haryana, Uttrakhand and UP will expand its footprint in Rajasthan as well. The company will retain SourcePilani’s legacy along with its brand name, clients and business.

Established in 2007, SourcePilani is one of India's pioneering BPOs, which has been acclaimed at national and international levels for demonstrating the possibility of forging mutually beneficial linkages between corporate and rural India.  Ajay Chaturvedi, Founder and Chairman of HarVa, said, “SourcePilani’s established track record, and ability in servicing higher skill sets for clients will be leveraged by HarVa. It also complements HarVa's current abilities.”

Chaturvedi added that SourcePilani founder Manoj Vasudevan will continue onboard as an alumnus, mentor and advisor.

“We have been discussing this for some time now. Given that both Ajay and I are alums of BITS Pilani, we share a common passion and link to our alma mater.  SourcePilani is close to a lot of BITSians’ hearts. Some have worked with it, some advised while some have just been a part of growth from the beginning. HarVa has a comprehensive business model and a larger vision. We will preserve the SourcePilani legacy and everything will continue the way it has been,” said Manoj Vasudevan, Founder & CEO, SourcePilani.

Their immediate short term plan is to expand to 3 more states and add 2500 seats.

For more details about HarVa see http://www.harva.co.in/  and SourcePilani see http://sourcepilani.com/

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HarVa is a unique and first of its kind Rural Enterprise that focuses on creating value in non or low agricultural areas where none or little existed. Founded in 2009, HarVa is well poised for growth in the near future. For more details about HarVa see http://www.harva.co.in/
Source:Business Chronicle
Email:***@harva.co.in Email Verified
Tags:Harva, Sourcepilani, Bpo, Rural, Microfinance, Gurgaon, Pilani, Rajasthan, Haryana, MICROSOFT, Netcustomer, Hilbroy UP
Industry:Business, Software, Finance
Location:Gurgaon - Haryana - India

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