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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.
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’
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’
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/
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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/