The acquisition will allow One Level One Options to develop its present verticals, together with healthcare and IT companies enterprise.
ITCube Options gives software program growth, Enterprise Course of Outsourcing and IT-enabled companies to clients, companions and places of work worldwide.
ITCube, which has places of work in Pune and Ohio (the US), is within the enterprise for over 20 years. The debt-free and worthwhile firm has over 600 professionals servicing the healthcare and building sectors.
The corporate has over 30 main manufacturers throughout the US, England, Netherlands, Germany, Kuwait, Oman, UAE, Qatar, India, Singapore and Australia, with a powerful 10+ shoppers serviced within the final 15 years.
The consolidated turnover of ITCube within the monetary yr ended March 31, 2023, was ₹54 crore with an EBITDA of ₹12 crore.
Akshay Chhabra, Managing Director, One Level One Options, mentioned the strategic transfer not solely gives scope for enterprise growth but in addition signifies the corporate’s dedication to innovation, progress and solidifying presence within the International stage.
The synergies between each corporations will assist navigate future challenges and alternatives impeccably, empowering to ship unparalleled worth to shoppers and stakeholders, he mentioned.
India is without doubt one of the most well-liked locations for organising International Functionality Facilities. The IT trade accounts for 7.4 per cent of India’s GDP and is projected to be 10 per cent in 2025. India additionally accounts for 40 per cent of world sourcing spending.
International Healthcare BPM market, is projected to develop to $491 billion by 2027, at a CAGR of 12 per cent globally. Value optimisation in healthcare corporations is driving progress for outsourcing.
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