Intelenet targets USD1bn revenue by 2020

Intelenet Global Services, a business process outsourcing (BPO) giant, is targeting USD1bn in revenue by 2020, by adding nearly USD200m to its revenue in four years. To achieve this, Intelenet plans to mine the portfolio of companies of private equity firm Blackstone which bought Intelenet from Serco for USD383m in 2015. Intelenet has already scaled up its revenues from Blackstone’s portfolio of companies from companies like Hilton Hotels and Travelport. Intelenet is one of India’s biggest BPO firms, employing 55,000 people across 66 global delivery centers. It also operates contact centers in the Philippines.