One Point One Solutions Acquires ITCube Solutions
Pune, India, Feb 23, 2024: In a strategic move aimed at bolstering its global presence and market leadership, One Point One Solutions, a prominent player in next-generation Business Process Management (BPM) services, has announced the acquisition of a majority stake in ITCube Solutions Pvt Ltd. This landmark acquisition, valued at Rs. 84 crore, marks a significant milestone for both companies and is poised to fuel growth and innovation in the IT services sector.
ITCube Solutions, headquartered in Pune and Cincinnati, Ohio, is renowned for its comprehensive suite of IT + BPM/KPO services, catering to a diverse clientele across the globe. With over two decades of experience and a team of 600+ professionals, ITCube Solutions has carved a niche for itself in delivering cutting-edge solutions in the Healthcare and Construction domains. The company boasts an impressive track record, serving over 30 leading brands spanning countries such as the USA, England, Netherlands, Germany, Kuwait, Oman, UAE, Qatar, India, Singapore, and Australia.
Commenting on the acquisition, Akshay Chhabra, Managing Director of One Point One Solutions, highlighted its strategic significance in expanding the company’s verticals and enhancing its capabilities to cater to clients across diverse industries. He emphasized the synergies between the two organizations, envisioning a collaborative approach towards driving innovation and delivering unparalleled value to clients and stakeholders.
This acquisition not only reinforces One Point One Solutions‘ commitment to innovation and growth but also positions the company as a global leader in BPO, KPO, and IT services. By leveraging the combined expertise, resources, and talent pool of both organizations, the company aims to set new benchmarks for excellence and drive transformative outcomes in the global marketplace.
With India emerging as a preferred destination for setting up Global Capability Centers (GCCs) and the global healthcare BPM market witnessing robust growth, this strategic move is well-timed to capitalize on emerging opportunities and drive value creation for stakeholders. By staying agile, adaptable, and forward-thinking, One Point One Solutions is poised to navigate the complexities of the global landscape and emerge as a dominant player in the IT services sector.