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WNS Global Services 
Summary
WNS (Holdings) Limited (NYSE: WNS) is an Indian multinational business process management company headquartered in Mumbai, India.
 | |
| Company type | Public |
|---|---|
| NYSE: WNS | |
| Industry | Business process management, outsourcing, IT consulting |
| Founded | 1996 |
| Headquarters | |
Area served | Worldwide |
Key people | Timothy Main[2] (Chairman) Keshav R Murugesh[2] (Group CEO) |
| Revenue |  US $1,224.3 million[3] |
Number of employees | 59,755 (March 31, 2023)[3] |
| Website | https://www.wns.com |
History edit
WNS was founded in 1996 by British Airways as Speedwing World Network Services in Mumbai. In May 2002, a 70% shareholding was sold to Warburg Pincus.[4]
- 1999 – A delivery centre was launched in Pune, India.[5]
- 2004 – New centres were set up in Colombo in Sri Lanka and Gurgaon in India.[6]
- 2006 – Initial public offering listing on the NYSE, the first Indian business process outsourcing company to be listed on the exchange. It raised about $224 million at $20 per ADS.[7]
- 2012 –The first delivery centre in North America was set up to service US clients.[8] During this year, a centre was also set up in Poland.
- 2013 – Launched a new centre in China[9] and Warburg Pincus sells its entire stake in WNS.
- 2014 – Launched a new centre in Pennsylvania.[10]
Acquisitions edit
- 2012: Took over Fusion Outsourcing Services in South Africa.[11][12]
- 2016: Acquired Value Edge.[13]
- 2017: Acquired Denali Sourcing Services and HealthHelp.[14]
- 2022: WNS acquires Vuram, an enterprise automation services company,[15] The Smart Cube, a London-headquartered provider of platform-driven research and analytics[16] and OptiBuy, a Europe-based provider of procurement platform consulting and implementation solutions.[17]
References edit
- ^ "Contacts, locations". WNS. Archived from the original on 15 October 2018. Retrieved 15 January 2013.
- ^ a b "Board of Directors". WNS. Retrieved 9 July 2023.
- ^ a b "WNS Announces Fiscal 2023 Fourth Quarter and Full Year Earnings, Provides Guidance for Fiscal 2024". WNS. Retrieved 27 April 2023.
- ^ Warburg Pincus acquires WNS Stake Archived 27 September 2020 at the Wayback Machine Private Equity International 28 May 2002
- ^ "Mr. Keshav R. Murugesh, Group CEO, WNS Group". India Infoline. Archived from the original on 22 December 2014. Retrieved 21 December 2014.
- ^ "Sri Lanka embraces outsourcing". BBC. 13 July 2004. Archived from the original on 5 March 2016. Retrieved 13 July 2004.
- ^ "WNS Holdings debuts on NYSE". Economic Times. Archived from the original on 25 December 2014. Retrieved 27 July 2006.
- ^ "WNS Global Services opens up new facility in South Carolina". Economic Times. 28 May 2012. Archived from the original on 25 December 2014. Retrieved 28 May 2012.
- ^ "WNS Global Services, Aegis & Genpact look to build out operations in China". Economic Times. Archived from the original on 25 December 2014. Retrieved 9 August 2013.
- ^ "Expansion of WNS Facility to bring over 300 jobs to Luzerne County". Penn’s Northeast. Retrieved 4 January 2016.
- ^ "WNS buys South Africa-based Fusion for GBP 10 million". The Hindu Business Line. Archived from the original on 12 March 2021. Retrieved 19 January 2015.
- ^ "WNS acquires SA based Fusion Outsourcing for £10 million". BPeSA. Archived from the original on 14 April 2016. Retrieved 5 July 2012.
- ^ "WNS buys Value Edge Research for about $17.5 million". Economic Times. Archived from the original on 24 April 2016. Retrieved 21 April 2014.
- ^ "WNS acquires HealthHelp for $95 million". The Hindu. 15 March 2017. Archived from the original on 12 November 2020. Retrieved 15 March 2017.
- ^ "WNS Expands Intelligent Automation Capabilities with Acquisition of Vuram - WNS Holdings Ltd". Benzinga. Retrieved 1 July 2022.
- ^ "WNS acquires The Smart Cube to enhance digital analytics and procurement capabilities - Manufacturing & Logistics IT Magazine". www.logisticsit.com. Retrieved 19 December 2022.
- ^ "WNS PRESS RELEASE".
External links edit
- Official website