Valuemart Info Technologies acquires Datatalk

BANGALORE: Valuemart Info Technologies Ltd, a Bangalore based IT & BPO Company, today announced that it has acquired a 74 per cent stake in Datatalk Services (India) Pvt Ltd. Post acquisition, Datatalk will be a subsidiary of Valuemart.

Datatalk, a Bangalore based BPO, offers direct marketing, customer acquisition and retention and telemarketing services in the domestic market to prestigious clients like Airtel, Club Mahindra, Deutsche Bank, Nestle, Pepsi, Tektronics and Zee Television among others. Datatalk currently operates a 100-seat facility in Bangalore and will set up an additional 200-seats capacity for its clients in Bangalore and Hyderabad in the next six months.

Announcing this, C K Vasudevan, managing director, Valuemart said, “The acquisition will help us to acquire premium clients and broad base our service offerings in the BPO segment. In July 2007, Valuemart successfully completed a preferential issue and raised Rs. 6 crores from strategic investors.

These funds will be partly utilized for the acquisition. Valuemart is an IT and BPO solutions company with offerings in ERP and new generation patent pending technologies such as BPM. Its key competencies are in the Banking, Financial Services, Insurance, Legal and Manufacturing Verticals.