BUSINESS
OnProcess Technology Inc, a US-based IT company in the field of supply chain and logistics management, is looking for acquisition opportunities in India.
"We are targeting companies of sizes up to about $25 million with staff strength of about 250-300 in verticals in which we are already present," said Edward Barry, chief executive officer, OnProcess.
The company entered India three years ago by buying out BPO outfit BNKe Solutions.
With clients like McAfee, Lexmark, Verizon, Alcatel, Cisco, Dell, GE Healthcare, HP, Suzlon and Everest, OnProcess has seven global delivery centres in Massachusetts in the US, Sofia in Bulgaria among other places apart from two centres in Kolkata providing services like inbound service triage, service order management, management of component, labour dispatch, reverse logistics and asset retrieval.
OnProcess is also expanding in India by setting up a second base in Noida.
"We started off in India three years ago, acquiring BNKe Solutions based out of Kolkata with staff strength of about 350 people. It was a seamless integration for us. Since then we have expanded operations, and now Kolkata OnProcess has over more than 1,500 professionals. We have two centres in Kolkata and we are planning to set up another base, in Noida, which is expected to be ready between January and March 2015," Barry said.
The Noida centre would be mainly for maintaining business continuity as the company has to provide 24x7 uninterrupted services. "We are growing and as per our current global trends we would expand our Kolkata facility, hiring close to 400 within a year," he said.
Currently, OnProcess has a staff strength of 2,200 across its global centres and its businesses are growing at 26-20% annually.
"Over the last two years, we transformed our company from a primarily reverse logistics company to offering a host of service offerings in supply chain management," Barry said.
Apart from India, OnProcess is planning to grow in other countries as well.
"Globally, we are expanding in Costa Rica and considering the Philippines. While we were also thinking about China but that might not happen," Barry said.
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