BPO giant EXL looks to buy MNC captives

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BPO giant EXL looks to buy MNC captives

Nasdaq-listed BPO major EXL plans to acquire MNC-owned BPOs or captive units that are on offer due to rising costs. EXL Service Holdings is looking to buy captives with revenues of $25-75 million and with capabilities in banking, financial services and insurance (BFSI) - EXL's niche in the industry. The company is all set to shell out $80 million for all its acquisitions.

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