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NAME: RAMAN ROY
AGE: 49
DESIGNATION: Chairman and MD
STATE: Quatrro Group of Companies |
He
is one of the founding fathers of the $5-billion (Rs 23,000-crore)
Indian business process outsourcing, or BPO, industry that now
employs more than 4 lakh people. Raman Roy, the man in question,
is a chartered accountant by profession and a serial entrepreneur
by "coincidence". According to him, he has written some
108 professional examinations in his life and the sole intention
of getting those degrees was to get a decent job in a multinational
company. Today, he runs more than half-a-dozen businesses, but
that, according to him, "is a pleasant accident".
Roy set up the outsourcing division of American
Express in the early 90s; he moved on to do the same for General
Electric in 1995 (that division, which started with a handful
of people, is now a $500-million, or Rs 2,300-crore, company called
Genpact) and then, finally, set up his own venture, Spectramind,
in 2000. The latter was bought over by Wipro in 2002 and Roy pocketed
a handsome amount; the total value of the deal was reported to
be $102 million (Rs 469.2 crore). He spent some time with Wipro
and in mid-2005, decided to set out on his own yet again. He set
up Raman Roy & Associates; it was rechristened Quatrro (his
fourth initiative and hence, the name) around June this year.
Since then, Quatrro has been on an acquisition spree-it picked
up a 40 per cent stake in Anik Technologies and a 22 per cent
stake in the BPO division of John Keells, a shipping and ports
company, and last week, it acquired the BPO arm of Flextronics
Software Systems. Roy is also reported to be in the race for UK-based
BPO company Vertex. "Under the larger umbrella of Quatrro
Group, we intend to incubate new ventures and provide a platform
to entrepreneurs to start off high-end BPO services in underserved
domains."
Roy has tied up close to $250 million (Rs
1,150 crore) from various private equity players to finance his
new initiatives. Quatrro, currently, has offices in Sri Lanka,
Singapore and India and it soon plans to foray into the US and
Europe. Roy, a confirmed workaholic, works 15-16 hours a day.
What eggs him on is the idea of creating something new.
-Archna Shukla
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