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Prestigious Rising Brands of India - 2023

One Point One Solutions, leader in Business Process Management (BPM) services has been awarded with Prestigious Brand Award by BARC Asia, a brand analysis & research based consultancy in Asia, at a grand felicitation ceremony held recently. The award was received by Akshay Chhabra, Managing Director, One Point One Solutions in recognition of their work on the evolution of BPO sector from being a support service provider to an entire support function agency combined with technical capabilities; imbibing latest innovation to maximise the efficiency. Akshay Chhabra, Managing Director, One Point One Solutions said, “Being recognized as one of India’s top brands is a significant milestone for us, and it fuels our passion to continue pushing boundaries and raising the bar. This remarkable achievement wouldn’t have been possible without the relentless dedication and hard work of our entire team.” One Point One Solutions, which was incorporated in the year 2006 caters to a broad spectrum of industries like Telecom & Broadcasting, Retail and E-commerce, Consumer Durables & FMCG, Banking and Finance, Travel & Hospitality, and Insurance. In the year 2017, the company got listed and has expanded its operations to 5 service centers in strategic geographic locations across the country. The company boasts about 40+ leading clientele spread across sectors; includes SBI Cards, Godrej Appliance, Kotak Mahindra, ICICI Bank, Airtel and Go Air to name a few. Company has expanded its footprints to USA, Australia and the UAE. It has identified small and medium enterprises across all industries in these regions that can benefit from BPO services. The company has set up a wholly-owned subsidiary company in the United States of America (USA) named “ONE POINT ONE USA INC. in the State of Delaware of USA. The company is also looking at Australia as another major international destination apart from the UAE. Read more at: https://cxotoday.com/press-release/one-point-one-solutions-bags-prestigious-brand-award/

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The acquisition of ITCube Solutions.

Business Process Management (BPM) services provider One Point One Solutions Limited has completed the first tranche of acquisition in ITCube. The company has informed exchanges that it has acquired a 76 per cent stake in ITCube. With this, ITCube has become a subsidiary of the company. "1st tranche of acquisition of 76% stake of ITCUBE has been completed today i.e. March 1, 2024 and consequently, ITCUBE has become a subsidiary of the Company," the company said in a filing. Earlier, the company said it is expanding its global footprint through majority stake acquisition in ITCube. According to One Point One Solutions, the acquisition will enable the company to expand its current verticals, including healthcare and offerings in IT services. The consolidated turnover (revenue from operations) of IT Cube Solutions - an IT + BPM/KPO services company headquartered in Pune and Cincinnati, Ohio - for the financial year ended March 31, 2023, was Rs 53.57 crore with an EBITDA of Rs 12.15 crore."This strategic move represents more than just an expansion of our business—it signifies our commitment to Innovation, Growth, and Solidifying our presence on the Global stage. IT Cube Solutions brings a wealth of expertise and experience in IT + BPM/KPO services, with a strong foothold in Pune and Cincinnati, Ohio," Akshay Chhabra, Managing Director, One Point One Solutions, had said.India is one of the preferred destinations for setting up Global Capability Centers (GCCs). The IT Industry pegged at 7.4 per cent of India's GDP, is projected to be 10 per cent in 2025. Besides, India accounts for 40 per cent of global sourcing spending.‍

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