Thursday, October 2, 2025
spot_img

Quess Corp splits demerger of three-way diversified businesses

spot_img
- Advertisement -

One of India’s leading business solutions providers, Quess Corp has announced the demerger of three-way diversified businesses.

The Board of Directors of Quess Corp Limited have approved a composite scheme of arrangement providing for the demerger of Quess Corp into three independent entities.


The demerger will ultimately result in three separate listed companies, namely:

  1. Quess Corp Ltd: Workforce Management (Remaining Company)
  2. Digitide Solutions Ltd: BPM solutions, Insurtech and HRO business (New Co.1)
  3. Bluspring Enterprises Ltd: Facility Management, Industrial Services and Investments (New Co.2)

Over the last decade, Quess Corp Ltd. has emerged as India’s leading business services provider, extending its footprint to 9 countries, with a substantial workforce of over 550,000 associates across four distinct business platforms.

These platforms deliver a superior customer experience, serving over 3,000 clients across diverse sectors. The platforms include Workforce Management, the largest staffing firm in India and among the top 5 globally, by headcount; Global Technology Solutions, among the leading domestic BPM and payroll services firms; Operating Asset Management, the largest facility management platform in India by the breadth of services offered; and Product-Led Businesses (foundit, the second-largest talent acquisition platform in India).

Commenting on the demerger, Chairman Quess Corp Ltd. Mr. Ajit Isaac said, “This is a landmark moment for Quess and is a transformational decision to create three separate entities. It helps the management to focus, develop capital allocation plans relevant to each business, and create value for our shareholders.”

“The decentralized structure at Quess has enabled a pathway for the three demerged entities to continue a culture of entrepreneurship, an employee-friendly workplace with customer centricity being at the core of our purpose”, Mr. Ajit Isaac added.

Overall, Quess has achieved scale in each platform and they are strategically, operationally, and financially positioned to become independent companies with a focus on growing in their chosen area. The three entities are ideally placed to capitalize on India’s growth trajectory as the country marches towards a $5 trillion economy.

Note: We are also on WhatsApp, LinkedIn, and YouTube, to get the latest news updates, Join our Channels. WhatsApp– Click hereto subscribe to YouTube – Click Here, and for LinkedIn– Click Here.

spot_img

Editorial

Why TCS Deferred FY25 Salary Hike: Better Hike Ahead?

TCS had initially announced its annual salary hike during...

Deloitte, PWC, EY, KPMG to Hire 1 Lakh People in India in FY25

According to estimates from top company officials and industry...

Higher EPS Pension Application Stuck: A Step-by-Step Guide to Fix

Nearly 97,640 Provident Fund (PF) members and pensioners under...

Employee Benefits at India’s Big 4 Firms Deloitte, PwC , EY, KPMG

The Big 4 firms; Deloitte, PwC (PricewaterhouseCoopers), EY (Ernst...

TCS Announces 4-8% Salary Hike for FY25, Lowest in Last 4 Years

Tata Consultancy Services (TCS), India's largest IT services provider,...

Must Read

Labour minister to launch software for 5 surveys today

Labour minister to launch software for 5 surveys today Labour...

Samsung Electronics appoints New Head for DS Division

A global leader in technology, Samsung Electronics has announced...

Infosys to host carnival for employees, families & friends on Dec 16

According to ET report, an Indian multinational information technology...

Deloitte B’lore Launches Global AI Simulation Centre of Excellence

Deloitte has announced the launch and expansion of its...

P&G India to introduce ‘P&G ReLaunch program’ for STEM professionals

Procter & Gamble (P&G) has announced that it will...

UTSAV- The Celebration of Life!- Dr Jignesh Shah

UTSAV- The Celebration of Life, is a book authored...

Google Launches AI Opportunity Initiative for Europe

An American multinational technology company, Google has launched the...

Accenture to transform advanced technology across HR & Finance operations 

Accenture and Workday are expanding their partnership to help organizations...

Related Articles

Sheenu Pradhan
Sheenu Pradhanhttps://sightsinplus.com/
Sheenu Pradhan, Editor Content, SightsIn Plus. She has over 8 years of experience in human resources. Prior to this, she has been associated with Wictor Chemicals India, Wipro, and Shakti Plas Industry.