Teamlease buys eCentric’s IT staffing operations, seeks 8-10% margin
  • WebDesk BTVI
  • Apr 23 2019

Ravi Vishwanath, CFO of Teamlease Services, says the firm got into IT staffing about 3 years ago and has done 4 acquisitions, including eCentric, so far. Vishwanath says when the firm was looking to expand their footprint, eCentric appeared as the perfect option as it gave Teamlease a better position in the product and captive market. He adds that the firm expects 8-10% margin in the initial years, which they plan to expand going forward.