Intro and history: Genpact is a global professional services firm that was established in 1997 as a business unit within General Electric. The company was spun off into an independent entity in 2005. Genpact has grown significantly since its inception, with operations in over 25 countries and a diverse workforce of more than 90,000 employees. The company is known for its industry expertise, innovative approach, and commitment to delivering sustainable results for its clients.
Industry: Genpact operates in the Business Process Outsourcing (BPO) and Information Technology Services industry.
Product, Services and Operations: Genpact provides a wide range of services including finance and accounting, procurement and supply chain, risk and compliance, customer experience, and digital innovation. The company also offers industry-specific services in areas such as banking and financial services, insurance, manufacturing, life sciences, and healthcare.
Funding Details: As a publicly-traded company, Genpact is funded through equity and debt financing. As of 2020, the company's market capitalization was approximately $7.2 billion.
Acquisitions: Genpact has made several notable acquisitions over the years, including Headstrong in 2011, Rage Frameworks in 2017, and Rightpoint in 2019.
Awards and Achievements: Genpact has received numerous awards and recognitions for its services and workplace culture, including being named a Leader in the Gartner Magic Quadrant for Finance and Accounting BPO for several consecutive years. The company has also been recognized as a 'Best Employer' by AON Hewitt multiple times.