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86. Citicorp Overseas Software

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DQI Bureau
New Update

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The Mumbai-based software development company grew by 43% in 2000-01 to Rs 124
crore. All its revenues came from exports, evenly distributed through the quarters. Europe was the favorite destination bringing in 53% of the revenue, with the on-site-offshore ratio standing at 26:74. Citicorp entered the Internet banking and video banking segments, and was assessed at Level 5 of SEI’s software capability maturity model.

PERFORMANCE HIGHLIGHTS

  • Grew 43% to Rs 124 crore
  • All revenue from exports, Europe being biggest market
FACT SHEET
MD: Ram Bhagwat START-UP YEAR: 1985
PRODUCTS & SERVICES: Custom software development BRANCHES: 2
ADDRESS: 133, SDF V, SEEPZ, Andheri (E), Mumbai 400096 TEL: 8292305
FAX: 8292930 WEBSITE: www.citibank.com/cosl
 
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