Even though the biggest chunk of revenues came from Wall Street, Headstrong
revenues remained flat. The profits however jumped 40%, with the company
capitalizing on layoffs by financial institutions, a move that worked well in
FY10. Headstrong acquired iX Partners, a consulting firm for global asset
management providers, both for its domain knowledge and client base as well as
Lydian Data Services, a mortgage BPO provider. While India business remained
flat, Japan was active for Headstrong. However, India is high on priority in the
coming year, made clear by the appointment of a new head for APAC, Puneet
Pushkarna as well as a new CEO Sandeep Sahai.
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FACTSHEET
l CEO: Sandeep Sahai l Start-up |