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Transworks
to set up $3 m call centre in Mumbai
Prachi
Verma in New Delhi
Mumbai-based Transworks Information Services Pvt Ltd, a call
center company is in the process of setting up its second
call center facility in Mumbai, which is expected to be up
and running by the second quarter of 2002.
About a year ago, the company received $ 6 million in its
first round of funding from Chrysalis, of which it intends
to pump $3 million in setting up the new facility. Transworks
has already invested over $2 million in building its first
300-seater call center in Mumbai itself.
“The new call center facility will focus only on inbound calls
and will have about 500 seats,” Transworks Information Services
Pvt Ltd president and COO Jagdish Moorjani said.
Transworks provides technical support and assistance for the
financial services and its customers include Citibank, Microsoft,
American Power Corporation, among others.
The two year-old company uses technology for web support from
Kana and e-CRM solutions from e-gain. It also uses technical
support from Lucent and Avaya.
The company’s three new projects have been delayed by 60 days
due to the bombings on the US on September 11. And for almost
a week, following Black Tuesday, TransWorks did not cater
to the New York audience as a consequence of which the company
lost several billing hours.
At present, it has a mix of 80 per cent inbound calls and
20 per cent outbound calls.
TransWorks earned revenues to the tune of $2 million for March
2000-01 and is hoping to complete COPC (Customers Operations
Performance Center) certification by early next year.
“COPC is a standard laid by an US based independent body for
custmer contact center and we will complete COPC certification
by early next year,” Mr Moorjani said.
The company is also keen on raising $5 to 10 million in its
second round of funding, by mid next year.
Though it has not yet finalised whether it will raise the
funds from earlier investors or strategic partners.
“We will appoint an Indian investment banker for our second
round of funding that will help us decide the right partner,”
Mr Moorjani said.
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