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eCommerce - Tuesday, December 14, 2004

Exëvo - Profile

HQ: New Delhi and New York

Founded: NA

Management: Manish Modi is President & CEO. He's a second generation heavy-hitter from the Modi industrial family.

Investors: exëvo is part of Group MKM, a diversified group with interests in manufacturing, technology, finance, and philanthropy. Group MKM consists of almost 30 companies with a combined annual revenue of $80 million, employing 2000 people.

Business Model: Outsourcing shop, handling a wide range of business processes. Consider exevo your "man on the ground" in New Delhi. Practice areas include market research, customer support, content development, and technology integration and development.

Competitors: Infosys Technologies, and check out a this directory of 343 Indian outsourcing companies.

Dirt: Exevo has made good inroads into an enormous market. As the company points out: According to Gartner Dataquest, worldwide business process outsourcing (BPO) spending was approximately $208 billion in 1999 and is expected to reach $543 billion by 2004, representing a 21.1% compounded annual growth rate. As usual, these number are probably inflated - but, at these levels, even a smaller figure is bound to be pretty good.