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Rohit Kapoor, co-founder and chief operating officer, ExlService, told IANS, “We are looking at Eastern Europe, which is primarily going to be driven by an inorganic strategy. Acquisitions in Europe will be primarily for our finance business. The ideal deal size for the acquisitions would be companies with revenues of $10-25 million. We have about $91 million in cash on our balance sheet right now, and we have currency as stock that we can use as well. We want to do domain-specific work, primarily back-office and transaction-based work in India. Our domestic business will primarily be in the domain that we are already in, which is insurance, banking and financial services, telecom, transportation and utilities.”

EXL has also decided to open a 800 seat call center (or is it delivery center, I’m not sure) in the Philippines.

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