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BPM firm Startek to raise stake in CSS Corp, hire over 2,000 in India

Eyes controlling stake in CSS over time, hopes to build a billion-dollar business after possible merger

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Neha Alawadhi New Delhi
Business process management firm Startek expects to increase its minority stake in CSS Corp to give it access to a larger market, even as it plans to hire over 2,000 people in India in the current financial year, the chief financial officer at the firm said.

“The investment (in CSS Corp) gives us an opportunity to buy controlling stake or full stake next year, and if you merge both Startek and CSS together, we have the power to build a billion dollar company, in 12 to 24 months' time,” said CFO Vikash Sureka.

Startek announced a strategic investment worth $30 million in