Quess Corp

Quess Corp Limited
Public
Founded September 2007
Headquarters Bengaluru, India
Area served
 North America, South America, Middle East and South East Asia
Key people
 Ajit Isaac (Chairman & MD)
Services Technology Solutions, People Services, Facility Management, Industrials , Internet Business
Number of employees
 2,61,700
Website www.quesscorp.com

Quess Corp Limited is a provider of business services with headquarters based in Bangalore. Quess Corp operates in five sectors Industrials, Integrated Facility Management, People Services, Global Technology Solutions and Internet Business. It is a step-down subsidiary of Fairfax Financial Holdings Group; held through its Indian listed subsidiary, Thomas Cook India.[1][2][3] and is listed on the Bombay Stock Exchange and NSE. Starting operations from 2007 Quess Corp operates in India with 64 offices across India along with a presence in North America, the Middle East and South East Asia. The employee strength of Quess Corp is over 2,61,700.[4]. On 5th July 2018 Quess Corp Ltd inked a partnership with East Bengal Club to form Quess East Bengal FC Pvt. Ltd.[5]

Services

Quess Corp Limited has 5 business verticals [6] namely Industrials, Integrated Facility Management, People Services, Global Technology Solutions and Internet Business.

Subsidiaries

  • Brainhunter Systems Limited [7]
  • Co-Achieve Solutions Private Limited
  • Comtel Solutions
  • Dependo Logistics Services Private Limited [8]
  • Excelus Learning Solutions Private Limited
  • MFX Infotech Private Limited [9]
  • Mindwire Systems Limited
  • Conneqt Business Solution [10]
  • Vedang Cellular Services [11]
  • Terrier Security [12]
  • Monster.com (India) Pvt. Ltd. [13]
  • Greenpiece Landscapes India Pvt Ltd.[14]

Divisions

  • Magna Infotech [15]
  • Hofincons [16]
  • IKYA Human Capital Solutions [17]
  • Inedge Retail
  • Avon Facility Management Services [18]
  • Chef On Wheels [19]
  • SPIFFY [20]
  • Maxeed Telecom Solutions [21]
  • EnerQ Solutions
  • QInfra Solutions
  • Qtek Systems [22]

Associate

  • Heptagon Technologies [23]
  • Simpliance Technologies Pvt Ltd [24]

Milestones

Year Achievement
2018
  • Quess Corp Ltd inks partnership with East Bengal Club to form Quess East Bengal FC Pvt. Ltd [25]
  • Acquired Monster (APAC & Gulf) and HCL’s care unit, Touch [26]
  • Acquired The Care Business of HCL Services (“Care Business”) from HCL Infosystems [27]
  • Acquired Greenpiece, a leading landscaping company
2017
  • Quess Corp Limited, has raised fresh capital, more than double the size of its IPO [28]
2016
  • Quess Corp, India's Most Successful IPO In 9 Years, Soars 60% In Debut[29]
  • Acquired the balance 51% stake in MFX
  • Acquired Randstad Lanka, a staffing and human resource solutions company
2015
  • Signed a share purchase agreement to acquire TSQ
  • Court approval of the scheme of amalgamation of Avon, Magna Infotech and Hofincons with our company and filing with the RoC
  • Acquired Aravon, an integrated facilities management company
2014
  • Acquired Aravon, an integrated facilities management company
  • Acquired Brainhunter, an IT solutions company
  • Acquired 49% stake in MFX, an IT infrastructure company
2013 TCIL acquired a majority stake in our Company
2011 Selected by Ministry of Rural Development, Government of India, to train 8,000 individuals
2010 Acquired Magna – India’s largest IT staffing company
2009 Acquired Coacheive Solutions – a human resources solutions company
2008
  • Investment by Park Equity Holdings Limited in our Company
  • Acquired Avon, a facility management company
2007 Incorporation of the company

Sports

Quess Corp Ltd inks partnership with East Bengal Club to form Quess East Bengal FC Pvt. Ltd.[30][31]

Philanthropy

Quess’ aim is to actively contribute to the community and construct a positive and deep impacting footprint in the areas of health and education. To take this initiative forward Care Works Foundation (CWF) was established in 2014.Ministry of Education, Government of Karnataka established a partnership with Quess, in 2015, to augment and enhance government owned schools across the State. Thus far eight such schools have been adopted by Quess Corp Limited [32]

Awards

Quess Corp Limited won an award for the Best IPO on in 2017 [33]

Controversies

IKEA, a furniture retail company from Sweden, lodged an affidavit with Chennai Registrar of Trade Marks against Quess, stating that IKYA, a division of Quess Corp Ltd, was using a brand name similar to theirs. IKYA Human Capital Solutions won the indictment.[34]

References

  1. ↑ "Thomas Cook India arm Quess Corp to acquire 49% stake in TSQ". The Times of India. Retrieved 8 January 2016.
  2. ↑ "Quess Corp signs deal to acquire Sri Lankan arm of Randstad India". The Economic Times. Retrieved 8 January 2016.
  3. ↑ "ThomasCook India's subsidiary Quess Corp acquires 49% stake in Qatar based TransfieldServices". Business Insider India. Retrieved 8 January 2016.
  4. ↑ "Quess Delivers Solid Results & Strategic Progress in FY'18" (PDF). http://quesscorp.com. Retrieved 2017-05-17. External link in |website= (help)
  5. ↑ "Quess Corp Ltd inks partnership with East Bengal Club to form Quess East Bengal FC Pvt. Ltd" (PDF). quesscorp.com. Retrieved 2018-07-05.
  6. ↑ "Quess Delivers Solid Results & Strategic Progress in FY'18" (PDF). quesscorp.com. Retrieved 2018-05-17.
  7. ↑ "IKYA Group acquires Canadian firm Brainhunter". business-standard. Retrieved 2014-09-18.
  8. ↑ "More likely one of our employees would've delivered an Amazon packet: Ajit Isaac". business-standard. Retrieved 2016-05-09.
  9. ↑ "Quess Corp. acquires US-based IT services firm MFXchange Holdings". livemint. Retrieved 2016-01-02.
  10. ↑ "Quess Corp appoints Neeraj Tandon as Deputy CEO of Conneqt Business". economictimes.indiatimes. Retrieved 2018-03-26.
  11. ↑ "Quess Corp buys Vedang Cellular". economictimes-indiatimes. Retrieved 2017-10-26.
  12. ↑ "Quess Corp to acquire stake in Terrier Security Services". indiainfoline. Retrieved 2016-10-20.
  13. ↑ "Quess to acquire Monster India, HCL Infosystems' care business". economictimes.indiatimes. Retrieved 2018-01-31.
  14. ↑ "Quess Corp to buy 90% stake in Greenpiece Landscapes". vcccircle. Retrieved 2018-01-25.
  15. ↑ "Ikya acquires recruitment firm". vcccircle. Retrieved 2011-01-21. rtyrtygtrgd
  16. ↑ "Ikya Group to acquire Chennai-based industrial facilities management firm Hofincons". vcccircle. Retrieved 2014-06-06.
  17. ↑ "Fairfax-backed Quess Corp to raise $180 mn for acquisitions". vccircle. Retrieved 2017-07-10.
  18. ↑ "QUESS Corp: The Pioneer of Integrated Facility Management Services". insightssuccess.in. Retrieved 2018-06-01.
  19. ↑ "QUESS Corp: The Pioneer of Integrated Facility Management Services". insightssuccess.in. Retrieved 2018-06-01.
  20. ↑ "QUESS Corp: The Pioneer of Integrated Facility Management Services". insightssuccess.in. Retrieved 2018-06-01.
  21. ↑ "Maxeed: Powering Smart Cities with Telecom, Utility & Solar Services". startupcity. Retrieved 2016-12-16.
  22. ↑ "GDPR, cyber threats drive demand for security experts". timesofindia.indiatimes. Retrieved 2018-03-26.
  23. ↑ "Quess Corp to acquire 46% stake in Heptagon Technologies". business-standard. Retrieved 2017-06-22.
  24. ↑ "Quess Corp to acquire stakes in Terrier, Simpliance & Comtel; shares surge over 12%". financialexpress. Retrieved 2016-10-20.
  25. ↑ "Soccer club East Bengal ropes in Bangalore-based Quess Corp as its new investor". economictimes.indiatimes. Retrieved 2018-07-05.
  26. ↑ "Quess to acquire Monster India, HCL Infosystems' care business". economictimes.indiatimes. Retrieved 2018-01-31.
  27. ↑ "Quess to acquire Monster India, HCL Infosystems' care business". economictimes.indiatimes. Retrieved 2018-01-31.
  28. ↑ "Quess Corp will raise as much as Rs1,150 crore from institutional investors through an institutional placement programme (IPP)". livemint. Retrieved 2017-07-24.
  29. ↑ "Quess Corp, India's Most Successful IPO In 9 Years, Soars 60% In Debut - NDTV". Retrieved 2016-07-15.
  30. ↑ "East Bengal announce Quess Corp Ltd as new investors ahead of upcoming season". sportskeeda.com. Retrieved 2016-07-05.
  31. ↑ "East Bengal gets Quess Corp's support". hindu.com. Retrieved 2016-07-05.
  32. ↑ "Good Samaritan: How Quess Corp CEO Ajit Isaac takes care of education and healthcare of the underprivileged". economictimes- indiatimes. Retrieved 2015-10-19.
  33. ↑ "Quess Corp recognised as the Best IPO at IR Awrds". telegraphindia. Retrieved 2017-06-08.
  34. ↑ "Quess Corp wins IKEA suit for using IKYA brand". timesofindia-economictimes. Retrieved 2016-01-19.
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