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Spanish company buys into Indian outsourcer

Spanish company buys into Indian outsourcer

My friends Vipul P Jain in Mumbai and Narendra Kale in Chicago run one of India’s most interesting boutique outsourcers, Kale Consultants..

Rare among Indian IT companies Kale has designed software products for the banking, hospital and airline businesses over the years. I first met Narendra my friend Vipul hire the company to create the first computer software installation in India, for the Taj Palace Hotel in New Delhi.

The company went public in the late 1990s and this week it announced that Spain’s Accelya Holding World is buying a controlling stake, see the Financial Times story today.

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