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News >> Technology >>
Raman Roy to pick up 40% stake in Annik Tech
By agencies
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Wednesday, 07 September 2005, 19:30 IST
NEW DELHI: Former Wipro Spectramind chairman, Raman Roy along with his team will acquire 40 percent stake in market research firm Annik Technology Services.
The investment signals a strategic intent to support the high-end knowledge related services, Annik Technology said in a release.
ATS specializes in the market research and data analytics domain and was founded by Rahul Sahgal.
"I am very excited about being associated with Annik and Rahul," Roy, one of the pioneer in the BPO sector, said.
Along with Roy and his team, Vikas Srivastava, managing partner of Luthra and Luthra Chartered Accountants, is also investing in the company.
"Our domain knowledge coupled with Raman and his team's background of creating and scaling quality organizations gives us a competitive edge that will allow us to grow Annik with new and existing customers," CEO and president of Annik, Sahgal said.