a news release or is otherwise written in a promotional tone . please help by either rewriting this article from a neutral point of view or by moving this article to wikinews . when appropriate blatant advertising may be marked for speedy deletion with db spam . june 2016 infosys bpo limited type subsidiary industry business process outsourcing founded april 2002 headquarters electronic city bengaluru india area served worldwide key people anantha radhakrishnan ceo & md number of employees 33 798 as of april 2016 parent infosys website www.infosysbpo.com infosys banglore campus infosysbanglore infosys bpo the business process outsourcing subsidiary of infosys was set up in april 2002 . infosys bpo focuses on integrated end to end outsourcing . infosys bpo operates in india poland the czech republic the netherlands ireland south africa brazil mexico costa rica the united states puerto rico china the philippines singapore and australia and as of april 2016 employed 33 798 people . contents 1 history 2 operations 3 employees 4 acquisitions 5 references 6 external links history edit the company was started as progeon limited in april 2002 and is today amongst the top bpos in india according to nasscom . 1 it was started as a 74 % and 26 % joint venture between infosys and citibank investments . in 2006 infosys bought out citibank s share at a price of rs . 592 per share citibank having invested at rs 0.20 per share citation needed . operations edit infosys bpo operates in india poland the czech republic the netherlands ireland south africa brazil mexico costa rica the united states puerto rico china the philippines singapore and australia . it is headquartered in bangalore india . about 60 % business of infosys bpo comes from overlapping clients with the parent infosys ltd. 2 during the fy 2013 14 it earned 48 % of its revenue from north america 34 % from europe 4 % from india and remaining 14 % from other parts of the world . 3 the proportion of voice and non voice related revenue was 11 89 in the same financial year . 3 employees edit the company had as of december 31 2015 employed 33 208 people . it added 2 989 net employees during the fy 2014 15 . acquisitions edit in september 2012 infosys bpo acquired us based marsh bpo for an undisclosed amount to expand its group life insurance activities . marsh bpo based in des moines iowa has 87 employees and serves seven insurers and covers more than 600 000 insured lives . marsh bpo will be absorbed in mccamish systems . 4 5 in january 2012 infosys bpo acquired australia based portland group for about aud 37 million . 6 portland group provides strategic sourcing and category management services . 7 in december 2009 infosys bpo acquired atlanta based mccamish systems for about 38 million . 8 in july 2007 infosys bpo signed a 28 million deal to acquire finance back offices of royal philips spread in india poland and thailand . 9 10 its organic growth performance has been rated as exemplary and best amongst its peers by a leading bpo research firm . 11 it is taking over competitors share with increased on site presence . 12 in fy15 the company plans to hire 14 000 employees to further its growth performance . 13 infosys bpo recently launched its process progression model 14 to improve business outcomes for clients by accelerating optimization and transformation of business processes . the company also extended its outsourcing agreement with royal philips till june 2019 . 15 references edit nasscom industry rankings . nasscom.com . retrieved 1 august 2013 . infosys bpo looking for buyouts to double its revenues to 1 bn . economic times . retrieved 1 august 2013 . a b annual report for fy 2013 14 pdf . infosys bpo . retrieved 7 jun 2014 . infosys bpo buys us based firm marsh . the business line . retrieved 1 august 2013 . mccamish systems enhances its presence in the voluntary group life insurance business . marketwatch.com . retrieved 1 august 2013 . infosys bpo looking for buyouts to double its revenues to 1 bn . economic times . retrieved 1 august 2013 . infosys bpo signs definitive agreement to acquire portland group pty ltd in australia . bizjournals.com . retrieved 1 august 2013 . infosys bpo to acquire us company mccamish . deccan herald . retrieved 1 august 2013 . infosys buys philips bpo for rs 110 cr . business standard . retrieved 1 august 2013 . sale and purchase agreement with koninklijke philips electronics nv philips . . bseindia.com . retrieved 1 august 2013 . as infosysbpo reaches the 500m mark is it ready for the big time . horsesforsources . retrieved 1 august 2013 . infosys bpo is taking over competitors share with increased on site presence says cfo . infosys bpo plans to hire 14 000 in fy15 . 1 infosys bpo royal philips extend pact . external links edit wikimedia commons has media related to infosys . official website infosys limited nasscom national association of software & service companies management profiles retrieved from https 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