Quess Corp

Quess Corp Limited is India’s leading integrated business services provider established in 2007 as IKYA Human Capital Solutions Ltd. It is headquartered in Bangalore, India and is a subsidiary of Thomas Cook India.[1][2][3]

Quess Corp Limited
Public
Founded September 2007
Headquarters Bengaluru, India
Area served
 North America, Asia-Pacific & Middle East
Key people
 Ajit Isaac (Chairman & MD)
Services IT Staffing, Industrial Asset Management, Facility Management, Skill Development, General Staffing, Payroll & Compliance, Food & Hospitality Service, Pest Control
Number of employees
 1,40,000
Website www.quesscorp.com

Services

Quess offers services across many sectors like IT and ITES staffing, managing facilities, F&B sector, skill development training, general staffing, HR solutions, engineering services, etc.

Subsidiaries

Divisions

Milestones

Year Achievement
2016
  • Quess Corp, India's Most Successful IPO In 9 Years, Soars 60% In Debut[4]
  • 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

Controversies

IKEA, a furniture retail company from Netherlands, 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.[5]

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 0

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 Corp, India's Most Successful IPO In 9 Years, Soars 60% In Debut - NDTV". Retrieved 2016-07-15.
  5. ↑ "Quess Corp wins IKEA suit for using IKYA brand". timesofindia-economictimes. Retrieved 2016-01-19.

http://www.thehindubusinessline.com/markets/stock-markets/quess-corp-initial-public-offering-to-open-in-midjune/article8552317.ece

http://www.thehindubusinessline.com/markets/ipo-quess-corp-advanced-enzyme-get-sebi-nod/article8548090.ece

http://www.business-standard.com/article/pti-stories/quess-corp-files-ipo-papers-with-sebi-to-raise-rs-400-cr-116020300396_1.html

http://forbesindia.com/article/work-in-progress/ajit-isaacs-stringofpearls-strategy-for-quess/43351/1

http://articles.economictimes.indiatimes.com/2016-01-01/news/69448186_1_thomas-cook-fairfax-financial-holdings-share-purchase-agreement


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