Bangalore's 24/7 in Fortune's list of successful startups

By SATYA PRAKASH SINGH

TIMES NEWS NETWORK, MONDAY, DECEMBER 08:The Fortune magazine has named the city-based BPO company 24/7 Customer as one of six startups globally that have mastered the mandate of delivering value to the demanding customers.

Featured in the Fortune article Surprise! The startups are back , 24/7 Customer is the only BPO company in the list along with Palo Alto-based software firm, VMware, San Jose-based networking company Airespace, Lisbon-headquartered software company Out Systems, Palo Alto-based PSS Systems and Zilliant based in Austin.

About 24/7 Customer, Fortune said: “It caters to US corporations' love affair with outsourcing operations in India. Despite competition from big, established Indian players like Wipro, Infosys and Tata Consulting, 24/7 has assembled an impressive list of blue-chip customers, including two of the top five credit card banks, one the top three overnight couriers, one of the biggest software companies.”

The three-year-old company with 2,500 professionals on board recently raised $22 million VC funding from Sequoia Capital. Its sales are running about $30 million in a year with pre-tax profits hovering around $5 million.

Says S. Nagarajan, COO of 24/7 Customer, "The Sequoia deal in last summer enhanced our global visibility. We continue to see significant interest from Fortune 100 companies."