Zensar Technologies
Zensar Technologies Limited is a publicly traded software and services company with offices in 29 locations. The company's stock trades on the Bombay Stock Exchange and on the National Stock Exchange of India under the ticker symbol ZENSARTECH. A subsidiary of RPG Group, the company's chairman is Forbes-listed billionaire Harsh Goenka.
History
Zensar traces its origin to 1922 when a British original-equipment manufacturing firm established a regional manufacturing unit in Pune, India. The firm evolved to become the Indian manufacturing arm of ICL and was re-named ICIM. In 1963, ICIM listed on the Bombay Stock Exchange. In 1991, ICIM established a subsidiary company named International Computers Limited, with a focus on software. In 1999, the original hardware division of ICIM was shuttered, leaving ICIM/ICIL as a purely software company. In February 2000, the company renamed to Zensar. Ganesh Natarajan became CEO in 2001, beginning a 15-year tenure. From 2000 to 2005, the company focused on application management for its clients. Vivek Gupta was named Zensar's Executive Chairman in 2010. RPG Group, the Indian industrial conglomerate headquartered in Mumbai, Maharashtra, is the majority shareholder in the company. Zensar is one of the RPG Group's companies and is now headquartered in Pune in Western India.By 2012 Zensar had approximately 11000 employees servicing 400 clients in over 20 global locations and at the end of the 2019 financial year earned revenues of over US$550 million.
Sandeep Kishore was named Zensar's CEO in 2016, taking over from Ganesh Natarajan, with Zensar Technology backers being RPG Enterprises. In 2015, APAX Portfolio Company acquired a stake in Zensar from Electra Partners Mauritius.
Zensar Technologies has offices in over 20 countries. It is listed on both the National Stock Exchange of India and the Bombay Stock Exchange and is a component of several indices including the NSE's Nifty 500 and the S&P BSE 500.
Products and services
Zensar’s business is spread between North America, United Kingdom, parts of Europe and South Africa. Zensar’s teams work out of 29 global locations including offices of acquired entities. Its primary business involves providing digital and technology solutions to global customers. Its key business verticals include high-tech manufacturing, healthcare, retail and consumer services, financial services and emerging services.Acquisitions
The following is a list of acquisitions made by Zensar since 2005.| Venture | Date | Company | Value | Location base | Description |
| Acquisition | 2018 | Cynosure INC | US$33m | US | For leverage of insurance and Guidewire practice. |
| Acquisition | 2007 | ThoughDigital | US$24.9m | US | |
| Joint Venture | 2013 | EZA | N/A | Tokyo | Formed Zensar Advanced Technologies |
| Acquisition | 2005 | OBT global | N/A | Hyderabad | |
| Acquisition | 2010 | Akibia Inc | US$100m | Westborough, Massachusetts | |
| Acquisition | 2014 | Professional Access Inc | N/A | New York | |
| Acquisition | 2016 | Foolproof, Inc. | N/A | London | |
| Acquisition | 2017 | Keystone Logic | N/A | US | Omnichannel retail order and warehouse management |
| Acquisition | 2018 | Indigo Slate | US$18m | US |
Locations
Zensar has offices in eighteen countries.| Name | Location |
| Zensar Technologies UK Ltd. | United Kingdom |
| Zensar Technologies B.V. | Geneva |
| Zensar Technologies B.V. | The Netherlands |
| Zensar Technologies Keizersgracht | The Netherlands |
| Zensar Technologies Herriotstraße | Frankfurt, Germany |
| Zensar Technologies Regus Business Centre GmbH | Austria |
| Zensar Technologies, Inc. | United States of America |
| Zensar Holdings Ltd. | Johannesburg |