Exl Services Inc
(Acquired by Conseco Inc. in mid 2001)

 

A 1000+ seat, remote service company offering a range of web enabled customer care services including email response, real-time chat, knowledge management, eCRM architecture and other value added services to global eBusiness. Operating from US and India, it has an impressive clientele comprising of reputed names from the Insurance and Banking sector. FSLLC managed to create a liquidity event with a short span of 10 months when Conseco Inc. (NYSE: CNC) acquired EXL Services for over US$ 50m.

www.exlservice.com

 

Alfa Transformers Ltd.

 

Alfa Transformers makes power, distribution and furnace (specialty) transformers. Starting commercial production in 1988, the Company has scaled up its technical and design capability and now manufactures distribution and power transformers ranging from Small Pole Mounted Distribution Transformers of 10KVA, 12KV Class to Power Transformers of 10MVA, 36KV Class. The Company also manufactures furnace transformers, which are used in many continuous process industries, including steel plants. Alfa’s focus on quality has given it the ISO 9001:2000 rating since 1997. The Company is in the process of expanding its distribution transformer capacity to meet sharply increasing demand from exports and the domestic market. Alfa is also setting up an amorphous core transformer plant, which will make it only the 3rd Company in India to have such a plant. Demand for amorphous core transformers is expected to increase substantially due to the demand for more efficient transformers by State Electricity Boards.

www.alfatransformerlimited.com

 

Strategic Engineering Pvt. Ltd.

 

Strategic Engineering is a pioneering manufacturer of ‘Composite’ (Glass Reinforced Plastic – GRP) Pipes. The Company designs & manufactures pipes for a wide range of applications including process pipes, water & sewerage pipes, fire water piping, oil & gas pipes, power plant piping among others. The Company has carved out a very important niche for itself, as it is currently the sole manufacturer of double helical GRP pipes in India. GRP pipes are more flexible, ductile and longer-lasting compared with Steel pipes, and have a lower cost of ownership. Hence, GRP pipes are increasingly being chosen for gas pipelines, water and sewerage lines. Strategic has built up an impressive list of reference-able clients.

www.strategiccomposite.com

 

Shilpa Medicare Ltd.

 

Shilpa Medicare, a bulk drug manufacturing company, focuses on manufacturing Active Pharmaceutical Ingredients (API) for the niche Oncology segment. The Company is only the third party manufacturer of APIs for the Oncology segment in India. It has long term contracts to supply APIs to international pharmaceutical firms such as Midas, Apotex, Cobalt, Transopharma, Helm etc and domestic companies such as Ranbaxy, Intas, Dabur and Cipla. Exports constitute over 60% of its annual revenues and its products are exported to Europe, USA, Middle East and Japan. Shilpa has filed for patents for two of its products and has developed a non-infringing process for a third product in the Oncology segment. The Company is in the process of setting up a new cGMP facility to manufacture oncology products, which will enable it to obtain approvals for its products from EDQM- France, UK MCA, TGA Australia, Health Canada and USFDA. Leveraging its strong R&D, the Company is focusing on moving up the value chain and evolving into a CRAMS model (focused on the Oncology segment).

www.vbshilpa.com



 

Astra Microwave Products Ltd.

 

Designs and manufactures high-end, mission critical microwave & RF based components and sub-systems for wireless communication devices primarily for defense, space and civil telecommunication applications. AMP is the first private sector company in India to set up a state-of-the-art MMIC (Monolithic Microwave Integrated Circuit) test and assembly line. With AMP, FSLLC was amongst the first India focused Private Equity firms to have successfully structured a “PIPE” transaction.

 

The Company is actively traded on India’s premier stock exchange, the BSE.

www.astramwp.com



 

CBay Systems Ltd.

 

One of the largest Healthcare BPO companies operating on the US-India corridor offering medical transcription & other value added services. Leveraging the Indian cost advantages, the Company has set up a unique business model of franchisee-based back-end in India with marketing front-end in the US. The company is pursuing an acquisition centric aggressive growth strategy and is building competitive advantage through adoption of latest HIPAA compliant technologies.

www.cbaysystems.com

 

Titagarh Wagons Ltd.

 

TWL is one of the largest private sector manufacturers of Freight Wagon Units for the Indian Railways. It is the only private Indian company approved by the Ministry of Defence, Govt. of India, for the manufacture of Military Bridges, Bailey Bridges, Rail Mobile Systems, Nuclear Biological & Chemical Shelters, Electro Magnetic Interference Shelters and other special fabricated equipment for the Indian Defence Industry. The company has an in-house design capability and the infrastructure to develop and supply new types of Rail Wagons for the Indian Railways and customised structures for the Indian Defence Industry.

www.titagrah.biz

 

Megavisa Marketing & Solutions Ltd. (EXITED)

 

A Pan Asian sourcing & logistics support company specializing in the chemical and allied sectors. With offices spread wide across Asia including China, Singapore and Dubai, the Company has the capability to source desired materials from anywhere in Asia and deliver the same to anywhere in Asia at the right price and right time. The company is witnessing a frantic annual growth of over 50% as it expands its relationship value chain to newer geographies.

www.megavisachem.com(EXITED)

 

Supreme Telecommunications Ltd.

 

A telecom & network engineering Services Company, offering total solutions and professional services to Telecom Operators who provide Basic, Cellular, CDMA & other radio networks. Based out of Mumbai, Supreme offers these services to a host of clients in India and abroad. The company also runs a retail chain of outlets offering sales, services & accessories of cellular/CDMA handsets & other products

www.supremetelecommunications.com

 

 

Park Controls & Communications Ltd

 

Designs and manufactures Ground based and Airborne PCM Telemetry and Timing Products and also provides related services. The company has a strong R&D focus and has developed a current generation interpreter/compiler tool for rapid upgrade of Legacy Automatic Test Equipment in Defense and Avionics, wherein Legacy Test Program Sets can be ported on to Pentium PC without violating their integrity. It has also developed ATLAS Development Studio, which offers a viable alternative to current approaches for reducing legacy ATE lifetime costs. The company’s products and services are availed by Indian Aviation Industry and other Asian countries, which do not have the latest generation of aircrafts.

 

 

www.parkcontrols.com