Bandhan Mutual Fund entered eClerx Services with 17,08,727 shares, a 1.82% stake worth ₹338.3 Cr.
A business process management and automation services provider, eClerx delivers outsourcing, automation, and analytics solutions to Fortune 2000 enterprises globally. The company serves clients across financial services, communications, retail, fashion, media, entertainment, manufacturing, travel, and technology sectors. Established in 2000, eClerx specializes in managing complex business operations and process optimization for multinational corporations seeking operational efficiency and cost effectiveness.
Formerly IDFC Mutual Fund, rebranded after Bandhan Financial Holdings acquired IDFC's AMC in 2023. Manages over Rs 1.5 lakh crore. Known for strong debt and liquid funds, plus well-regarded equity offerings including the IDFC-lineage Sterling Value Fund and Focused Equity Fund. One of the cleaner transitions in Indian AMC ownership history.
