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India-based IPO-bound staffing firm Ciel has appointed HDFC Bank and Ambit Capital as the Book Running Lead Managers (BRLM), the Ciel Group’s Executive Chairperson, Ma Foi K Pandiarajan
Ciel Group, a staffing firm based in India, successfully concluded the acquisition of Aargee Staffing Services Private Limited, an IT staffing firm based in Chennai, India.
The IPO would help in strengthening these plans, positioning CIEL as the leading HR services provider, offering seamless end-to-end HR solutions, he added.
The report is based on inputs from 96 companies, which have a GCC and employ 57,500 professionals across sectors that were either established last year or expanded operations. The study further revealed that the demand for software engineers has particularly gone up at the GCCs in the past year.
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