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Forbes Technosys Limited - Company Profile

Forbes Technosys Limited (FTL)is a subsidiary of Forbes Group. the Flagship Company of Forbes Group is Forbes Gokak Limtied, a Listed Company in the Bombay Stock Exchange, India (BSE Code 502865). The Promoters are amongst the world's richest 500 and listed in Forbes list of Global HNI.
The Group has interests in Real Estate, IT Parks, Shipping, Textiles, Engineering and IT/ITeS.
FTL has 3 Business Groups:
Group 1: BPO - Provides Transaction Processing Services for Banks, Insurance, Utilities and Healthcare sector, specializing in Payment Processes, Billing and Medical transcription.
Customers are from US and Western Europe.
One Offshore Delivery Center is at SP Infocity Ozone Park in Pune, 120 miles from Mumbai in Western India. 2nd center is coming up in a Mumbai suburb.
Group 2: IT Solutions - Provides Payment Solutions to Banks and Utilities and is a major player in the Check Processing & Remittance Solutions Space. Its customers are fro India & APAC. It is expanding its reach in Africa, Middle East and UK.
Group 3: Managed Assets - Provides Device Driven Solutions in Bill Payment, Check Deposit and Transactions for Telecom, Power, Airlines, Banks and Insurance Companies through its own Asset Base Deployed all over India. The Assets comprise of Self Service Kiosks, Electronic Tax Pay Devices and similar Terminals.
Its customers include major Telecom Service Providers, Banks and Local (State) governments.
This Business is Presently India Focused.

FTL has its own Development Center in Mumbai, employees over a 100 qualified Engineers and Software Specialists, and has a domain expertise in Banking and Utilities of over 500 man years.

Services Offered

1. Image Aided Data Processing for Checks - Exception Processing, Recon, Outclearing Processing, Archiving and Retrieval.
2. Remittance Processing - Wholesale Lockbox services processing.
3. Coding & Billing for Healthcare - Hospitals and Medical institutions.
4. Claims processing for Insurance Companies.
5. Forms Processing for Banks, Financial Services and Insurance Cos.

Year Started

2005

Number Of Employees

230

Contact

Website: www.ftlindia.com
Phone: +91-22-2497-5962 ; 63;
Fax: +91-22-2497-5967
Email: ravishankar@ftlindia.com
Address: Crystal, 4th Floor, 79, Dr. Anne Besant Road, Worli, Mumbai, Maharashtra, India, pincode: 400018.