Mphasis’ Wide Range Of Services Helping Bag Clients: CEO Nitin Rakesh
Employees use laptop computers at an IT office. (Photographer: Namas Bhojani/Bloomberg)

Mphasis’ Wide Range Of Services Helping Bag Clients: CEO Nitin Rakesh

Mphasis Ltd.’s wide range of services is helping the company maintain a steady set of client acquisitions, according to its Chief Executive Officer Nitin Rakesh.

“Our pipeline is very strong and our logo wins are a testimony to the fact that we have created a fairly differentiated and relevant set of service offerings,” Rakesh told BloombergQuint in an interview.

“We’ve had a very strong run of growth in the direct business over the last four quarters,” he said. “This was our fourth quarter of 16 plus of year-on-year growth.”

Rakesh said that over half of the company’s revenue came from the banking sector despite an overall slowdown in the sector because the company has aligned its offerings to the market’s needs. “We’ve seen healthy double-digit growth in our banking business.”

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