Bengaluru, 15th October 2024: ANSR, the market leader in developing strategic Global Capability Centers (GCCs), has acquired a majority stake in Bengaluru based Summit Consulting Services.
Summit specializes in building Global Centers for growth stage, mid-sized and Private Equity backed organizations with a focus on leveraging global talent, cost optimization and transforming technology and process functions. With a strong focus on technology-driven delivery methodology, Summit’s success can be attributed to its speed-to-market and innovative business models, including Basecamp, India’s first GCC incubator at T-Hub, Hyderabad.
India’s GCC market is experiencing a surge in demand from mid-sized organizations and high-growth companies looking to accelerate their product engineering, digital initiatives and investments in critical capabilities such as AI/ML, InfoSec and analytics.
“We at Summit see this as a game changer in the mid-market play of the GCC segment. With the resources strength of ANSR and lean best practices at Summit, we are better positioned to deliver enhanced and comprehensive solutions to our clients,” said Sandeep Sharma, Founder & CEO, Summit Consulting Services
ANSR is a pioneer within the GCC industry with end-to-end solutions offering businesses the opportunity to efficiently build, manage, and scale Global Centers in talent-rich hubs. With a robust track record of enabling over 135 global leaders to set up and scale their operations, ANSR remains at the forefront of the industry. ANSR’s enterprise-ready solutions across talent, workspace, business operations and consulting are delivered through its innovative GCC SuperApp – a tech-driven platform delivering speed, efficiency and flexibility to its customers.
“Mid-market companies are driving a post-COVID GCC boom. With over 240 centers from these firms launched in the last four years, they comprise 60% of all new GCCs today. This rapid expansion underscores the strong confidence business leaders and investors have in the strategic value these centers offer. By bringing Summit Consulting Services on board, we are further expanding our solutions to better serve the unique needs of mid-sized GCCs as they scale their operations,” said Vikram Ahuja, Co-Founder, ANSR and CEO, Talent500.