Yash Birla Group buys KPO Mansycom Consultants

Mumbai: Yash Birla Group has acquired a controlling stake in a knowledge process outsourcing (KPO) firm Mansycom Consultants for Rs 60 lakh. The KPO specialises in development of 3D virtual models of real estate, construction and infrastructure projects. The business information technology is likely to help the group in reducing the construction cost between 3 and 5 percent and the construction time by about 20 percent, said Yash Birla Group Finance Director PVR Murthy."By acquiring the company we will leverage their capabilities to give our clients maximum design and cost efficiencies", the Yash Birla Group Finance Director PVR Murthy said in a statement.[caption id="attachment_34535" align="alignleft" width="380" caption="Move is likely to help company minimise costs.  AFP"][/caption]Mansycom Consultants' client list includes Ambuja Realty, Indiabulls Real Estate, Unitech, Omaxe, Vatika Group.Business Information Technology is a key strategic growth area as there is a strong demand from organisations interested in new strategies and techniques that reduce structural conflicts, counter aesthetic challenges in order to minimise cost escalations and delays in construction project implementations, the statement said.Recently, Yash Birla Group acquired controlling stake in Aircon Engineers of Kolkata.PTI