Zensar Technologies Limited is an Indian

publicly traded A public company is a company whose ownership is organized via shares of share capital, stock which are intended to be freely traded on a stock exchange or in over-the-counter (finance), over-the-counter markets. A public (publicly traded) co ...

software and services company. The company's stock trades on the

Bombay Stock Exchange BSE Limited, also known as the Bombay Stock Exchange (BSE), is an Indian stock exchange based in Mumbai. It is the 6th largest stock exchange in the world by total market capitalization, exceeding $5 trillion in May 2024. Established with t ...

and on the

National Stock Exchange of India National Stock Exchange of India Limited, also known as the National Stock Exchange (NSE), is an Indian stock exchange based in Mumbai. It is the List of stock exchanges, 5th largest stock exchange in the world by total market capitalization, ...

. A subsidiary of

RPG Group The Rama Prasad Goenka Group, commonly known as RPG Group, is an Indian industrial and services conglomerate headquartered in Mumbai. The roots of the RPG Group can be traced back to the enterprise of Ramdutt Goenka in 1820. RPG Enterprises ...

, the company's chairman is

Harsh Goenka Harsh Vardhan Goenka (born 10 December 1957) is the current chairman of Mumbai-headquartered RPG Enterprises (popularly known as RPG Group), which consists of over fifteen companies across core sectors of the economy, accrediting a turnove ...

History

Zensar traces its origin to 1922 when a

British British may refer to: Peoples, culture, and language * British people, nationals or natives of the United Kingdom, British Overseas Territories and Crown Dependencies. * British national identity, the characteristics of British people and culture ...

original-equipment manufacturing firm established a regional manufacturing unit in

Pune, India Pune ( ; , ISO: ), previously spelled in English as Poona ( the official name until 1978), is a city in the state of Maharashtra in the Deccan plateau in Western India. It is the administrative headquarters of the Pune district, and of Pune ...

. The firm evolved to become the Indian manufacturing arm of British computer maker

ICL ICL may refer to: Companies and organizations * Idaho Conservation League, environmental organisation in the United States * Imperial College London, a UK university * Indian Confederation of Labour * Indian Cricket League * Inorganic Chemistry ...

, and was renamed ICIM (International Computers Indian Manufacture). In 1963, ICIM listed on the

. In 1991, ICIM established a subsidiary company named International Computers Limited (ICIL), with a focus on software. In 1999, the original hardware division of ICIM was shuttered, leaving ICIM/ICIL as a purely software company. In February 2000, the company renamed to Zensar. Ganesh Natarajan became CEO in 2001, beginning a 15-year tenure. From 2000 to 2005, the company focused on

application management Application may refer to: Mathematics and computing * Application software, computer software designed to help the user to perform specific tasks ** Application layer, an abstraction layer that specifies protocols and interface methods used in a ...

for its clients. RPG Group, the Indian industrial conglomerate headquartered in

Mumbai, Maharashtra Mumbai ( ; ), also known as Bombay ( ; its official name until 1995), is the capital city of the Indian state of Maharashtra. Mumbai is the financial capital and the most populous city proper of India with an estimated population of 12.5& ...

, is the majority shareholder in the company. The company continues to have its headquarters in Pune in Western India. By 2012, Zensar had approximately 11000 employees servicing 400 clients in over 20 global locations and at the end of the 2019 financial year earned revenues of over US$550 million. Sandeep Kishore was named Zensar's

CEO A chief executive officer (CEO), also known as a chief executive or managing director, is the top-ranking corporate officer charged with the management of an organization, usually a company or a nonprofit organization. CEOs find roles in variou ...

in 2016, taking over from Ganesh Natarajan, with Zensar Technology backers being

RPG Enterprises The Rama Prasad Goenka Group, commonly known as RPG Group, is an Indian industrial and services conglomerate headquartered in Mumbai. The roots of the RPG Group can be traced back to the enterprise of Ramdutt Goenka in 1820. RPG Enterprises ...

. In 2015, APAX Portfolio Company acquired a stake in Zensar from Electra Partners Mauritius. , Zensar Technologies has offices in over 20 countries. It is listed on both the

(NSE) and the Bombay Stock Exchange (BSE) and is a component of several indices including the NSE's Nifty 500 and the S&P BSE 500. In December 2020, Ajay S. Bhutoria was named Zensar's CEO. Zensar's business is spread between

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, parts of

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and

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. Zensar's teams work out of 33 global locations, including offices of acquired entities. In April 2023, its South African subsidiary marked the 1000th internship of young locals as part of the initiative launched in 2008 to prepare youth for the IT-sector.

Acquisitions

The following is a list of acquisitions made by Zensar since 2005.

Locations

Zensar has offices in 33 global locations.

Awards and recognition

Zensar was the innovation award winner in the "Creating an Impact-IT Skills" category at India Perspectives 2018. Gartner

Magic Quadrant Magic Quadrant (MQ) is a series of market research reports published by research and advisory firm Gartner that rely on proprietary qualitative data analysis methods to demonstrate market trends, such as direction, maturity and participants. Thei ...

named the company Niche Player 2019 for managed mobility services. The company is often quoted by analysts in industry media for its expertise on enterprise IT spending,

research Research is creative and systematic work undertaken to increase the stock of knowledge. It involves the collection, organization, and analysis of evidence to increase understanding of a topic, characterized by a particular attentiveness to ...

consulting A consultant (from "to deliberate") is a professional (also known as ''expert'', ''specialist'', see variations of meaning below) who provides advice or services in an area of specialization (generally to medium or large-size corporations). Cons ...

and advisory services. The company won the 2021 BIG Innovation Award for Technology. The company also won at the 11th Annual Aegis Graham Bell Awards under the AI-Powered Innovation for Enterprise category.

References

External links