Hinduja Ventures has completed the purchase of 43,03,000 equity shares and 7,03,60,000 preference shares of Induslnd Media and Communications (IMCL), a subsidiary of the company from Grant Investrade (GIL), a wholly owned subsidiary of the company, on July 22, 2016.
Formerly known as Hinduja TMT, Hinduja Ventures is part of the Hinduja Group companies. It is an outsourcing company that provides IT services and BPO/contact center services to customers.