Thomas Cook, India’s largest integrated travel and travel related financial services company, has signed an investment agreement to buy 74% stake in unlisted Bangalore-based human resources company Ikya Human Capital Solutions for Rs 256 crore. The acquisition will be funded through internal accruals.
Ikya Human offers specialized human resources services including search, recruitment, project based hiring, general and professional staffing, skill development and facilitate management to over 500 leading Indian corporate clients through 32 offices, with 1400 team members and over 54,000 associates.
Thomas Cook is the largest integrated travel and travel related financial services company in the country offering a broad spectrum of services that include Foreign Exchange, Corporate Travel, MICE, Leisure Travel, Insurance, Visa & Passport services and E-Business.
