The 5-year analysis of Axon Ventures Ltd. - (Merged)'s performance infers:
We analysed the performance of Axon Ventures Ltd. - (Merged) share prices over the last 10 years. Here is what we found out:
Formerly known as Aesthetic Investment, Axon Infotech was incorporated in the year 1982 and offers a host of integrated remote support services. These include customer care and technical support through multiple communication channels, back-end transaction processing, outbound collections and telemarketing.
The three key elements of services include core capability providing the entire spectrum of inbound and outbound customer interaction along with back office processing; domain
The three key elements of services include core capability providing the entire spectrum of inbound and outbound customer interaction along with back office processing; domain expertise offering strong domain focus; and service channel providing operations across multiple channels including voice, email, chat and data. The overseas team of designer and developers give it the edge over competitors to specialize in offering quality, time bound and cost effective solutions for a variety of software needs. Axon Infotech also provides off-site consultants who can work directly with client staff. The company is based in Mumbai, India.
On December 05, 2007, Axon Infotech announced that the company acquired 51% stake in Bangalore-based Quasar Innovations. The company mobilized funds through unsecured loans and invested the same for the purpose of acquisition of 51% stake. Firstcall India Equity Advisors organized the funds for the company for the aforesaid purpose. On August 03, 2007, Axon Infotech informed that the Management Committee of the company has taken a decision to call-off the merger with Kushal Software as both the companies have decided to pursue their growth paths on their own.
Business areas of the company:
The Group's principal activity is to provide web based solutions, business processing outsourcing and call centre services. The Group is engaged in software business which includes turn-key contract design services to the mobile handset and terminal device market. The products of the Group include development and sale of software and consultancy. Its major customers are telecommunication companies.