Triventure Holdings

Triventure Holdings is a diversified conglomerate with operations across 9 countries. Founded by Mr. Ajit Isaac in 2007, the group now employs over 600,000 employees, with revenues of $2.4 Bn and a CAGR of 22% since 2016.

Fairfax Holdings has been a long-term investment partner since 2013. With founder Mr. Ajit Isaac, the two together are classified as promoters of the listed entities with a combined holding of ~57% in each of these companies.

Our businesses manage infrastructure assets, provide technology-led business solutions, and connect people to jobs at scale. These companies are structurally important and will play a role in India’s Viksit Bharat 2047 vision.

Our Listed Entities

Bluspring is a leading infrastructure management services provider, offering integrated solutions in facility management, security, food services, as well as industrial and telecom maintenance.

Digitide drives AI-powered enterprise solutions, enabling automation, advanced data intelligence, and end-to- end digital transformation.

Alldigi, held through Digitide Solutions, is a global digital services provider specialising in Employee and Customer Experience Management.

Quess Corp is India’s largest staffing company and ranks among the top five globally by headcount, delivering a full spectrum of technology-enabled staffing and managed outsourcing solutions across BFSI, retail, telecom, manufacturing, IT, GCCs, BPO, and other sectors.

Opportunities

Infrastructure Management

  • Contribute to India’s fast-paced infra development
  • India’s capex spend is approx. INR 10 lakh crore per annum
  • Help GCCs set up and scale
  • India has ~1,700 GCCs and will have 2,500 GCCs by 2030, which is a $110 Bn market

AI-Led Digital Solutioning

  • Be a part of global AI-powered growth
  • Global AI spend projected to exceed $644 Bn by 2025
  • AI solutions for insurance and healthcare
  • Insurance and healthcare industry growing at over 35% CAGR

Workforce Management

  • Enable transition of informal workers to the formal workforce
  • India has ~570 Mn workforce and only 20% are formally employed
  • Bring more women to the workforce
  • Of the ~110 Mn formal workers, just about 25% are women

Guiding Principles

Our guiding principles reflect who we are. The core values define the way we function and make decisions.

Governance & Shareholding Principles

  • Our businesses have decentralized structures, empowering CEOs with accountability and autonomy
  • We have a dynamic and efficient Board of Directors to guide capital allocation, goal setting, and succession planning
  • Our promoters hold majority stakes in the companies to preserve strategic control and continuity of vision

People & Leadership Principles

  • Our culture is built on FIT: Focus, Integrity, and Teamwork
  • We encourage entrepreneurial mindset and empower leaders to pursue growth
  • We build a high performance culture that people are proud to belong to

Financial Principles

  • Our target is to grow our revenue by 3X of GDP growth rate
  • We aim to achieve 10% year-on-year growth in EBITDA margin
  • We are cash flow focused, aiming to convert ~60% conversion of EBITDA into OCF
  • We aim to maintain debt levels below 1X of EBITDA
  • Our goal is to deliver 20% year-on-year EPS growth

Investment Approach

Back businesses in growth sectors

We primarily invest in businesses in the service sector with differentiated product offerings. We identify opportunities in a liberalising and emerging economy such as technology, infrastructure O&M, healthcare, and F&B, that aligns with our strategic business interests.

Deal origins

We identify special investment opportunities by staying close to the market and spotting businesses with unique potential. We prioritise relationships with founders and management teams, and we pursue only friendly deals.

Partner with teams that deliver

We partner with businesses led by long standing management teams with a proven track record of success. Alignment of culture and values is non-negotiable.

Long-term value creation

We focus on long-term value creation, guided by a hands-on orientation and an asset-light approach that maximizes flexibility, scalability, and sustainable growth.

Cash flow is a key

Cash flow is central to our investments to fund new investments, acquisitions, and expansions, while also financing growth and to provide returns to shareholders.

Low leverage

We follow a low-leverage approach, relying primarily on equity to finance operations and growth. This conservative strategy minimises risk while enabling a stable growth

Our 18-Year Journey

Acquisitions & Divestments

Recognitions
2007-2008
Acquisitions & Divestments
  • Inception of IKYA (Renamed as Quess Corp in 2014)
  • Investment by Park Equity Holdings Limited
  • Acquired Avon, a Facility Management company
2009-2010
Acquisitions & Divestments
  • Acquired Magna Infotech, an IT Staffing company
  • Acquired Coachieve, an HR Solutions company
2011-2013
Acquisitions & Divestments
  • Investment by Fairfax Holdings as a Majority Stakeholder in the company
2014-2016
Acquisitions & Divestments
  • Acquired Randstand Sri Lanka, a Staffing and HR Solutions company
  • Acquired 49% stake in Terrier, a Manned Guarding and Security Business company
  • Invested in Manipal Integrated Services, a niche FM and Food Business company focused on Education and Healthcare
  • Acquired balance 51% stake in MFX, an IT Infrastructure company
  • Signed a share purchase agreement to acquire TSQ
  • Acquired Aravon, an Integrated Facilities Management company
  • Acquired Hofincons, a Consulting and Asset Management Services company
Recognitions
  • Listed on NSE & BSE — oversubscribed 147X and generated ~Rs. 400 crs.
  • Headcount crosses 1,50,000 with General Staffing business crossing the 1,00,000 milestone
2017-2019
Acquisitions & Divestments
  • Raised additional capital through IPP, Rs. 874 crs.
  • Acquired majority stakes in TATA Business Support Services Limited (TBSS), now called ConneQt Business Solutions
  • Invested in Simpliance, adding technology muscle to Compliance Management Function
  • Acquired Stakes in Vedang Cellular Services Private Limited
  • Formed a Joint Venture with Trimax IT Infrastructure and Services Ltd
  • Forayed into the managed services business with Qtek Systems
  • Acquired 61.35% stake in Allsec Technologies
  • Acquired Monster (APAC & Gulf) and HCL’s care unit, Touch
Recognitions
  • Ranked 69th on SIA top Global Staffing Firms
  • Ranked 177th on ET 500 Companies list
2020-2022
Acquisitions & Divestments
  • Divestment of Simpliance Technologies
  • Acquired 49% stake in Taskmo, a B2B Gig Marketplace
Recognitions
  • Ranked 48th in SIA’s top 100 Largest Global Staffing Firms
  • Ranked 137th in the Fortune India 500 list & 100th in Business World real 500 in the non-financial sector
  • Received Great Place to Work for the 4th consecutive year
2023-2025
Acquisitions & Divestments
  • Divestment of Qdigi Services & Labour Law Compliance division of Alliedi Technologies
  • Acquisition of Archer Integrated Services & Astrin Traders & Supplies
  • 100% acquisition of Taskmo - a B2B Gig Marketplace
Recognitions
  • Quess Corp demerged into 3 entities — Quess Corp, Digitide & Bluspring
  • Dual listing of Digitide & Bluspring in NSE & BSE
  • Quess Corp achieves 600,000 overall headcount with 100,000 women
  • Ranked 1st in SIA’s top 100 Largest Indian Staffing Firms in 2025
  • Ranked 37th in SIA's top 100 Largest Global Staffing Firms in 2023
  • Certified a Great Place to Work in 2025 for the 6th consecutive year and ranked 19th amongst all companies in India
  • Ranked 15th among SIA's Largest IT Staffing Firms in АРАС, 2024
  • Ranked 125th in ET500 and 128th in Fortune India 500