3i Infotech Acquires Stake In BPO, Factoring Services Firms

3i Infotech has bought a 50.5 per cent stake in `aok in-house BPO Services'' and `aok in-house Factoring Services''. The partial acquisition is similar to the company''s policy to grow its BPO business in the domestic market, the source said. aok In-house BPO services clients like American Express Bank, Max New York Life Insurance Co, ABN AMRO Bank, ICICI Bank Ltd and ICICI Prudential Life Insurance Co. aok In-house Factoring Services Pvt Ltd, is a part of aok In-house BPO Services and carries out factoring services which include debt collection, physical and tele-verification, credit analysis and tele-calling.