Capgemini appoints Srinivas Kandula as CEO of its India operations

Srinivas Kandula

French information technology services company CapGemini SA on Wednesday said it has appointed Srinivas Kandula as chief executive officer for India effective 1 January, replacing Aruna Jayanthi, who has moved to a global role within the group.

Kandula, who joined iGate Corp. in 2007 and worked as executive vice-president, member of the executive council and chief people officer, has also been inducted into Capgemini Group Executive Committee.

Kandula is credited with driving iGate’s business strategy, human resources, quality management and marketing portfolios globally.

India has assumed greater strategic importance for Capgemini with its 2015 acquisition of iGate. In the 10th biggest acquisition of a US-based technology firm by a European company (according to financial data tracker Dealogic), the company acquired iGate in April for $4.04 billion in an attempt to strengthen its presence in the Indian and North American market and across client sectors such as retail, healthcare and engineering.

At present, Capgemini has over 87,000 employees in India, which is nearly 50% of the total, and caters to over 800 customers globally.

Kandula played a key role in the acquisition of Mumbai-based Patni Computer Systems Ltd by iGate for $1.22 billion and of iGate by Capgemini in 2015, in addition to spearheading integration processes in both the acquisitions.

“As we move forward, our agenda is to leverage our strong people capabilities for sustained growth and add to our client-centric innovation practices,” Kandula said.

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This article was first published on Livemint.com

Singapore Reporter/s

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Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
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Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.