AssureEdge CEO and Founder Bhupesh Tambe will continue to lead the company with a 30% stake EbixCash, a fully-owned subsidiary of Ebix, has announced that it has acquired a 70 per cent stake in a 1800-person, pan-India BPO company AssureEdge Global Services. “AssureEdge is today recognized as the first independent customer retention and customer response organization in India, with a vareiety of BPO offerings via six contact centers across the country. AssureEdge serves a number of industries and clients that have cross-selling value for EbixCash services. AssureEdge focuses on top priority areas like sales, fulfillment and customer retention for its clients. The company today services 34+ large corporate clients, including some very well known names in the BFSI, telecom, entertainment and ecommerce sectors,” read a release from the company. Based on client commitments, AssureEdge is presently committed to growing its employee strength to 2,500 by the end of March 2021. The company presently has a strong focus on growing its HRO and LMD verticals, and is targeting 35% to 50% orghanic growth in the year 2021. AssureEdge presently generates approximately 30% EBITDA margins.