Accenture to invest in ANSR, join its board of directors

Global capability centre (GCC) consulting firm ANSR has formed a strategic alliance with Accenture to design and set up global teams for technology and business functions. Under this partnership, Accenture has also made an equity investment in the company and in connection will join ANSR’s board of directors. While the quantum of investment has not been revealed by the firms, a report by the Times of India says that Accenture has invested $170 million. 

“We are excited to be embarking on the next phase of ANSR’s growth with our strategic alliance with Accenture. Accenture’s leading-edge solutions, C-suite partnerships and deep industry experience, perfectly complement ANSR’s position as a trusted partner for the Fortune 500 and others in building, managing, and scaling Global Capability Centers,” said Vikram Ahuja, co-founder of ANSR. “Now, together with Accenture, we'll equip companies to reinvent their business models by scaling GCCs using a strategic 'best-sourcing' approach.”

The alliance will combine ANSR’s expertise in building GCCs for Fortune 500 companies and others with Accenture’s  global technology, talent and industry capabilities. Accenture will be providing  data and AI-powered capabilities and innovation architecture to help clients run their GCCs effectively, the company said in a statement. 

GCCs are offshore units set up by multinational companies to perform strategic functions. India has emerged as the most preferred destination for setting up GCCs. ANSR’s quarterly report on GCC trends in April showed that India commands 50% of the global GCC market, driven by factors like tech talent, robust start-up ecosystem, and regulatory support.