EXL Service heads for NASDAQ listing
EXL Service heads for NASDAQ listing
Owned by New York-based EXL Service Holdings, the company has centers in Noida and Pune.

New Delhi: One more Indian BPO opts for a US listing. Last week, WNS raised $224 million after it listed on the NYSE. Now, EXL Service is set to float an IPO on the NASDAQ.

Owned by New York-based EXL Service Holdings, the company has centers in Noida and Pune.

It hopes to raise up to $60 million from the proposed IPO. That's after it informed the US Securities Exchange Commission that it was cutting the IPO size by 20 per cent.

Analysts say that the reduction might be because of the weakness on the NASDAQ and weak global sentiment.

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