Lalit Ahuja founded the company in 2004, along with D.P Narayana, Thomas W. Sisson, and David Reed. A retired Navy lieutenant and a global entrepreneur, Ahuja is the former chief executive officer of the Indian arm of Target Corporation. The firm works with foreign multinationals to create their offshore capability centers in India. It has established more than 30 GCC's in India and invested over $1.3 billion in capital infrastructure to fuel innovation. In 2015, Infosys bought a 5% stake in ANSR Consulting for $1.4 million and sold the entire stake in 2017 for $1 million. The investment was part of the Innovate in India fund setup by Infosys for $250 million.
Government Association
Ahuja was chosen as a special representative by Chandrababu Naidu to make Visakhapatnam a preferable destination for captive units. In 2017, the Andhra Pradesh cabinet cleared the proposal by ANSR Consulting to create one of the largest financial technology facilities in Fintech Valley, Visakhapatnam. The AP Industrial Infrastructure Corporation allotted 10 acres of land from the IT Special Economic Zone; in lieu of the land, the government will retain equity in the financial technology project. ANSR Consulting will build a Special Purpose Vehicle named ANSR-AP to educate people about captive centers. The project involves an investment of Rs. 1,000 crore and will create around 10,000 jobs, according to the company's six-year growth plan.
Kyron
Kyron Global is the innovation arm of ANSR Consulting. It is a global startup accelerator and has incubated multiple startups. In 2015, Kyron received $9 million funding from Accel Partners and others to create an engagement program in which global startups can interact and learn directly from partnered multinationals early in their startups; it can also facilitate the founding of more GCCs in India. While connecting startups with multinationals, Kyron gives access to a global network of investors and takes equity from the incubated startups. The focus is on retail, financial technology, media, and educational sectors. It aims to have a $50 million venture fund to invest in other startups and expand their industrial segments. As of 2017, Kyron Global has been shut down
In 2019, ANSR launched a subsidiary named x10 by ANSR as a management consultancy based in Bengaluru. It was launched as a company that helps businesses to set up a distributed software engineering teams in India for their tech needs. They provide services for hiring the talent, managing workspaces, and all overheads needed to run a Center of Excellence and claim to do it all in under 100 days.
Talent500 By ANSR
Launched in 2019 as a subsidiary of ANSR, Talent500 By ANSR is a job search platform for Software Engineers in India. They generate a profile for you with the information you provide them, including your work experience and a set of verified skills. Their AI-based algorithms then match your profile to jobs relevant to your skills and needs and recommends your profile to companies.
