Quess Corp Announces Leadership for demerged entities Digitide Solutions Ltd and Bluspring Enterprises Ltd
Mumbai,
India, 1st April’25: The Company, today announced the
appointment of the new Board and leadership teams for Digitide Solutions and
Bluspring Enterprises, the companies emerging from the demerger process.
The newly appointed Boards and the Board of Quess
Corp Ltd., have appointed the following leadership team to steer the company
toward unlocking value for its stakeholders.
Digitide Solutions Ltd.
- Gurmeet Chahal,
CEO of Digitide Solutions Ltd, comes with over
25 years of experience in the North American technology market, spanning
healthcare and financial services. He brings extensive expertise as a
Global Leader in AI, Analytics, and Innovation within Digital
Transformation Services.
- Suraj
Prasad, appointed CFO of
Digitide Solutions Ltd, after serving as Deputy CFO at Quess Corp for the
past two years. He is a Chartered Accountant (CA), Cost & Management
Accountant (CMA), Company Secretary (CS) and PGDBA by profession with over
25 years of experience across diverse industries such as Telecom, IT/ITES,
Oil & Gas companies in Fortune 500 companies and Indian listed
entities.
Bluspring
Enterprises Ltd.
- Kamal
Pal Hoda, elevated to CEO of Bluspring Enterprises
Ltd, from his current role as the Group CFO of Quess Corp. A Chartered
Accountant and Fellow of ICAI, Kamal brings over two decades of expertise
in core business finance, spanning Business Controlling, Financial
Reporting, FP&A, Capital Allocation, Mergers and Acquisitions,
Investor Relations, Governance, and Audit across industries such as Metals
& Mining, Retail, and Business Services.
- Prapul
Sridhar, elevated to the position of CFO transitions
into this role from his current leadership position in corporate finance
at Quess Corp, bringing with him over 16 years of extensive experience
across finance functions. A
Chartered Accountant by qualification, Prapul has a proven track record of
leading high-performing teams and driving growth. Prior to his tenure at
Quess, he held roles in the technology and consultancy sector companies.
Quess Corp Ltd.
- Guruprasad
Srinivasan, CEO and a
member of the founding team at Quess Corp, has been with the
company for over 18 years
and previously served as Group CEO. Following the demerger, he continues
to lead Quess Corp Limited.
- Sushanth Pai,
appointed as the new CFO of Quess Corp, brings over 27 years of financial
leadership experience across technology, consumer internet and advisory
domains. Prior to joining Quess, he has served in diverse roles including
CFO at Matrimony.com and member of the executive team at a global technology
services company.
The record date for the demerger has been fixed for
the 15th of April 2025 and the shareholders of Quess Corp Limited
will receive shares in Digitide and Bluspring which will mirror their existing
shareholding. The resulting companies Digitide and Bluspring are expected to
commence trading on BSE & NSE in the next two months, subject to
regulatory approvals.
Ajit Isaac, Founder & Executive Chairman, Quess Corp said, “This marks a
pivotal milestone in Quess Corp’s evolution. The establishment of Bluspring and
Digitide as independent entities enables sharper strategic focus, optimized
capital allocation, and accelerated innovation. Each company now has the
agility to scale rapidly, develop specialized capabilities, and seize new
market opportunities. Our commitment remains steadfast in driving shareholder
value, strengthening leadership, and ensuring a smooth transition for the newly
formed companies. We have three able leaders in Guruprasad for Quess, Kamal for
Bluspring and Gurmeet at Digitide who bring deep industry expertise.”
Guruprasad Srinivasan, CEO, Quess Corp said, “With this demerger, we’re unlocking the next
phase of the Company’s growth story. Each business now has the independence to
pursue focused strategies tailored to its sector, driving innovation, agility,
and scale. This leadership transition empowers us to chart a bold path forward
while staying true to our commitment to workforce transformation and client
success.”
Gurmeet
Chahal, CEO,
Digitide Solutions said, “Today, AI, data technology, and intelligent
operations are empowering organizations globally to transform. Digitide's
mission is to deliver AI-powered, digitally native solutions that unlock new
value for customers by growing revenues, enabling efficiencies, and enhancing
experiences.”
Kamal Pal Hoda, CEO, Bluspring Enterprises said: “As urbanization and
infrastructure development gain momentum, Bluspring is poised to become India’s
leading infra services provider. Our commitment to sustainable solutions,
tech-driven service delivery, and high-quality operations will set new industry
benchmarks. With a robust foundation, experienced leaders and a vibrant
culture, we strive to broaden our reach, establish strategic alliances, and
foster sustainable growth.”
About
Quess Corp
Established
in Bengaluru in 2007, Quess Corp Limited (BSE: 539978, NSE: QUESS) is India’s
leading business services provider - that leverages its extensive domain
knowledge and future-ready digital platforms to drive client productivity
through outsourced solutions.
Quess provides a host of managed outsourcing and technology-enabled
services across processes such as sales and marketing, customer care,
after-sales service, back office operations, staffing, manufacturing,
facilities & security management, HR & F&A operations, IT &
mobility services etc. Quess has a team of over 616,000 employees, serving 3000+ clients across India, North America, APAC and the Middle East as
on Dec 31st, 2024.
Quess Corp announced a three-way demerger of its diversified businesses, ultimately resulting in three separate listed companies, namely Quess Corp Ltd., Digitide Solutions Ltd., and Bluspring Enterprises Ltd.
Disclaimer: This document contains statements that constitute forward-looking statements. These statements include descriptions regarding the intent, belief or current expectations of the Company or its directors and officers with respect to the results of operations and financial condition of the Company. These statements can be recognized by the use of words such as ''expects", "plans", 'will", "estimates", "projects", or other words of similar meaning. Such forward-looking statements are not guarantees of future performance and involve risks and uncertainties and actual results may differ materially from those in such forward-looking statements as a result of various factors and assumptions, which the Company believes to be reasonable in light of its operating experience in recent years. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties, regarding fluctuations in earnings, our ability to manage growth, competition, our ability to manage our international operations, government policies, regulations, etc. The Company does not undertake any obligation to revise or update any forward-looking statement that may be made from time to time by or on behalf of the Company including.