pocketful logo
Firstsource Solutions Ltd logo

Firstsource Solutions Ltd

NSE: FSL BSE: 532809

310

(1.67)%

Tue, 03 Feb 2026, 08:36 am

firstsource solutions ltd History

2001

  • Our Company was incorporated as ICICI Infotech Upstream Limited on December 6, 2001

2002

  • Acquisition of Customer Asset Indian Private Limited (Bangalore)
  • Second delivery centre (Mumbai)
  • Third delivery centre (Bangalore)
  • The name was changed to ICICI OneSource Limited
  • ICICI Bank was allotted 70,000,000 POCDs in our Company for a total consideration of Rs. 700,000,000

2003

  • First company to be awarded COPC certification for both voice and back office processes
  • Acquired First Ring Incorporated
  • WestBridge Capital Partners, now managed by Sequoia Capital Partners, invests in our Company
  • Crossed 3,000 full time employees
  • First Indian BPO company to achieve British Security Standard BS 7799 for information security
  • Crossed Rs. 1,000 million in annual revenues
  • Registered office was changed to 6th Floor, Peninsula Chambers, Peninsula Corporate Park, Ganpatrao Kadam Marg, Lower Parel, Mumbai with effect from January 6, 2003

2004

  • Fourth delivery centre (Mumbai)
  • Crossed 2,000 seats
  • Crossed 4,000 full time employees
  • Acquisition of majority stake in Pipal Research Corp, USA (New Delhi Centre)
  • Aranda invests into our Company
  • Sixth delivery centre (Mumbai)
  • Acquisition of Accounts Solutions Group LLC (Amherst, NY Centre)
  • Crossed 4,000 seats
  • ICICI OneSource acquires Chicago- based research and consulting firm, Pipal Research Corporation
  • ICICI OneSource has acquired a New York-based consumer debt collections agency Account Solutions Group (ASG)

2005

  • Crossed 5,000 full time employees
  • Acquisition of RevIT Systems Private Limited (Chennai and Pondicherry)
  • Tenth delivery centre (Trichy)
  • Crossed 6,000 full time employees
  • Crossed 7,000 full time employees
  • Eleventh delivery centre (Bangalore)
  • Crossed 6,000 seats

2006

  • Strategic partnership with Metavante Corporation
  • Crossed Rs. 5000 million in annual revenues
  • Twelfth delivery centre (Belfast, Northern Ireland)
  • Thirteenth delivery centre (Kinston, NY)
  • Fourteenth delivery centre (Kolkata)
  • Crossed 9,000 full time employees
  • Fifteenth delivery centre (Londonderry, Northern Ireland)
  • Crossed 8,000 seats
  • Sixteenth delivery centre (Argentina)
  • Seventeenth delivery centre (Reno, USA)
  • Company name changed to Firstsource Solutions Limited
  • The Company entered into a shareholders’ agreement with its shareholders

2007

  • Company name has been changed from ICICI OneSource Ltd to Firstsource Solutions Ltd.

2008

  • Firstsource signs outsourcing contract with Barclays.

2010

  • Firstsource Solutions has inked a five - year outsourcing agreement with private sector lender Axis Bank.

2011

  • Golden Peacock Award
  • Asia’s Best Employer Brand Award 2011
  • Ranked No. 1 in extended business office services for KLAS’ 2010 Top 20 Best in KLAS Awards: Software and Professional.
  • Firstsource Recognized with Top Honors at the International Quality and Productivity Council (IQPC) Conference.

2012

  • The European Call Centre and Customer Service Awards 2012 - Outsourcer of the Year.
  • Firstsource bags Aaj Tak Care Awards for creating livelihood in the rural sector.
  • Firstsource Wins Marketing Magazines’s Contact Centre Agency of the Year Award.
  • Firstsource Partners with Digi-EXPress® to Deliver Cloud-Automated Solutions for Publishers’ Intellectual Property Rights, Content Licensing and Contracts.
  • Firstsource Solutions organizes 3rd edition of Road Safety Awareness Drive in Trichy
  • Registered Office of the Company has been shifted from 6th Floor, Peninsula Chambers, Ganpatrao Kadam Marg, Lower Parel, Mumbai - 400013 to 5th Floor, Paradigm 'B' wing, Mindspace, Link Road, Malad (West), Mumbai 400064.

2013

  • Mr. Ganesh Iyer has been appointed as Head - Strategy and Investor Relations of the Company.

2014

  • Firstsources First Customer Intelligence Solution Receives Frost & Sullivans 2013 North American New Product Innovation Award for Contact Center Outsourcing

2015

  • Firstsource Bags Multiple Honours for Innovative HR Initiatives
  • Springvale in Partnership with Firstsource
  • Firstsource Recognised for Industry Excellence at Frost & Sullivan 2015 Asia Pacific Best Practices Awards
  • Firstsource secures win at UK Customer Experience Awards 2015
  • Firstsource Launches University-Accredited Degree
  • Firstsource Wins Three Awards at Welsh Contact Centre Awards 2015

2016

  • The Company has completed the acquisition of the BPO division of ISGN Corporation.
  • Best Employer Brand Award – Regional Best Employer

2017

  • Firstsource signs contract for strategic partnership with Sky UK.
  • Global HR Excellence Awards.
  • NASSCOM Customer Service Excellence Awards.

2018

  • First Received UK Customer Experience Awards.
  • First Received NASSCOM Customer Excellence Award.

2019

  • First Received UK Customer Experience Award.
  • First Received Contact Centre Network NI Awards.

2020

  • First Received Welsh Contact Centre Awards.
  • First Received Contact Centre Network NI Awards.

2021

  • Firstsource Solution to acquire 100% stake in American Recovery Service Incorporated.
  • Firstsource awarded IIP ‘We invest in people’ Gold accreditation for the second time in a row.
  • Firstsource Launches Strategic Transition to Cloud for all Healthcare Solutions, Accelerating Innovation, Access, Security and Flexibility for Clients.
  • First Received Contact Centre Network NI Awards.
  • First Received UiPath Automation Excellence Awards.

2022

  • Firstsource Named Best in KLAS® for Eligibility and Enrollment Services.
  • Firstsource Named a Leader by Everest Group in Healthcare Payer Operations PEAK Matrix® Assessment 2022.
  • Firstsource Solutions Acquires American Recovery Services, Inc.

2023

  • Brandon Hall 2023 HCM Awards.
  • Awarded Bronze badge by Ecovadis for our sustainability efforts in 2023.
  • Bronze for ‘Best Advancement in crafting an exceptional Learning and Development strategy’.
  • Firstsource Solutions Launches AI Platform FirstSenseAI.
  • Firstsource Hits 500-Employee Milestone in West Midlands in First Year.

2024

  • Firstsource Partners With Webid Group To Fortify Platform Safety And Advance Tech-Driven Trust & Safety Solutions.
  • Firstsource UK acquires Acensos, acquisition aligned to strategic expansion into retail vertical, strengthen nearshore, multi-lingual capabilities.
  • Firstsource recognized as a ‘Leader’ in Avasant's Mortgage Business ProcessTransformation 2024 RadarView.

Open Your Free Demat Account Now!

Step into a world of zero fees and limitless opportunities!

pocketful logo

2022-25 Pocketful. All rights reserved, Built with in India

Version -5.76

app image 1app image 2

Explore

Calculatorsfooter arrow down icon
Popular Calculatorsfooter arrow down icon
Group Stocksfooter arrow down icon

Pocketful Fintech Capital Private Limited (CIN U65999DL2021PTC390548) | The SEBI Registration No. allotted to us is INZ000313732. NSE Member Code: 90326 | BSE Member Code: 6808 | MCX Member Code: 57120 DP | CDSL: 12099800