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SQS India BFSI Ltd. Company History and Annual Growth Details

The Company was incorporated on June 8, 1998 under the Companies Act, 1956 as a
private limited company under the name and style of Relliant Global Services (India)
Private Limited with the Company Number being 08/23821 and having its registered
office in Karnataka. Subsequently it changed its name to Thinksoft Global Services
Private Limited on December 17, 1999. Further, the Company changed its registered
office from the state of Karnataka to the state of Tamil Nadu and a Fresh Certificate
of Incorporation Consequent on Change of registered office address was issued by
the Registrar of Companies, Tamil Nadu, Chennai, Andaman & Nicobar Islands, on
February 26, 2008. The status of the Company was changed to a public limited
company by a special resolution of the members passed at an Extra-Ordinary
General Meeting held on July 22, 2008. The fresh certificate of incorporation
consequent on change of name was granted to the Company on August 19, 2008 by
the Registrar of Companies, Tamil Nadu, Chennai, Andaman & Nicobar Islands.

The Company is primarily engaged in software testing services focusing on Banking,
Financial and Insurance services industry.

Key Events and Milestones:

Year Event

1998 The strength of the unique business model - 'Independent financial
software testing and business requirements assurance' encourages the
founders to incorporate the company as a Private limited company in
India.

1998 Citigroup engages Thinksoft for independent software testing and
business requirements assurance services for a global project.

2000 More global banks select Thinksoft as their testing partner

2000 Euro Indo Investments becomes an Investor in Thinksoft

2001 Thinksoft opened UK branch and a subsidiary in Singapore

2002 Thinksoft received ISO 9001:2000 certification from KPMG Quality
Registrar specifically for 'Offshore software testing for Banking, Financial
services and Insurance organisations'

2002 Thinksoft opened subsidiary in USA

2003 Thinksoft selected as a Global testing partner for one of the world's
largest financial services organizations

2003 Expanded office network in London, Chennai and Mumbai

2003 Received order for testing one of the largest core banking
implementations in the world

2004 National Stock Exchange IT and Thinksoft announce strategic partnership

2005 Thinksoft and Bhratathidasan Institute of Management(BIM) announce
software testing course

2005 Thinksoft opened subsidiary in Germany

2006 Thinksoft wins signature clients in new geographies, opens subsidiary in
Germany

2007 Ranked by Deloitte as the 20th fastest growing technology company in
India (Deloitte Fast 50) and 168th fastest growing in Asia Pacific
(Deloitte Fast 500) for the year 2006

2007 Company received ISO 27001:2000 Certification from Underwriter Labs,
USA.

2007 Company opened place of establishment in Hong Kong.

2008 Ranked by Deloitte among the 50 fastest growing technology companies
in India ( Deloitte fast 50) and among the 500 fastest growing in Asia
Pacific for 2007 ( Deloitte Fast 500)

2008 Company opened branch office in Belgium

2009 Ranked by Deloitte among the 500 fastest growing in Asia Pacific for
2008 ( Deloitte Fast 500)


 
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