Exela Technologies Signs Strategic Partnership with Quintes Global

Exela Technologies, Inc. (“Exela”) (NASDAQ: XELA, XELAP), a global business process automation (“BPA”) leader, today announced a partnership with Quintes Global (“QG”), an innovative company with a differentiated first-of-its-kind offering of ‘Dedicated Captive Solutions’ headquartered in New Delhi, India. Exela will deploy its cloud-based Robotic Process Automation (“RPA”) solution, to enable end-to-end digitization of processes performed by QG for its customers under the unique Dedicated Captive Model.

Exela provides an intuitive and fully customizable RPA solution that can be leveraged to create task-specific software bots that deploy best practices using big data, machine learning, artificial intelligence, natural language processing, and predictive analysis. The solution is a component of Exela’s Exchange for Bills and Payments (“XBP”) portfolio within the Information and Transaction Processing Solutions (“ITPS”) accounting segment, which generated $874.2 million in revenue for FY 2021.

“Exela is maximizing its relationships and infrastructure in Asia to drive revenue within the region. We are excited to partner with Quintes Global to enable end-to-end digital transformation of their customers’ organizational processes,” said Sandeep Sapru, President, India and Philippines, Exela Technologies BPA. He added, “We look forward to solving major pain points such as extended turnaround times, manual errors, and sub-optimal capacity utilization and are building and deploying bots to make the processes robust, smart, and efficient to eliminate these challenges.”

Rakesh Sinha, Founder and CEO, Quintes Global emphasized the value of the strategic partnership between QG and Exela by stating, “QG’s Transformation Capability as a Service (“TCAAS”) offering combines the optimization of existing technology as well as bringing in new-age technology for effective transformation. Exela brings immense value to our aggregated capabilities for cutting-edge technology and tools that help in driving end-to-end enterprise services transformation. We firmly believe in our mantra of ‘Transformation in a Box’ – blended and balanced focus on technology, process redesign and change enablement.”

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