Verod Capital and AfricInvest have announced the consolidation of a majority stake in iSON Xperiences, an ICT solutions provider in Africa.
Danladi Verheijen, Cofounder and Managing Partner at Verod Capital, disclosed this in a press release seen by Ripples Nigeria on Tuesday.
iSON Xperiences is a customer service and outsourcing company, specializing in delivering BPO, business process management, and digital customer experience solutions across Africa, the United Arab Emirates, and India.
The firm serves over 500 million end-users in diverse sectors, and employs more than 18,000 individuals across 19 countries.
The new capital infusion is expected to enable diversification of services and expansion into new markets.
Speaking on the development, Danladi Verheijen, noted that the new acquisition highlights Africa’s potential for BPO services and the transformative impact of AI on addressing financial challenges.