Adventity was established in 2003
when our founding team with extensive experience across
the financials services industry spectrum,
including commercial and investment banking, research,
and technology and operations came together to create
an insight-driven knowledge and transactions services
firm that was to become the market leading full service
outsourcing firm for the financial services industry
in the years to come.
Adventity's name originated in the desire to reflect
a forward looking, visionary entity that combined the
spirit of adventure, "advantage", innovation
and technology.
Backed by India's largest round of angel funding in
2003, Adventity commenced operations in January 2004
with the opening of its first delivery center in Mumbai.
Since then, Adventity has added multiple delivery centers
in Mumbai and Chennai with a total operating area of
approximately 500,000 sq. ft. Additionally, Adventity
has a dedicated Mortgage Processing center in Houston
and delivery center in the Dubai Outsourcing Zone to
cater to the demands of the Middle East and North African
markets.
Adventity currently has offices across North America, Europe, Asia and the Middle East, with plans to open further delivery facilities in Poland and China in the foreseeable future. Adventity raised strategic institutional capital of $20MM in Q1 2007 from an investor group led by Norwest Venture Partners, which represented the largest VC investment in India for that quarter. |