KKR places bigger bet on India

Global investment giant KKR is expanding its presence in India by setting up a center in Gurgaon. The center will initially have 150 employees, focusing on operations and finance-related issues. In the future, it may also handle technology-related aspects. KKR's decision to establish a center in Gurgaon was driven by the availability of a massive talent pool in the area. The move is expected to impact Cognizant, as KKR plans to reduce its outsourcing contract and bring certain functions in-house. The center in Gurgaon may also expand to include HR, compliance, and legal functions.

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