Independent
businesses with
shared values
We fund and support each business, while giving it the autonomy to run itself with the responsibility of delivering results.
After a decade as an HR leader, Ajit Isaac began his entrepreneurial journey in 2000, when he founded People One Consulting, an HR services firm. The company’s growth was shaped in part by what he observed during a visit to the United States in 2001, where he saw temporary staffing developing into a significant industry. Around the same time, India’s private equity market was evolving, creating new possibilities for entrepreneurs to build businesses at scale. In 2004, he sold a controlling stake in People One Consulting to Adecco, one of the world’s largest staffing companies, while continuing his association with Adecco for the next three years.
In India, a decade after liberalisation, the IT and services boom was accelerating demand for talent and drawing millions towards new opportunities. With formal employment unable to keep pace, Ajit Isaac founded IKYA in 2007 to help address that gap by connecting people to organised employment. IKYA eventually became Quess Corp.
In 2013, Fairfax Holdings joined as a long-term investment partner and became part of Quess Corp, the founding business of Triventure Holdings. Its patient capital provides the group’s four businesses with stability and the freedom to build for the long term. Today, the promoters, Fairfax Holdings and Ajit Isaac, together own approximately 57% of each listed entity.
Through acquisitions and expansion into businesses beyond staffing, Quess Corp evolved into a group of companies employing more than 600,000 people across ten countries. Today, those businesses operate across workforce solutions, technology, digital business services, and infrastructure.
2007-2011
The foundation
- IKYA is founded in 2007. The company later becomes Quess Corp.
- Park Equity Holdings provides the first institutional capital.
- Avon, now part of Bluspring, becomes the group’s first acquisition.
- Acquires Magna Infotech, expanding the IT staffing business.
- Acquires Coachieve, an HR Solutions company.
2012-2016
Capital and conviction
- Fairfax becomes a promoter in 2013, beginning a partnership that continues today.
- IKYA renamed Quess Corp in 2014.
- Acquires Randstad Sri Lanka and Terrier Security, and invested in Manipal Integrated Services.
- Quess lists on the NSE and BSE in 2016, with its IPO oversubscribed 147 times and raising around ₹400 crore, making it the highest ever in India at that point.
- Total headcount crosses 150,000, including more than 100,000 in General Staffing.
2017-2021
Scale and reach
- Quess raises ₹874 Cr capital through an institutional placement.
- Acquires Tata Business Support Services, becomes the foundation for Digitide.
- Acquires Monster (APAC and Gulf), HCL’s care unit ‘Digicare’, and a 74% stake in Allsec Technologies.
- Forms a joint venture with Trimax IT Infrastructure and Services, now part of Bluspring.
- Quess ranks 69th among SIA’s top global staffing firms.
- Acquires Comtel Solutions, marking Quess’s entry into Singapore.
- Acquires Allsec Technologies, expanding Quess's BPM and customer experience services.
2022-till date
The institutional chapter
- Quess Corp demerges in 2025, resulting in two new listed entities - Bluspring and Digitide, alongside Quess Corp.
- Group headcount in general staffing reaches 600,000, including 100,000 women.
- Quess ranks first among India’s largest staffing firms by SIA in 2025.
- The holding companies earn Great Place to Work certification for the sixth consecutive year and rank 19th among India’s Top 100 Companies in 2025.
- Acquires LSG Sky Chefs India’s Bengaluru operations, entering aviation catering.
- Adds STEAG India to the group, expanding its power services business in India and Botswana.
Key metrics
Triventure in numbers
IKYA is founded.
Aggregate promoter ownership, including Fairfax, in each listed entity.
Revenue CAGR since 2016.
Acquisitions completed, against three divestments.
Listed companies: Bluspring, Digitide, Alldigi Tech, and Quess Corp.
People across the group, including 100,000 women.
Combined market capitalisation
M&A record
Multiple acquisitions.
Capability built across businesses.
Over the years, acquisitions have helped Triventure enter new markets, add specialised capabilities, and strengthen the businesses we own, playing a central role in building the scale and depth of the group today.
GOVERNANCE system
Group Executive Council
Independent oversight across Bluspring, Digitide, Alldigi Tech, and Quess.
Each board is responsible for its company’s strategy and performance.
Ajit Isaac
Founder & Chairman, Triventure Holdings
Ajit Isaac brings over two decades of experience building and scaling enterprises across India’s business services sector. Since beginning his entrepreneurial journey in 2000, he has built Quess into a major workforce solutions business, with nearly 480,000 associates and approximately US$2.5 billion in revenue. In 2025, he led the strategic demerger of Quess into three independent listed companies – Quess Corp, Digitide Solutions and Bluspring Enterprises – bringing them under Triventure Holdings. A gold medallist in postgraduate human resources and a British Chevening Scholar at Leeds University, Ajit began his career in corporate roles before building his own businesses. His leadership has also shaped landmark partnerships, including Fairfax Financial Holdings’ investment in 2013.
Beyond business, Ajit is committed to advancing education, healthcare, public policy and legal reforms. Through the Quess Foundation, more than 16,000 students across 75 government-run schools have received support. His philanthropic initiatives include the Isaac Centre of Public Health at the Indian Institute of Science, paediatric centre at CMC Vellore, and a palliative care centre in Karnataka with Johns Hopkins University as a technical partner. He also contributes to education and innovation through his roles with Ashoka University, St. Joseph’s University and the Karnataka Technology and Innovation Museum Foundation. His work reflects a long-term commitment to building institutions that create lasting impact.
Kamal Pal Hoda
CEO & ED, Bluspring
Kamal Pal Hoda’s career spans over two decades in business and finance across the metals and mining, retail, and business services industries. A Chartered Accountant and Fellow Member of ICAI, he has led key functions spanning business controlling, financial reporting, FP&A, capital allocation, M&A, investor relations, governance, and audit. He served as Group Chief Financial Officer of Quess Corp Limited from January 2023 to April 2025, when he was elevated to CEO & Executive Director of Bluspring as part of the business demerger. Previously, he was the CFO of the mining business at Hindustan Zinc, a Vedanta Group company.
As CEO & Executive Director of Bluspring, Kamal brings a strategic, results-driven approach to transformation, operational excellence, and innovation, positioning the company for sustained growth and a stronger competitive edge. Recognised among India’s Top 250 Great Managers by People Business Consulting and honoured with several accolades for leadership excellence, he is known for building high-performance teams, delivering measurable results, and guiding the organisation’s growth with vision and purpose.
Sameer Ahluwalia
CEO & ED, Digitide & Director, Alldigi Tech
Sameer Ahluwalia is an experienced business leader with over two decades of experience across North America, the UK, EMEA, and India. His expertise spans profitable growth, turnarounds, restructuring, P&L management, and digital and AI initiatives. He has held senior leadership roles at Alvarez & Marsal, RPSG Group/Firstsource, HCL Technologies, Capgemini, and GE, working with boards and stakeholders across multinational corporations, promoter-led businesses, and advisory firms.
Most recently, as Managing Director at Alvarez & Marsal, he focused on cross-border value creation and transformation for private equity sponsors, portfolio companies, and mid-market businesses. Previously, as Group President at RPSG Group/Firstsource, he led the turnaround of a services organisation across six countries, with over 8,000 employees and 200 clients. He integrated acquired businesses, improved profitability, strengthened governance, and shifted the organisation towards domain and technology-led services. At HCL Technologies, he helped scale a global BFSI-BPO and platform business to US$200 million in revenue and led transformation programmes for global financial institutions. A Six Sigma Black Belt and member of the Forbes Business Development Council, Sameer brings a transformation-focused approach to sustainable growth.
Lohit Bhatia
CEO & ED, Quess Corp
Lohit Bhatia is the Executive Director and Chief Executive Officer of Quess Corp Limited and has over 28 years of multi-industry experience. Since joining Quess in 2011, he has helped grow its associate workforce from 13,000 to nearly 480,000, establishing the company as India’s leading staffing organisation and the world’s fourth largest by headcount. His leadership has supported expansion across the Middle East, Singapore, and Sri Lanka through mergers and acquisitions, integration, and sustainable growth. Quess was ranked 37th globally by revenue in the 2024 Staffing Industry Analysts rankings, reflecting its scale and reach.
Lohit is a prominent advocate for workforce formalisation, labour reform, skilling, and employability. He served three consecutive terms as President of the Indian Staffing Federation from 2020 to 2026 and represents Southern APAC on the Board of the World Employment Confederation. He works with policymakers and institutions, including the Udaiti Foundation, Central Advisory Board on Wages, CII, and EFI, on wages, labour codes and the future of work in India. With qualifications in economics, marketing and sales, and computer systems, and earlier experience across textiles, auto components, and services, he brings a broad commercial perspective to business development and large-scale workforce solutions.
Ruchi Ahluwalia
COO, Digitide & Director, Alldigi Tech
Ruchi Ahluwalia has 25 years of global professional experience across people leadership, organisational transformation, and business operations. She is Chief Operating Officer of Digitide Solutions Limited, with a mandate to strengthen execution, accountability, and consistency while supporting the company’s businesses and growth priorities. Previously, she served as Chief People Officer at Digitide and Quess Corp, where she repositioned HR as a strategic, AI-enabled function and developed a strong leadership pipeline. Earlier in her career, she held senior HR leadership roles at Eaton, Scania Commercial Vehicles India, and Carl Zeiss India, overseeing functions across country and regional markets.
Ruchi has played a key role in major corporate milestones, including listing and demerger activities, CXO and board appointments, and executive total rewards across the group. Her board experience across listed companies and subsidiaries brings a governance perspective to organisational change. Her contributions have earned her recognition as one of India’s Most Transformative CHRO Leaders (2026), India’s Greatest CHRO (2024), and among the Top 10 Women Chief People Officers (2024), Asia’s 50 Most Influential HR Professionals, and the 101 Top HR Minds. She holds an MBA, a bachelor’s degree in Life Sciences, and an SPHR certification from HRCI, USA.