|BPO industry was always a poster child for Private Equity Players.|
|According to industry estimates, at least 10 of the top 15 third party BPO companies have received PE backing in one form or the other.|
|PE firms invested $227 million in 12 BPO firms in the first nine months of 2007, according to data from Venture Intelligence.|
|PE firms have invested over $1.2 billion in the sector (across 50 deals) since 2004.|
However presently with the changing economic condition , there was a little reluctance seen on PE players on putting more investment in BPO market.