Firstsource Solutions Limited is a Mumbai headquartered business process management company incorporated in December 2001 and listed on both Indian exchanges (NSE: FSL, BSE: 532809). It's part of the RP-Sanjiv Goenka Group, with RPSG Ventures Limited holding a 53.66% stake as of 31 March 2025. Sanjiv Goenka chairs the company and Ritesh Idnani has been Managing Director and CEO since September 2023.
The company runs customer lifecycle and back office operations for regulated industries: healthcare payers and providers, banking and financial services, mortgage, collections, communications, media and technology, retail and utilities. It says it serves more than 200 global brands including Fortune 500 and FTSE 100 companies, and it operates across roughly ten countries covering India, the US, the UK, the Philippines, Mexico, Romania, South Africa, Australia, Trinidad and Tobago, and Turkey.
For FY26 Firstsource reported revenue of INR 9,556 crore (USD 1,082 million), up 19.7% year on year, with a closing headcount of 36,205 and attrition of 29.7%. Growth has come partly through acquisitions: QBSS and Ascensos in 2024, and Puerto Rico based healthcare technology firm TeleMedik in January 2026. In March 2026 the company launched an agent first operating model it calls Intelligence That Operates.