Serco Group is currently considering alternatives for how to derive value from Serco India BPO, after failing to sell the Indian BPO unit by the end of June as expected.

The unit’s unrealistically large price tag has been seen by many as the reason why no organisations have bought the business, despite plenty of interest from the likes of Blackstone and SPi Global.

"The process related to the potential disposal of our offshore private sector BPO business, the main elements of which are the former Intelenet business, continues. The board is considering a number of alternative options, and a further update will be provided in due course," said Rupert Soames, Serco’s chief executive.

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