Virtusa Stock

Virtusa is a leading worldwide provider of next-gen information technology (IT) consulting and outsourcing services

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About Virtusa Stock

Virtusa Corporation (NASDAQ GS: VRTU) is a global provider of information technology (IT) consulting and outsourcing services that accelerates business outcomes for Global 2000 companies and leading software vendors in banking and financial services, insurance, healthcare, telecommunications, technology, and media & entertainment. Virtusa helps CXOs' address the dual challenge of growing revenues while improving IT cost efficiencies. Virtusa's digital transformation & innovation (DTi) solutions as well as Digital Hub Innovation-as-a-Service offering enable clients to reimagine the customer experience, accelerate revenue growth and creating lasting business value. The company’s operational excellence (OE) solutions help clients reduce risk, improve operational efficiencies, and lower IT costs. Virtusa delivers services across the IT lifecycle, including consulting, solution design, technology selection, implementation, testing, and maintenance, including infrastructure support. With a strong heritage in software engineering, Virtusa is highly qualified to both develop and maintain software, using a proven platforming methodology and advanced Agile and Accelerated Solution Design techniques to reliably deliver results on time and within budget. Holding a proven record of success across industries, Virtusa readily understands its clients' business challenges and uses its domain expertise to deliver distinctive, differentiated and innovative applications of technology to address its client critical business challenges. Examples include building the world's largest P&C claims modernization program; one of the largest corporate customer portals for a premier global bank; an order to cash implementation for a multinational telecommunications provider; and digital transformation initiatives for media and banking companies. Through the acquisition of a majority interest in Polaris Consulting Services Ltd. in March 2016, Virtusa has created a robust platform to provide end-to-end solutions and services in banking and financial services, strengthening its positioning as a top, global FinTech services provider. Virtusa Corporation is headquartered in Massachusetts and has 50 offices across North America, Europe and Asia.

Funding History

September 2000$13.5M
February 2001$6.0M
November 2002$6.5M
April 2004$20.0M
May 2017$108M


Global Head of Digital Solutions

Frank Palermo

SBU Head, Strategic Accounts, Banking and Financial Services

Sanjeev Gulati

Global Delivery Head, Banking and Financial Services

Darshana Pai

EVP and Head of Engineering

Chandika Mendis

Global Solutions Head, Banking and Financial Services

Bob Graham

Global Head of Business Consulting and Business Process Transformation

Tim Wright

SBU Head, Rest of World, Banking and Financial Services

Sanjay Deshpande

Senior Director, Healthcare

John Engerholm

Senior Officer, Global Head of Healthcare, Insurance & Life Sciences

Jim Francis

Chief Information Officer & Head of Business Process Excellence

Madu Ratnayake

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