Bipin Nambiar

Applied Development is an IT offshoring company that develops software for European companies in India. They work with a combination of European project management and Indian development. The main shareholders of Applied Development were previously involved with the founding and operation of an IT offshoring company which has been subsequently acquired by a large Belgian bank. This company is today one of the largest captive offshore development centers of any Belgian company in India. Applied Development approaches software development as a discipline in its own right and provides services to companies, end users, as well as product development companies, to build professional software cost-effectively. The company adheres to the best practices in software development. It involves using the right kinds of processes and procedures to achieve the best results with respect to quality, and giving this quality at the best possible price to its clients. It is to meet this objective that they offshore a major part of their development to its own development centre in India, while the Project Management is based in Belgium.

Part of Cognizant Technology Solutions Corp., ValueSource Technologies Pvt Ltd. is an Indian company that develops software and provides business process outsourcing services. The company is based in Chennai, India. The company was founded by Bipin Nambiar. ValueSource Technologies was acquired by KBC Bank & Verzekering Holding NV on June 29, 2004.

KBC Bank & Verzekering Holding N.V. The Company's principal activity is the provision of banking and insurance services in Belgium and abroad. The Company offers the following services to customers: Traditional Banking (loans, deposits, savings certificates, leasing, factoring, payments and securities); Insurance (personal and group life assurance, non-life insurance and reinsurance); Markets (money and capital market activities); Asset Management (issues, management, purchases and sales of investment funds, discretionary management on behalf of customers)