Crime Today News
Francis Padamadan-CEO Designate-Xpheno
Recruitment and technology consulting firm Xpheno aims to achieve ₹500 crore in revenue by the end of FY26, after closing FY25 with a turnover of approximately ₹300 crore. The company is also preparing for its upcoming IPO debut.
As part of its IPO preparation, Xpheno has made key changes in senior leadership. Francis Padamadan has been appointed as CEO-Designate, streamlining responsibilities previously handled by Co-founders Kamal Karanth and Anil Ethanur. With this leadership transition, the company is strengthening its focus on specialist staffing, developing strategic Global Capability Centres (GCC) partnerships, and expanding into new geographies.
Commenting on the appointment, Kamal Karanth, Co-founder of Xpheno, stated, “We are at a pivotal stage in our growth, and anchoring our leadership team with Francis is a crucial step toward becoming a dominant player in the specialist staffing space.”
Unique opportunities
India’s $6 billion specialist staffing market is evolving rapidly, with over 40 new GCCs entering annually, adding about 20,000 new hires from existing IT talent pools. At the same time, more than 50,000 software engineers migrate out of India each year, creating unique staffing opportunities, the company said.
Founded in 2017, Xpheno is a specialist staffing firm headquartered in Bengaluru. It has recruited over 23,000 niche tech professionals for GCCs and large enterprises and has a presence in key Indian cities, including NCR, Mumbai, Pune, Chennai, Hyderabad, and Udupi, as well as internationally in the US.
Published on April 3, 2025
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