Currencies Direct, a UK-based commercial foreign exchange company, plans to enter India in a strategic way. The company, co-founded by NRI entrepreneur Mayank B. Patel, who has family roots in Baroda in Gujarat, said that the company has registered a turnover of œ650 million this year as against œ431 million last year. ‘‘We are one of the fastest growing companies. We are really aiming for a turnover of œ1 billion in the next 18 months,’’ he claimed. Patel, who was one of the winners of the NRI Excellence Award in New Delhi last month, said his company planned to open a dedicated service centre in Pune employing about 100 people to act as a hub for its present and future offices. ‘‘This centre is being initiated after consideration of both core and non-core business processes. Not only will it serve to streamline the non-core processes, it will also keep the company ahead of its competition by creating a 24-hour operation working in 3 shifts to look after front-end core processes.
