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The Silicon Review Asia

TDCX Valuation Jumps to US$2.57 billion After IPO

TDCX Valuation Jumps to US$2.57 billion After IPO

TDCX IPO raised $349 million

Singapore-based high-growth digital customer experience solutions provider TDCX has raised a remarkable $348.5 million as it debuted on the New York Stock Exchange ("NYSE"). The company's market value jumped to $2.57 billion.

The global customer experience services market will be worth $100 billion by 2025. According to Frost & Sullivan, the digital CX solutions market in Southeast Asia alone is expected to reach $14 billion by 2025. TDCX is positioned well to capture opportunities in the space.

"Through our more than 13,000 talented, multi-ethnic and multi-cultural team members who are at the heart of our operations, we help our clients solve their most complex and demanding customer interactions in more than 20 languages daily across 10 geographies. We are grateful for the support of our clients, many of whom are global technology companies that are fuelling the growth of the digital economy," said Mr. Laurent Junique, Chief Executive Officer and Founder of TDCX.

TDCX has a remarkable international presence, including Singapore, Philippines, Malaysia, Thailand, China, Japan, Spain, India, Colombia, and Romania. The company provides its services to clients in over 20 languages.

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