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IFS

IGT 1 Lanka is a Sri Lanka-based IT, software, and BPO services provider, operating as a subsidiary of IGT I Holdings Sweden AB with the backing of EQT, Hg, and TA Associates.

About IFS

Embarking on a mission to redefine the landscape of technology and employee offshore services, IGT 1 Outsourcing Lanka (Private) Limited, widely known as IGT 1 Lanka, has rapidly emerged as a significant force in Sri Lanka's burgeoning IT sector. The journey began in 2024, when the company was established as a 100% export-oriented venture, strategically incorporated within the Colombo Port City Special Economic Zone. From its inception, IGT 1 Lanka was positioned for success, operating as a subsidiary of the Swedish powerhouse, IGT I Holdings Sweden AB. This affiliation brought with it the formidable backing of three global private equity giants: EQT, Hg, and TA Associates. This strong foundation provided not just capital, but also a rich heritage of investment and success in the tech industry, including a sister relationship with IFS, a long-standing and major technology employer in Sri Lanka for over two decades.

In a remarkably short period, IGT 1 Lanka has charted an impressive course of growth. Within its first year of operation, the company had already built a dynamic team of over 370 professionals and began serving a global clientele across the Americas and Europe. This swift expansion culminated in a landmark agreement to establish its headquarters within the Business Centre at Port City Colombo, securing two office buildings with an initial plan to house approximately 500 employees. This strategic move not only solidified its physical presence but also underscored its commitment to contributing to Sri Lanka's vision of becoming a premier regional tech hub. The company's ambition doesn't stop there; it has laid out a clear roadmap to more than double its workforce and create over 1,000 direct employment opportunities by 2027, fostering a vibrant ecosystem of innovation, knowledge sharing, and technological advancement, with a keen focus on cutting-edge fields like generative AI.

FAQs

When was IFS founded?
IFS was founded in 2024.
Who is the CEO of IFS?
Sal Laher is the CEO.
What industries or markets does IFS operate in?
IFS operates in the following markets: Information Technology, Generative AI, Software Development, IT Services, Technology Consulting, Business Process Outsourcing (BPO), Digital Transformation, Outsourcing, Offshore Services, and Export Services.
How many employees does IFS have?
IFS has 201-500 employees.
Where does IFS have employees?
IFS has employees in Sri Lanka.
Does IFS support remote work or working from home?
Yes, IFS is a remote-friendly company.
Does IFS offer a four-day work week?
No, IFS does not offer a four-day work week.
What is IFS's tech stack?
IFS has 19 technologies in their tech stack.
What is IFS's website?
IFS's website is igt1sl.com.
Where can I find IFS on social media?
You can find IFS on LinkedIn.
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