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Corporate Global

Park Place Technologies establishes first office in India

Park Place Technologies has announced the opening of a new office in Hyderabad, India. The office in Hyderabad will enhance the company’s ability to deliver its award-winning data center hardware maintenance and full suite of managed services to customers in India, as per the company’s statement. It added, “The 24/7 Hyderabad facility will feature 2,500 […]

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Corporate Global

UST plans to double the headcount to 2000 within the next two years

UST, a digital transformation solutions company, has announced the expansion of its workforce in its center at Hyderabad, Telangana, to over 1,000 employees. The company plans to double the headcount and add 1000 more associates in Hyderabad by the end of 2023. UST’s Hyderabad center, located in the state of Telangana, was opened in 2018 […]

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Investment

Värde Funds $155 Million for Two Office Developments in Hyderabad, India

Värde Partners, a global alternative investment firm, has announced that it has provided senior construction financing on two pre-leased office assets in the Gachibowli Financial District of Hyderabad, India. The $155 million facility will be used to refinance and fund to completion over 2.5 million square feet across the two Grade A developments owned by […]

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Corporate Global

Vitech Continues Expansion with Hiring of 800th Employee in Hyderabad, India Office

Vitech, a provider of cloud-native administrative software, has announced that its Hyderabad, India office has hired its 800th employee. Vitech first established its presence in Hyderabad in 2003 to provide 24/7 coverage and additional support for Vitech’s clients. “The swift development and diverse talents of Vitech’s Hyderabad location exemplify our ongoing global expansion,” said Anurag […]

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Corporate

SYKES opens 4th Centre in Hyderabad, plans to hire hundreds

Global digital marketing and customer service outsourcer SYKES opened its fourth centre in Hyderabad. Located at Laxmi Infobahn (LIB) in the Kokapet area, this huge workspace of close to 44,000 sq. ft. will be their 6th site in the country and the second space they’ve opened since the lockdown began. This expansion adds another 500- […]

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Press Release

CIE-IIITH & Headstart Hyderabad Inks MoU with MUST Research

CIE-IIITH, a deeptech academic incubators in India alongwith Headstart Network (Hyderabad Chapter), known for its Startup Saturdays and programs supporting early stage startups, signed an MoU with MUST Research for running AI Product Development Bootcamp.  Through this association, the 3 parties will collaborate to organize and run a 5-day bootcamp every month starting from February 2021. MUST Research mainly focuses on advanced research […]

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Investment

Amazon India opens two new fulfilment centres in Telangana

Amazon India announced the expansion of its fulfilment infrastructure in Telangana with 2 new fulfilment centres (FC) in Hyderabad. This expansion will help sellers offer a wider selection and enable faster deliveries of customer orders within the region and neighbouring states ahead of the upcoming festive season.  With this infrastructure, Amazon.in now offers storage capacity […]

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News

Bounce resumes its services in Bangalore and Hyderabad

Bounce, one of India’s largest shared mobility players, announced that it has resumed its operations in Bengaluru and Hyderabad.  In addition to its dockless scooter sharing model, Bounce has introduced flexible long-term rental plan and a subscription based model, Bounce – A (AtmaNirbhar) to ease commute within cities during the lockdown 4.0. The company said […]

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Corporate

Ryan opens additional office in Hyderabad, To hire professionals

Global tax services and software provider, Ryan LLC, recently announced the opening of its second office in Hyderabad, India. The new office at Salarpuria Sattva Knowledge City will be used for supporting the company’s accelerated growth. The company also plans to hire people for its new office. In a company statement, CEO and Chairman of […]

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Corporate

Uber to enter Indian fintech market with Uber Money

Ride-hailing startup Uber has recently announced that it would strengthen its fintech process in India with the formation of Uber Money. It has even set up a team of over 100 technology professionals responsible for global financial products and technology innovations, at its Hyderabad Tech center. With the announcement, the company has surprised many who […]

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Press Release

A Report suggests Asia’s property market outlook improves, Hyderabad and Bangalore to be the fastest growing cities

Overall activity in Asian property markets remains firm, and recent developments brighten prospects for the coming year and should raise confidence among investors, developers and occupiers, according to a new report by Colliers International, a global commercial real estate services provider. Despite headwinds, such as the general economic slowdown, trade situations between the US and […]

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Talent Ecosystem

Intel’s Hyderabad facility to incubate electronics hardware and systems start-ups

On Tuesday, Intel opened its new engineering and entrepreneurship center in Hyderabad after one in Bangalore.

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Investment News

Oppo sets up R&D center in Hyderabad, plans to hire 500 engineers.

The Chinese consumer electronics and mobile communication company, Oppo Electronics Corporation (commonly referred to as Oppo), has set up its first research and development (R&D) center in India, Hyderabad, this new center is said to be the 4th R&D set up globally and the largest outside China. However, the company did not disclose the investment details. “The brand […]

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Corporate Investment News

Qualcomm plans to set up largest campus outside the US in Hyderabad

Qualcomm Incorporated, the American multinational semiconductor and telecommunications equipment company has announced on Saturday that the company is planning to open its largest campus outside the US in Hyderabad. The Company’s officials Shashi Reddy, Vice President (Engineering) and Chandra Shekar Kumili, Director (Operations) met IT and Industries Minister KT Rama Rao on Saturday to discuss […]