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New Delhi May 3 Fiserv India, providers of information technology services to the financial services industry, today announced that it has reached the milestone of having 1,000 employees within 18 months of having set up local operations.

The company plans to increase its operations significantly and grow its headcount to more than 5,000 employees by end-2009, said a company release.

Fiserv India is a part of the Fiserv Global Services group of Fiserv, which was set up in October 2005 to accelerate globalisation of the parent company's operations.

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