Ex-Infosys Board Member and CFO V Balakrishnan has joined the advisory board of Bangalore-based Avekshaa Technologies. Avekshaa, founded by Rajinder Gandotra, Arun Ramu and Ashutosh Shinde, all ex-Infosys employees, provides IT solutions to banks, financial institutions and telecom companies and figured in the Nasscom top-50 start-up list. Balakrishnan will mentor Avekshaa management on supporting its international growth plans, a spokesperson from Avekshaa said. Further, Balakrishnan will guide the company on key financial matters, suggest improvement in the company strategy and new ideas for business growth, according to industry watchers.
Avekshaa has seen its revenues grow 141 per cent in 2013 and, according to Gandotra, is looking to expand into the US, Australia and Middle East. “As a part of the company's 2020 vision, we expect revenues of ₹500 crore and plans to increase our headcount from 15 to 1,500, he told Business Line .
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.