Comments
Pune-headquartered IT services player, Cybage Software Pvt Ltd inaugurated its latest facility at the International Financial Services Centre (IFSC) in Gujarat International Finance Tec-City (GIFT City). The company will have a capacity of 300 employees at the newly-built facility.
The technology consulting player specializes in outsourced product engineering services and provides solutions to Independent Software Vendors (ISVs).
The company had reported the overall revenues of about ₹1,000 crore (2018-19) and is looking at growth from its services exports business.
"Business is growing but we need a quick spurt in the demand for satellite centers such as Gandhinagar. We are growing overall at about 17 per cent for 2018-19. We look to employ about 1000 professionals in the next one year," said Arun Nathani, CEO and MD, Cybage .
The company has a total strength of over 6,000 employees, across three development centres-- Pune, Hyderabad, and Gandhinagar and overseas. Its domestic business is less than one per cent of its overall business.
Cybage also acquired an additional 700-seater facility in Pune.
Dipesh Shah, Head – GIFT SEZ said, "This is yet another endorsement of the concept of GIFT City and makes it a preferred destination for the companies such as Cybage."
Comments
COMMENT NOW
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.