Noventiq, the IT solutions and services firm, has launched a new office in Bengaluru, to serve as a hub for its projects, both domestic and global. While the new office will start off with a team of 100, it will soon expand in the next couple of months. There is a plan to hire 500 for the India team, in the area of data and artificial intelligence (AI). Presently, the India team is 3,000 strong, and the aim is to expand to a 3,500 strong workforce.
The British company’s gross revenue in India has gone up to $686 million in the financial year 2023, which is a significant increased from the $477 million of financial year 2022. The Considering that it began operating a decade ago, with a revenue of merely $2 million, it has come a long way in the past ten years.
The British company is also looking to add talent to its information technology (IT) support and customer operations teams.
Vinod Nair is the president of Noventiq India, and he will be playing a huge role in building the strength and capability of the firm here. As per media reports, Nair had indicated that the company’s main focus this financial year is to expand tech and sales teams by 20 per cent each.
Recently, the digital transformation and cybersecurity-solutions firm appointed Jerry Letter as chief financial officer and head of corporate development. He reports to Herve Tessler, CEO, Noventiq.