Symphony Ventures starts development centre in India
IT automation firm Symphony Ventures today announced the opening of its development centre in Bengaluru to serve global clients with operations in India, the Middle East and Asia Pacific.
"Demand for Symphony's services is growing rapidly and our new operation in India is a critical element in our overall growth strategy. The region is a very attractive base for recruiting great talent and has a strong presence of large enterprises and global shared service centres," Symphony Ventures Chief Operations Officer David Brain said in a statement.
The firm plans to recruit 150 consulting and technology staff within the next 24 months to provide consulting, implementation and managed services to enterprise clients within the region.
The company has appointed Ganesh Iyer as CEO for Symphony Ventures India.
Last month, Symphony Ventures received USD 4.5 million in Series A investment from Livingbridge, a mid-market private equity firm with a strong track record of investing in high growth technology businesses.
"The funding is being used to accelerate Symphony's already rapid growth, with India and Latin American expansions being at the forefront of this drive," the statement said.
(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.