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Sirvisetti to invest Rs 10 cr in India

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CIOL Bureau
New Update

FONT class=content>Sirvisetti Systems, a business automation software products

and solutions company, has decided to invest Rs 10 crore in its Indian

subsidiary Sirvisetti Global Services Pvt Ltd for further expanding the Indian

operations. The company has also decided to ramp up its employee strength in

India to about 300 from the present 60.



Detailing on the expansion plans,

Sirvisetti Systems CEO Amal Sirvisetti said, “The proposed investments would be

used for setting up new infrastructure, product development and expanding the
marketing and sales team. We are building our own premises that would be
operational by December 2006.”



The company has clocked revenues of $ one

million and is targeting $ four million by December 2006. “We have around 15

customers presently and our primary focus is large enterprises. Going further,
we would enter into Japanese and European markets to further expand our
geographic presence. We are just entering India. In about a month's time, we

expect to sign up with one or two enterprises,” said Sirvisetti Systems business

development manager Rajesh Domudala.



The company has recently started a

24x7 Global Technical Support (GTS) team to support its global customers.

Sirvisetti business manager P Bhaskar Naidu said, “Hitherto, we used to support
our global customers from the US office but we have now moved this division to
India. Presently, the team size is around eight who service customers through

channels like email, phone and mail. As our customer base increases we would

further increase this team.”









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