Tavant Technologies to invest $100 million in India

BANGALORE, INDIA: Tavant Technologies at its annual event 'engage' has announced that it will invest $100 million in India and also plans to double its revenue in two years.

The company which is currently growing at 40 percent YOY, plans to go on a hiring spree and will expand facilities in its R&D. It. "We are mostly into micro verticals and as software providers we need to deliver value while meeting quality standards. The demand in India for software is equally high yet the market is quite value conscious and so we have to keep our costs as a significant factor," said Sarvesh Mahesh, CEO, Tavant Technologies.

Tavant Technologies which provides customized solutions is presently growing significantly in eRetail segment, is also into consumer lending and media industry. It aims to have long partnerships with its customers.

"The company also hosted its event 'engage' which helps all the employees showcase their projects and encourages exchange of ideas over the latest trends in business and technology," said Vibhor Mishra, director marketing, Tavant Technologies.