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Vensoft plans $10 Mn investment in India
By
siliconindia news bureau
Hyderabad: Vensoft, a provider of technology solutions headquartered in Phoenix, Arizona (US), has announced plans to invest $10 million in expanding its operations in Hyderabad. This includes setting up of a virtualization lab.
The company also plans to increase its headcount from 400 to 1,000 within two years and step up the offshore component of the company which their global customers are demanding.
Shyam Byra, CEO of Vensoft, said that the company was in the process of developing products in the areas of quality assurance services.It is also in the process of establishing Assured Reliability Services Centre and a Virtualisation Lab, he added.
Referring to the need to focus on the domestic market, the company has plans to develop products that meet the domestic requirements. The company has also developed search technology for radiological services and sees immense scope to offer this in the US market.
The company also plans to increase its headcount from 400 to 1,000 within two years and step up the offshore component of the company which their global customers are demanding.
Shyam Byra, CEO of Vensoft, said that the company was in the process of developing products in the areas of quality assurance services.It is also in the process of establishing Assured Reliability Services Centre and a Virtualisation Lab, he added.
Referring to the need to focus on the domestic market, the company has plans to develop products that meet the domestic requirements. The company has also developed search technology for radiological services and sees immense scope to offer this in the US market.
Reader's comments(4)
1: Hey I wanted to write to the world, abt bad
Vensoft, and was surprised with blogs written
abt them.. Plz refer to all the blogs before
trusting these guys, they only use big words,
but in depth they cheat everyone...US
government and Indian government both need to
put Investigating Police against them, guys
think 100 times before you let them handle
your career.
Posted by: Ravi - 12:00 AM Aug 27, ' 08
2: They are beggers, and $10 Million is just a
way beyond.
Posted by: Ghost2 - 12:00 AM Aug 22, ' 08
3: SQA Labs, Vensoft and EFulgent are owned by
the same person. They all do the same. Just
keep changing their names every 3-4 years to
hide their bad name in the market.
Posted by: ghost - 12:52 PM Dec 04, ' 07
4: Are you kidding me? This company is not doing
anything. SQA Labs is a sweat shop. They hire
fresh graduates from US schools and then fake
their resume with 5-10 years of experience
and send to clients. Also, they keep their
employees in a house with 5-6 other guys
doing the same thing. This is a PR ploy
saying they are going to invest $10 million
in India.
Posted by: Ghost - 12:51 PM Dec 04, ' 07
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