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Vensoft plans $10 Mn investment in India
By    siliconindia news bureau
Tuesday, July 3, 2007
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.

     
   
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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
2 They are beggers, and $10 Million is just a way beyond.
Posted by: Ghost2
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
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