Nirvana opens office in Pittsburgh

By siliconindia Bangalore Bureau   |   Friday, 15 August 2003, 19:30 IST
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BANGALORE: Nirvana Business Solutions has opened office in Pittsburgh, reports the American City Business Journal. This is part of the iPort project, created by the IndUS Entrepreneurs, or TiE, to attract India-based companies to Pittsburgh. Nirvana Business Solutions provides back office, transaction processing, and customer care support using its proprietary GENext® offshore process delivery capability. Initially, a handful of employees will be working in the US outfit. Ultimately, the number of workers will go up to 25. Some employees will come from India and others will be hired locally. These employees will be working on business development efforts for Nirvana, an information technology outsourcing firm. Companies in the US and Europe hire Nirvana employees to work on IT projects because it is often less expensive than hiring their own employees, Raj Kondur, Nirvana Business CEO was quoted as saying. Nirvana has 250 employees in India now, he said, but with increasing use of outsourcing he expects to employ 1,000 in India by the end of the year. Nirvana Solutions CEO Raj Kondur worked with AT Kearney and Morgan Stanley in the US before returning to India to co-found Chrysalis Capital, a $65 million venture firm, and Nirvana. Niravana's investors and board members include: Rajat Gupta (Managing Partner, McKinsey & Company), Victor Menezes (Senior Vice Chairman, Citigroup), Rana Talwar (former CEO, Standard Chartered Bank), Richard Fisher (former Chairman, Morgan Stanley), Derek Kirkland (Managing Director, Morgan Stanley’s Insurance and Banking Practice), and others.