Clearwater Analytics to Strengthen its Indian Operations; Invests 180 Crores over Next 3 Years


Clearwater Analytics to Strengthen its Indian Operations; Invests Rs.180 Crores over Next 3 Years

One of the leading global fintech companies, Clearwater Analytics commenced its India operations with a new office at Noida. The development center is set to have 100 employees by the end of the year and aims to widen its workforce to 250 employees by the end of current financial year. Along with this, the company also held an inauguration ceremony for the company’s developing Noida team and the surrounding community.

Speaking about this, Sandeep Sahai, CEO, Clearwater, states, “India offers a unique proposition and emerged as an obvious choice for us to expand our development and operational strength. With its high-end talent pool, India also scored high for scalability, considering our future growth plans”.

The new development center will play a strategic role from the APAC region, as this being the second development center after Boise, Idaho, USA. The company also said that it will be investing around 180 crores over the next three years in its India operations.

“We see a strong alignment with the talent available in the Indian market and what Clearwater Analytics wishes to accomplish. The new India center is well positioned to play a pivotal role in driving the company’s next phase of growth with sector-specific solutions”, avers Anurag Singh, MD, Clearwater Analytics India.

Established in 2004, Clearwater offers a cloud-based, single instance, multi-tenant solution for automated investment accounting and reporting. The team will create solutions for thousands of large organizations and institutions around the globe. The office in India will deliver ‘follow-the-sun’ servicing capabilities for Clearwater’s operations teams.