Local UpdatesHyderabad2 min read
₹350 Crore investment in Hyderabad! And the AI story is even more interesting! US-based @InvoiceCloud has announced a 3-year expansion plan for its Global Innovation Hub in , Telangana. The
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Source: X (@amitbhawani)
Shared on NeshSource: X (@amitbhawani)
Read original₹350 Crore investment in Hyderabad! And the AI story is even more interesting! US-based @InvoiceCloud has announced a 3-year expansion plan for its Global Innovation Hub in #Hyderabad , Telangana. The numbers are interesting: → ₹350 Cr planned investment over 3 years → 250+ employees, targeting 300 by 2026-end → 70%+ workforce in Engineering & Product → Office expanded by 50% to 33,000 sq. ft. → 120% improvement in engineering productivity, according to the company My take: What excites me isn't just the investment, but the kind of work coming to Hyderabad. We are moving beyond traditional IT services, with local teams building AI-powered products for global customers. Amit Bhawani (@amitbhawani) ₹5,000 Cr to ₹24,000 Cr in just 5 years! What are global investors seeing in India's Hospitals & Schools that we aren't? Novo Holdings, Singapore's GIC and Axight are reportedly looking to invest in Hyderabad's AIG Hospitals at a valuation of nearly ₹24,000 Cr! The numbers are interesting: → ₹5,000 Cr reported valuation in 2021 → ₹24,000 Cr valuation being discussed now → Founders looking to sell 10–12% stake ~₹2,200 Cr → 1,400+ hospital beds in Hyderabad → ₹2,000 Cr planned expansion in Vizag That's nearly 5x the earlier reported valuation! My take: As Indian cities are growing, so will the demand for better healthcare and education. We keep talking about building more homes, but what about the hospitals and schools these growing communities need? Maybe that's where India's next big opportunity lies! — http://nitter.meowing.monster/amitbhawani/status/2111039234547372259#m
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