Third Hyderabad facility inaugurated to strengthen AI and Modernization delivery
The company has inaugurated its third Hyderabad facility at Phoenix Equinox in Gachibowli, for AI deployment, payments modernization, cloud and operational resilience work for banking, financial services and insurance clients.
By ScoutQuest · · 2 min read
- New facility
- third Hyderabad facility at Phoenix Equinox in Gachibowli
- Hyderabad headcount
- more than 3,000 employees
- Global headcount
- over 28,500 employees located in 21 countries
What was announced
The company has inaugurated its third facility in Hyderabad, at Phoenix Equinox in Gachibowli. The press release says the new facility provides secure, dedicated workspaces for programme delivery, and areas for the company and client teams to collaborate on AI deployment and systems modernization.
Who it is aimed at
- The facility is positioned for banking, financial services and insurance (BFSI) clients.
- It is meant to support work in AI deployment, payments modernization, cloud platforms and operational resilience within regulated environments.
- The company says the facility builds on its Financial Services expertise and digital engineering capabilities.
Hyderabad presence
- The company has more than 3,000 employees in Hyderabad.
- Its existing offices in the city are at WaveRock and Sattva Knowledge City.
- The company says the new facility extends this presence and supports access to engineering and financial services talent in the city's ecosystem of financial institutions, global capability centers and fintech companies.
What the management said
Barath Narayanan, Global BFSI and Europe Geo Head, said financial institutions are putting AI into production while modernizing the systems that underpin their businesses, and that executing these programmes requires domain understanding and engineering expertise, with security and operational continuity central to the work. He said the new facility provides dedicated environments for delivery and closer collaboration with client teams, and that this investment reflects the company's long-term commitment to developing financial services expertise and building careers in the city.
About the company
- It describes itself as a global services and solutions company delivering AI-led, platform-driven Digital Engineering and Enterprise Modernization.
- It says it has over 28,500 employees located in 21 countries.
- Its services include software engineering, product development, data and analytics, CX transformation, cloud computing and agentic business automation.
What this means for investors
This is a business and infrastructure update: the company is adding delivery capacity in Hyderabad and highlighting its focus on BFSI clients and AI/modernization work. It does not change the company's share capital, so the read-through for earnings would depend on how this capacity is used for client work over time.
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More numbers
- Employees in Hyderabadmore than 3,000
- Total employees worldwideover 28,500
- Countries where employees are located21 countries
- YoY growth in brand value22% YoY growth in brand value
- Brand rank among world's Top 25 IT Services brands12th strongest brand
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