Yantra Tech Innovation Labs Pvt Ltd. (Yantra), a management and technology services provider, announced its plans to invest Rs. 100 crore in India’s Gen AI market. In line with this, Yantra is planning an aggressive hiring strategy of onboarding 500 highly skilled individuals from across the country in two years. This strategic expansion comes in response to the company's continued growth and commitment to delivering cutting-edge cloud technology solutions to its clients.
With global offices in Pune, San Francisco, Toronto, and Manila, Yantra works with the offices of CFOs and CIOs on progressively innovative ideas to invest in Gen AI-led solutions for finance, operations, and business transformation initiatives.
Yantra's INR 100 Crore investment in India's GenAI market underscores confidence in the country's artificial intelligence potential. Committed to fostering innovation, this investment aims to expand service offerings and enhance the capabilities of Yantra's Centre of Excellence in Pune. Yantra looks forward to welcoming fresh perspectives that contribute value and enrich its innovative culture, playing a pivotal role in shaping the future of GenAI in India.
Commenting on this monumental decision, Rajesh Pawar, Director of Indian Operations, Yantra said, “Amidst a slowly tightening job market, we see a strategic window to attract top talent. With a team boasting unique skills and powered by GenAI, our focus is on elevating efficiency and intelligence in business operations.”
Yantra, with over 300 people in India since 2018, opened an additional office in September 2023 in Pune, India. The substantial investment made in India operations by Yantra will accelerate research and development in GenAI, expand the talent pool, and strengthen its global market presence. Along with adding value by training best-of-breed Gen AI consultants and designing bespoke solutions for its clients across the world of fintech, retail, software, manufacturing, service, jewellery, financial services, and distribution, while simultaneously accelerating the company’s plans to enter into other sectors as well.
