The company will set up a research & development (R&D) centre in Maharashtra.

 The $77 million company, which has been operating in the sub-continent and six other countries through its wholly owned subsidiary Fluent India Pvt Ltd (FIPL), will invest at least Rs 25 crore more during the next one year in its upcoming R&D centre in Pune.

 The company had invested Rs 30 crore in India in the last fiscal year. The parent company is now gearing up to go public shortly.

 Ferit Boysan, president and chief operating officer of Fluent Inc, said,

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First Published: Nov 20 2003 | 12:00 AM IST

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