Globant expands footprint in India

It already has a presence in Bengaluru

Globant logo
Globant logo (<b>Source: www.globant.com</b>)
BS Reporter Pune
Last Updated : Oct 06 2016 | 10:16 PM IST
NYSE-listed Globant, technology services company, is expanding its footprint in India with the launch of its new development center in Pune. Globant already has a presence in Bengaluru. The company in 2015 had acquired Clarice Technologies, which has operations in India. The company in 2015 had acquired Clarice Technologies, which has operations in India.

"Globant has growth plans for the company given Digitalisation is a huge opportunity for technology companies, and it is expected to grow continuously. According to Gartner, IDC and Cantor Fitzgerald Research, the Digital Services market is a large opportunity, with an estimated size of $71 bn for Services and a compelling growth rate of 25% CAGR for the next 5 years. This context brings the best possible scenario for Globant, considering our leading role in the digital environment," said Globant's Co-Founder and Chief Executive Officer, Martin Migoya.

Guibert Englebienne, Globant chief technical officer and co-founder, added, "By being in India, we aim to increase our global footprint; building a global team with the best talent of the world. India gives us a presence in a wide variety of geographies, including Latin America, North America, Europe and Asia. This globalization strategy is helping us to find the right talent in several different countries. We are now in a great position, as we can benefit from the large talent pools coming from Latin America and India."

The company has so far invested $25 million in India. The Pune centre has a capacity for 1,200 employees.

Globant was founded 13 years ago and today has more than 5,200 professionals in 11 countries — including Latin America, North America, Europe and Asia — working for companies like Google, Linkedin, JWT, EA, and Coca-Cola, among others.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Oct 06 2016 | 8:04 PM IST

Next Story