Xora Software plans expansion in B'lore

Xora Software, which provides enterprise mobility solutions, plans to expand its product development centre in Bangalore over the next couple of years.

Founded in 1999, the US-based privately-held company has raised more than $11 million in venture capital with the leading partner being Dawntreader Ventures.

The Bangalore centre has over 125 engineers. "This centre contributes close to 95 per cent of the product development work with the rest happening in the US. We are banking on the Bangalore development centre for growth," Xora Software CEO Sanjay Shirole said.

The firm's technical support team also works in Bangalore. "We intend to double this team from the existing 65 members. There is a lot of scope for growth in the technical support segment here," he added.

The company derives 95 per cent of its revenue from the US. It has developed a product called, Xora GPS TimeTrack, which helps companies track and record start times and the location of their mobile employees.

Employees carry their GPS-enabled mobile phone with them throughout their office hours and their location is automatically tracked and recorded.

Xora recently forayed into Australia. It is also looking at India for growth. "India is a fast emerging market for us. We will concentrate on the Indian market in the coming days," Shirole stated.