Pegasystems to invest $200 mn

Pegasystems India, the Indian headquarters and R&D centre of Cambridge-based Pegasystems Inc, a provider of business process management and customer relationship management solutions, is planning to invest $200 million (Rs 887.6 crore) over next three years as part of its expansion plan in the country.

The investment will be for doubling the headcount to 700-750, expanding the R&D facility, and setting up a sales centre at Mumbai and a satellite office at Delhi.

The company has invested $15 million so far in IT and infrastructure.