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Symphony Ventures starts development centre in India

Press Trust of India  |  New Delhi 

IT firm Symphony Ventures today announced the opening of its development centre in to serve global clients with operations in India, the Middle East and Pacific.

"Demand for Symphony's services is growing rapidly and our new operation in is a critical element in our overall growth strategy. The region is a very attractive base for recruiting great talent and has a strong presence of large enterprises and global shared service centres," Symphony Ventures Chief Operations Officer David Brain said in a statement.

The firm plans to recruit 150 consulting and technology staff within the next 24 months to provide consulting, implementation and managed services to enterprise clients within the region.

The company has appointed Ganesh Iyer as CEO for Symphony Ventures

Last month, Symphony Ventures received USD 4.5 million in Series A investment from Livingbridge, a mid-market private equity firm with a strong track record of investing in high growth technology businesses.

"The funding is being used to accelerate Symphony's already rapid growth, with and Latin American expansions being at the forefront of this drive," the statement said.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Thu, September 14 2017. 23:22 IST