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Infogain to Hire 1,000 Plus people in FY24

CIO Insider Team | Monday, 22 May, 2023
Separator

IT company Infogain has announced that global businesses even amid uncertainty are prioritizing digitization and customer experience to gain an edge in the market, and that the company is looking to hire 1,000-plus people in FY24 to steer its growth strategy.

The Silicon Valley-headquartered digital platform and software engineering services company is also actively scouting for acquisitions, Dayapatra Nevatia, president and chief operating officer of Infogain says.

Apax Funds portfolio company, Infogain, has offices in California, Washington, Texas, the UK, and Singapore, with delivery centers in Seattle, Houston, Montevideo, Krakow, Noida, Bengaluru, Pune, Gurgaon, and Mumbai.

Nevatia says, “The Company will continue to steer ahead with its three-year growth and business blueprint, which it finalized last year. He ruled out any layoffs and asserted that the company will in fact hire 1,000-plus people in the current financial year, over 800 of them in India.”

Infogain's global headcount currently stands at 6,000 and almost 5,000 of them are in India.

A quarter back there was a huge amount of uncertainty, but now I think the risk of things falling off the cliff is not there

On the market sentiments and tech spendings, Nevatia said there is some softness in the market but was quick to add that businesses have realized the importance of digitization during COVID and digital transformation for most companies is now a necessity.

Given the focus on digital transformation, customers continue to spend, and not cut back, although in some cases, they may want more work in the same amount or demand sharper business cases.

“A quarter back there was a huge amount of uncertainty, but now I think the risk of things falling off the cliff is not there. Of course, the uncertainty continues. Customers, however, continue to spend money on digital transformation and so the impact is minimal,” Nevatia.

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