In this tough market, PE investors will need to dig deeper to identify truly digital services companies in order to extract real value from deals, say Zinnov’s CEO, Pari Natarajan, and managing partner Sidhant Rastogi.
There's been an increase in the number of multinationals setting up their local captive or global centres of excellence over the past few years. While startups are slowing down on their hiring, these centres continue to hire to gain access to a high-quality talent pool, a new Zinnov study points out.
2021 was a blowout year for Private Equity investments in the Technology Services industry. This high-octane growth, fueled by the pandemic-induced Enterprise Digital Transformation needs, led to increased investor interest in the Tech Services space.
Indian SaaS is having its moment in the sun. Never before have all factors converged in a manner that puts Indian SaaS firmly on the global stage, and well on its way to clocking in $100 billion in revenue by 2026.
Zinnov, a leading global management and strategy consulting firm, announced that three of its Principals have been recognized by Consulting Magazine as part of its 35 and Under 2021's list of annual Rising Stars of the Profession and Top 25 Consultants awards categories.
Zinnov, a leading global management consulting and strategy advisory firm, acted as the exclusive buy-side financial advisor to Intive, a Digital Engineering services company from the European region, in its acquisition of SimTLiX, an agile services company, based in Argentina.
In India, Kabir Barday’s name doesn’t ring a bell. Barday’s startup OneTrust, which focuses on data privacy and security, doesn’t quite feature in India’s unicorn list.
Global firms looking to hire for their captive units in India are ramping up headcount in tier II and tier III towns, analysts said. There are about 1,600 global captive centres in India, which collectively employ over 1.3 million people of the 4.6 million technology workforce in the country.
About 100 multinational firms are expected to set up their global in-house capability centres, or captive units, in India this year, technology industry body Nasscom said. This follows a lull in 2020 owing to the Covid-19 pandemic. Before the onset of the Covid-19 virus outbreak, this averaged at about 50 annually.
Global centres of excellence (GCoEs) of multinationals in India are putting in place a host of new HR policies to help families of employees who may have passed away due to the pandemic, which include setting up of benevolence funds, funding kids'..
Interns in tech companies receive attractive stipends, a real-world job experience, and they get a foot in the door to full-time employment. Glassdoor, a website that sources data from employees anonymously, shows the average monthly intern salary...
Tech centres in India are building customer apps, and products for analytics, risk management for the biggest banks in the world. The employee numbers are almost staggering. JP Morgan and HSBC are estimated to have over 35,000 people in India.
Last week, Infosys onboarded its first batch of campus engineers in India. A fairly routine process except it was done entirely remotely. As new deal wins go up, IT companies are starting to hire more, and over the last few months and have had to rejig their onboarding processes to adapt to the new normal.
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India is today a flourishing ground to explore entrepreneurship. Ever since Prime Minister Narendra Modi took charge in 2014, he had been an encouraging force for startups...
The real value in business will come from finding the intersection between a real business, consumer problem, real opportunity, and technology, says Ravi Chhabria, Managing Director at NetApp India.
There has been a ‘steady rise’ in the number of new global capability centres (GCCs) in Q2CY2022 India, with the country seeing 19 new GCCs being set up between April-June 2022, according to a new report by IT industry body NASSCOM.
In this tough market, PE investors will need to dig deeper to identify truly digital services companies in order to extract real value from deals, say Zinnov’s CEO, Pari Natarajan, and managing partner Sidhant Rastogi.
The confluence of pandemic-induced large scale digital adoption and the rise of ambitious, dynamic Indian entrepreneurs assure promising growth for the Indian SaaS industry.
The pace of software development has increased exponentially. Projects that used to be developed in years are now done in months. While the pace and the volume of work has certainly increased, most companies are now experiencing a huge talent crunch.
India had over 3,000 deep-tech start-ups, dabbling in new-age technologies like Artificial Intelligence, Machine Learning, Internet of Things, Big Data, quantum computing, robotics, etc., at the end of 2021.
Indian skilled workforce can easily be divided into three categories – primary, secondary and tertiary. Primary skilled workforce consists of those who are matriculates, school drop outs or even illiterates but work as barbers, cooks, mansions, carpenters or plumbers, ...
In July, strategy consulting firm Zinnov organised “Confluence 2022”, an event that stood out as much for its sustainability component as for the array of thought leaders it paraded.
The list of brands, leaders and CXOs which features the epic journey of prominent brands and leaders across industries is out in the market and was revealed at the 10th White Page Leadership Conclave held at Le Meridien, New Delhi, India.