Deskera to Expand India Operations
Deskera, the enterprise software company, plans to develop its existence in the country with an information centre in Andhra Pradesh, and headquarters in Bengaluru, Hyderabad, and Chennai. CEO of Deskera, Shashank Dixit, told the media that the firm had already planned to spend almost 25 Million SGD (Rs 125 Crore) in this projected information centre. The firm had rolled out its Indian operations in 2016 and had been expanding swiftly, he claimed to the media.
“We are presently active in 5 cities and will grow to almost 20 in the coming 6–9 Months. We presently provide work for almost 350 individuals and might be summing up more 1,000 in the coming 12–18 Months,” he claimed to the media. Having its headquarter located in Singapore, so far the company has spent almost 20 Million SGD (Rs 100 Crore) in its Indian operations. Deskera offers ERP services that are based on cloud, aiming for the most part on medium and small ventures.
It lately declared a joint venture with the cloud computing division of Alibaba Group, Alibaba Cloud, to offer a Software As A Service (SaaS) solution to users in Africa, the Middle East, China, and India. Dixit claimed that the firm witnessed a huge potential in India with the roll out of the Goods and Tax Service regime.
Deskera wishes to be the top leader of the SME industry, claimed Dixit.”The way the firm has a play in payments, logistics, and marketplace, we might someday like to exist in all 3 segments, but particularly in the SME industry,” he claimed to the media.
This might either be via a planned joint venture with various firms, specifically in the logistics industry, or on their own. Deskera, supported by investors such as Tikehau Capital of France and Tembusu, claimed that its organizers still handled 80% of the firm.
Well, Deskera is among those companies that have the eagle’s eye to witness the potential of the Indian market. The company understood the importance of the Indian market. In addition to this, it is also aware of the Goods and Tax Service regime, which will prove to be a boon for the company. It is certain that Deskera has made a good decision by investing in Indian operations.