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    Carlyle to invest INR 2,100 Cr (approximately USD 230M) in Nido Home Finance

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Version 1 OPENS Bengaluru India DeliVEry Center (IDC)

FWM by FWM
March 9, 2025
in World
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 New tech hub will harness India’s deep talent pool for global digital transformation 

 Bengaluru, India, 6th March 2025 –  Version 1, a leader in digital transformation, has officially opened its state-of-the-art India Delivery Center (IDC) in Bengaluru. This marks a significant milestone in the company’s international growth strategy, reinforcing its commitment to delivering value for its customers and harnessing India’s rich talent pool to drive next-generation AI, cloud, and digital transformation solutions for global enterprises.

With a strong presence in India since 2019, Version 1 has rapidly scaled its operations, growing from IT development to delivering end-to-end digital solutions that address complex challenges faced by global customers. The company now employs over 500 professionals across key locations in India, including Pune and Ahmedabad, with more than 100 open roles available to further accelerate innovation and technology development.

The launch event was marked by a ribbon-cutting ceremony led by Srikanth Srinivasan, Vice President at nasscom, Mr. Ross Curran, Director, India & South Asia, Enterprise Ireland, and Mr. Ganesh Kalyanaraman, Managing Director of the IDC and North American Operations, Version 1. The event was attended by Version 1 employees, key industry leaders, and technology partners, highlighting the company’s deep-rooted commitment to India’s thriving tech ecosystem.

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Srikanth Srinivasan, Vice President at nasscom commented on the significance of Version 1’s expansion, stating, “We are proud to champion India’s wealth of talent and innovative spirit, which are deeply embedded at the heart of global technology solutions. Version 1’s expansion into the region in Bengaluru strengthens our ecosystem, serving as a catalyst for local talent while advancing our vision to position this very ecosystem, as the world’s most trusted innovation partner.”

Designed as a key technology hub for Version 1, the IDC will integrate global expertise with local insights, enabling seamless, high-quality service delivery. Key functons will operate from the site including the organisation’s AI Labs and engineering teams that drive transformation, foster innovation and carry out pioneering work to address the unique needs of each customer.

Ganesh Kalyanaraman, Managing Director of the IDC and North America, Version 1, emphasized the company’s commitment to excellence, stating, “Today marks a significant milestone as we expand our presence in India, reinforcing our commitment to delivering exceptional value to our customers. Built on a strong foundation of reliability and clarity in solving complex challenges, we continue to harness new technologies with deep-rooted expertise. Our purpose-designed facilities will enable us to tap into India’s outstanding technology talent, allowing us to scale our capabilities and drive innovation for customers across sectors and geographies.”

Enterprise Ireland, the Irish government organization dedicated to supporting the global expansion of Irish enterprises, has played a key role in facilitating Version 1’s entry into India. Ross Curran, Director, India & South Asia, Enterprise Ireland, highlighted the significance of this milestone, stating, “It is exciting to see Version 1 establish a major technology hub in India, marking a significant step in its global expansion strategy. Version 1’s presence in India not only strengthens its global footprint but also contributes to the local ecosystem by nurturing high-quality talent and delivering exceptional value to customers worldwide.”

Mr. Curran further added, “Enterprise Ireland remains committed to supporting Irish companies like Version 1 as they scale internationally, and this ceremony today reflects the strong collaboration between Ireland and India.”

Version 1 remains at the forefront of AI and cloud innovation, with its AI Labs actively advancing generative AI, analytics, and automation technologies. The company has an embedded and robust sustainability agenda, being on track for net-zero carbon emissions by 2045, with its near-term targets validated by the Science-Based Targets Initiative and aligned to the United Nations Sustainable Development Goals (UNSDGs).

Consistently recognized for excellence, Version 1 has earned accolades such as AWS Collaboration Partner of the Year 2024, Global Microsoft Application Modernisation Partner of the Year 2023, and Oracle Innovation Partner of the Year 2023. Its expansion in India reinforces its position as a global digital transformation leader while creating high-value employment opportunities and empowering enterprises to navigate digital complexities with confidence.

Tags: | India DeliVEry CenterBengalurustate-of-the-art India Delivery Center (IDC)
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