The signing of an MoU for a comprehensive zero emission vehicle roadmap between Telangana government and the University of California as well as Aurum Equity Partners, Clovertex and Grid Dynamics Holdings plans for Hyderabad were announced after meetings Industries and IT Minister K.T. Rama Rao’s and officials accompanying him had with the entities in the U.S.
“I am delighted to know that Clovertex decided to establish its India centre in Hyderabad. This will be their first centre outside of the headquarters in Boston and they will be investing around ₹100 crore over the years and hire 100-150 employees to begin with” Mr. Rao said in a release.
Scientific cloud computing provider for the Life Sciences industry Clovertex aims to do advanced bioinformatics and big data analytics work from their Hyderabad centre, a release from the Minister’s office said after a meeting between the firm’s management team led founder and CEO Kshitij Kumar and Mr.Rao.
