hellohyderabad.org

Tag: #HyderabadIT

  • Hyderabad Gets New D.E. Shaw Office: 6 Lakh Sq Ft by Next Year

    Hyderabad Gets New D.E. Shaw Office: 6 Lakh Sq Ft by Next Year

    Hyderabad, October 2026 – In a major vote of confidence for the city’s thriving technology and financial ecosystem, D. E. Shaw India has announced plans to open a sprawling 6-lakh square foot workspace in the Neopolis area of Hyderabad next year. The announcement was made during a special event celebrating the global investment and technology development firm’s 30 years of operations in India.

    Project Scope and Scale

    The upcoming Neopolis facility represents a significant leap in D. E. Shaw’s Indian footprint. Designed to be a state-of-the-art collaborative hub, the new office will:

    • Foster Innovation: Create enhanced opportunities for employees to work seamlessly across teams, exchange ideas, and solve complex global problems.
    • Expand Career Avenues: Continue to offer diverse career paths across technology, financial research, financial operations, and corporate functions, hiring talent at all experience levels.
    • Consolidate Growth: Build upon the firm’s existing presence, which currently employs 2,500 professionals across its Hyderabad, Bengaluru, and Gurugram offices.

    A Three-Decade Journey in Hyderabad

    D. E. Shaw’s relationship with Hyderabad dates back to 1996, when it opened its very first Indian office in the city with just 20 employees. Over the past three decades, the firm has grown exponentially, mirroring Hyderabad’s own transformation into a global IT and financial services powerhouse. The firm’s subsequent expansion into Bengaluru and Gurugram in 2023 further solidified its pan-India strategy, but the new 6-lakh sq. ft. Hyderabad facility reaffirms the city as its foundational anchor.

    Leadership Perspectives

    The expansion was warmly welcomed by state leadership, highlighting the strong synergy between the government and global corporations.

    Mr. D. Sridhar Babu, Telangana’s IT and Industries Minister, who graced the 30th-anniversary event, noted:

    “The firm has been part of the city’s landscape for three decades, and the new office is a welcome sign of its continued confidence in Hyderabad.”

    Echoing this sentiment, Eddie Fishman, Managing Director and Executive Committee Member at D. E. Shaw, praised the local talent pool:

    “Investing and technology have changed dramatically in 30 years, and the rigour and skills our D.E. Shaw India colleagues bring to the firm have helped us remain at the forefront.”

    Chaitanya Gorrepati, Managing Director and Operating Committee Member of D. E. Shaw India, added:

    “The new office marks the next chapter of our growth in the country.”

    Strategic Impact on Hyderabad’s Real Estate and Tech Sector

    The decision to establish a 6-lakh sq. ft. campus in Neopolis carries profound strategic implications for the region:

    1. Boosting Premium Commercial Real Estate: Neopolis is rapidly emerging as a premium destination for Global Capability Centres (GCCs). D. E. Shaw’s massive footprint will attract further investments and elevate the micro-market’s status.
    2. Reinforcing Hyderabad as a FinTech Hub: While Hyderabad is already renowned for its IT prowess, the expansion of a top-tier global quantitative investment and technology firm underscores the city’s growing dominance in high-end financial research and operations.
    3. Talent Retention and Attraction: The new facility will generate hundreds of high-value jobs, helping the region retain top-tier engineering and financial talent while attracting global expertise to the city.
    4. Long-Term Commitment: In an era of shifting global supply chains and remote work debates, a physical expansion of this magnitude signals a deep, long-term commitment to the Indian market and its workforce.

    Looking Ahead

    As D. E. Shaw India gears up to open its doors in Neopolis next year, the 6-lakh sq. ft. facility will stand as a physical testament to three decades of mutual growth between a global financial giant and the City of Pearls. For Hyderabad, it is yet another milestone confirming its position as a premier, future-ready destination for the world’s most innovative companies.

  • Octave Opens Global Technology and Innovation Centre in Hyderabad

    Octave Opens Global Technology and Innovation Centre in Hyderabad

    Hyderabad: Octave Intelligence plc, a global provider of software for mission-critical facilities and infrastructure, has inaugurated its new Global Technology and Innovation Centre in Hyderabad, strengthening the city’s position as a hub for advanced technology and innovation.

    The new centre is expected to become a key location for Octave’s global technology and innovation operations, supporting the company’s growing capabilities across software engineering, artificial intelligence, data, cloud computing and product development.

    Telangana Minister for Information Technology, Electronics & Communications, Industries & Commerce and Legislative Affairs D. Sridhar Babu, along with Mattias Stenberg, Chief Executive Officer of Octave, and other senior company leaders, inaugurated the facility. Sai Krishna, IT Advisor to the Government of Telangana, was also present at the event.

    The Hyderabad centre will function as a global technology and innovation hub, with teams working on advanced technologies and solutions that support Octave’s customers across international markets.

    The facility will contribute to the development of technologies designed for industries operating complex assets and critical infrastructure. These solutions focus on delivering real-time intelligence and enabling data-driven decision-making in mission-critical environments.

    With capabilities spanning artificial intelligence, data, cloud and software engineering, Octave’s Hyderabad centre is expected to play an important role in the company’s global innovation strategy while further expanding Hyderabad’s growing technology ecosystem.

  • TDCX Opens Second Hyderabad Campus, Boosting India’s Global Delivery Hub Status

    TDCX Opens Second Hyderabad Campus, Boosting India’s Global Delivery Hub Status

    Hyderabad, Telangana: Global customer experience solutions firm TDCX has opened its second campus in India at Meenakshi Eco Park, Hyderabad, further strengthening the city’s position as a major hub for customer experience, sales, digital support and technology-enabled services.

    The new campus comes as TDCX significantly expands its operations in India. The company’s India headcount has grown by more than 600% over the past three years, making India its fourth-largest operations base globally. Hyderabad has emerged as one of TDCX’s fastest-growing locations, driven by its strong technology ecosystem, skilled talent pool and expanding global services sector.

    Located within the 6-million-square-foot Meenakshi Eco Park, the new facility has been designed to support TDCX’s continued growth while providing employees with a workplace focused on learning, collaboration and performance.

    TDCX India supports leading global brands across digital advertising, e-commerce, fintech and technology. Its teams provide omnichannel customer support and technology-enabled services to clients across Australia, New Zealand, the United Kingdom, Ireland and North America.

    Byron Fernandez, Group Chief Information Officer and EVP, TDCX, said India has moved beyond being viewed primarily as a cost-arbitrage destination. According to him, global companies are increasingly choosing India for its skilled workforce and ability to manage complex workflows at scale.

    Ananth Premkumar, Country Director, TDCX India, said Hyderabad has established itself as one of India’s leading centres for technology, innovation and customer experience delivery. He highlighted the company’s ability to build production-ready teams rapidly, with one technology client’s agents being prepared in under six weeks to support faster go-to-market timelines.

    TDCX India has also been recognized as a Great Place to Work for three consecutive years, reflecting its focus on employee experience alongside operational performance.

    The company said the Hyderabad expansion reflects the growing importance of India as a primary global delivery market. With more than 20,000 employees across 37 locations worldwide, Singapore-headquartered TDCX provides customer experience, sales and digital marketing services, content moderation and other solutions across industries including technology, fintech, e-commerce, gaming, health-tech, media, travel and hospitality.

    The new Hyderabad campus is expected to further strengthen TDCX’s delivery capabilities and support its continued expansion in India and global markets.

  • PepsiCo Leases 91,314 Sq Ft Office Space in Hyderabad for ₹35 Crore

    PepsiCo Leases 91,314 Sq Ft Office Space in Hyderabad for ₹35 Crore

    Hyderabad’s position as India’s premier destination for Global Capability Centers (GCCs) continues to strengthen, with another major multinational corporation making a significant real estate commitment. PepsiCo India Capability Center LLP has officially leased over 91,000 square feet of premium office space in the city’s rapidly growing Kokapet micro-market, signaling a major expansion of its Indian operations.

    The Deal in Numbers

    According to recent real estate data, the comprehensive five-year lease agreement includes the following key details:

    • Location: 6th and 7th floors of Laxmi Infobahn Tower 4, Kokapet, Hyderabad.
    • Total Area: 91,314 sq ft of chargeable, Grade-A office space.
    • Financials: A monthly rent of approximately ₹52.96 lakh (pegged at ₹58 per sq ft), bringing the total estimated lease value to ₹35 crore over the five-year term.
    • Lease Terms: The agreement, which commenced on March 13, 2026, includes a standard 5% annual rent escalation and a security deposit of ₹4.76 crore paid to the landlord, GAR & Son Builders LLP.

    Strategic Significance: Why Hyderabad and Kokapet?

    This substantial investment is not just a real estate transaction; it is a strategic vote of confidence in Hyderabad’s thriving talent ecosystem and robust IT infrastructure.

    Kokapet, often dubbed the “Next Gen IT Hub” of Hyderabad, has rapidly evolved from an emerging suburb into a premier enterprise corridor. With its proximity to the Outer Ring Road (ORR), world-class social infrastructure, and a concentration of Grade-A commercial developments, it has become the address of choice for global tech and corporate giants looking to establish or expand their GCCs.

    As Raja Seetharaman, Co-founder of Propstack, noted on the deal:

    “PepsiCo’s expansion of ~91,000 sq ft at Laxmi Infobahn underscores the relentless appetite global giants have for Grade-A GCC assets in Hyderabad. Kokapet continues to establish itself as a premier enterprise corridor, backed by robust infrastructure and sustained institutional demand.”

    Fueling the GCC Boom in Telangana

    PepsiCo’s move aligns with a broader, unstoppable trend in Hyderabad’s commercial real estate sector. Over the past few years, the city has consistently attracted top-tier multinational companies across sectors like technology, pharmaceuticals, finance, and FMCG. These organizations are drawn to Hyderabad’s deep pool of specialized STEM talent, proactive government policies, and high quality of life.

    By expanding its Capability Center, PepsiCo is positioning itself to drive innovation, digital transformation, and advanced analytics from the heart of India, supporting its global business objectives.

    Looking Ahead

    As the lease takes full effect, the Laxmi Infobahn Tower 4 will see an influx of top-tier corporate talent, further boosting the local economy, retail, and hospitality sectors in the Kokapet vicinity.

    For Hyderabad, deals of this magnitude reinforce its narrative not just as India’s “Cyberabad,” but as a mature, globally integrated hub capable of hosting the world’s most recognized brands. As more Fortune 500 companies follow suit, Hyderabad’s skyline—and its economic footprint—will only continue to rise.