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Planview Logo The Texas, US-headquartered company Thursday said the investment will go into hiring and centre operating expenses over the next four years to drive a strong growth trajectory in the country.
Texas-based Planview, a company operating platform for connected work from portfolio planning to delivery, today announced the opening of Planview Global Capability & Innovation Center (CIC) in Bengaluru as part of its move to support its growth and expand its capabilities.
The company plans to invest $125 million in the next four years in India for hiring and centre operating expenses. The company has also appointed Shalini Sankarshana as Country Manager & Managing Director of the CIC and India and Vishal Dhawan as Managing Director and President of APAC.
Razat Gaurav, Global CEO of Planview, highlighted the company's optimism about its operations in India. He noted the rising global investment in digital transformation, with a significant portion being led by teams in India. Gaurav stated, "Our expanded presence in Bengaluru will support global clients during a time of rapid digital transformation in one of the world's fastest-growing economic regions."
The centre's inauguration took place on August 17th, with Jonathan Heimer from the U.S. Embassy in New Delhi in attendance. The CIC will concentrate on product innovation and customer services, aiming to support business technology solutions globally.
The company claims to have over 4,500 customers and 2.6 million users across financial services, healthcare, insurance, automotive, technology and others.
“Planview’s expanded presence in Bengaluru will create many opportunities for our existing employees to do impactful work for clients across the globe, as well as enable our company to harness the diverse and considerable talent across the country,” said Sankarshana, Country Manager & Managing Director, Planview.
In December 2020, Planview was acquired for US$1.6 billion by TPG Capital, the private equity platform of global alternative asset firm TPG, and TA Associates, a growth private equity firm. The company established its APAC headquarters in Singapore in July 2022. Planview said it has over 1,300 employees across India, APAC, North America, and EMEA.
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