ANSR Signs MoU with Andhra Pradesh Govt to Establish GCC Campus in Visakhapatnam
You're reading Entrepreneur India, an international franchise of Entrepreneur Media.
ANSR, a leading global capability center (GCC) consulting firm, has signed a Memorandum of Understanding (MoU) with the Government of Andhra Pradesh to set up a world-class GCC innovation campus in Visakhapatnam's Madhurawada IT Cluster.
The ambitious project is expected to generate over 10,000 high-skilled jobs over the next five years, tapping into the region's growing talent ecosystem. ANSR will be responsible for the design, conceptualisation, and investment in the development of the campus.
Katamneni Bhaskar, IAS, Secretary to the Government, ITE&C Department, stated, "By enabling world-class infrastructure and leveraging ANSR's deep expertise in building GCCs, we aim to attract global enterprises, create thousands of high-value jobs, and fuel the next wave of digital growth from our state."
Under the MoU, the Andhra Pradesh government will support the project through land allocation, policy-level assistance, and coordination with various departments to expedite approvals.
The proposed campus will house advanced infrastructure for GCCs and ecosystem partners, including simulation labs, innovation studios, immersive tech zones, and global delivery centers with full-timezone coverage and business continuity capabilities.
The initiative aligns with the Andhra Pradesh Government's IT and GCC Policy 4.0, which aims to promote digital innovation and global investment.
"We're architecting the future of global capability distribution," said Lalit Ahuja, Founder and CEO of ANSR. "Emerging cities like Visakhapatnam represent untapped goldmines of talent and potential, and our partnership with the Government of Andhra Pradesh and APEDB will unlock this potential at scale."
ANSR also plans to leverage its global partnerships, including with Accenture and ServiceNow, to enhance ecosystem growth and client engagement.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
23 minutes ago
- Yahoo
Nexusguard positioned as a Leader in the SPARK Matrix™: Distributed Denial of Service (DDoS) Mitigation, 2025 by QKS Group
Nexusguard, with its DDoS Mitigation solution, has received strong ratings across technology excellence and customer impact. Pune India, July 24, 2025 (GLOBE NEWSWIRE) -- QKS Group announced today that it has named Nexusguard as a leader in the SPARK Matrix™: Distributed Denial of Service (DDoS) Mitigation, 2025. Lokesh Biswal, Analyst at QKS Group, states, " Nexusguard offers AI-driven DDoS mitigation for CSPs, blending global scrubbing centers with on-prem Bastions. Its modular platform supports branded, multi-layered protection and real-time response for critical services. The QKS Group SPARK Matrix™ includes analysis of the global market dynamics, trends, vendor landscape, and competitive positioning. The study also provides a competitive analysis and ranking of the Distributed Denial of Service Mitigation providers in the form of the SPARK Matrix™. We're proud to be named a Leader in the SPARK Matrix™ for DDoS Mitigation. From our roots to now serving 100+ ISPs globally, our focus has remained on the evolving needs of Communications Service Providers. This recognition highlights both our innovation and the market's move toward telco-focused, scalable mitigation. As threats grow, we stay committed to helping CSPs deliver the protection and performance their customers expect. By Donny Chong, Product Director of Nexusguard. Additional Resources: For more information about Nexusguard, visit SPARK Matrix™ Distributed Denial of Service (DDoS) Mitigation, 2025 About Nexusguard: Established in 2008, Nexusguard operates globally with its headquarters in Singapore. Nexusguard is a trusted provider of DDoS protection solutions, dedicated to helping enterprises and CSPs safeguard their networks, web applications, and DNS from malicious attacks. Leveraging our proprietary Bastions DDoS defense technology and a global network of over 50 DDoS scrubbing centers, we deliver reliable, scalable solutions that ensure service availability and operational continuity. Trusted by more than 100 CSPs including some of the top 10 CSPs in the world, and protecting over 50,000 ASNs, Nexusguard secures organizations worldwide against evolving threats with comprehensive and proactive protection. Visit Media Contacts: Benjamin Yip Head of Marketing Media@ About QKS Group QKS Group is a global advisory and consulting firm that empowers organizations to achieve business transformation through strategic growth guidance. Our research-driven insights help clients navigate change, seize opportunities, and build resilient, forward-looking strategies. For more available research, please visit Research Media Contacts: QKS Group Shraddha Roy Email: shraddha.r@ Content Source: with us on LinkedIn- CONTACT: Media Contacts: QKS Group Shraddha Roy Email: shraddha.r@
Yahoo
23 minutes ago
- Yahoo
Chery to support India's JSW to launch new EV brand by 2027
China's Chery Automobile has agreed to supply technology and components to JSW Group to facilitate the launch of a new-energy vehicle brand in India by 2027, reported Bloomberg, citing people familiar with the matter. Under the terms of the agreement, Chery is said to receive a one-time technology transfer payment fee and ongoing royalties from JSW, owned by Sajjan Jindal. The partnership does not include any equity arrangement, adhering to India's investment restrictions on Chinese firms in strategic sectors. This deal represents the first significant passenger vehicle technology transfer from China to India since the 2020 border conflicts, which led to heightened bilateral tensions and investment barriers. Chery and JSW have contested the details reported by Bloomberg News, stating that the agreement primarily concerns component supply. Chery's expertise in electric cars, hybrids, and automotive technologies like electric powertrains, hybrid systems, and intelligent cockpit technology is crucial for JSW's goal to localise and scale production swiftly. JSW is currently assessing several Chery models, especially the iCar sport utility range, to adapt for the Indian market. The new EV brand is said to be entirely owned by JSW and will operate separately from its current MG Motor India joint venture (JV) with China's SAIC Motor, which will continue to sell vehicles under the MG brand in India. The royalty payments from JSW will contribute to Chery's revenue and support its global expansion plans, which include a $1bn factory in Turkey. The JSW is also reportedly constructing facilities in Maharashtra state in India to produce its own brand of passenger EVs from 2027 and plans to introduce electric trucks and buses as early as next year. Furthermore, JSW aims to increase its stake in the MG Motor JV by purchasing additional SAIC's stake in the entity, as disclosed by JSW MG Motor India director Parth Jindal in a local Indian newspaper earlier this month. In May, Bloomberg News reported that Chery is also considering a Hong Kong initial public offering to raise around $1.5bn, citing those familiar with the matter. Earlier this month, Chery confirmed its entry into the UK new car market this summer under its own brand. "Chery to support India's JSW to launch new EV brand by 2027 – report" was originally created and published by Just Auto, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Entrepreneur
24 minutes ago
- Entrepreneur
Mumbai Gains Majority of Maharashtra's $1.4B Funding
Mumbai retained its leadership as the top funding hub, with a notable share of 64 per cent, while the ecosystem also witnessed two IPOs and the creation of one unicorn during the period. You're reading Entrepreneur India, an international franchise of Entrepreneur Media. Tech companies across the state of Maharashtra raised a total of USD 1.4 billion during the first half of 2025, according to Tracxn's Maharashtra Tech H1 2025 Funding Report marking an 8 per cent increase from the USD 1.26 billion raised in H2 2024 and a 1 per cent rise from the USD 1.34 billion raised in H1 2024, signaling a stable and slightly improving funding environment for the region. The growth has been propelled by robust early-stage activity and the continuation of large-ticket funding rounds, despite muted unicorn creation. Seed Stage funding totaled USD 129 million, showing a 22 per cent increase over H2 2024 (USD 106 million) but a 38 per cent drop compared to H1 2024 (USD 209 million). Early-stage funding stood at USD 698 million, marking a 65 per cent rise over H2 2024 (USD 422 million) and a 76 per cent surge over H1 2024 (USD 397 million). Late-stage funding was USD 524 million, representing a 28 per cent decline from H2 2024 (USD 730 million) and a 29 per cent fall from H1 2024 (USD 738 million). Retail Tech raised USD 463 million, up 109 per cent from H2 2024 (USD 222 million) and 29 per cent from H1 2024 (USD 360 million). Transportation and Logistics Tech saw a dramatic jump to USD 378 million, a 280 per cent increase from H2 2024 (USD 99.6 million) and 199 per cent from H1 2024 (USD 127 million). Enterprise Applications collected USD 321 million, down 6 per cent from H2 2024 (USD 340 million) and down 18 per cent from H1 2024 (USD 390 million). H1 2025 witnessed two USD 100M+ funding rounds, consistent with H2 2024 and slightly lower than the three recorded in H1 2024. Major deals included -GreenLine, which secured USD 275 million in a Series A round and which raised USD 222 million in a Series F round. These large rounds were primarily in the Transportation & Logistics Tech and Real Estate and Construction Tech sectors. One new unicorn emerged in H1 2025, a contrast to zero unicorns in both H2 and H1 of 2024. Additionally, two tech companies, ArisInfra and ATC Group, went public during the period. Mumbai continued to dominate, accounting for 64 per cent of all funding raised in Maharashtra, with Thane coming in a distant second. Overall, top investors included Blume Ventures, LetsVenture, and Venture Catalysts. Among individual firms, India-based Z47 led the highest number of deals (3 rounds). Venture Catalysts also added 3 new companies to its portfolio.
