ThoughtWorks, a global software consultancy firm, recently ventured into India’s financial capital and set up a new office to cater to its BFSI clientele. As part of its continued growth in India, the Mumbai office offers clients technology consulting, product driven strategies and platform thinking to thrive in a sector that is heavily driven by cutting edge technology demands.
ThoughtWorks’ new office will accelerate engagements with Indian Business Houses (IBHs) by providing digital and data management capabilities at scale and by mobilizing emerging tech like Artificial Intelligence and Machine Learning for FinTech businesses.
The investment in the new geography supports ThoughtWorks’ vision of revolutionizing India’s BFSI industry through tech excellence and data driven insights. The company’s proven presence in the financial services sector comes from working with several global financial institutions and their captive centers on strategic digital transformation journeys in both Mumbai and Pune.
Speaking on the company’s plans to strengthen its foothold in the sector, Sudhir Tiwari – Managing Director, ThoughtWorks in India said, ‘’The Indian BFSI industry is experiencing a seismic shift. Banks are turning to digital natives to build digital platform capabilities and deliver exceptional service at scale. Banks are working on the business imperative of creating futuristic systems and architecture by putting technology at the core of their organization. For us and our India growth plans, Mumbai, India’s financial capital, makes perfect sense as the next step. We are delighted to set foot into the city and leverage our more than 25 years of tech expertise here.’’
The Mumbai office is located at the Hiranandani Business Park in Powai and serves as a launchpad for experienced technologists and full stack developers.
ThoughtWorks will also invest in nurturing its employees through high intensity training and programs. The Mumbai center will initially be supported by its Pune office, with plans to further expand its workforce in the city.
This recent addition takes the total number of ThoughtWorks’ India offices to seven, with the other six spread across Bengaluru, Chennai, Coimbatore, Gurgaon, Hyderabad, and Pune.