Home / Business and Economy / Cohesity Invests $1B in India: Engineering Hub Grows
Cohesity Invests $1B in India: Engineering Hub Grows
5 Dec
Summary
- Cohesity plans a $1 billion investment in India over five years.
- Company aims to make India its engineering and innovation backbone.
- Cohesity's India workforce grew to 2,200 after acquiring Veritas' business.
Data security firm Cohesity is making a substantial commitment to India, announcing plans to invest $1 billion over the next five years. CEO Sanjay Poonen emphasized India's critical role as the company's engineering and innovation backbone. This expansion follows a significant increase in its local workforce, growing to 2,200 employees after the acquisition of Veritas' data protection business.
Cohesity's enhanced presence includes major operational hubs in Bengaluru and Pune, along with teams in Mumbai and Delhi. The new Bengaluru facility is designed to house approximately 500 employees and aims to attract top engineering talent from premier Indian institutions. India's deep talent pool, English proficiency, and global collaboration capabilities have already made it a top revenue contributor for Cohesity.
Having achieved the number one global market share in its category, Cohesity is building towards becoming a "public-ready company." The company is focused on integrating the Veritas acquisition, a process expected to take another 12-18 months, and scaling towards becoming a $2 billion and eventually a $5 billion firm. India remains central to Cohesity's future ambitions in cloud, security, and AI.
