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Goldman Sachs opens in Bengaluru office

Fiinews by Fiinews
May 29, 2019
in Investment, Projects, Technology
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GS seeks entrepreneurial talent

 

Goldman Sachs.

Goldman Sachs said it has opened a new office in Bengaluru, a hub for India’s Information Technology which is expected to grow to US$350 billion industry 2025.

Often referred to as the Silicon Valley of India, Bengaluru has also become the center of R&D for several defense and space institutes and home to the largest number of venture capitalists in the country, said Goldman Sachs in its market briefing dated 28 May 2019.

As a result, India, and Bengaluru in particular with its proximity to leading universities, offers access to a large pool of entrepreneurial talent across engineering, management, analytics and accountancy, noted Goldman Sachs.

Goldman Sachs will expand operations there, a reflection of the city’s position as “an incubator of talent for our businesses around the world,” said its Chairman and CEO David Solomon.

The Goldman Sachs Group, Inc. is a leading global investment banking, securities and investment management firm that provides a wide range of financial services to a substantial and diversified client base that includes corporations, financial institutions, governments and individuals.

Founded in 1869, the group is headquartered in New York and maintains offices in all major financial centers around the world. fiinews.com

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