Darshan widens focus on technology-led new-age services
Hiranandani Group is to invest Rs.3,500 crore over the next 2-3 years with Rs.1,000 crore planned for this year for the launch of its new venture, Tez Platforms, to focus on large opportunities in the arena of social media, entertainment, gaming and e-sports, e-commerce, personal mobility, artificial intelligence and blockchain linked solutions.
Hiranandani Group CEO Darshani Hiranandani said, “We have a roadmap to launch two highly sought-after services in 2022, followed by another three in the next year.
Tez Platforms will leverage synergies and talent from various Hiranandani Group entities.
It also has aggressive plans to hire over 250 employees in FY 2023.
“Tez’s initial outlay to launch the services this year will be approximately Rs.1,000 crore. And over the next 2-3 years, we expect to invest approximately Rs.3,500 crore,” he said.
“We believe that the potential of digital has barely scratched the surface. In keeping with the Digital India vision, we are widening our focus on technology-led, new-age services.
“Yotta Infrastructure will continue to be the vehicle for us to invest in areas of cloud computing, interconnectivity, enterprise applications and enterprise cyber security technologies, which are enhanced by our hyperscale and edge datacenter roll-outs.
“Separately, through Tez Platforms, we intend to incubate and work with leading technologies and partners (both domestic and global) in other areas as well, in the next steps of our journey,” he said on 16 Feb 2022.
The group will also be working through its non-profits in arenas of skilling and training in the field of cloud solutions, cyber-security and artificial intelligence. fiinews.com
