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Technology: Codebele acquisition underlines potential of talent in Tier 2 cities

Fiinews by Fiinews
July 30, 2022
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Tier 2 cities have the same, if not more, potential than Tier 1 cities, says Reddy

Bangalore’s Terralogic Software Solutions has announced the acquisition of Bellari-based software development company Codebele, underlining the value of technologies in India’s Tier 2 cities.

“Codebele brings in an excellent talent pool in Bellari city, and Terralogic is looking at expanding our footprint in Tier 2 cities to get the best digital transformation talent,” Terralogic CEO Renil Komitla elaborated.

“Tier 2 cities have the same, if not more, potential than Tier 1 cities, with less traffic, costs, and other urban problems. Our objective with Codebele is to highlight the existence of Bellari as a premier center for a development firm,” Codebele founder Manoj Reddy said in a release on 29 July 2022.

“By the end of the year, we expect to have a strong growth rate and a significant global footprint, proving that even Tier 2 cities can prosper when they have a truly competent workforce,” he said of Codebele and potential of Karnataka state’s Tier 2 city of Bellari.

“We want Codebele to have a worldwide presence and offer top-notch services to businesses not just in India but all around the world. We’re certain that we will be able to achieve this with Terralogic.”

Founded in 2012, Codebele saw tremendous growth in just 10 years and collaborated with significant clients including Myntra, EY, Hexaware and Kotak Life.

Codebele specializes in all aspects of application development, including website and mobile app development, frontend and backend programming as well as cloud-based apps.

The presently work with over 100 clients, have completed over 200 projects, and have shown constant revenue growth every year.

Komitla complimented, “Manoj has built a great team specializing in application development and his team of engineers will be focusing on empowering mid-sized businesses to go digital!”

Terralogic is one of the world’s leading Cyber security, IT and software service providers and consulting firms. Founded in 2008, the company has seen immense growth and now has around 1,200+ employees, with operations in over 4 countries. fiinews.com

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