Investments to propel advancements digital manufacturing platform
Fictiv Inc, the operating system for custom manufacturing, recently announced the opening of its new office in Pune, which will serve to complement its headquarters in San Francisco as an additional engineering center and provide an anchor for further investment in Fictiv’s India manufacturing partner network.
Fictiv, which has recently completed a US$100 million Series E funding round, taking its total funding to US$192 million since its founding in 2013, is looking rapidly to expand headcount at Pune office which currently has over 30 employees.
These investments will propel accelerated advancements for its digital manufacturing platform and offer customers a more geographically diversified supply chain with quality assurance employees on the ground in a region known for its global capabilities, said Dave Evans, Co-founder and CEO of Fictiv.
“This investment builds upon the tremendous growth we’ve experienced as a company and we’re very excited Fictiv is now part of the energy and vibrancy of the growing technology landscape of the country,” Evans said on 23 Aug 2022.
“I believe Fictiv’s ability to operate with agility across borders is a significant benefit to our customers, and the investment in our new office in Pune is another example of how we continue to simplify sourcing of custom mechanical parts,” he said.
Fictiv’s Pune office is in the heart of a city that has become a financial hub and cultural center, and is home to several top educational institutions. The Pune city offers a high standard of living and boasts a low cost of living relative to other nearby metropolitan cities.
The new office incorporates many aspects of Indian culture with numerous employee benefits and amenities. The modern workspace also promotes a high-energy and collaborative team environment.
“There is a thriving engineering, manufacturing and IT talent pool in the Pune region,” said Rahul Vaidya, Director of Engineering at Fictiv and Head of the Pune office.
“This physical investment in the Pune community shows that Fictiv is here to stay as a stable presence for India’s booming start-up economy, and as we keep adding to our best-in-class technology team, it will only fuel our momentum to launch ground-breaking developments in the near horizon.”
“In digital manufacturing, Fictiv is known for its unmatched production speed and quality,” said Sameer Gandhi, Partner at Accel and Fictiv Board Director.
“For years, Fictiv has been on the forefront of innovation and growth in their industry and the new office opening is the latest example of their expanding global footprint.”
Fictiv is the operating system (OS) for custom manufacturing that makes it faster, easier, and more efficient to source and supply mechanical parts. fiinews.com
