Nvidia and SoftBank backed Cohesity lines up $1-billion India push, CEO says

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Nvidia and Japan’s SoftBank-backed US-based data security company Cohesity is stepping up its India bet with a $1-billion investment plan over the next five years, as CEO Sanjay Poonen positions the country as the company’s engineering and innovation backbone.

Poonen, who was in Bengaluru to inaugurate Cohesity’s new facility, said India has become central to the company’s growth after its acquisition of Veritas’ data protection business last year, which expanded its local workforce from about 700 to 2,200 employees.

The company now operates major…



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Nvidia and SoftBank backed Cohesity lines up $1-billion India push, CEO says


Nvidia and Japan’s SoftBank-backed US-based data security company Cohesity is stepping up its India bet with a $1-billion investment plan over the next five years, as CEO Sanjay Poonen positions the country as the company’s engineering and innovation backbone.

Poonen, who was in Bengaluru to inaugurate Cohesity’s new facility, said India has become central to the company’s growth after its acquisition of Veritas’ data protection business last year, which expanded its local workforce from about 700 to 2,200 employees.

The company now operates major…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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