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Automation Anywhere to accelerate India expansion plans with $100 Million Investment


Automation Anywhere to invest $100 million in India

Automation Anywhere announced an investment of $100 Million in India, reports Hindu Business Line.

Founded in 2003, San-Francisco headquartered, Automation Anywhere offers an advanced, enterprise-grade, cognitive Robotic Process Automation (RPA) platform. In total, the company has raised $550 million in three funding rounds, according to CrunchBase. Automation Anywhere this year also acquired Paris based Klevops to maximize Humans and Bots collaboration.

Executive Opinion

While speaking to Hindu Business Line, co-founder and CEO, Mihir Shukla, Automation Anywhere, "We are the fastest growing company in our category and have experienced a 200 per cent growth rate YoY in IMEA (India, Middle East, Africa). Our enterprise-grade platform that combines RPA, cognitive and embedded analytic technologies, uses software bots that work side by side with people to do much of the repetitive work across industries. Globally, we have deployed 1.4 million software bots and plan to deploy over three million software bots by 2020."

In another interaction to Hindu Business Line, co-founder and Chief Revenue Officer at Automation Anywhere, Ankur Kothari, said. "As organisations seek to lower operating costs and improve employee productivity with RPA, India possesses a tremendous business opportunity for our company. Over the next, we anticipate deploying over one million bots across India and Middle East to help companies discover, deploy and scale RPA to drive extraordinary human potential."

Automation Anywhere Expansion in India

As a part of its investment plan, Automation Anywhere will now open four new offices in India at Delhi, Hyderabad, Pune, and Chennai. The company also plans to increase its headcount. At present, it has more than 800 people in India, the report notes. Current India office locations include Vadodara, Bangalore, Mumbai.

As of now, the company has three engineering centers in India. Two are in Bangalore, Baroda while third engineering center will start at Pune by the end of this year.

The company also plans to double its workforce across Africa, India and the Middle East region by the end of this current year. 

PC: Pablo,Unsplash

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Udit Agarwal Opinions expressed by techsutram contributors are their own. More details

Udit Agarwal is a Digital Marketer and a Content Marketing Specialist, He enjoys technical as well as non-technical writing. His passion and urge for gaining new insights on gadgets, smartphones and technology has led him to Techsutram. He quenches his thirst for technology through his action oriented writing skills and a profound ability to stay up to date with latest industry trends.

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