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CHENNAI: Outsourced content and e-learning provider Hurix
Systems Pvt Ltd on Tuesday announced expansion of its Chennai
operations and doubling its staff strength in India to 300
people by the end of this financial year.
The Mumbai-headquartered company would hire another 150
people this year, mainly at the newly established centre in
Chennai, its CEO Mr Subrat Mohanty said here. Currently,
Hurix Systems' Mumbai centre employs about 100 people, while
Chennai accounts for another 50.
"The company has recorded 100 per cent growth in the last
financial year and we are looking to repeat the performance
this year. Chennai would be our growth driver in the coming
years," Mr Mohanty said, adding the company evaluated other
cities such as P une, Kolkota and Mumbai, before selecting
Chennai for the expansion plans.
"Chennai fared well in terms of attrition rates, attitude of
the people and work-culture," he said. The closely held
private company, where Kotak Venture Fund holds a significant
stake, expects to post revenue of $5 million at the end of
this financial year.
Mr Mohanty said that the company has acquired 10,000 square
ft facility in Chennai city, which would house the existing
staff and the new recruits. "We are looking for software
engineers, creative writers and visual designers," he said.
"The global e-learning market is expected to reach $23.7
billion by 2006. We are preparing ourselves towards becoming
a major player in this segment," Mr Mohanty said.
The company, which has offices in Chicago and San Francisco,
also would open offices in London and in the West Coast of US
in the short-term, he said. - PTI
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