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  Hurix Systems expands operations, to hire 150 people in Chennai



 

hurix systems logoCHENNAI: 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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