Many young employees in the IT sector were recruited from tier II cities. Almost 60% of them have gone back to their hometowns and this has opened up an opportunity to attract talent from across the country, he said.
Mazumdar previously worked as an investment analyst at A91 Partners, which has backed D2C brands like Sugar Cosmetics and Plum.
Bloomington, Minnesota is home to one of the 30 TCS facilities in the U.S. and supports leading enterprises in Minnesota, including Ameriprise Financial and Best Buy.
The move to the cloud is challenging the systems of the past. Newer providers are also making it much easier to adopt their technology directly, alleviating the need for corporate purchasers to negotiate large contracts with salespeople and allowing end users to more easily pick their own tools.
India is set to firmly oppose any further extension of a moratorium on customs duty for ‘electronic transmissions’ at the WTO’s 12th ministerial conference, which kicked off on Sunday.
The company will take its live commerce solutions including Roposo as well as its recent gaming acquisition, Gambit, to the US market over the course of the year.
Executives at Big Tech firms told ET that not extending the moratorium could be extremely problematic as there is no way to properly assess what constitutes electronic transmission — with no clear definition available. It could also adversely impact the country's fledging outsourcing industry, they said.