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Netguru to expand software development centres 

PRESS TRUST OF INDIA  
New Delhi: Nasdaq-listed Internet company Netguru Inc on Friday said that it would invest Rs 20 crore to expand its software development facilities in the country.

"We plan to invest about Rs 20 crore for setting up additional development centres in Bangalore, Hyderabad and Ahmedabad," chief executive officer of Netguru Amrit K Das said here.

Das said the company would also look at expanding its development centres in Delhi, Mumbai, Chennai and Calcutta.

"We would pump in a major part of the investment in India into infrastructure, besides training manpower for the company's software requirements," he said adding that Netguru was investing an additional Rs 15 crore to set up a digital studio in Calcutta.

In April, the company announced its plans to invest up to Rs 100 crore for launching its Internet service in the country for which it took up to 30 per cent stake in Delhi-based Vital Communications through a Rs 10 crore cash deal. Elaborating on the company's future plans on the ISP front, Das said that the company would roll out its services in Calcutta, Delhi, and Mumbai in the first phase and in Chennai, Ahmedabad, Hyderabad and Bangalore in the second phase.

"The company would also set up its international gateways in Calcutta, Mumbai and Delhi, he added.

While Netguru would look at establishing ISP point of presence network in the country, Vital Communications would market the Internet services in the country, Das said.

"The ISP services would be targeted at corporates and home segment and the focus would be on offering value added services like Web hosting and Web designing, virtual private networks (VPNs), application service provider (ASP) and e-commerce," he said adding that the company also plans to launch various portals on religion, shopping and travel.

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