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Vserv targets Rs 1,000 crore revenue by 2030
The Hindu BusinessLine··15 Sept
Vserv Infosystems COO Raman Shukla said the Noida firm expects about Rs 1,000 crore revenue by 2030. He said group turnover was around Rs 150 crore last fiscal as the firm marked 10 years. Vserv has about 2,000 employees and clients in 23 Indian states plus four other countries. Shukla said Singapore operations would start in the next two months.
Prism
What It Means For You
- Shukla linked the revenue target to an AI push around Bharat Service Desk.
- He said workforce plans call for growing headcount four to five fold over five years.
- Uttar Pradesh IT Minister Sunil Sharma cited the firm's decade-long expansion at the event.
What's Happening
- Speaking at a 10-year event on Monday, Shukla set out the 2030 revenue figure.
- He said growth rests on industry connect and an overseas foray.
- Sharma said Uttar Pradesh start-up counts rose from 120 in 2017 to 24,000 registered now.
The state backdrop to the claim
- Sharma said the state would start an AI Mission as an independent body.
- He contrasted a previous Rs 3.36 lakh crore budget with a current Rs 9.72 lakh crore budget.
- Vserv is Noida-based and already lists clients across much of India and four countries.
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