Global IT firm BonbLoc set its foot in Amaravati, to launch IoT services in APSRTC buses
VIJAYAWADA: In a move reflecting Amaravati's growing clout in the IT sector, global
blockchain technology
firm BONbLOC Technologies Limited has established its state-of-the-art hub at IT Towers, Gannavaram, Andhra Pradesh.
This marks a key milestone in BONbLOC's strategic expansion across India, reinforcing its commitment to innovation, regional development, and customer-focused service delivery.
The new facility is designed as a high-performance offshore service centre.
BONbLOC has partnered with the state government to launch advanced devices in APSRTC buses ahead of the state's free travel services for women under the Sthree Shakti scheme, starting 15 August.
Speaking at the inauguration, BONbLOC CEO Souri Govinda Rajan said the company has developed the 'Spot Bus IoT device', which will be installed in RTC buses as part of a pilot project. The devices will be launched in buses in Vijayawada, Guntur, Kakinada, Visakhapatnam, and Tirupati by chief minister Chandrababu Naidu, deputy chief minister Pawan Kalyan, IT Minister Nara Lokesh, Home Minister Vangalapudi Anita, and Revenue Minister Anagani Satya Prasad at different locations.
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These devices, equipped with 360-degree cameras, will enable real-time monitoring of RTC bus movements, assisting with surveillance, emergency services, safety, and operational data management. The CEO said BONbLOC aims to provide AI-based services in government programmes related to women's empowerment and public services, playing a key role in state-level innovations.
BONbLOC will also offer services in the pharma, health, automotive, retail, and food sectors.
Rajan announced that a Centre of Excellence (CoE) will soon be established in Vijayawada. He added that BONbLOC is among the top ten blockchain companies globally known for innovation, and expressed pride in expanding the US-based company to Andhra Pradesh. The CEO emphasised the company's goal of delivering high-quality software services efficiently and cost-effectively.
Rajan acknowledged the support of the state government and assured that BONbLOC will provide satisfactory services in AI, blockchain, and IoT projects.
He also highlighted the company's contribution to the Andhra Pradesh government's Swarnandhra Vision-2047 and noted that the state has the potential to achieve economic growth of $2.4 trillion.
'The expansion of BONbLOC in Vijayawada aligns with our mission to enable customers to realise unprecedented business value and demonstrates our dedication to becoming a leading IT company,' he said, stressing the company's commitment to earning customer trust and satisfaction.
The event was attended by BONbLOC's Director of Corporate Services, Jamunadevi Dayanidhi, and Director of the Public Business Unit, Sairam Matti. 'We enable businesses to generate millions of dollars in savings through supply chain visibility, food and drug safety, waste reduction, recall management, traceability, inventory optimisation, and regulatory compliance,' said Jamunadevi.
BONbLOC is a Great Place to Work certified company and one of the top ten innovative blockchain companies to watch in 2023. It was ranked #1448 on the INC5000 list for 2025, recognising America's fastest-growing private companies.
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