Latest news with #BhartiyaConverge
Time of India
24-04-2025
- Business
- Time of India
Bhartiya Urban ventures into GCC space with Bhartiya Converge
Bhartiya Urban has forayed into Global Capability Centre (GCC) enablement platform segment under Bhartiya Converge , a tailored and integrated suite of microservices built to address the evolving operational needs of GCC , fostering agility, efficiency, and scalable growth. 'Setting up a GCC in India is not just about finding office space or hiring talent. It is a complex interplay of physical infrastructure, talent and business operations to create an integrated ecosystem supported by the vision of a global strategy. At Bhartiya Urban, we have created a proven ecosystem that brings all of these facets together; and with Bhartiya Converge, we are formalising that into a scalable, service-first model tailored to organisations of all sizes seeking strategic advantage through their India operations,' said Arjun Aggarwal , Vice Chairman & Managing Director, Bhartiya Urban. The Bhartiya Converge model eliminates vendor markups and coordination delays while driving cost efficiency, flexibility and faster turnaround time. Currently, leading global corporations across industries like technology, retail, logistics, aviation, pharmaceutical and more are already availing facilities beyond workspaces offered by Bhartiya Urban. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Google Brain Co-Founder Breaks His Silence: Read These 5 Books And Turn Your Life Around Blinkist: Andrew Ng's Reading List Undo Sriram Chidambaram, Executive Director, Bhartiya Urban, a business leader in the technology and GCC space, will provide the required guidance, support and mentorship as Chief Mentor, Bhartiya Converge. 'At Bhartiya Converge, we will leverage capabilities from within our ecosystem, accelerate turnaround time, and create an environment optimised for innovation and strategic value creation. Global Capability Centres will transform from being just cost centres to strategic assets giving clients a competitive advantage and driving business growth,' said Sriram. Live Events To lead this initiative, Monica Pirgal has been appointed as CEO of Bhartiya Converge, with over 25 years of experience across consulting, banking, retail, and technology. Pirgal previously served as Vice-President and Site Head for Neiman Marcus Group in Bangalore, where she built and led a captive centre. Her career includes leadership roles at global giants like Goldman Sachs and Lowe's, enabling and scaling GCCs with employee headcounts ranging from 100 to 8000+. 'The GCC revolution has just begun, and Bhartiya Converge is making a serious, long-term bet on the future of GCCs in India, ready to dominate and lead the industry. I'm excited to bring my experience to shape and lead this journey. Bhartiya Converge is built to eliminate friction, whether it's around regulatory approvals, cost control, or building high-performance teams. Our goal is to make India not just a viable destination, but a strategic advantage,' said Monica Pirgal, CEO, Bhartiya Converge.' The leadership team at Bhartiya Converge comprises professionals with rich experience across technology, strategy, compliance and legal, human resources, finance and marketing. According to experts India is rapidly becoming the global headquarters for Global Capability Centres, with over 1,600 GCCs already operating in the country and another 600-800 expected to enter over the next 3–5 years, creating a talent ecosystem of over 2 Mn. professionals. The opportunity spans across sectors — from automotive, BFSI, pharma and fintech to fashion, retail, F&B, healthcare, and agro-tech.
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Business Standard
24-04-2025
- Business
- Business Standard
Bhartiya Group launches new venture, to serve as GCC enablement platform
Bhartiya Urban has launched Bhartiya Converge, a new business venture that will serve as a Global Capability Centre (GCC) enablement platform, offering advisory, consultancy, operations, and management services to global organisations seeking to establish GCCs in India. Arjun Aggarwal, vice chairman and managing director of Bhartiya Urban, told Business Standard in an exclusive interaction that the platform is now officially available for companies, and the leadership team is actively engaging with potential global and domestic clients. Bhartiya Converge, which will operate under Bhartiya Urban, aims to streamline the GCC setup process through a scalable, service-oriented model designed to provide strategic advantages to organisations through their India operations. The platform offers a customised and integrated suite of microservices tailored to the evolving operational needs of each GCC. It aims to enable agility, efficiency, and scalable growth while eliminating vendor mark-ups and coordination delays, thereby offering enhanced cost efficiency, flexibility, and quicker turnaround times. Aggarwal highlighted Bhartiya's unique position in the market: 'I am one of the only players in the market today who is completely backward integrated. I have my own construction company. There will be a dedicated block within Bhartiya City in Bengaluru for GCCs, which is owned by us. The campus already hosts many top-tier GCCs.' The company plans to open offices in the United States and Europe, where it already has a presence through its fashion business design centres. Explaining the rationale behind entering the GCC space, Aggarwal said, 'This is not just a real estate strategy. It is a strategy for value creation for both Bhartiya and global companies to partner and extract that value from India for global operations.' He added that the move is aligned with India's transformation from a back-office hub to a centre for innovation and research and development: 'The government has taken an initiative, and today the world recognises India's capability beyond the back office—as the front-end office, as thought leaders, as innovation leaders.' The company has appointed Monica Pirgal as the chief executive officer of Bhartiya Converge. Pirgal previously served as vice-president and site head for Neiman Marcus Group in Bengaluru. 'The GCC revolution has just begun, and Bhartiya Converge is making a serious, long-term bet on the future of GCCs in India, ready to dominate and lead the industry,' she said. Sriram Chidambaram, executive director, Bhartiya Urban, will serve as chief mentor, providing strategic guidance to the new platform. 'Global Capability Centres will transform from being just cost centres to strategic assets, giving clients a competitive advantage and driving business growth,' said Chidambaram. India is rapidly emerging as a global hub for GCCs, with over 1,600 currently operating in the country. The number is expected to double over the next three to five years across sectors such as technology, retail, logistics, aviation, and pharmaceuticals. Bhartiya Converge will leverage Bhartiya Urban's existing strengths in real estate, design, and construction. The platform will offer services including real estate solutions, fit-outs, and technology consulting. Bhartiya Urban's flagship project, Bhartiya City in Bengaluru, is a large integrated township featuring residences, workspaces, a retail mall, a school, luxury residences, and a hotel and convention centre, creating a comprehensive ecosystem for GCCs, Aggarwal added.
