Latest news with #VinodMarur
Yahoo
25-04-2025
- Business
- Yahoo
Databricks to invest more than $250m in India
Data and AI company Databricks has unveiled plans to invest more than $250m (Rs21.36bn) in India over the next three years to enhance data and AI capabilities. The planned investment will support initiatives across training, research and development (R&D) and go-to-market operations. As part of this initiative, Databricks plans to grow its India-based workforce by more than 50% to more than 750 employees by the end of the current fiscal year. Databricks has also launched the India Data + AI Academy, an initiative aimed at enhancing the data and AI skills of the Indian workforce. The academy intends to train 500,000 partners and customers across the country over the next three years. It will offer a structured programme in data, analytics and AI, delivered through self-paced learning, AI-supported tutors and practical labs. Participants will receive Databricks certifications and accreditations upon completion. Databricks Learning & Enablement vice-president Rochana Golani said: 'The India Data + AI Academy will equip professionals with critical skills in data and AI, ensuring they stay ahead in the AI-driven economy. 'Through personalised learning paths and AI-driven skilling initiatives, we aim to shape the workforce of tomorrow and strengthen India's leadership in data and AI expertise.' Furthermore, Databricks has opened a new R&D office in Bengaluru, Karnataka. Located in Bagmane Capital Park, the 105,000ft² facility is intended to support innovation, collaboration and engagement with local customers and partners. Databricks engineering senior vice-president Vinod Marur said: 'Our investment in R&D in India, and particularly in Bengaluru, reflects our belief in the extraordinary technical talent found here. 'This year, we plan to hire an additional 100+ R&D engineers to strengthen our capabilities and deepen our roots in this vibrant technology community.' The Bengaluru centre is set to be integrated into Databricks' global R&D network, which includes offices in Amsterdam, Netherlands; Belgrade, Serbia; Berlin, Germany; and San Francisco, Mountain View and Seattle in the US. Databricks Asia-Pacific & Japan senior vice-president & general manager Ed Lenta said: 'India is one of our key growth markets for Databricks, and we are pleased that many leading organisations, including CommerceIQ, Freshworks, HDFC Bank, Swiggy, TVS Motors and Zepto, are leveraging the Databricks Data Intelligence Platform to drive innovation and transformation for their businesses. 'I am excited that all our investments in India will ultimately enable our customers to become more successful in their data and AI journey.' Last month, Anthropic partnered with Databricks to integrate its AI models, including the Claude 3.7 Sonnet model, into Databricks' Data Intelligence Platform. This collaboration aims to offer advanced AI capabilities to more than 10,000 companies, allowing them to build and deploy AI agents that reason. "Databricks to invest more than $250m in India" was originally created and published by Verdict, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Sign in to access your portfolio
The Hindu
25-04-2025
- Business
- The Hindu
Databricks to boost hiring, invest $250 million in India for AI expansion
Data analytics firm Databricks said on Thursday it will ramp up hiring and invest more than $250 million in India, doubling down on the country's artificial intelligence talent pool and growing AI investments. The San Francisco-based company will increase its headcount by over 50% to more than 750 employees in India by the end of the fiscal year, it said in a statement. The multimillion-dollar investment will support training initiatives, research and development (R&D) as well as go-to-market efforts such as hiring, the company added. "Our investment in R&D in India, and particularly in Bengaluru, reflects our belief in the extraordinary technical talent found here," said Vinod Marur, Senior Vice President of Engineering at Databricks. It also plans to hire over 100 R&D engineers at its new research center in Bengaluru, Marur added. The company has launched a Data + AI Academy in India, aiming to train 500,000 partners and customers over the next three years. Databricks, founded in 2013, offers a platform designed to help users ingest, analyze and build AI applications using complex data from a variety of sources.
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Business Standard
24-04-2025
- Business
- Business Standard
Databricks announces strategic investment of $250mn in India over 3 years
Databricks, a data and artificial intelligence (AI) company, on Thursday announced a strategic investment of over $250 million in India over the next three years to accelerate innovation in data and AI. The company, valued at $62 billion according to Tracxn, also plans to increase its headcount in India by more than 50 per cent to 750 by the end of this financial year. The investment will support training and enablement, research and development (R&D), and go-to-market activities. 'India is one of the key growth markets for Databricks, and we are pleased that many leading organisations, including CommerceIQ, Freshworks, HDFC Bank, Swiggy, TVS Motors, and Zepto, are leveraging the Databricks Data Intelligence Platform to drive innovation and transformation for their businesses,' said Ed Lenta, senior vice-president and general manager for Asia Pacific and Japan at Databricks. The announcement follows the recent opening of the company's new R&D office in Bengaluru, reaffirming its commitment to innovation and rapid growth in the country. The new Bengaluru R&D centre will form an integral part of Databricks' global research network, which includes locations in Amsterdam, Belgrade, Berlin, San Francisco, Mountain View, and Seattle. 'We continue to expand our presence into premier technical hubs across the globe. Our investment in R&D in India, and particularly in Bengaluru, reflects our belief in the extraordinary technical talent found here,' said Vinod Marur, senior vice-president of engineering at Databricks. He added, 'In less than two years, our Bengaluru R&D centre has grown into a dynamic team of over 100 engineers, building innovative products and infrastructure central to our global mission. This year, we plan to hire more than 100 R&D engineers to strengthen our capabilities and deepen our roots in this vibrant technology community.' Databricks has also launched the India Data + AI Academy, an initiative aimed at equipping the Indian workforce with advanced data and AI skills. The academy aims to train 500,000 partners and customers in India over the next three years. The academy will help professionals maximise the value of their Databricks solutions, boost productivity, and foster innovation. Participants who complete the programme will receive Databricks certifications and accreditations. 'India is emerging as a global AI talent hub, and Databricks is proud to invest in its growing ecosystem. The India Data + AI Academy will equip professionals with critical skills in data and AI, ensuring they stay ahead in the AI-driven economy. Through personalised learning paths and AI-powered skilling initiatives, we aim to shape the workforce of tomorrow and strengthen India's leadership in data and AI expertise,' said Rochana Golani, vice-president of learning and enablement at Databricks. 'Our partners are very important in our learning ecosystem. As one of several strategic initiatives, Accenture is featuring Databricks in its Bengaluru Connected Innovation Centre, which serves as a hub for helping clients innovate, prototype, and scale digital technologies, including emerging data and AI solutions,' she added.
Zawya
24-04-2025
- Business
- Zawya
Databricks to boost hiring, invest $250mln in India for AI expansion
Data analytics firm Databricks said on Thursday it will ramp up hiring and invest more than $250 million in India, doubling down on the country's artificial intelligence talent pool and growing AI investments. The San Francisco-based company will increase its headcount by over 50% to more than 750 employees in India by the end of the fiscal year, it said in a statement. The multimillion-dollar investment will support training initiatives, research and development (R&D) as well as go-to-market efforts such as hiring, the company added. "Our investment in R&D in India, and particularly in Bengaluru, reflects our belief in the extraordinary technical talent found here," said Vinod Marur, Senior Vice President of Engineering at Databricks. It also plans to hire over 100 R&D engineers at its new research center in Bengaluru, Marur added. The company has launched a Data + AI Academy in India, aiming to train 500,000 partners and customers over the next three years. Databricks, founded in 2013, offers a platform designed to help users ingest, analyze and build AI applications using complex data from a variety of sources. (Reporting by Shivani Tanna in Bengaluru; Editing by Shreya Biswas)
Reuters
24-04-2025
- Business
- Reuters
Databricks to boost hiring, invest $250 million in India for AI expansion
April 24 (Reuters) - Data analytics firm Databricks said on Thursday it will ramp up hiring and invest more than $250 million in India, doubling down on the country's artificial intelligence talent pool and growing AI investments. The San Francisco-based company will increase its headcount by over 50% to more than 750 employees in India by the end of the fiscal year, it said in a statement. The multimillion-dollar investment will support training initiatives, research and development (R&D) as well as go-to-market efforts such as hiring, the company added. "Our investment in R&D in India, and particularly in Bengaluru, reflects our belief in the extraordinary technical talent found here," said Vinod Marur, Senior Vice President of Engineering at Databricks. It also plans to hire over 100 R&D engineers at its new research center in Bengaluru, Marur added. The company has launched a Data + AI Academy in India, aiming to train 500,000 partners and customers over the next three years. Databricks, founded in 2013, offers a platform designed to help users ingest, analyze and build AI applications using complex data from a variety of sources.
