Two more IT companies have come forward to invest in the city of Visakhapatnam. While the news of Bodhtree coming to the city was confirmed on Friday, Lycos Internet Ltd and Kissht have also given the commitment to be a part of the Fintech Valley.
The companies are expected to provide nearly 600 job opportunities in the city. As per a Facebook post put up by the state’s IT Minister Nara Lokesh, Kissht alone will create around 300 jobs including 50 data scientists.
Bodhtree will cater to the GST needs of the state and its subsidiary, FundPitch will help with the funding of SMEs in the state, a report in The Hindu quoted.
It has also been reported that the Lycos team will soon visit Visakhapatnam as a first step in setting up their office in the city. The company has agreed in principle to start a development centre for Blockchain in Visakhapatnam.