The Hindu : Business : Genovate to open eight new centres

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Thursday, May 22, 2008
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Business

Genovate to open eight new centres

To invest
$3-5 m in
12 months
To target individuals, universities

— PHOTO: PAUL NORONHA

STRENGTHENING PRESENCE: Anton Ravindran (left), Group CEO and Founder, Genovate, with MaryJo Swenson, Vice-President, Novell Technical Learning, at a press conference in Mumbai on Wednesday.

MUMBAI: IT and training solutions company Genovate Solutions plans to invest around $3-5-million to open eight new centres in the next 12 months, a top company official said. “We will be investing $3-5-million for opening eight new centres in various parts of the country,” Genovate Group CEO J. Anton Ravindran told PTI here on Wednesday.

The company, in the last 12 months, had invested a similar amount in infrastructure and upgradation and renovation of its existing centres. It, at present, operates in Mumbai, Kochi, Tiruchi, Ahmedabad, Pune, Lucknow, Mangalore, Baroda, Hyderabad and Bangalore. Out of the proposed eight centres, two centres would be opened in the next three months in Lucknow and Thane, he said.

Genovate has also entered into a tie-up with infrastructure software and services company Novell to provide training in India. Genovate, with the partnership, would target both individuals and universities, he added. — PTI

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