Enterprise software firm Deskera to expand India operations
Deskera featured in The Economic Times
Enterprise software firm Deskera plans to expand its presence in India with a data centre in Andhra Pradesh, and offices in Hyderabad, Bengaluru and Chennai.
Shashank Dixit, CEO, Deskera told ET that the company planned to invest about 25 million SGD (Rs 125 crore) towards this proposed data centre. The company had launched its India operations last year and had been growing rapidly, he said.
“We are currently present in five cities and will expand to 20 over the next 6-9 months. We currently employ 350 people and would be adding another 1,000 over the next 12-18 months,” he said.
The Singapore-headquartered firm has invested about 20 million SGD (Rs 100 crore) in its India operations so far. Deskera provides cloud-based ERP services, focusing primarily on small and medium enterprises.
It recently announced a collaboration with Alibaba Cloud, the cloud computing arm of Alibaba Group, to provide a SaaS solution to customers in the Middle East, Africa, India and China. Dixit said that the company saw great potential in India with the rollout of the GST as enterprises need GST software.
Deskara wants to be the Alibaba of the SME market, said Dixit.”The way the company has a play in logistics, payments and marketplace, we would someday like to be present in all three segments, but specifically in the SME space,” he said.
This would either be through a strategic partnership with other companies, particularly in the logistics space, or on their own. Deskera, backed by investors like Tembusu and France’s Tikehau Capital, said that its founders still controlled 80% of the company.