Monday, Jul 4 2022 | Time 09:05 Hrs(IST)
Business Economy

Jocata opens head office in Hyderabad

Hyderabad, Jul 19 (UNI) Jocata Financial advisory and Technology, founded by former Deloitte colleagues from New York, opened its head office in 10,000 sq. ft area in the city, here this evening.
Jocata is a technology fintech start-up in the field of customer analytics, customer due diligence and transaction monitoring.
The company will provide technology support to the banks and business financial institutions across including insurance companies, in the country and also at other states.
Speaking on the occasion, the IT company CEO and Managing Director, Prashant Muddu and Managing Director Ms Anrew Weist (both ex-employees of Deloitte, New York), said that we are also planning to open two more centres – one at in Mumbai and another in New York in next 2-3 months.
We have invested one million US dollars and planning to raise 5 million US dollars by next 3 months , they said and adding that we will increase the employees strength to 150 from the current strength of 100 in the next few months.
Presently, we have 40 clients including ICICI, RBL, Axis and Kothak and add 20 more by this year end, they informed.
Jocata, a technology fintech start-up, was selected as one of eight most innovative companies in Asia by a panel of global banks in Accenture’s FinTech Innovation Programming held earlier in Hong Kong
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