Thursday, Jun 8 2023 | Time 04:04 Hrs(IST)
Business Economy

Prodapt to invest USD 7 mn in Panama Operations expansion

Chennai, May 26 (UNI) Prodapt, the largest and fastest growing specialized
firm in the Connectedness industry, is expanding its Panama operations
through USD 7 million investment, leveraging the unique nearshoring advantage
offered by the country.
The investment will generate approximately 500 technology jobs in areas
such as cloud computing, artificial intelligence, and technical support.
“Prodapt is the first India-headquartered technology services and consulting
firm to set up operations in Panama. By leveraging the skilled workforce and
conducive business environment in the country, we have scaled its operations
several times over the last two years,” Harsha Kumar, CEO of Prodapt, said.
“We have invested around USD 5 million in building out the center and its
workforce,” he added.
The company’s operations in Panama began with a six-seater setup and has
expanded over the last two years to 200 technology and domain experts who
offer critical delivery and troubleshooting services for Prodapt’s strategic
customers in the Connectedness domain, including some of the largest
Communications Service Providers in the Americas. The employee count
at Prodapt Panama is expected to exceed 300 this year, he said, according
to a Prodapt release here today.
UNI GV 1632
More News

Renault India deliver Triber in Hyderabad

07 Jun 2023 | 11:24 PM

Hyderabad, June 7 (UNI) Renault India, the leading European brand in India, on Wednesday announce the first delivery of Renault Triber compliant with the BS6 step 2 in Hyderabad.

see more..
MSP Hike for kharif crops unlikely to be inflationary: SBI

MSP Hike for kharif crops unlikely to be inflationary: SBI

07 Jun 2023 | 10:44 PM

New Delhi, June 7 (UNI) Hike in minimum support price (MSP) for Kharif crops is unlikely to be inflationary as any impact on inflation is directly proportional to procurement, a SBI Research report has said.

see more..

PhonePe SmartSpeakers unveils voice payment notifications in Kannada

07 Jun 2023 | 9:50 PM

Bengaluru, June 7 (UNI) PhonePe on Wednesday announced the launch of voice payment notifications for its SmartSpeakers in Kannada.

see more..
Noise launches ‘Buds Trance’

Noise launches ‘Buds Trance’

07 Jun 2023 | 5:42 PM

New Delhi, June 7 (UNI) Lifestyle tech brand Noise has launched ‘Buds Trance’, as a part of its TWS portfolio.

see more..

Honda Motorcycle & Scooter India introduces ‘Extended Warranty Plus’ programme to support customers

07 Jun 2023 | 5:28 PM

Mumbai, Jun 7 (UNI) Auto major Honda Motorcycle & Scooter India (HMSI) on Wednesday unveiled 'Extended Warranty Plus (EW Plus)' programme, an advanced iteration of their extended warranty offering, now available across all scooter and motorcycle models up to the 250cc segment.

see more..