Forsys Inc set to invest $10 mn over 3 yrs for expansion plan

Hyderabad: California-headquartered IT Company, Forsys Inc on Thursday expanded its presence in Hyderabad by moving to a bigger space in the Financial District. The facility, set up at an investment of $2 million (Rs 17 crore), is spread across 21,000 sqft, and is house to 450 employees majorly working in business consultancy roles.

Forsys provides Lead to Revenue services with all-inclusive cloud-based solutions. It opened its presence in Hyderabad in 2016 with 20 employees in an office space of 12,000 sqft. J P Vejendla, Founder, Forsys Inc, told Bizz Buzz: “By 2026 we would be doubling our headcount by adding another 450 to 500 employees. In the next three years we will invest upto $10 million in Hyderabad as we see growth opportunities here.”