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US-Based Altimetrik announces to triple hiring engineering team in India

  • Altimetrik, a US-based digital business modernization service provider, announced plans to triple its IT engineering team in India and aim for USD 1 billion in revenue over the next three years.
  • CEO Raj Sudarshan highlighted India's talent pool as a key factor in this expansion. Currently, Altimetrik has over 5,000 engineers in India, making up about 80% of its global workforce of 6,200.
  • The company, backed by TPG Capital, is set to increase investment to support this growth, focusing on digital business modernization and AI. This move comes despite a general decline in tech hiring in India due to layoffs and lower salaries.

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