Left Menu
Development News Edition

Druva to hire over 300 people globally next fiscal, strengthen Pune R&D operations

Druva to hire over 300 people globally next fiscal, strengthen Pune R&D operations

Cloud data protection and management firm Druva is looking to hire about 300 people next fiscal, including in India, to take its total headcount to about 1,300 employees by the end of 2020-21. The company, which had in June this year announced a USD 130 million (over Rs 900 crore) funding round led by Viking Global Investors, has a research and development (R&D) unit in Pune.

"We are seeing strong growth in our business in the US and in the APAC region. We have expanded to Australia and are focussing on growing that...we have about over 800 people and are hiring aggressively," Druva founder and CEO Jaspreet Singh told PTI on the sidelines of TiE Global Summit 4. By March next year, Druva's headcount is expected to touch 1,000 people and go up to 1,300 by end of 2020-21, he added.

Singh said the team expansion will also include its India team that will see an addition of at least 100 people. "We have over 400 people, and by end of next fiscal, we should be at 500-520 people in India," he said, adding that these people will mostly be in the R&D team.

Druva offers cloud-based backup, disaster recovery, archival and analytics solutions. It has over 4,000 enterprise customers, including names like Pfizer, Flex, Marriott, Live Nation, and Hitachi. It also counts NASA as a client. The company gets about 80 per cent of its revenues from the North American market and is nearing a revenue run rate of about USD 100 million.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)



What happens to your outstanding loans if the bank falls?

... ...

Time for a change! Innovations to stop the growing plastic pollution

As the planet is drowning in plastic pollution, many new innovative approaches and solutions have emerged to effectively deal with the menace....

How to avoid fake universities and fishing bait like Farmington

As education sharks are roaming around to prey, we present a guide on how to mitigate hunters and reach to a genuine universityinstitute. In this era of commercialization of education, the fake universities and economic frauds in educationa...

How India is being pushed towards commercialization of higher education

The reluctance of the present dispensation in pushing the higher education towards commercialization is not just limited to the fees hike in Jawaharlal Nehru University JNU. It seems the government is gradually implementing a plan which is ...


Latest News

Kevin Costner sets investigative drama 'ISB' at ABC

Actor Kevin Costner will star and executive produce ABCs new investigative drama series ISB. The show, which Costner will also write with Aaron Helbing, revolves around the elite special agents of the Investigative Services Branch ISB.The a...

With CAB, Centre wants to change demography of northeast: Manipur MP

The government is trying to alter the demographic profile of the Northeast by dumping outsiders in the volatile region under the garb of the citizenship bill, a Lok Sabha member from Manipur alleged on Friday. Lorho Pfoze of the Naga People...

Ajit Pawar gets ACB clean chit in Vidarbha irrigation scam

Ajit Pawar gets ACB clean chit in Vidarbha irrigation scam Nagpur, Dec 6 PTIMaharashtras Anti-Corruption Bureau ACB has given a clean chit to NCP leader and former deputy chief minister Ajit Pawar in the Vidarbha irrigation scam. The ACB,...

Monahan, Lucic drive Flames past Sabres

Sean Monahan collected a goal and an assist while Milan Lucic netted his first goal of the season as the host Calgary Flames scored four straight goals to net a comeback 4-3 win over the Buffalo Sabres on Thursday night. Goaltender David Ri...

Give Feedback