Xevyte Aims for $100 Million Revenue and Workforce Expansion by 2030

IT company Xevyte plans to double its revenue to $100 million by 2030 while expanding its workforce to 5,000. Growth is expected from Global Capability Centres and the Banking, Financial Services, and Insurance sector. The firm currently operates in India, the USA, and the UK, with plans for further expansion.

IT company Xevyte has set ambitious targets to double its revenue to $100 million by 2030 and expand its workforce by eightfold to 5,000 employees within five years, a senior company official announced.

Xevyte, with its roots in Bengaluru, specializes in digital engineering, cybersecurity, infrastructure, and talent strategy. The company counts over 100 clients across India, the USA, and the UK, having evolved from its previous identity as SquareTek.

The Chief Strategy Officer, Shailendra Puri, emphasized the importance of Global Capability Centres and the BFSI segment in achieving these goals. With current employee numbers around 630, Xevyte plans for major hiring drives, focusing on technological innovation in cybersecurity and data management across key geographic regions.