Money Managers Expand Tech Operations in Bengaluru, India

Two big money management companies, Brevan Howard and Point72, are setting up tech offices in Bengaluru, India.

This means they're hiring tech experts to help manage their investments.

These companies handle a lot of money, and they're coming to India to find talented people.

They are joining other financial companies that already have offices there.

India is a good place to find specialized tech workers like data scientists.

It looks like more financial companies might follow this trend in the future.

This is part of the growth of Global Capability Centers (GCCs) in India, which are facilities set up by global companies to do work there.