1 hr ago

Vserv Infosystems Targets ₹1,000 Crore Revenue Through AI by 2030

Vserv Infosystems Targets ₹1,000 Crore Revenue Through AI by 2030
Vserv Infosystems eyes ₹1,000 crore in revenue by 2030: COO · thehindubusinessline.com

Vserv Infosystems is an information-technology company based in Noida.

It currently has about ₹150 crore in group revenue.

The company hopes to reach ₹1,000 crore by 2030.

Its leaders say artificial intelligence will help drive this growth.

Vserv has customers in 23 Indian states and four other countries.

It plans to start working in Singapore within two months.

The company has 2,000 employees and wants to hire many more.

Uttar Pradesh’s IT minister said the state is also encouraging start-ups and technology projects.

Key facts

Current revenue
Approximately ₹150 crore in the last fiscal year
2030 revenue target
Approximately ₹1,000 crore
Employees
About 2,000
Indian client coverage
23 states
International presence
Four other countries
Planned expansion
Singapore operations expected to begin within two months
Workforce plan
Four- to fivefold growth over the next five years

Quotes

Raman Shukla

Chief Operating Officer of Vserv Infosystems

“There were only 120 start-ups in UP in 2017, and at present it has 24,000 registered start-ups. We have appointed a new CEO of the start-up mission. Soon, we are going to start the AI Mission as an independent body”
thehindubusinessline.com
“As a group, we have almost ₹150 crore turnover. Bharat Service Desk is our journey in AI. It is our invention. We are expecting almost ₹1,000 crore revenue by 2030 with this AI transformation”
thehindubusinessline.com

Sources

Related news