A Texas-based company specialising in capital planning and construction management software for infrastructure and privately owned sectors is expanding its operations in India.
Aurigo Software, headquartered in Austin, with offices in Canada and India, is expanding its technology and support operations with the establishment of a new campus in Mysore, in Karnataka, India, which is scheduled to open in January 2024.
The company says it has “an eye on ambitious growth”, aiming to double its workforce from its current headcount of around 500 employees, to over 1,000 within the next three years.
Balaji Sreenivasan, chief executive and founder of Aurigo Software, said: “The Mysore expansion isn’t just about growth; it’s about accessing a broader talent reservoir and leveraging the unique advantages of Tier 2 cities. As we augment our presence in Austin, Toronto, and Bangalore, Mysore emerges as a strategic choice to harness talent and optimize operational costs.”
The company says the increase in headcount need has been fuelled by higher demand from capital owners for Aurigo’s cloud-based solutions over the last two years and into 2024.
Aurigo has secured new customers in transportation, transit, local government, and other parts of the public sector landscape since the bipartisan Infrastructure Investment & Jobs Act (IIJA) passed in November 2021.
The area, often referred to as the ‘Silicon Valley of the South,’ has earned its reputation as a growing technology hub with a burgeoning pool of tech-savvy professionals.
Home to almost one million residents, Mysore’s infrastructure and developing ecosystem of educational institutions have made it a prime location for technology companies to tap into a talented workforce. Major IT enterprises such as Wipro, Infosys, and Excelsoft Technologies already have a presence in the city.
Heramba Hegde, vice president of finance and head of facilities at Aurigo Software, said: “Expanding to Mysore signifies our commitment to exploring new horizons. Tier 2 cities offer a blend of cost-effectiveness combined with a prestigious, high-potential talent pool. As we establish our fourth global location, we’re positioning Aurigo for a sustainable and innovative future.”
Image credit: SFIO CRACHO/Shutterstock
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