AP’s NRI techie begins ITES firm in Prakasam, hometown for rural expertise – The New Indian Categorical


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Ongole: Technicians Nagamani, Swati, Hari Vasu, and about 200 different youth, most of them from rural areas of Prakasam district, now have promising careers at ‘Techbulls’, the district’s first software program arrange by an NRI techie and businessman Options firm. , N Vijay Bhaskar Reddy.

Techbulls is searching for expertise from rural areas with an purpose to offer them employment alternatives. Techbulls has up to now employed round 200 youth and plans to extend this quantity to 500 by the top of the yr.

‘Techbulls’ is an Data Know-how (IT) and IT-enabled Providers (ITES) firm with associations with a number of companies and a big consumer base in South Africa, India, USA and different international locations. The corporate has workplaces in Hyderabad, Botswana, Namibia, the US and different areas and has achieved a turnover of roughly $110 million (roughly Rs 898 crore).

Nalamalupu Anji Reddy (50) and Nalamalupu Vijaya Bhaskar Reddy (46) are brothers from Karawadi village in Ongole rural mandal. Because the eldest son of the household, Anji Reddy moved to South Africa seeking a job after finishing his research. He settled in Botswana as a profitable businessman. A number of years later, his youthful brother Vijaya Bhaskar Reddy adopted in his footsteps and joined him in Botswana after finishing his engineering diploma.

Each arrange numerous companies associated to pharma, IT and ITeS, actual property, agriculture and vitality. With the concept of ​​offering greatest profession alternatives to the youth in his dwelling district, lastly Vijaya Bhaskar Reddy has determined to begin an organization in his dwelling district.

After two years of planning, Vijaya Bhaskar Reddy began TechBulls Software program Providers Non-public Restricted (TSSPL) at ‘Gundalapalli Industrial Improvement Heart (GIGC) in Madipadu mandal, about 18 km from Ongole, with an preliminary funding of Rs 100 crore.

Tekbulls, which depicts the globally well-known Ongole bull race, was lately inaugurated by Chief Minister YS Jagan Mohan Reddy. Techbulls goals to offer round 3,000 jobs to native youth with an preliminary recruitment of 500 within the first yr. The corporate is planning to speculate Rs 1,000 crore within the subsequent 5 years. Techbulls’ can also be going to offer seed cash help with a fund of Rs 100 crore to encourage start-ups specializing in rural/agriculture points.

Techbulls- COO Sudhakar Reddy mentioned, “We’re prepared to offer monetary help of as much as Rs 20 crore this yr to deserving start-ups who’ve a very good plan.”

“Initially, we’ll rent round 500 youth and enhance the quantity based mostly on the expertise we now have acquired and new initiatives. We wished to do one thing for our native district and therefore began Techbulls. Youth specializing in fixing rural/agricultural sector points with new concepts will likely be inspired. They are going to be guided by our staff and monetary help may even be offered to them,” defined Vijay Bhaskar Reddy, President, Techbulls.



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