AI-led Tech Firm Ariqt Opens Innovation Hub in Hyderabad, to Hire 300 Engineers

3 months ago 27
  • Published on January 13, 2025
  • In AI News

The facility will lead advancements across sectors, including fintech, agriculture, sports, cybersecurity, travel, and supply chain.

AI technology innovator Ariqt

Netherlands-based AI technology innovator Ariqt has entered India with the launch of its global innovation hub (GIH) in Hyderabad. This move marks the first phase of the company’s expansion plan, which includes hiring over 300 engineering professionals within the next two years. The Hyderabad centre will serve as the hub of Ariqt’s research, development, and AI-driven innovations.

The facility will lead advancements across sectors, including fintech, agriculture, sports, cybersecurity, travel, and supply chain. This highlights Ariqt’s commitment to diverse industry solutions.

During the opening, Telangana’s IT and industries minister Sridhar Babu Duddilla highlighted the state’s rapidly growing status as a global innovation hub, citing its impressive ecosystem of over 6,000 startups, 1,500 mid-tier software companies and $30 billion in IT exports. 

He emphasised that Hyderabad is not only a “tech city” but also a thriving “talent city” and “innovation city”, equipped with world-class infrastructure, a skilled workforce, and an ideal environment for industries like IT, pharma, biotech, and deep tech.

Duddilla further recognised the importance of small and mid-sized enterprise GCCs as vital contributors to the economy, which drives growth, job creation, and fresh talent development. He stressed that innovation hubs like Ariqt’s are a clear reflection of Telangana’s thriving ecosystem. This reinforces the state’s ambition to become the top global destination for enterprise innovation.

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Vidyashree Srinivas

Vidyashree is enthusiastic about investigative journalism. Now trying to explore how AI solves for all.

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