Vibrant Gujurat 2011: Infostretch To Invest Rs. 850 Million On Mobile Innovation
InfoStretch Corporation signed a Memorandum of Understanding (MoU) with Government of Gujarat at Vibrant Gujarat Summit on Wednesday to scale up its operations and services in APAC Region.
- (1888PressRelease) January 18, 2011 - Infostretch has signed an MoU with Government of Gujarat to scale up its operations and services in APAC Region
Santa Clara, 12-Jan-2010 : Leader in mobile innovation, Infostretch Corporation on Wednesday announced that it will invest Rs. 850 Million to set up a mobile testing and QA center of excellence in Ahmadabad. The Silicon Valley based company expects to create more than 400 jobs over the next 3 years.
"Infostretch has signed an MoU with Government of Gujarat to scale up its operations and services in APAC Region", said Manish Mathuria, CTO and co-founder at the 5th Global Summit of Vibrant Gujarat 2011.
He added that through this investment, Infostretch will be setting up QA and Mobile Centers of
Excellence, developing an unprecedented mobile testing Infrastructure, developing talent and taking on CSR initiatives. "Beyond the hard numbers, the investment signifies InfoStretch's commitment to contribute to the development of Gujarat", he said.
Since its foundation, Infostretch has experienced a tremendous growth; growing over 200% every year. The company is among the 20 fastest growing technology companies in Silicon Valley, California. Co-founders Rutesh Shah and Manish Mathuria saw the talent and opportunities Gujarat offered in IT, and set up its innovation centre in Ahmadabad. In a relatively short span of time, the company has added more than 150 talented engineers, and has been providing high value services to the leading organizations including Vodafone, Network 18 and Government of Gujarat. It has already tied up with EQDC for Mobile Testing and Certification activities. InfoStretch was recently adjudged as the Emerging Company of Gujarat at GESIA Awards and its innovative quality assurance platform, QMetry was named as Market Mover by research firm, Voke Inc.
"One of our goals is to take mobile revolution to every corner of India and develop an information highway that will connect people in rural parts", said Rutesh Shah, CEO of InfoStretch. "we will continue to focus on developing innovative solutions for the government sector ", he added.
InfoStretch plans to further expand its service offerings and expertise to serve the European and Australian Markets. InfoStretch's innovative Mobile offerings include Mobile Confidence Testing, Distributed Mobile VAS Testing, Perfecto Mobile Handset Cloud & Automation, App Store Certification and Multi-Platform Mobile App Solutions. InfoStretch services have been successfully leveraged by leading Carriers, OEMs, Application Development and VAS Companies. InfoStretch's QA offering include Performance Testing, ERP Testing, Embedded Software Testing, Cloud Testing, Selenium and QTP based Test Automation. InfoStretch has 300+ QA/technology experts that have served 100+ customers on 300+ projects.
About InfoStretch Corporation
InfoStretch is a leader in Mobile Application Development, Testing and Certification Services. InfoStretch also specializes in Enterprise application Testing, QA and Test Automation Services with specific emphasis on Enterprise 2.0 and Cloud Infrastructure based SaaS applications. InfoStretch delivers high-quality, reliable and cost effective services to clients throughout the US, Europe and Asia-Pacific. The company specializes in delivering outsourced business solutions that command deep technology knowledge, process, proficiency and domain expertise.
About Vibrant Gujarat
Vibrant Gujarat is a biennial Global Investors' Summit held by the Government of Gujarat in Gujarat, India. The event is aimed at bringing together business leaders, investors, corporations, thought leaders, policy and opinion makers; the summit serves as a perfect platform to understand and explore business opportunities in the State of Gujarat. On the first day of Vibrant Gujarat Summit 2011, Gujarat government signed 2,766 commercial MoUs with business houses and companies totalling an investment of about Rs 15 lakh crore (USD 333 Bn).
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