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Business EconomyPosted at: Jan 10 2025 9:22PM


Netherlands-based Ariqt launches Global Innovation Hub

Hyderabad, Jan 10 (UNI) Ariqt, a Netherlands-based developer-first company, on Friday announced the launch of its Global Innovation Hub in Hyderabad, marking the beginning of its operations in India.
The state-of-the-art facility at Auro Galaxy was inaugurated by Telangana IT Minister D. Sridhar Babu in the presence of Ariqt CEO Rupesh Kumar, Telangana Government IT Advisor Sai Krishna and Telangana State ITEC Chief Strategy Officer Sreekant Lanka.
The Global Innovation Hub, starting with a headcount of over 300 engineering professionals in the next two years, highlights Ariqt’s trust in Hyderabad’s dynamic ecosystem and skilled talent pool..
Speaking at the inauguration, Sridhar Babu emphasized Telangana’s standing as a global destination for innovation and its commitment to making Hyderabad the world’s best city for technology and entrepreneurship.
He stated, “Over the past two decades, the state has leveraged IT to drive unparalleled economic growth, with its GDP and per capita income consistently outperforming the national average. With over 6,000 startups, 1,500 mid-tier and small software companies, and $30 billion in IT exports, Telangana is rapidly becoming a global hub for innovation”.
The small and medium-sized enterprise GCCs are not just the backbone of our economy but are also key enablers of growth, job creation, and the development of fresh talent, he said.
The rise of innovation hubs like Ariqt’s Global Innovation Hub highlights our state's role in fostering a collaborative environment that nurtures both established enterprises and emerging startups, he said.
Ariqt’s decision to launch its operations here is a clear testament to the strength of our ecosystem and our vision to make Telangana the leading global destination for enterprises to innovate, grow, and scale. The IT Minister added.
Ariqt, headquartered in the Netherlands, is known for its cutting-edge AI solutions, addressing challenges across industries such as Fintech, Agriculture, Sports, Cybersecurity, Travel, and Supply Chain.
Its Global Innovation Hub in Hyderabad will serve as the core for research, development, and AI-driven advancements, creating impactful solutions for businesses worldwide.
Speaking on the occasion, Rupesh Kumar while expressing gratitude to the Telangana government for its support and highlighting the company’s vision for the future, said “The launch of our Global Innovation Hub in Hyderabad is a major milestone for Ariqt”.
Hyderabad’s thriving ecosystem, supported by the government’s visionary leadership, provides the perfect foundation for us to innovate, grow, and create meaningful impact. We are excited to build a future of possibilities here,” he added.
Ariqt’s investment in the city signals its confidence in the region’s ability to foster ground-breaking advancements and drive transformative change on a global scale.
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