Clearwater Analytics to invest $25 million in India over next three years, says CEO Sandeep Sahai

Clearwater Analytics, a fintech Software-as-a-Service (SaaS) company that provides automated investment accounting and risk reporting, has entered India and will invest $25 million over next three years, a top official said.

This US-headquartered private owned company plans to invest the amount in National Capital Region (NCR) and by March 2020 bring on board about 200 professionals, majority of high-end tech developers, it’s Chief Executive Officer Sandeep Sahai said.

“We just opened in India (in NCR). We have 45 people right now in India. We hope to have 90 in next 35 days. And 200 people (all lateral hires) by March 2020”, Sahai told BusinessLine here.