IT firm Niveus Solutions to expand into Southeast Asia

Pune: Niveus Solutions is expanding to Southeast Asia, starting with operations in Singapore and followed by Indonesia.

“After this, we will look at other countries like Vietnam and Malaysia, but that would be later this year,” said Suyog Shetty, chief executive officer of the Udupi-headquartered IT services firm. According to Niveus, its international operations are expected to contribute 5-10% to overall revenue in 2021.

The company also intends to increase its presence in other Indian cities, namely Mangalore, Bengaluru, Delhi, and Mumbai, and will soon begin hiring across multiple locations.