The Fintech Valley of Visakhapatnam already attracted India’s largest GIC consulting firm; Lalith Ahuja’s ANSR Consulting is to set up a branch in Fintech Valley with an investment of Rs.1000 crore and is estimated to create around 10,000 jobs over a period of 6 years.
Thomson Reuters, in the two day conference on Blockchain Technology, announced their two information technology projects in Visakhapatnam. One, being the set up of an innovation app in Gitam University and the second being the Digital Content Exchange under the e-Pragathi scheme.
Google X, a semi secret research and development facility, is to set up its Development Centre in Visakhapatnam. A Memorandum of Understanding (MoU) has been signed by the Government of Andhra Pradesh and Google X in San Francisco.