Hyderabad, April 16 -- Candescent, a leading intelligent digital banking platform in the United States, on Thursday announced the launch of a new technology centre in Hyderabad, reinforcing India's role as a core engineering and innovation hub for its global operations.
The new facility, spread across 30,000 sq. ft, is at Raheja Mindspace IT Park in Madhapur.
The company continues to operate from its existing Hyderabad office, which will remain active through 2027, with teams working across both locations, the company said in a release here.
Chief Operating Officer John Garvey said India plays a "foundational role" in the company's operations, with nearly 75 per cent of its workforce focused on engineering.
He noted that teams in Hydera...