Kroll Expands Presence in India with Automation and Innovation Center in Hyderabad
HYDERABAD – July 26, 2022: Kroll, the leading provider of data, technology and insights related to risk, governance and growth, announced today that it’s expanding its presence in India with a new center at HITEC city in Hyderabad, India. The new Hyderabad center will focus on delivering cutting-edge technology solutions, automation and innovation with an experienced team of software engineers, technologists and business service experts in the areas of risk, governance, compliance, tax and valuations. The state-of-the-art 200-seater facility will further enable Kroll’s agile working model to deliver data-enabled solutions to clients worldwide. India is home to the third-largest Kroll team after New York and London.
Commenting on the expansion, Dave Kothari, Managing Director, Global Business Solutions, Kroll, said: “India has always been a vital component in the company’s global growth strategy, and our new office in Hyderabad is testament to our faith in the India team’s capabilities. We are currently almost 900 people in India and will expand to 1400 by 2023. We continue to make significant investments in tech-enabled growth to transform processes, improve efficiency and maximize turnaround times.
Kroll, formerly known as Duff & Phelps, entered the Indian market with the acquisition of American Appraisal in 2015. In 2021, the company announced plans to transition the company name to Kroll. This rebrand was completed earlier this year. Recently, Kroll acquired Resolver, a leader in Risk Intelligence Technology, which also has operations in India. Kroll provides valuations and fairness opinions and conducts forensic and fraud investigations in India and serves some of the country’s largest companies across IT and IT-enabled services, retail, energy, health care, manufacturing and financial services, among others. In India, Kroll Advisory Private Limited (formerly known as Duff & Phelps India Private Limited) is a SEBI registered Category 1 merchant banker, enabling the company to provide fairness opinions and a wider range of valuation services to listed companies.
