Summary:

Databricks, a prominent AI and data firm, has announced a strategic investment of Rs. 2,133 crore (US$ 250 million) in India over the next three years, focusing on boosting innovation, R&D, training, and go-to-market operations. The firm, valued at Rs. 5,29,170 crore (US$ 62 billion), plans to increase its Indian workforce by 50%, aiming for 750 employees by FY26. It has also opened a new R&D office in Bengaluru to strengthen its footprint.

India is a critical growth market for Databricks, with major organizations like CommerceIQ, HDFC Bank, and Swiggy utilizing its Data Intelligence Platform. The new Bengaluru R&D hub, part of its global research network, will be central to the company's mission. The Bengaluru team has grown to over 100 engineers, with plans to hire 100 more. Databricks has also launched the India Data + AI Academy to train 5,00,000 professionals in advanced AI skills.

Source: IBEF

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