FORSYS Inc opens new office in financial district

Hyderabad, March 1st, 2024….. Forsys Inc, a California based IT company, globally recognised Quote-to-Cash (Q2C) transformation leader offering end-to-end technology consulting and services opened its new office 21000 sft with seating capacity of 400 resources, environmentally aligned and with exquisite designing in 5th Floor, Phoenix Aquila, Tower B, Financial District, Nanakramguda, in the most happening Gachibowli in Hyderabad. The facility is set up at an investment of US $ 2 million.

Shri D. Sridhar Babu, Hon’ble Minister of IT, Govt of Telangana; Ms. Jennifer Larson, Consulareneral, US Consulate General, Hyderabad inaugurated the new facility.

Mr. Srinivasa Raju,
Chairman of iLabs Group; Dr Gopichand Mannam
Cardiothoracic Surgeon and MD of Star Hospitals and other graced the inaugural

Speaking on the occasion D. Sridhar Babu said Telangana Government is committed to attract investments in the state to create employment opportunities.

The IT Minister congratulated J P Vejendla and his team and hoped that they will contribute in developing Hyderabad another Silicon Valley with their experience, expertise. JP Vejendla successfully steered Forsys towards excellence, he added.

He also suggested that private firms and government must come together work on collaborative endeavours for social and economic development of the region, the minister said Jennifer Larson, Consul General of the US Consulate who also graced inaugural function said India and the USA have developed into strong bilateral friendship based on shared democratic values. There are many areas of cooperation. India is doing well in IT and ITes services she added.

Mr. Srinivasa Raju, Chairman of iLabs Group said that he spent early career in IT before moving into investments. You
know J P Vejendla, just just a founder of Forsys, but he is a serial Entrepreneur with several credentials and a name to reckon in IT industry in Silicon Valley and founder of many companies and made them very successful. Knowing him well, I may not be surprised if he turns this into another billion US dollars company very soon.

We will certainly contribute to the vision of the IT Minister D Sridhar Babu in his efforts in making Hyderabad another Silicon Valley said JP Vejendla and thanked IT minister for inaugurating the new facility.

Forsys excels in providing Lead to Revenue services specializing in sectors like High-Tech, Manufacturing, Healthcare, Retail, and BFSI with all-inclusive cloud-based solutions. It has a strategic partnerships with Salesforce, Conga, Oracle, and NetSuite. It has Global reach serving 100 prestigious customers. Currently it has a team of 200 professionals.