Information Technology

IT / ITES / FinTech

IT/ITES/FinTech Companies in Vizag Smart City registered a turnover of ₹ 2000 crore approximately during the Financial Year 2015-16. We should try to achieve a turnover of ₹ 20000 crore and also to increase the number of IT employees from the present 19000 to 1 lakh by the end of Fiscal Year 2021-22.


Tech Mahindra







Sunrise Incubation Tower

FinTech Tower

Brand Vizag IT Hub - IT Sector needs further push in Vizag Smart City - The city which registered increase in IT/ITES/FinTech turnover from ₹ 1800 crores to Rs. 2000 crores during the financial year 2015-16 needs further push to increase the turnover to ₹ 20000 crore by 2021 - 22 FY. Visakhapatnam has prominent IT players such as Wipro, Tech Mahindra, HSBC, Concentrix, IBM and Cyient.

Development of Mega IT hub at Madhurawada IT Park Hill No. 1 & IT SEZ Hill nos. 2 & 3 and Non IT SEZ part of Hill No.2 by providing infrastructure facilities like Roads, Lighting, Water, Public Transportation, Restaurants, Broadband connectivity and mobile technologies, Innovation, Entrepreneurship, startups and online digital courses etc.

Visakhapatnam is well positioned to boost growth in the IT/ITES sector in the state of Andhra Pradesh. Also key challenge is Social infrastructure, largely to do with good international Schools for children of IT employees, world class Health care services, Transportation facilities and Social / Night life like Pubs, 24/7 Restaurants & Bars, Casinos.

Visakhapatnam city is having good reputed International Schools, Colleges, Universities, Super speciality Hospitals, BRTS roads and also Metro rail project is under proposal, one of the metro corridor is Madhurawada (which is very nearer to IT SEZ) to Gajuwaka. The city has beautiful beaches, lush-green hills and engineering and management colleges producing a large pool of talented manpower to meet all the requirements to attract investments. National & International Air connectivity, Rail connectivity to major cities in India, Housing apartments, Gated communities, Villas, long Sea Coast from Coastal Battery to Bheemili, Tourist places, good Hotels.

'BRAND VIZAG IT' image is required to attract the following major IT Companies in the World, to set up their offices in Vizag;

  • Microsoft
  • Google
  • Oracle
  • TCS
  • Infosys
  • HCL Technologies
  • Amadeus IT holdings
  • CA Technologies
  • Intuit Inc
  • Adobe Systems
  • Symantec
  • VMware Inc
  • HP
  • Dell
  • Accenture
  • SAP AG
  • CapGemini
  • Cisco
  • Cognizant Technology

IT / ITES / FinTech Companies

Company's Name

Tel / Mob

Email / Website

Acclaris Business Solutions +91-891-2787323 Mob: +91-8773332020
ACN Infotech (India) Private Limited +91-891-2541522, 3253095
Amzur Technologies (I) Private Limited +91-891-6451882
BlueFrog Mobile Technologies private limited +91-891-3293209
Cambridge Systems (India) Pvt.Ltd. +91-891-2755414 / 2749334
CyberCubes Mob# : 9100739554, 8686207676
Cyient Limited +91-891-6693100
Concentrix Daksh Services Pvt.Ltd.
Corporate learning +91-9000588800
Clove Technologies.
Datasoft Comnet +91 891 2726942
Deegit +91 891
e-Centric Solutions Pvt.Ltd. +91-891-6464575
Evolutyz +91-891-
Fabit Corp. +91- 7993408147,
Finer Aspects Digi Pvt.Ltd. +91-9642242244
Forty Two Labs
Fulcrum Global Technologies Pvt.Ltd. +91-891-2595919,18,17
F9 Info Technologies (P) Ltd. +91 - 9963556668,
GMS Solutions
Govin Capital Pte Ltd - Startup Accelerator India 097036 51416
Hypergrowth Solutions
HSBC Group Service Center
Icentris Software Development Private Limited +91-891-2555514,
IIC Technologies
IndiGenius +91-891-2782221
Influx Technologies (P) Ltd +91-9849149293
Inspiredge IT solutions Pvt.Ltd. +91-8688888458
Jurant Technologies +91-891-6560159, +91-7799312343,
Kairos Technologies
Manuh Technologies +91-891-6050808
Maple Software Pvt.Ltd. +91-891-6539231
Milon Studios
Miracle Software Systems Inc - Miracle Heights +91-891-6696634
MOURI Tech (P) Ltd +91-891-6676601
Neha Technologies
Network Objects,
Nimaisoft Systems Pvt.Ltd. +91-891-2769555
Nord Sinew Tech Pvt.Ltd. +91-891-2703701
NuNet Technologies +91-891-2529052
OpenLogix Software Solutions Pvt Ltd. +91-9618321149
Patra India BPO services +91-7702955914
Pena4 Tech Solutions India Private Limited +91-891-2513831/2513841
Phoenix IT Solutions Ltd. +91-891-2500000 / 6600999
Pinion Services
Pometek System Solutions Private Limited /
Precistat IT solutions +91-891-2536988
Primus Global Technologies +91-891-6676500 &
Prospecta Technologies India Pvt.Ltd. +91-891-2507335
Quality Data mill +91-891-6666676
Quant systems India Pvt.Ltd. +91-891-2537099/2537100
Rise Corp +91-891-
Samudra software +91-891-2705440
Sankya Technologies Pvt.Ltd. +91-891-6462663
SPVBS Technologies Pvt. Ltd. +91-891-2558109 Website:
Symbiosys Technologies
Synectic Infotech +91-891-2748650 9848196092
Tech Mahindra Ltd. +91-891-6624343
Tech Tammina +91-891-2555200
The Corporate World
Thoughtwave Soft
Transaction Analysts
21st Century Software Solutions Pvt.Ltd. +91-891-2728543,
Vega Prosys +91-891-2782776
Vensi Streamlined Solutions
Venture Offshore Infomatrix Pvt.Ltd.
Vismaya Premedia Services Private Limited +91-9912466661
Wipro Limited +91-891-3043333
WNS +91-9059673388
Xpertech +91-891-6588122
Xinthe Technologies Pvt.Ltd +91-891-2767872


28.03.2017 : Forty Two Labs, founded by a group of entrepreneurs from Israel and India with rich experience in the field of IT, has launched operations of the first-of-its-kind global cyber security research centre set up by it here. The R&D lab, specialising in next generation technologies to check cyber crimes following the increase in demand for digital transactions, will be located at the Sunrise Incubation Hub in the Madhurawada IT Special Economic Zone. With Visakhapatnam being developed as a FinTech Valley, it will also take up research projects in the sector. The MoU for the prestigious project was signed with the State government in October 2016. AP Electronics and IT Agency (APEITA), an autonomous body set up by the government to promote investments in electronics and IT, is closely associated with the project. According to indications, the project is located in Visakhapatnam keeping in view the strategic location of the city and its neighbourhood.

25.03.2017 : IT,E&C Dept of Govt.of Andhra Pradesh has issued a GO RT.No. 19 Dated: 20-03-2017 regarding sanction and release of Rs. 24,60,00,000/- for releasing payment to Andhra Pradesh Industrial Infrastructure Corporation Ltd (APIIC Ltd) to take up the development of Infrastructure in IT layout Phase along with provision of external and internal infrastructure facilities like improvements to approach roads, provision of drinking water etc.

25.02.2017 : Multinationals, Thomson Reuters and Visa, will launch their operations at the FinTech Tower in the Madhurawada IT Special Economic Zone next month, giving a big push to efforts to transform Visakhapatnam into a prominent financial technology hub. J.A. Chowdary, Special Chief Secretary and IT Adviser to Chief Minister, who was here to attend a conference on Digital India, told The Hindu on Saturday that space was being allotted to the two leading firms at the FinTech Tower. The State government signed MoUs with Thomson Reuters and Visa in Mumbai recently in the presence of Chief Minister N. Chandrababu Naidu.

CM, Mr. Chandrababu Naidu inaugurated the Fintech Tower at Hill No.2, IT SEZ Madhurawada on 17.12.2016.

The FinTech Tower is having a built-up space of about one Lakh square feet. This gigantic construction is going to host firms like Paytm, GMS solutions, Block Trust etc. The FinTech tower is going to provide employment to a good number of people.

Allotment of space in the first floor is over. In two more floors, interior work will be made as per the requirement of companies starting operations along with co-working space for startups. The startups that have been allotted space include Paytm, which will create jobs for 200 people, and Block Trust, GMS Solutions, Knolskape, and Transaction Analysts - each providing 15 to 20 jobs.

23.12.2016 : State takes new Tech Mahindra building on lease. The new building of Tech Mahindra has been taken on lease by the AP Electronics and IT Agency (APEITA), an autonomous society under the Government of Andhra Pradesh, for allotment of space with plug-and-play facilities to IT companies. Of the 11-floor building (including parking space in the basement) located in the heart of the city, ground-plus-four floors are ready for allotment. Once the total facility is refurbished with the required facilities, it can provide seating capacity for 2,200 employees.

21.10.2016 : Chief Minister N. Chandrababu Naidu on Thursday said 40 IT companies being established by USA-based NRIs in the city would provide jobs to 2,000 local youth. Speaking at a meeting here organised by AP Non-Resident Telugu Society in connection with launching of work by four IT companies from the USA with employment to 300 locals, he said he was building a comprehensive ecosystem to transform Vizag into a prominent IT hub. He said Visakhapatnam had huge potential for employment in big data, cloud computing, data analytics and startups. Innovation and creative ideas would convert the startups into successful business ventures.

Oracle India officials have shown interest in acquiring a suitable site to set up a development centre on the beachfront.

Global networking major Cisco, which will become a key partner to develop Vizag as a smart city, is expected to seek a site for opening its campus.

The Incubation Park at Rushikonda would be expanded from 17,500 sft to 50,000 sft by December, 2016 to put the city on global startup map.

To spread sunrise civilisation-based Sunrise State, the USP of Navya AP, it has been proposed to develop Signature Campuses.

The headquarters of Electronics and IT Agency will also be located in the city.

Wipro has already obtained permission to expand at its existing campus with SEZ status.

Tech Mahindra has acquired 10 acres at Rushikonda to develop its second campus.

Out of 50,000 sft space in the Vizag Incubator Tower at Madhurawada IT SEZ, Mob Mee has taken up 15,000 sft while Govind Capital, Singapore based pilot incubator acquired 2,500 sft and has now six start-ups working in the facility. The Vizag facility is named as Technology, Research and Innovation Park.

Concentrix plans to double its workforce. Concentrix Corporation, which opened its second facility in Visakhapatnam will double its workforce by creating 1000 new jobs in business process management (BPM).

Brand Vizag will get a shot in the arm with the State government allotting two acres at sea-facing Rushikonda here to Massachusetts Institute of Technology to set up a Super Fab Lab. Land allotted to Massachusetts Institute of Technology (MIT) to set up a Super Fab Lab with a promise that it will generate employment opportunities to locals. Fab labs are set up as part of outreach component of MIT. A technical prototype platform to encourage budding entrepreneurs. Offers a wide array of digital fabrication. Work on the project to start in a couple of months. 40 firms from US evince interest in locating their units in Vizag Smart City.

100 small, medium and large enterprises based in the city, out of them 80 per cent are in business process management (BPM) and knowledge process management (KPM) activity. Major players include Wipro, Tech Mahindra and IBM in software development field and HSBC, Patra, Concentrix and WNS are in KPM.

Projects Under Construction

Millennium Tower at Madhurawada IT SEZ Hill No.3

16.02.2017 - Work is under progress - Millennium Tower to be ready by October, 2017. It will have 2,00,000 sq.ft. of built-up space for allotment to plug-and-play operators. Cyclone-resistant Internet of Things-enabled Millennium Tower, work on which is progressing at a brisk place at the sea-facing Rushikonda hills, will become an iconic superstructure and showcase Visakhapatnam as the IT capital of 'Navya Andhra Pradesh.'

Being executed by the AP Industrial Infrastructure Corporation (APIIC) and funded by the Information and Communication Technology Department of Andhra Pradesh, the construction of the building will be completed by September. Excluding cost for the four acres on which it is coming up, Rs. 180 crore is being spent on construction.

"Work on construction is progressing in a fast-tract mode and we are confident of making it a landmark to promote IT in Visakhapatnam with focus on start-ups and companies specialising in financial technologies and new-age technologies such as blockchain, IoT, cloud computing, and cyber security," V. Srinivasa Moorthy, CEO of AP Electronics and IT Agency (APEITA) told. The APEITA is an autonomous agency promoted by the government with its headquarters at the Cyber Valley, Rushikonda.

The Millennium Tower will have 2,00,000 sq.ft. of built-up space for allotment to plug-and-play operators. In addition, it will have 1,50,000 sq.ft. of space for parking. Under the ambitious project located close to the Sunrise Incubation Hub, two towers will come up. The first is expected to be completed by June/July.

22.10.2016 - Construction Work of Millennium Tower at Hill No. 3, IT SEZ, Madhurawada is going at full swing for getting ready by August 2017.

10.09.2016 - Work begins for Millennium Tower at Hill No. 3 in IT SEZ, Madhurawada. The APIIC had set a target to complete the works of the tower by August, 2017. In the first phase, around 2 lakh sft space will be available to allot for IT companies and subsequently in the next phase, another 1 lakh sft will be added to the Millennium Tower.

APIIC has invited an e-tender for the construction of Millennium Tower at Plot No. 16 & 17 (in 4 acres) at Hill No.3, IT SEZ, Madhurawada. Approximate value of the tender is 86.80 crore and the period of the work is 15 months and the last date of tender submission is 23.04.2016.

18.03.2016 : According to an IT department official, the Millenium Tower project at Hill 3 in Rushikonda will provide around 3 lakh sft to companies planning to set up offices in the Port City. "The Millenium Tower will be built on Plot No 16 and 17 of Hill 3 and it will be a government-constructed building for IT companies. This will be a permanent tower and is meant for IT companies focussing on Vizag as an IT destination," the official said, adding that the Andhra Pradesh Industrial Infrastructure Corporation (APIIC) has prepared the request for proposal from interested parties for construction of the building.

The IT Department will have five floor tower to be named Millennium Tower with three lakh sft space that will come up in a four-acre land adjacent to the Madhurawada IT SEZ Incubation Tower. The first two floors will be for start-up units and the rest of three floors will be allotted for companies.

IT Layout at Kapulauppada

18.05.2017 - Nearly two years after the proposal to develop an IT layout was mooted by the state government, development work on the first-of-its-kind IT layout in the state has started at Kapuluppada. (Source: The Times of India e-paper - visakhapatnam city dt: 18.05.2017)

Andhra Pradesh Industrial Infrastructure Corporation (APIIC) sources said the first phase of the project comprising an area of around 250 acres has been taken up for development at Kapuluppada. Sources said while the overall area earmarked for the IT cluster is around 1,350 acres, APIIC will initially focus on laying approach roads, installing streetlights and marking the plots for the integrated IT layout in order to attract tech firms to set up shop in the port city. "We are developing the Kapuluppada IT layout in a phased manner. We have started work on phase one on 250 acres. We will be laying the approach road and internal roads along with the streetlights and drains. The estimated cost is around Rs 20 crore," an APIIC official said. He said the total plotted area is around 150 acres and the remaining 100 acres will be a common green area for layiout. "We are expecting around 30 plots to be developed in the 150 acres," he said.

24.03.2017 - IT,E&C Dept of Govt.of Andhra Pradesh has issued a GO RT.No. 19 Dated: 20-03-2017 regarding sanction and release of Rs. 24,60,00,000/- for releasing payment to Andhra Pradesh Industrial Infrastructure Corporation Ltd (APIIC Ltd) to take up the development of Infrastructure in IT layout Phase along with provision of external and internal infrastructure facilities like improvements to approach roads, provision of drinking water etc.

10.09.2016 - IT Park layout okayed at Kapulauppada in Vizag. APIIC has finalised the layout pattern of the IT Park proposed at Kapulauppada. In the first phase, development will be done in 250 acres of the total 1750 acres of land available at Kapulauppada.

Andhra Pradesh Industrial Infrastructure Corporation (APIIC) invited Request for Proposal (RFP) for preparation of master plan for development of Integrated IT township at Kapulauppada - consultant to be appointed for preparation of master plan.

Society for Applied Microwave Electronics Engineering and Research (SAMEER)

The construction work on the Centre for Electromagnetic Environmental Effects (E3) being set up by Society for Applied Microwave Electronics Engineering & Research (SAMEER) has been launched at Gambheeram on 24.05.2016.

SAMEER, a Central Government Organisation is going to set up at Gambheeram near Madhurawada, in an area of 30 acres.

Union IT, Electronics and Communications Minister Ravi Shankar Prasad laid the foundation stone on 18.02.2016 for the Society for Applied Microwave Electronics Engineering and Research (SAMEER) centre to be set up at Gambheeram in Vizag Smart City in an area of 30 acres at a cost of Rs. 80 crore. It is a research institute under my ministry which undertakes high-end research in electro-magnetic interference and related areas and such research has many defence as well as civilian applications.

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