Thinksoft Global Service has acquired its own modern facility in Chennai on the old Mahabalipuram Road (OMR), the main IT corridor in Chennai. The facility can accommodate 450 personnel and has a super built up area of a little over 38,000 square feet. The office space is expected to be ready for the occupation after the interiors and fit-outs are done by the end of this calendar year.
With this addition, the company will now have a second delivery centre in Chennai, on an ownership basis, the other being its centre at MEPZ, Tambaram, with a combined capacity to accommodate more than 700 employees. The total cost of the facility including interiors will be around Rs 24 crore, which will be partly funded through term loan, from banks to the extent of Rs 15 crore, while the balance will be met out of the internal accruals of the company.
Thinksoft Global is a specialist in financial software testing with over 14 million person hour track record for global 500 financial and insurance organization in USA, UK, Europe, India and Asia-pacific.
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