August 24, 2022
1 min read

US firm BlackLine opens India Development Centre

The initial focus of the IDC will be on R&D and cloud operations, including new engineering teams building advanced services…reports Asian Lite News

US-based Cloud software provider BlackLine on Wednesday announced the opening of India Development Centre (IDC) here that would expand accounting automation software leader’s research and development (R&D) capabilities and drive innovation for global customers.

The innovation hub is expected to accommodate several hundred employees by the end of 2024.

The initial focus of the IDC will be on R&D and cloud operations, including new engineering teams building advanced services for its market-leading accounting automation platform.

In addition, the company said that teams will be established to achieve enhanced cloud operations and engineering support.

“Over the next two years, we plan to build out teams across a range of areas, including product management, design, engineering, architecture, and program management,” said Raghu Dwarakanath, managing director of BlackLine’s IDC.

“These teams will have the opportunity to help solve some of the biggest problems facing Finance and Accounting, by advancing best-in-class cloud software that is used by some of the largest and most successful companies in the world,” Dwarakanath added.

The new location will also allow BlackLine to leverage Bengaluru’s well-established technology ecosystem to explore future innovation partnerships that could benefit customers worldwide.

BlackLine’s cloud-based financial operations management platform and market-leading customer service help companies move to modern accounting by unifying their data and processes, automating repetitive work and driving accountability through visibility.

More than 4,000 customers now use BlackLine’s services and solutions.

ALSO READ: India’s raise in fintech sector global funding  

Previous Story

How China preserved India’s cultural brilliance

Next Story

‘India application software spending to grow 15%’

Latest from Business

Recovery From Realty Stress Rises

Crisil expects residential demand in these markets to grow by 7–9 per cent in FY26, offering critical support to projects now being revived through restructuring Asset Reconstruction Companies (ARCs) are expected to

India’s Millionaire Wealth Surges

Strong equity markets and investor optimism around artificial intelligence (AI) played key roles in bosting returns and overall wealth creation India recorded a robust 8.8 per cent rise in high-net-worth individual (HNWI)

IMEC Touted as Game-Changer for India’s Growth

The event brought together experts from the governments, academia, industry and private businesses across the globe…reports Asian Lite News The India-Middle East-Europe Economic Corridor (IMEC) has the potential to be a “game-changer”
Go toTop

Don't Miss

Biden ratifies Finland, Sweden NATO membership bids

Washington said the US is the 23rd of the 30

Biden signs bill to ban imports from China’s Xinjiang into law

The legislation targets goods, wares, articles, and merchandise imported directly