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Tredence bets big on India market, eyes 1,500 hires in 18 months

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 Sumit Mehra, Co-founder & Chief Technology Officer, Tredence
| Photo Credit:
Christophe Testi

Tredence, a global data science and AI solutions company, is ramping up its India expansion plans, with the company looking to grow both its domestic market presence and workforce.

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“We have 4,200 employees globally, of which roughly 3,500 are in India. We are looking at significant growth here. We’re looking at actually expanding our employee footprint in India, primarily through campus. I expect another 1,500 people to be added in the next 18 months,” shared Sumit Mehra, Co-founder & Chief Technology Officer, Tredence.

The company began its India journey in Bengaluru and has steadily expanded its footprint since then. In January, it inaugurated a new office in Kolkata, followed by the launch of a delivery and innovation centre in Hyderabad in February. It is also planning to expand into Gujarat soon.

At the same time, the company is setting up offices in tier-two and tier-three cities to tap into emerging talent pools. Alongside its India expansion, it is also looking to strengthen its global footprint.

“The expansion of our delivery centres is not limited to India. We are looking at establishing delivery centers in Latin America, Europe, and Eastern Europe. The goal is a tuck-in M&A that gives us a foothold in these geographies. These acquisitions would be primarily focused towards delivering value to our near-shore customers in Europe and North America, and also opening up new lines of business like platform engineering,” Mehra noted.

Mehra said the company’s M&A strategy is focused on filling capability gaps in areas where it sees strong market potential but lacks a meaningful presence. Last year, Tredence acquired Further Advisory, a management consulting firm focused on the Banking, Financial Services and Insurance (BFSI) sector, to strengthen its advisory practice and expand its presence in the industry.

Going forward, the company is looking to strengthen its capabilities in the healthcare, life sciences, and telecom-media-tech verticals through acquisitions.

“These are two industries in which we have a small presence. So, we intend to grow through acquisitions. The goal is not revenue-oriented but to get capabilities, people, and customers,” the CTO highlighted. “Going forward, we’ll look at acquiring business lines we want to expand into.”

North America is Tredence’s largest market, while Europe is growing faster than the company overall. It also has a presence in the Middle East.

While India has largely served as a delivery centre so far, Tredence is now focusing on the domestic market, particularly GCCs and Indian enterprises. Mehra said 2026 will be a key year for its India market strategy, with the company aiming to build a sizable presence in the country by 2027.

Tredence has grown from $32 million in revenue in 2021 and is targeting more than $325 million this year, marking nearly 10x growth in about five years.

“We’re looking at 40-50 per cent growth year over year. We’ve grown 10x in revenue, 6x in profitability, and about 8x in employee base. These were the last five years when the demand was mostly in analytics and cloud-based analytics. With AI coming in, we expect faster growth,” he said.

Published on May 13, 2026

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