Genovate Solutions which is already in Cochin plans to invest around $3-5 million to open eight new centres.

IT and training solutions company, Genovate Solutions, plans to invest around $3-5 million to open eight new centres across the country within the next 12 months, a top company official said.

"We will be investing $3-5 million for opening eight new centres in various parts of the country," Genovate Group's CEO J Anton Ravindran told PTI on the sidelines of a conference here today.

The company, in the last 12 months, had invested a similar amount in infrastructure upgradation and renovation of its existing centres.
Genovate, currently operates in Mumbai, Cochin, Trichy, Ahmedabad, Pune, Lucknow, Mangalore, Baroda, Hyderabad and Bangalore.

Out of the eight centres, two centres would be opened in the next three months in Lucknow and Thane, he said. "The remaining would be set up by April next year".

The company has not yet decided the cities where it would be opening its other six centres but would target the northern part of the country, he added.
Business Standard