Clovertex, a specialist in scientific cloud computing for the Life Sciences industry plans to expand its Global Capabilities Centre (GCC) in Hyderabad to not only support its global customers but also customers within pan-India.
The announcement was made after the meeting between the Clovertex management team, led by Mr. Kshitij Kumar, Clovertex Founder and Chief Executive Officer and Minister for IT, Industries and Municipal Administration of Telangana KT Rama Rao.
Mr. Jayesh Ranjan IAS, Principal Secretary, Industries and Commerce Dept.; Mr. Shakthi M Nagappan, Director Lifesciences; Mr. Sandeep Sharma, Founder & CEO of Summit Consulting Services were also in attendance.
“I am delighted to know that Clovertex decided to establish its India center in Hyderabad. This will be their first center outside of their Headquarters in Boston, USA and they will be investing around INR 100 crores over the years and hire 100-150 employees to begin with” said K.T Rama Rao, the minister for IT, industries and municipal administration of Telangana. “Clovertex aims to do advanced bioinformatics and big data analytics work from their Hyderabad center. The Lifesciences and Pharmaceutical sector is increasingly adapting to digitalization across all functions and with Hyderabad emerging as the “Health-Tech Mecca” of the world, we are continuing to witness large number of companies choosing to establish their presence here.”
Clovertex, founded in 2019, provides services and solutions that allow scientists to focus on science and accelerate drug discovery and approval times. At the intersection of science and technology, Clovertex specializes in architecting, building, automating, and managing high-performance applications, scientific workflows and clinical data solutions using cloud computing technologies.
“Today it typically takes 10 years for a drug to come to market. Clovertex’s mission is to reduce the drug discovery time and help save lives. We are not research scientists but our IT engineers with pharma background make this mission a reality. I am very proud to say that our solutions were part of the COVID drug discovery, and we provide services to some of the world’s largest life sciences companies whose missions align to ours – save lives.” says Kshitij Kumar, Founder and CEO of Clovertex. Further Kshitij says “We really appreciate the support provided by the Government of Telangana. Hyderabad provides Clovertex not only the right talent and world class facilities but access to local and global life sciences companies”.
Clovertex has partnered with Summit Consulting Services to expand and manage the Global Capabilities Centre. Commenting on the partnership, founder and CEO, Sandeep Sharma said, “We are proud to associate with Kshitij and the Clovertex team in making their GCC as a world class center delivering value and central to technology innovation and growth”.