Equiti opens Bangalore technology hub for global growth

Equiti has opened a technology hub in Bangalore to support the group's global technology operations.

The new India Technology Hub will focus on engineering, data, artificial intelligence, cybersecurity and cloud services. It forms part of a broader investment in Equiti's international technology strategy and will support product development for clients in multiple markets.

The move gives the Dubai-based financial technology group a base in one of India's largest technology centres. Bangalore has long attracted global companies seeking software engineers, data specialists and research links. Equiti said the city's talent pool was a key factor in the decision.

The hub is also expected to create local jobs for both experienced hires and newer entrants to the industry. Equiti did not disclose the size of the investment or how many roles it expects to add.

The expansion adds to a business that operates across Africa, Asia, Europe and the Middle East. Equiti is licensed in jurisdictions including the UK, the UAE and Cyprus, and offers products spanning trading technology, payments software, virtual assets, asset management and physical commodities.

Talent focus

Equiti linked the Bangalore opening to its efforts to deepen technology development between the UAE and India. The hub will contribute to work on client platforms as well as internal technology functions related to data and security.

The choice of Bangalore also reflects the city's role as a regional base for global software development. Large financial groups and technology companies have expanded there in recent years, drawn by engineering talent and a large start-up network.

"At Equiti, we see Bangalore not only as a centre for innovation, but as a community where we can contribute to the development of future talent. Bangalore played an important role in my early training and professional development, and I want to give back to the city that helped shape my journey. I have witnessed the strength of talent here firsthand, and through this hub, we want to create meaningful opportunities for engineers, data scientists and technology leaders who will help shape the future of financial services," said Sartaj Singh, Chief Technology Officer, Equiti Group.

Singh's comments point to a dual aim for the new operation: expanding Equiti's technical resources while building a longer-term recruitment base in India. Financial services companies have increasingly relied on Indian technology centres for software design, cyber defence and data analysis, especially as artificial intelligence tools become more embedded in core operations.

Global roadmap

The Bangalore site will also play a role in Equiti's global technology roadmap. This includes support for systems used across client-facing platforms and the infrastructure needed to manage data, cloud services and security requirements.

Equiti described the hub as part of a technology-led growth push linking its UAE base with India. While it did not provide financial targets for the expansion, it said the new operation is intended to deepen engineering capacity and support the delivery of financial products to customers worldwide.

Industry groups have been increasing investment in India for similar reasons. Beyond labour costs, firms have cited access to specialist talent in machine learning, software architecture and cloud operations, as well as the scale to build teams that can support round-the-clock global businesses.

Equiti's business mix means the Bangalore team is likely to support a range of systems rather than a single product line. The group's activities include trading technology, payments software, virtual assets, asset management and commodity-related services, all of which typically depend on strong internal controls and reliable digital infrastructure.

A second executive also highlighted the hub's broad remit.

"Bangalore gives us access to one of the strongest technology talent pools in the world. Our ambition is to build a high-performing engineering organisation that can solve complex challenges at global scale, while creating high-quality jobs and long-term career opportunities in India. The India Technology Hub will play a critical role in supporting Equiti's innovation across client platforms, AI, data, cybersecurity and cloud technologies," said Akshit Jain, Managing Director, India & Group Head of Development, Client Platforms, at Equiti.