Chennai-based Prodapt To Invest $7 Mn For Panama Ops
Chennai- based connectivity provider Prodapt on Saturday notified its international business expansion with a USD seven million investment in the transcontinental country, Panama.
The company’s operations in Panama began with a six-seater setup and has developed over the last two years with 200 technology and domain experts offering critical delivery and troubleshooting services to strategic customers in the connectedness domain, including some of the largest communications service providers in America.
According to the company, the investment is likely to generate more employment this year with approximately 500 technology jobs in areas such as cloud computing, artificial intelligence, and technical support.
Considering the unique nearshoring advantage offered by Panama, Harsha Kumar, CEO of Prodapt said, “Our company is the first Indian-headquartered technology services and consulting firm to set up operations in Panama. By leveraging the skilled workforce and conducive business environment in the country, we have scaled its operations several times over the last two years”.
Prodapt is the fastest-growing specialised player in the connectedness industry focused on the domain and has deep expertise in transformative technologies connecting the world.
