hCentive has opened its new R&D center that can accommodate around 650 employees at Noida.
Sanjay Singh, CEO, hCentive, said, "The new R&D centre is a testimony to the outstanding growth we have seen since we started the company. We have a significant R&D presence in India and our expansion will generate immense job opportunities. This expansion brings great pleasure to us. We are working diligently to continuously enhance our products and solutions to meet the current and future needs of the healthcare insurance market.
According to the company, it has made a substantial number of hires in the past six months and is planning to hire another 150 in the coming six months. The company has gained nearly 333- per cent revenue increase in 2011-12. To maintain this momentum, hCentive plans to invest Rs.500 crore in talent acquisition and infrastructure development in India over the next five years.
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