Princeton, New Jersey & Chennai, India, December 27, 2020 :Sumit Ganguli, CEO, GAVS Technologies, announced that GAVS’ primary investor Basil Partners, an independent private equity company focused on supporting growth-oriented businesses across a wide range of industries has brought in more investments into their portfolio companies by signing up with global institutional investors ‘Committed Advisors’ and ‘NewQuest Capital Partners’.
“We are extremely pleased that with the new investors coming in, GAVS Technologies will focus on strengthening operations across India and further expand our existing operations in the US, Middle East and Far East. This will help accelerate our IP development and business growth.”
“We are committed to be a company that is focused on digital transformation through AI, Predictive Analytics and Automation and create solutions that will help engender business objectives like improved time to market, reduce resource utilization. Our Zero Incident Framework TM, an AIOps Platform built on Machine Learning helps drive increase the system uptime, reduce incidents and superior user experience, thereby trend organizations to a Zero Incident Enterprise TM. We are very bullish about the adoption of digital technology in India and we want to evolve as a premier platform-based company from Chennai.” – Sumit Ganguli
GAVS has been recently mentioned by Gartner as a specialist software provider in the intelligent automation space, in their report “How to Invest in Intelligent Automation for Application Management Services”. Everest Group has recognized GAVS as a ‘Star Performer’ in their report IT Infrastructure Services Automation – Market Trends and Services PEAK Matrix™ Assessment 2018: Become AI Aware or Fall Behind’.
Partnering with the Academia – In order to address the shifting IT landscape and build a strong competency in the areas of AI, Predictive Analytics and Smart Machines, GAVS is committed to evolve as a key innovation and IP led company and believes that the linchpin to this aspiration is the strong and vibrant Industry and Academia collaboration. Sumit strongly believes that ‘India could be the next Israel’. He says “the present technological and geo-political forces that are affecting and impacting the world calls for a paradigm shift from classical Professional Services and Labour Arbitrage based engagements to Automation, Innovation and Smart Machines.
GAVS has partnered with IIT Madras’ Robert Bosch Innovation Center to work on the Machine Learning Algorithms for AI, Great Lakes Institution of Management (GLIM) & KCG College of Technology with the purpose and objective to be able to build a world-leading technology solution.
Last but not the least, our Corporate Social responsibility is very close to our hearts. We strongly believe that our social and environmental sustainability programs should partner equally with our mainstream business.
Corporate Social Responsibility – Our ethics prescribe to the philosophy ‘conscious entrepreneurship’ – ‘earn with integrity and spend with compassion’. We aim to drive change through collective efforts and we work to develop meaningful charitable partnerships and create volunteer experiences for our employees and clients. We are involved with a government school for their infrastructure development – building toilets for the girls have increased class attendance and reduced drop outs.
We have been successfully driving the GAVS Dream Runners Half Marathon (GAVS DRHM). The 2018 run had more than 4000 participants, and the proceeds from the run was used to buy prosthetics for the differently abled.
Venu Madhuri – This project was chosen with the intent to bring relief to India where the rural population increases without any proportionate increase in their income or businesses. We work with ‘Venu Madhuri Trust’ in their rural reconstruction to make rural India more self-sufficient. Our work began in a small isolated village called Ramanwadi in Radha-nagari, Kolhapur district, Maharashtra. From what started with just a small 2.5-acre bit of irrigated land, the project slowly evolved into various supporting projects such as water conservation, education, health; organic farming and cattle breed conservation and development, conservation of culture and so on. We are proud to see that our work has helped reverse migration of villagers from towns.
About GS Lab | GAVS Technologies
GS Lab | GAVS, backed by Kedaara Capital, a leading Private Equity firm in India, is a global AI-led digital transformation company focused on creating business impact for its 200+ customers across the USA, Europe, the Middle East, and APAC. It offers digital product engineering, AI-led managed services, and digital transformation services to customers across healthcare, BFSI, and high-tech segments. With 4000+ technologists spread across 10+ global delivery centers and a robust talent-grooming engine, it is a trusted growth partner to its customers. Known for its innovative win-win business models, customer success focus, and deep tech engineering skills, the company invests heavily in emerging technologies such as 5G, edge computing, AI/ML, cloud, and IoT. Its IPs, such as ZIF, zIrrus, Rhodium, and zDesk, help accelerate technology adoption for enterprises.
Contact
Anand Paramasamy
116 Village Blvd,
Princeton, NJ 08540
Phone: 609.951.2258
anand.paramasamy@gavstech.com
