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Invenia, a digital infrastructure and IT services company from Sterlite Technologies, is planning to grow its revenue from around INR 1,300-1,400 crore to nearly INR 2,000 crore over the next three years. The growth is expected to come from rising demand for data centre connectivity and government projects like BharatNet. The company has equity capital of about INR 907 crore, assets close to INR 2,800 crore, and a strong order book worth INR 4,250 crore. Invenia will focus on system integration, cybersecurity, and managed services in India, the UK, and Europe.
Invenia, a digital infrastructure and IT services firm, is projecting its revenue to grow by around 40 percent, reaching INR 2,000 crore over the next three years. This growth is expected to be fueled by increasing demand for connectivity from data centres and government-led projects, according to the company's Vice Chairman and Non-Executive Director, Ankit Agarwal. Advertisement
Agarwal explained that the company sees a multi-billion dollar opportunity, largely driven by the rising number of data centres and government initiatives such as BharatNet, which aim to enhance digital connectivity across India. He noted that the company plans to expand its revenue from approximately INR 1,300-1,400 crore in the current fiscal year to nearly INR 2,000 crore within three years.
He added that Invenia's equity capital was around INR 907 crore, with total assets valued close to INR 2,800 crore as of March-end. The company also holds a robust order book, with open orders worth roughly INR 4,250 crore at the same time, indicating strong future business prospects.
Hived out from Sterlite Technologies (STL), Invenia is scheduled to be listed on Indian stock exchanges soon. Agarwal mentioned that the company will follow a mirror shareholding pattern with STL, meaning each STL shareholder will receive one share of Invenia for every STL share held.
Focusing on system integration, Invenia plans to strengthen operations in data centre connectivity and cybersecurity across India, the UK, and Europe. The company also intends to expand its managed services to support Global Capability Centres (GCCs), helping clients optimize technology and operations.
The firm's approach is aimed at addressing the growing need for secure, efficient, and scalable digital infrastructure. With its strong order book, solid asset base, and clear growth strategy, Invenia is positioning itself to capture opportunities in both domestic and international markets.
Source PTI
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