Bengaluru-based AI company Credsquare Technologies Private Limited has announced its plans to establish an R&D hub in Goa. The hub will focus on AI research, development, and experimentation, with a particular emphasis on tailoring solutions to meet the region’s unique requirements.
Credsquare aims to contribute to Goa’s growth by creating opportunities for skill development and entrepreneurship, concentrating on key sectors such as tourism, healthcare, agriculture, and infrastructure.
To achieve its objectives, the company plans to collaborate with local stakeholders and government agencies, identifying specific challenges and leveraging AI-powered solutions to drive growth and efficiency in these sectors.
Credsquare Technologies Private Limited is potentially raising over INR 600 Crore funding and is in the advanced stages of due diligence with numerous investors globally. This funding will enable the company to expand its presence in Goa and establish the necessary R&D infrastructure as part of the Atmanirbhar Bharat initiative.
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