Bengaluru-based Credsquare to set up R&D hub in Goa, targets INR 600 Crore funding

Rutuja Kedare Jul 05, 2023 0

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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Disclaimer: The information contained herein has been compiled or arrived at, based upon information obtained in good faith from sources believed to be reliable. All such information and opinions can be subject to change. The image featured in this article is for representation purposes only and does not in any way represent the project. If you wish the article to be removed or edited, please email


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