Rakuten India announced the formal launch of their new office Rakuten- Crimson House Bengaluru in the city- the company’s outside of Japan. The Bengaluru facility will service the company’s existing businesses like Rakuten Pay in Japan, India offerings, media and streaming solutions for Europe and APAC as well as new credit and banking solutions to be launched in the US next year, Sunil Gopinathan, Rakuten India CEO .
Located at Cubbon Park, Rakuten- Crimsion House, Bengaluru is a 20 storeyed building. With a capacity for housing over 3,000 employees, it currently accommodates 2,000 employees with room to grow. The product, engineering and advanced research facility represents a further expansion of the company’s global technology footprint and will focus on developing and delivering a wide range of cross-industry deep technology solutions to help drive digital transformation and innovation for global customers and partners.
“As we expand more services to different countries we need a center for globalization our business. And Rakuten India happens to be the strategic center of choice for Rakuten , Inc to help our globalization initiative, whether its Europe other region in Asia or North America,” said Sunil Gopinath, CEO of Rakuten India.
We are building an Enterprise Technology Business for the India market. We launched a product called SixthSense for large scale application performance monitoring. We are now going to go global from here and launch this product in the U.S, Europe.
Rakuten, ‘SixthSense’ the company first b2b SaaS product, an all-in-one observability intelligence and software testing automation platform, hit the market last year.
The company is also working extensively with fintech companies in India with its experience in financial and payment solution. A third of Rakuten Inc’s revenue is generated from fintech solutions globally. The company will however focus on offering its b2c solutions in India before it ventures into its b2c solution. It currently has a messaging platform-Viber operating in India.
“And we will be announcing some partnerships in the next few weeks where we are going to be working with travel companies in India for booking solutions –both airlines as well as hotels we are looking at opportunities to use Viber to enable them to book travel,” he added. The company is also growing its employee’s base. It has grown 70% over the past 18 months.
