Flutter Entertainment invests $3.5 million to open GCC in Hyderabad, ET RealEstate

August 20, 2024
1 min read
Flutter Entertainment invests $3.5 million to open GCC in Hyderabad, ET RealEstate


<p>File photo </p>
File photo

NEW DELHI: Flutter Entertainment, an online sports betting and iGaming operator, has invested $3.5 million to open a global capability centre (GCC) in RMZ Spire in Knowledge City, Hyderabad.

Ashish Sinha, managing director of the company said, “We are excited to expand our facility in Hyderabad as we continue to strengthen our presence in India.”

Spread over 80,000 sq ft and across three floors, the new hub will have space for over 700 employees working across data engineering, game integrity services, HR operations, procurement, safety and security and customer operations.

It is also making a contribution of GBP 30,000 for 2024 to support local initiatives around Hyderabad.

The company will be further hiring in data analytics and engineering roles to increase headcount to 900 by 2024. It aims to have 40% women in leadership positions in this office by 2026.

Flutter reported $11.79 billion in global revenue for fiscal 2023, a 25% increase year-over-year. In the first quarter of FY25, the company generated $3.61 billion in global revenue.

  • Published On Aug 20, 2024 at 04:30 PM IST

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