In the context of Parag Agrawal’s promotion from CTO to CEO of Twitter, Musk’s response sounds intuitive. Moreover, YourStory also noticed the CEOs of the Indian-born global technology industry.

But as YourStory has explored and discovered, India’s contribution to global engineering is subconscious. It is found in all parts of the world’s fastest growing software product company.

First of all, Patrick Collison’s observation of Indian engineering is based on Stripe’s actual experience.

Earlier this year, Indian Institute of Technology (IIT) Indian Institute of Technology (IIT) graduate Jayanta Dey joined Stripe to lead its engineering and reliability business continuity architecture.

In October, Stripe acquired Recko, a Bangalore startup that develops payment and reconciliation software for Internet businesses. In addition, Vishnu Challam, director of engineering for Stripe Asia Pacific, and Madhu Kavikondala, director of engineering business applications, are also from India. Both joined Stripe in August this year.

Last month, after five years at the SaaS company Zendesk, KT Prasad joined Stripe to lead its India center.

Prasad’s predecessor in Bangalore, Anand Balaji, is a graduate of the National Institute of Technology-Tiruchirappalli. He led Stripe India for five years. In April, Anand and Stripe alumnus Ashwin Bhatnagar co-founded XFlow Payments, and Stripe is already an investor.

In fact, Stripe has an engineering research and development center in India. It acquired a start-up company from here, and began to invest in emerging start-up companies to support the best products and engineering talent.

For most new-age companies and global unicorns, setting up a development center in India is now a breeze.

Lalit Ahuja, founder and CEO of ANSR, who helped foreign companies set up R&D centers in India, said: “The shortage of talent in the home market of global companies is driving demand for India as these companies are racing to enter the market faster. India.
According to his estimates, at least 50 New Era companies are setting up R&D centers in India.

In the first year, the goal of each project is usually to hire 75 to 100 engineers, increase the number to a steady state of 150 in the second year, and then increase by 10 each year.

“These product companies did not outsource as an option because they are doing product development and core strategy work,” Lalit explained. “The only way they can do business globally is through their own R&D centers.”

Compete News Source : Yourstory