Global Wireless Network To Invest Rs 160 Crore In India; To Raise Funds From Equity Sources

CIOL: Global Wireless Network (GWN), a products and solutions company for wireless networks, said it would invest Rs 160 crore and hire 1,400 software professionals in the next two years. Launching its R&D center in Hyderabad, Jay K Patel, MD, said:

“We are looking at innovative ways to bring in investor money and ensure excellent ROI to them. The proposed Rs 160 crore would be partially sourced from equity share, and VC funding and we intend to hire around 1,400 people in the next two years,” said Patel.

Patel added,

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