Geojit Signs Land Lease Agreement with Infopark

KOCHI:
Geojit Financial Services Ltd. joined hands with Infopark Kochi to construct a new office space in the IT park, paving way to boost the overall development of IT, financial and investment sectors. Infopark Chief Executive Officer, Susanth Kurunthil and Geojit Managing Director, C.J. George entered into a lease agreement of 1.25 acres of land for constructing IT/ ITES infrastructure. The project in Infopark Kochi Phase II will see development of 1.25 lakh square feet built-up area, and it is expected to be completed in three phases. Infopark officials, Geojit Executive Directors; A Balakrishnan, Satish Menon and Jones George, and CFO Mini Nair took part in the event held at Park Center of Infopark Kochi.

In the first phase, Geojit will begin the construction to host its data centre, customer care and peripheral operations in 55,000 square feet of space. With the completion of the construction, Geojit Technologies’ development centre will be shifted to the new premises. As part of the project, many facilities like tele-trading centres, customer experience development centres, software labs and ample parking facilities will be available in the new campus.

“Infopark Kochi has played a significant role in the development of Kerala. The best talent, stable infrastructure, secured environment and single window clearances are some of the features that attracted us towards Infopark,” said CJ George, Managing Director of Geojit Financial Services on Geojit’s latest milestone. Further, he added that being in Infopark will help Geojit to expand our technology team as well as our data centre, thereby looking forward to being a key player in the midst of this buzz of activity to further develop Geojit’s business.

Infopark CEO Susanth Kurunthil said “Being a torch bearer in financial and investment services, Geojit’s association with Infopark is a great partnership. It will attract firms that see Kerala as an emerging hub of fintech. The partnership has the potential to inspire large companies and will pave the way for employment generation and better investments.”