Evoma to invest 200 Million dollars

By Staff
|
Google Oneindia News

Bangalore, July 17 (UNI) Evoma, the Emergent Business Incubator, providing an integrated ecosystem for launching businesses, proposes to invest USD 200 million in the next five years to establish Business Incubation Centers in India, Evoma founder Ashok Vohra said today.

Talking to newsmen here he said that the company's first Business Incubation Centre would be opened on July 22 here.

He said that four such centres would be opened within next eight months. These include one in Mysore and Sakaleshpura in Karnataka and in Chennai, Tamil Nadu. In Karnataka and Tamil Nadu already talks were in progress with the respective State governments.

"Within the next five years, Evoma would have business biosphere in major metros all over India. The company was in the process of establishing associations in several developed countries.

He said that Evoma had established synergies with the Karnataka Udyog Mitra.

He said that the Bangalore Centre has 150,000 square feet facility. The facility boasts of a 66 room luxury hotel, 80 fully serviced offices, training and function rooms, Video conferencing facilities, High bandwidth internet access, bar, coffee shop, restaurant and garden banquet facilities for a 1000 people.

UNI

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