After the data center, the Hiranandani Group will invest RS 3,500 Crore for the next 2-3 years in consumer service led by technology with a new business platform, Tez. It will focus on fields such as social media, entertainment, games and e-sports.
The company currently brings together a team and will work with the industry to develop appropriate solutions.
Darshan Hiranandani, CEO-Hiranandani Group, in interaction with MoneyControl said this solution could be in Metaverse or cellphone. “It can be extreme you want to pay attention to, whether it is with VR glasses, whether it’s on the PlayStation, Xbox, or Netflix Games, or a different platform.” According to him, demand for real-world things into very high digital contacts.
“We call it metapheverse because Mark Zuckerberg has decided to call it metaverse and so we use it as an example. To be honest I don’t know whether there will be one metaverse or there will be hundreds. I suspect there will be an energetic metaverses,” he said.
But, Darshan explained that the shift in the way entertainment consumed was real. “If it’s real, the point is that I don’t know whether it is for metaverse or not, but of course if something like that will happen and become big enough, games and entertainment will be the first,” he explained.
For companies to do that, it is in talks with international players to work to create a kind of infrastructure in India, which will help create digital content.
The company will launch services in 2022, followed by the other three in the following year. “The Tez platform will utilize the synergy and talent of various Hiranandani group entities but also have an aggressive plan to employ more than 250 employees at FY23. Initial expenditures of Tez to launch this year’s service will be around Rs 1,000 Crore. And for the next 2-3 years. , We hope to invest around Hospital 3,500 Crore. ”
While Darshan did not have more details about the exact nature of this service, he said that they were in talks with companies such as games and e-sports to understand the best way to develop services led by technology.
“We believe that digital potential is hardly scratching the surface. We expand our focus on technology led, new. Yotta infrastructure will continue to be a vehicle for us to invest in the field of cloud computing, interconnectivity, company applications and cyber security technology companies, which are enhanced by our hyperscale and edge edge roll-out edge, through the Tez platform that we want to incubate and work with leading technology and partners (both domestic and global) in other regions as well, in the next steps of our trip, “he said in a statement.
Recently, the group doubled the center of the data center to Rs 30,000 Crore behind demand for services, according to reports. In 2019, the Hiranandani Group partnered with Yotta infrastructure to establish a data center in India.
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