ThoughtSpot to invest $150 mn in India

ThoughtSpot, the Modern Analytics Cloud company, plans to invest $150 million across its operations in India over the next five years.
ThoughtSpotThoughtSpot announced the opening of a new office in Trivandrum, the company’s third R&D center in India.

ThoughtSpot will grow headcount by more than 30 percent across offices in Bangalore, Hyderabad, and Trivandrum in the next year alone, while simultaneously expanding beyond traditional R&D with partner engineering, working closely with software integrators (SIs) and other tech partners to build joint solutions and value for customers.

In the 12 months, ThoughtSpot has more than tripled its ThoughtSpot Everywhere customer base, and has realized nearly 400 percent growth in monthly active users at organizations such as Capital One, Nue, Chick-fil-A, Go Sharing, and Hogarth Worldwide.