International Expansion Targeted to Support Growing Business.
Purchasing Power, LLC, an Atlanta-based voluntary benefit company offering the leading employee purchasing program through the convenience of payroll deductions, has opened its first overseas business operations in Chennai, India, leasing 12,500 square feet of premium office space at the DLF Cybercity.. The new Purchasing Power office is now operating with state-recommended COVID-19 guidelines to ensure a safe and healthy work environment for all employees.
Among its functional competencies for Purchasing Power, the Chennai office will provide business support for eCommerce website development; mobile app development; Oracle Apps development; QA automation; IT and website operations; data science and engineering; and business analytics. The team of professionals in India currently includes developers, technical architects, QA engineers, scrum masters, data scientists and engineers, plus DBA and IT operations engineers.
“Our objective for establishing permanent roots in India is to provide round-the-clock Software development and IT operational activities for Purchasing Power,” said Prakash Muthukrishnan, Purchasing Power Chief Technology Officer. “After several years of contracting offshore partners for technology projects and ongoing support and maintenance, our scope of business reached critical mass, making better sense to set up a more permanent entity. With the new offices in India, we’ll look to further expand the company’s technology competencies with business growth in mind.”
Purchasing Power has appointed Nagesh Kulukuru to oversee operations of the Chennai offices. Named Country Head for Purchasing Power India, Kulukuru added, “We’re very proud to offer Purchasing Power a rich talent pool of highly skilled employees to meet the technology demands of the growing company. Our plan is to expand and build expertise to support marketing, finance and back-office administration in the future.”
“We are indeed delighted to welcome Purchasing Power to our DLF Cybercity campus at Chennai. DLF Cybercity, Chennai is a 43 acre multi-block campus development with a host of retail and sporting amenities that inspires collaboration, innovation and productivity among employees. With COVID-19 Safety assurance for re-entry at workspaces from British Safety Council and Well-Health Safety Certificate from International Well Building Institute, DLF offers highest standards of facility operation and management to ensure that Purchasing Power employees enjoy the best work-experience at Chennai.”, said Mr. Amit Grover, Executive Director, DLF Offices
Purchasing Power currently operates two central offices in metro Atlanta and employs more than 250 staff professionals. The company launched in February 2001 to offer personal computers for employee purchase through payroll deduction. Operating with an A+ Better Business Bureau rating, it has since grown to present more than 40,000 brand-name products and services—including major appliances, electronics, furniture, vacation travel packages and automobile tires—for customers who are unable or prefer not to use cash or credit.