HYDERABAD – July 26, 2022: Kroll, the leading provider of data, technology and
insights related to risk, governance and growth, announced today that it’s expanding its
presence in India with a new center at HITEC city in Hyderabad, India. The new
Hyderabad center will focus on delivering cutting-edge technology solutions, automation
and innovation with an experienced team of software engineers, technologists and
business service experts in the areas of risk, governance, compliance, tax and
valuations. The state-of-the-art 200-seater facility will further enable Kroll’s agile working
model to deliver data-enabled solutions to clients worldwide. India is home to the third-
largest Kroll team after New York and London.
Commenting on the expansion, Dave Kothari, Managing Director, Global Business
Solutions, Kroll, said: “India has always been a vital component in the company’s
global growth strategy, and our new office in Hyderabad is testament to our faith in the
India team’s capabilities. We are currently almost 900 people in India and will expand to
1400 by 2023. We continue to make significant investments in tech-enabled growth to
transform processes, improve efficiency and maximize turnaround times.
Kroll, formerly known as Duff & Phelps, entered the Indian market with the acquisition of
American Appraisal in 2015. In 2021, the company announced plans to transition the
company name to Kroll. This rebrand was completed earlier this year. Recently, Kroll
acquired Resolver, a leader in Risk Intelligence Technology, which also has operations
in India. Kroll provides valuations and fairness opinions and conducts forensic and fraud
investigations in India and serves some of the country’s largest companies across IT
and IT-enabled services, retail, energy, health care, manufacturing and financial
services, among others. In India, Kroll Advisory Private Limited (formerly known as Duff
& Phelps India Private Limited) is a SEBI registered Category 1 merchant banker,
enabling the company to provide fairness opinions and a wider range of valuation
services to listed companies.
