Fidelity International enters India; opens office in Bengaluru

By Gloria Mathias

Fidelity International, a global investment and retirement savings business, has announced its expansion in India by opening an office in the south of India, in Bengaluru.

The new Bengaluru office will complement the company’s current Gurugram and Mumbai offices and will bolster Fidelity International’s strategic presence in the country.

The company has started hiring for the new Bengaluru office and will build its local presence over the next year. It has started welcoming new hires this July. It will also appoint a Bengaluru office head soon, likely to be an internal hire better to embed the Fidelity International culture in the new office.

India as a location is integral to Fidelity International globally and is home to a range of capabilities such as technology that its clients experience directly or indirectly; operations; research support; client servicing; cyber security; shared services across general counsel, finance, and human resources.

Rohit Jetly, Head of Shared Services; Country Head India, Fidelity International said, “We have had a presence in India for over 20 years, and from small beginnings, we now employ more than 4,500 people here. The new office in Bengaluru reinforces the company’s belief in its strategic presence in the country and the talent we have here. We will thoughtfully build our presence in Bengaluru over the months and expect to find some amazing talent here that, together with our Gurugram and Mumbai offices, will be crucial for our future skills roadmap.”

Upasna Nischal, HR Head India, Fidelity International said, “The new Bengaluru office will provide talent with the same opportunities, culture, and workplace ethos as anywhere across Fidelity International globally. We have a unique cultural core that isn’t like any other, one that people love and revere and rate highly on external platforms; we call it ‘Feel Fidelity’. Almost every one of our employees will have their own inspiring ‘Feel Fidelity’ story. I’m excited that through our extended presence in India, we will be able to engage with a wider talent pool and bring this unique culture to Bengaluru.”