Databricks Expands in India with New Bengaluru Office

Data and AI company Databricks has opened a new office in Bengaluru as part of its strategic expansion in India. This move aims to leverage India's thriving software industry and access its vast pool of world-class engineers to enhance the company's growth in the region.

"This new center allows us to be closer to key customers and partners in the region, enabling stronger collaboration and a better understanding of their unique needs," said Sebastian Furtal, Partner Enablement & Training Lead for APJ at Databricks.

Databricks had previously established its first development center in Bengaluru in May 2023, contributing significantly to its research and development efforts. The company has also been actively recruiting engineers and expanding its teams in India to support its growing customer base in the APAC region.

The company has experienced over 80% annualized growth in India over the past two fiscal years, driven by increasing demand for data and AI solutions across various sectors, including financial services, retail, and manufacturing.

In response to rising demand for its Data Intelligence Platform, Databricks recently launched its infrastructure on Google Cloud's India (Mumbai) region. This expansion, combined with the growth of its go-to-market and R&D teams, underscores Databricks' strong commitment to the Indian market.

Databricks counts several major Indian companies among its clients, including Air India, Aditya Birla Fashion and Retail, and Freshworks. These companies leverage Databricks' platform to drive innovation and improve operations through predictive analytics and AI-powered applications.

Databricks Secures $10 Billion in Series J Funding, Valued at $62 Billion

Last year, Databricks successfully raised $10 billion in one of the largest venture capital funding rounds ever, bringing the company's valuation to $62 billion.

The Series J funding round was led by prominent investors, including Thrive Capital, Andreessen Horowitz, DST Global, GIC, Insight Partners, and WCM Investment Management. Existing investor Ontario Teachers’ Pension Plan, along with new investors ICONIQ Growth, MGX, Sands Capital, and Wellington Management, also participated.

The company has experienced a remarkable growth of over 60% in recent quarters, driven by increasing demand for its AI solutions. Databricks projects that Q3FY25 will mark its first quarter of positive free cash flow.

The Series J funding will be used to accelerate the development of new AI products, make strategic acquisitions, and expand Databricks' global operations.