In a landmark move signaling its continued growth and commitment to global expansion, Flutter Entertainment has announced the opening of its new Global Capability Centre in Hyderabad, India. This strategic investment of $3.5 million underscores Flutter’s dedication to leveraging India’s vibrant talent pool and advancing its global business objectives.
A Monumental Investment in India’s Talent Landscape
The new facility, spanning 80,000 square feet across three floors, will house approximately 700 employees. This expansion reflects Flutter’s strategic approach to bolstering its operational capabilities in key areas.
Commitment to Sustainability and Community Support
Flutter Entertainment’s commitment extends beyond business growth to include significant contributions to environmental sustainability and community welfare. The new centre has achieved recognition for its Leadership in Energy and Environmental Design (LEED), highlighting Flutter’s dedication to reducing its environmental impact.
In addition, Flutter is investing £30,000 (approximately $39,021) to support local initiatives around Hyderabad. This contribution is part of the company’s ‘Do More’ commitment, reflecting its dedication to making a positive impact in the communities where it operates.
Enhancing Employment Opportunities and Skills Development
The Hyderabad Global Capability Centre is poised to make a substantial impact on the local employment market. With 700 new roles being created, this expansion offers significant opportunities for professionals in various fields. The centre’s focus on data engineering, game integrity, and other key areas will contribute to the development of specialized skills in the region, reinforcing Hyderabad’s position as a hub for global talent.
Aligning Expansion with Strategic Vision and Financial Growth
Flutter Entertainment’s expansion in India is not just about physical growth; it’s a strategic move aligned with the company’s global vision of “Changing the Game.” The centre will play a pivotal role in advancing Flutter’s product and technology capabilities across its portfolio of brands in iGaming and sports betting.
This development comes on the heels of Flutter’s impressive Q2 financial results, which reported a 20% rise in revenue and a staggering 364% increase in net income. These figures highlight Flutter’s robust growth trajectory and the strategic importance of expanding its operational footprint.
Leadership Insights
Phil Bishop, COO of Flutter Entertainment, emphasized the strategic significance of this expansion: “Our expansion in India marks a huge milestone in Flutter’s growth and shows our continued commitment to investing in top talent to drive business growth globally. The Hyderabad Global Capability Centre is designed to foster creativity and growth, strengthening our presence in the Indian employment and skills market.”
Echoing this sentiment, Ashish Sinha, Managing Director of Flutter Entertainment India, noted: “We are excited to expand our facility in Hyderabad as we continue to strengthen our presence in India. We aim to grow while maintaining a challenger mindset and leading the sector globally. India presents a significant opportunity for our business, aligning with our global vision of changing the game through continuous improvement in product and technology.”
Flutter Entertainment’s new Global Capability Centre in Hyderabad represents a major investment in both the company’s future and the local community. With a focus on sustainability, community support, and strategic growth, Flutter is poised to make a lasting impact on the global iGaming and sports betting landscape. This expansion not only reflects Flutter’s confidence in India’s talent market but also its commitment to driving innovation and operational excellence across its global operations.