City
Epaper

US-Based Entrepreneur Announces 100-Acre IT Park in Kerala for Zilbank's Global Development Center

By ANI | Updated: August 22, 2023 12:25 IST

PNNKochi (Kerala) [India], August 22: Zilbank, a prominent fintech company, is set to further establish its presence in ...

Open in App

PNN

Kochi (Kerala) [India], August 22: Zilbank, a prominent fintech company, is set to further establish its presence in India with the inauguration of a new 100-acre IT park in Malappuram, Kerala. The project, spearheaded by the company's Founder and CEO, Sabeer Nelli, aims to consolidate various initiatives into a state-of-the-art facility.

Hailing from Kerala and now a recognized entrepreneur in the US, Sabeer Nelli is no stranger to successful ventures. He is the proud owner of Tyler Petroleum, a thriving chain of gas stations featuring convenience stores. His business acumen is further showcased through OnlineCheckWriter, a leading B2B payment platform. Sabeer's journey from Kerala to the US has equipped him with insights into the financial challenges faced by Indians in America, a primary motivation behind founding Zilbank.

Currently, Zilbank operates a global development center in Manjeri, Malappuram, employing around 100 professionals. With an ambitious roadmap ahead, the firm aims to expand its workforce by adding 500 more employees in 2023, targeting a total of 1,000 hires in the near future. Beyond employment opportunities, Sabeer envisions nurturing the next generation of entrepreneurs. He plans to launch a startup accelerator program and establish a venture capital fund dedicated to bolstering emerging startups. His long-term vision encompasses a sprawling 1,000-acre campus in Kerala, designed to house all his ventures and offer academic-industry interface programs. These initiatives aim to equip students with contemporary skills and innovative thinking.

Reflecting on his aspirations, Sabeer Nelli commented, "My objective has always been to give back to my homeland and uplift budding entrepreneurs. Dreaming big, seizing global opportunities, and crafting solutions are the stepping stones to success. Through our startup accelerator program, I aim to not just mentor nascent ideas to fruition but also to inspire individuals to harness the immense growth prospects available."

For more information on Zillbank visit: https://zilbank.com/ 

(Disclaimer: The above press release has been provided by PNN.will not be responsible in any way for the content of the same)

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: congresspitrodadelhimodideepikabjpwest-bengaldeepika-padukoneajay-devgnthakur
Open in App

Related Stories

NationalDelhi Triple Murder: Three Family Members Found Dead at House in Maidan Garhi, Fourth Member Missing

NationalDelhi CM Rekha Gupta Reacts After Attack During Public Meet: I Was in Shock After This, but…”

EntertainmentIndian Actors Who Have Conquered Global Audiences with International Films

NationalDelhi Building Collapse: 3 Workers Killed After Three-Storeyed Building Collapses in Daryaganj

NationalWho is Rajesh Khimji Sakariya? Man Who Attacked Delhi CM Rekha Gupta

Business Realted Stories

BusinessOver 12,000 special trains for Diwali, Chhath; discounts offered on return tickets: Minister

BusinessNazara Technologies’ shares tank 23 pc in two days over online gaming bill

BusinessReliance Foundation's flagship scholarships open applications for 5,100 UG and PG students

BusinessConsumer discretionary sector sees moderation in Q1, festive season expected to lift demand: Report

BusinessHDFC ERGO Partners with Park+ to Deliver Seamless Digital Car Insurance Experience to 2+ Crore Park+ Users