Kellton Tech eyes acquisitions, to increase headcount by 500

Kellton Tech Solutions Ltd, a city-based IT services company, today said it is looking at two to three acquisitions by the next fiscal and will hire around 500 staff globally this year as part of its plans to grow into a USD 100 million company by March 2016.
Kellton Tech will open its new office at Cupertino, California and seeks to hire around 500 people in 2015 across a wide range of technologies across the globe, including Hyderabad, Kellton Tech's Managing Director and Co-Founder Krishna Chintam told reporters here.
"We also seek to make two or three acquisitions during 2015-16 fiscal," he said.

Kellton Tech, recognised for providing Enterprise Mobility, ERP and e-commerce solutions, currently has 650 employees -- 250 in US and remaining in India.
"We plan to grow into a USD 100 million (revenue target) company by 2015-16. Kellton Tech recorded 242 per cent growth in revenue over the last financial year. With foray into newer technologies like Big Data, Cloud Computing and Internet of Things, the future shows greater promise," Kellton Tech's Chairman and Co-Founder Niranjan Chintam said.
North America contributes 50 per cent of Kellton Tech's business followed by 30 per cent in India and APAC, he said adding "our new office at Cupertino will bring fresh opportunities that we can capitilise on to advance our growth plans".