MSR Cosmos aims $1.5-bn revenue in 5 yrs

Hyderabad: MSR Cosmos Group founded by Sivagopal and his wife Devi Kondappa with just one employee is now a fast-growing multinational IT services company offering technology solutions to Fortune 500 clients across the globe. The company plans to broaden its reach with the existing business while being keen on introducing a new offering to the Indian market that helps small B2B businesses to reach more consumers and enable them to withstand competition from the big e-commerce players with minimal or no investment.

Representatives of MSR Cosmos Group, Sarath, CFO, Vedavyas, COO, Pradeep Kumar, APAC Head & Balaji, Director of products were present at the meeting.

Speaking on this event, Sivagopal, CEO, MSRcosmos Group, said that, "I cannot imagine being who I am or achieving anything without the support of my wife, Devi Kondapi, Co-founder and CEO of MSR Cosmos Group.

She has been an instrumental pillar of support and encouragement throughout this journey. She brings her best at managing the organization the company while I focus on strategies. As of now, I just need to keep doing what's right for the company, employees and the society." MSR Cosmos Group with a strong technology partnership foundation across the competency areas of cloud, data, AI, automation, and enterprise applications clocked a revenue of Rs 1,700 crore is now aiming for a revenue $1.5-billion. It has been a part of digital transformation journey of various companies such as Microsoft, SAP, Cloudera, Snowflake, Good cloud, Red Hat etc.

The technology group has witnessed 15X growth after acquisition of seven companies contributing over $95 million revenues in the last 3 years reaching up to $150 million from $10 million. This exceptional growth has resulted from multiple acquisitions made in the United States.