GCC
US-based financial technology company Pico Technology has officially inaugurated its first India office in Hyderabad, marking a significant addition to Telangana’s expanding global technology ecosystem. The inauguration was attended by Telangana IT and Industries Minister Sridhar Babu Duddilla, Roads and Buildings Minister Komatireddy Venkat Reddy, and Pico Founder and CEO Jarrod Yuster.
Pico specialises in technology infrastructure for global financial markets, offering electronic trading solutions, low-latency connectivity, market data, cloud services and analytics. Its platforms serve banks, stock exchanges, hedge funds and other financial institutions across international markets.
The Hyderabad office follows discussions earlier this year between Pico’s leadership and the Telangana government regarding the establishment of its India operations.
The expansion comes as Telangana aims to attract 100 new Global Capability Centres (GCCs) within a year. The state is actively positioning Hyderabad as a preferred destination for multinational companies across technology, engineering, product development, artificial intelligence and research.
