D. E. Shaw to set up 6-lakh-sq-ft facility in Hyderabad’s Kokapet area
Global investment and technology development firm D. E. Shaw India has announced plans to establish a new state-of-the-art corporate facility of more than 600,000 sq ft at Grava Business Park in Neopolis, Kokapet, further expanding its presence in Hyderabad.
LThe new facility is expected to become operational in 2027 and will support the company’s technology, research and operations teams. The announcement was made as D. E. Shaw India marked 30 years of operations in India at an event at its Jubilee Hills office.
Telangana IT and Industries Minister D. Sridhar Babu attended the event and welcomed the expansion, describing the new facility as a sign of the company’s continued confidence in Hyderabad.
D. E. Shaw India began its operations in Hyderabad in 1996 with around 20 employees. The company expanded to Bengaluru and Gurugram in 2023 and now has more than 2,000 employees across its three Indian locations, according to the company and state government representatives.
The new Kokapet facility is expected to provide additional space for collaboration among teams working across technology, financial research and operations.
“Hyderabad is where D. E. Shaw India began, and 30 years on, it remains central to our story,” said Chaitanya Gorrepati, Managing Director and member of the India Operating Committee.
The expansion adds to Hyderabad’s growing concentration of global technology, financial-services and capability-centre operations, particularly in the rapidly developing Neopolis–Kokapet corridor.
