Companies

Swiss GRC Expands to India with an Eye on $10 Million Revenue in FY25

Published February 7, 2024

Swiss GRC, the Swiss-based software firm specializing in governance, risk, and compliance solutions, has taken a decisive step towards extending its global footprint with the inauguration of its operations in India. Known for its presence in Germany, the UK and the UAE, the company is now aiming to capture the burgeoning Indian market, setting a lofty revenue target of USD 10 million, which is approximately Rs 83 crore, for the fiscal year 2025.

Swiss GRC's Strategic Expansion into India

In a strategic move to tap into the potential of the Indian market, Swiss GRC has unveiled its plans for expansion with a clear revenue objective. The company's foray into India is seen as a significant milestone that not only reflects the firm's ambitious global strategy but also points to India's increasing relevance as a hub for governance, risk, and compliance services. Swiss GRC's offerings are expected to meet the growing demand for robust compliance solutions in the Indian market.

Microsoft Corporation: A Benchmark in the Tech Industry

While Swiss GRC embarks on its Indian journey, it is pertinent to draw comparisons with industry benchmarks like Microsoft Corporation MSFT. As an American multinational technology giant, Microsoft is well-known for its extensive range of software products, including the Microsoft Windows operating systems, the Microsoft Office suite, and popular web browsers like Internet Explorer and Edge. Besides software, Microsoft has made a name for itself with hardware products such as the Xbox gaming consoles and Microsoft Surface personal computers. Having ranked No. 21 in the Fortune 500 list in 2020 and leading as the world's largest software maker by revenue as of 2016, Microsoft represents the echelon of success that companies like Swiss GRC aspire to. Moreover, being one of the Big Five in the U.S. IT industry, Microsoft's market performance is a relevant benchmark for all technology firms around the world, including the newly Indian-market entered Swiss GRC.

SwissGRC, India, Revenue