Data analytics and AI software company Databricks is stepping up hiring and investments in India as demand from enterprise clients accelerates. The San Francisco-based company is expanding its research and development (R&D) footprint in Bengaluru as it records close to triple-digit growth in its India business, a top executive told ET.
Right now, our overall India team is just shy of 1,000 people. The goal is to continue aggressively hiring this year as well, both in R&D and in goto-market roles, said Naveen Zutshi, chief information officer at Databricks, in an interaction with ET. âWe have seen good growth here...Initially, we were more focused on digital natives, but over the last two to three years, we have seen a massive shift on the enterprise side as well,â he added.
Privately held Databricks was last valued at $134 billion while it raised $7 billion in equity and debt earlier this year. Its major investors include Andreessen Horowitz, Nvidia, Insight Partners, and Coatue Management. In 2025, the company was reported to be clocking an annual recurring revenue run rate of $4.8 billion. For comparison, the current market value of Indiaâs biggest listed technology company, Tata Consultancy Services (TCS), is $94.3 billion.
Databricks, which competes with the likes of Snowflake, counts a mix of startups and large enterprises among its clients in India, including Swiggy, Cred, Zepto, Freshworks, IndusInd Bank and Hindalco Industries. India-born Zutshi, a Bangalore University graduate, worked at Palo Alto Networks, Zoom and other firms before joining Databricks in 2022.
He said the company has already begun deploying part of the $250 million it had committed to India, including through the launch of a major R&D centre in Bengaluru focused on building core elements of its data and AI platform.
Right now, our overall India team is just shy of 1,000 people. The goal is to continue aggressively hiring this year as well, both in R&D and in goto-market roles, said Naveen Zutshi, chief information officer at Databricks, in an interaction with ET. âWe have seen good growth here...Initially, we were more focused on digital natives, but over the last two to three years, we have seen a massive shift on the enterprise side as well,â he added.
Privately held Databricks was last valued at $134 billion while it raised $7 billion in equity and debt earlier this year. Its major investors include Andreessen Horowitz, Nvidia, Insight Partners, and Coatue Management. In 2025, the company was reported to be clocking an annual recurring revenue run rate of $4.8 billion. For comparison, the current market value of Indiaâs biggest listed technology company, Tata Consultancy Services (TCS), is $94.3 billion.
Databricks, which competes with the likes of Snowflake, counts a mix of startups and large enterprises among its clients in India, including Swiggy, Cred, Zepto, Freshworks, IndusInd Bank and Hindalco Industries. India-born Zutshi, a Bangalore University graduate, worked at Palo Alto Networks, Zoom and other firms before joining Databricks in 2022.
He said the company has already begun deploying part of the $250 million it had committed to India, including through the launch of a major R&D centre in Bengaluru focused on building core elements of its data and AI platform.
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