05-Jan-2025 10:48 AM
7945
Hyderabad, Jan 5 (Reporter) Fixity Group of Companies, founded by an NRI IT entrepreneur, which is in an expansion mode, is planning to invest INR 100 crore in the next two years in Andhra Pradesh.
The group comprises FixityEDx, Fixity Tech, Fixity Learn, and Brain Marks and is interested in IT, Education, Skills, Investments, Sustainability, Health Care, Hospitality and others.
Currently, the company has bases in the USA, India and Mexico.
Speaking to the media on the sidelines of the ongoing APTA KATALYST—Global Business Conference here Saturday evening, Vinay Velivela, Chairman and Founder of Fixity Group, said that the company was foraying into the plastic and electronic recycling business. It recently acquired a new company to that effect.
We are setting up a nursing college, Drone University, Vinay announced, and said until now, we had a major presence in Hyderabad. Now we are expanding in Andhra Pradesh.
All the proposed plans will come up in Andhra Pradesh, he stated.
E-waste, solar batteries, and lithium battery waste are big opportunities. E-waste is a bomb to explode anytime. We see a huge opportunity that is not yet tapped fully. Hence, we are foraying into it, he added.
The drone university will be India’s first such university. Drones are now being used in a variety of applications. With MoUs to be linked with several countries and institutions across the globe, it will be the state-of-the-art drone centre for excellence, Vinay shared.
Another ambitious project on the anvil is Regional Shark Tank to nurture local entrepreneurs with funding and guidance, he added.
A visionary with business interests in IT, Up-skilling, Education, Health Care, and Environment, Vinay, who is an office bearer of the American Progressive Telugu Association (APTA), is aiming its resources from a current strength of 500 to 1000 in the next couple of years...////...