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Payoneer evaluated multiple cities before selecting Gurugram, including Bengaluru, where it already has an office. The company ultimately chose Gurugram because of its existing workforce following the acquisition of Skuad, the depth of fintech talent in the National Capital Region and the city's connectivity.

The only newsletter that tracks policy shocks, bold bets, and the risks reshaping India’s global capability centres.

Competition today is no longer defined by who is cheapest, rather it is defined by who innovates faster, owns intellectual property, and brings products to market ahead of others.

Located at SVB Tech Park, the new facility is FBS India's third location after Chennai and Bengaluru. The Coimbatore centre has been established as a dedicated business continuity hub and will primarily support Ford's global accounting, credit, treasury and business operations functions.

The new entity, Nationwide Global Services Center Private Limited, becomes the company's fourth global location after Columbus, Ohio; Des Moines, Iowa and Scottsdale, Arizona.

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