hCentive Inc., a health insurance exchange solutions company headquartered in Reston, Virginia plans to invest $125 million (Rs. 750 crores) at its R&D center in Noida, India over the next five years and expects to ramp up its India team by about 25% over the next twelve months.
V.J. Bala, Senior Vice President and Head of Marketing at hCentive said, “As our research and development hub, our India office will see continued investment for hiring and scaling the infrastructure and facilities to support our aggressive growth plans. We are committed to hiring top talent with competitive compensation and benefits in the IT industry.”
hCentive was one of the first companies in the U.S. to build health insurance exchange solutions from the ground-up after the Affordable Care Act was passed. The company expanded to offer public and private health exchange marketplaces to tap both government and commercial markets in the U.S., reports India Infoline News Service.
