Mergers & Acquisitions

Stellar to expand its operations to newer markets

Opportunity India Desk
Opportunity India Desk Dec 21, 2018 - 1 min read
Stellar to expand its operations to newer markets image
Stellar counts India and the US as its largest markets, with each accounting for about 18% of its top-line.

Stellar, India's leading data recovery firm, is expanding its operations to newer markets such as China, Korea, Turkey, and South America to tap into the growing data market. Recently, the company has completed 25 years of operations.

Stellar counts India and the US as its largest markets, with each accounting for about 18% of its top-line.

Sunil Chandna, CEO of Stellar, said, "We are seeing massive growth in all our markets with increasing creation and consumption of data. Our user base includes individuals who want to recover pictures of loved ones from a damaged hard drive to enterprises looking to retrieve crucial business information."

"We are now expanding to geographies like China, Korea, Turkey, Malaysia and South America. This will help us bring in 10 per cent additional revenue," he added.

The company is further expecting its user base to grow two-times in the next three years from the current base of three million.

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