Mumbai, 17 March 2022: Vistra, a leading provider of expert advisory and administrative support to Fund, Corporate, Capital Market and Private Wealth clients, announces that it is one of the first few global organisations to receive regulatory approval to set up operations in India’s new Gujarat International Finance Tec-City (GIFT City) – a global financial and IT hub, a first of its kind in India.

Vistra will expand it’s India business into GIFT City, which provides a business platform and creates an ecosystem to enable commerce, while also providing world class infrastructure for the integrated city which also includes residential and social developments. This hub is being designed to not only align to exacting standards, but to exceed global benchmarks for similar jurisdictions around the globe. It will allow India to establish itself as a global leader and stay competitive with other global financial jurisdictions.

This announcement demonstrates that Vistra India has ambitious plans to capitalise on the remarkable growth it has experienced over the years, even despite the challenges the pandemic has posed. With approximately 1,000 professionals based in India, this team services 150+ global clients and manages payrolls for over 160 global employers. There is a world of opportunities for both clients and colleagues at Vistra India. 

Shikha Bagai, Country Managing Director, India and Mauritius, Vistra commented, “Our commitment to the growth of our clients, our team, and the business remains steadfast. This expansion into GIFT City represents a fantastic opportunity for us and the nation to grow and connect with different financial hubs around the world. In the future, we see GIFT City at the heart of our efforts to help organisations realise the potential of expanding into the Indian market. We are excited to soon offer our support and services from GIFT City to both existing and future clients and are confident we have an even brighter future ahead.”

For more information about Vistra India and our services, please contact [email protected] or [email protected] 

About Vistra

At Vistra, we believe your business and your people can make a difference in the world. That’s why our work is focused on helping our clients act with confidence and speed to seize opportunity wherever it arises. As a global corporate service provider and fund administrator with more than 5,000 professionals in over 45 jurisdictions, we empower legal entities globally to work smarter, grow faster, act responsibly, protect capital and scale across borders — by doing what we do best: reducing risk and enhancing efficiency. Discover how we can help you and your business seize opportunity today by exploring our services at vistra.com.