Bengaluru-based Econz IT Services to invest £10 mn to build business in U.K.

City-based Econz IT Services Pvt. Ltd., a leading Google Cloud partner, opened a dedicated Gemini Enterprise Experience Centre in the city on Monday.Developed in collaboration with Google Cloud, the new centre will provide enterprises with an immersive environment to experience, build, test, and deploy advanced agentic AI solutions powered by Gemini Enterprise. The experience centre is expected to enable business leaders and technology teams to explore and understand practical applications of agentic AI and identify ways to achieve measurable business outcomes with the help of emerging technologies, the IT firm said.Moby K. Babu, CEO and founder, Econz IT Services, said Bengaluru has consistently been at the forefront of technology-led transformation, and with this experience centre, his company aims to bring the next version of enterprise AI to the heart of its tech ecosystem to help enterprises across domains, primarily banking, financial services and insurance (BFSI), healthcare, IT, ITeS, and HR.According to him, Econz will pre-build over 200 agentic AI systems to support infrastructure and application modernisation for enterprises across diverse domains. The company has already built 25 such agentic systems and showcased them to the media at its Gemini Enterprise Experience Centre. “Our vision is to give enterprises a tangible way to experience agentic AI, understand its business potential, and confidently move from experimentation to implementation. Whether it is automating complex claims processing in BFSI or streamlining clinical documentation in healthcare, we want to help organisations turn AI innovation into scalable, measurable outcomes,” he added.Mr. Babu said the company will invest £10 million to expand its business in the UK over a period of two to three years. The company will also hire 100 people in the UK, while it plans to increase its workforce in India from 120 to 200 by hiring mostly AI engineers in the current fiscal.Welcoming Econz’s plans to invest in the UK, the British Deputy High Commission said the recently implemented India-UK trade pact has significantly enhanced economic ties, allowing 99% of Indian products to enter the UK with reduced tariffs while fostering deep AI collaboration under the Technology and Security Initiative (TSI). Published - August 17, 2026 11:23 pm IST