India, Nov. 9 -- US-based SplashBI, an enterprise data intelligence and business analytics company, has opened its global capability centre (GCC) on Monday at Gachibowli in Hyderabad.

The company plans to invest $100 million in Hyderabad over the next five to seven years. The 20,000 sq.ft. new facility is expected to create 275 jobs.

Telangana IT and Industries Minister D Sridhar Babu inaugurated SplashBI's centre in Hyderabad.

Speaking on the occasion, Sridhar Babu said Hyderabad was home to more than 515 GCCs, employing over three lakh professionals. More than 70 new GCCs began operations in the city last year, the highest number among Indian cities, he said.

"The state government aimed to attract another 100 GCCs to Hyderabad over ...