Zap to go in for

MUMBAI, FEBRUARY 11: Zap Infotech, an IT conglomerate with specialised skill in e-commerce solutions, web applications and training services provider, is planning to list its shares on the Nasdaq stock market of the US within the next six months to raise around 200 million.

The total investments for the domestic market will be around Rs 85 crore. The company is setting up software development centres in Delhi and Calcutta. At present, Zap has development centres in Mumbai and Bangalore, in addition to software training units.

Zap, which is offering e-commerce courses through its 60 training centres, is planning to set up another 336 such centres in the country. As part of expansion, the company will hire 275 software professionals, adding to the present 175.