January 04, 2025: Fixity Group of Companies founded by an NRI IT entrepreneur is in an expansion mode. It plans to invest INR 100 crore in the next two years
The group comprises of FixityEDx, Fixity Tech, Fixity Learn and Brain Marks. It has interests in IT, Education, Skills, Investments, Sustainability, Health Care, Hospitality etc and others.
Currently, the company has bases in the USA, India and Mexico.
Speaking to the media on the sidelines of the APTA KATALYST – Global Business Conference, Vinay Velivela, Chairman and Founder of Fixity Group said that the company was foraying into the plastic, electronic recycling business. It acquired recently a new company to that effect.
We are setting up a nursing college, Drone University Vinay announced. Until now we had a major presence in Hyderabad. Now we are expanding in Andhra Pradesh. All the above-stated plans will come up in Andhra Pradesh, he stated.
E-waste, solar battery, and lithium battery waste are big opportunities. E-waste is a bomb to explodes anytime. We see a huge opportunity which is not yet tapped fully. Hence, we are foraying into it he added.
The drone university will be India’s first such university. Drones are now being used in a variety of applications. With MoUs to be inked with several countries and institutions across the globe, it will be the state-of-the-art drone centre for excellence, Vinay Velivela shared.
Another ambitious project on the anvil is Regional Shark Tank to nurture local entrepreneurs with funding and guidance, he added
A visionary with business interests in IT, Up-skilling, Education, Health Care, and Environment, the company is aiming its resources from a current strength of 500 to 1000 in the next couple of years.
Vinay who is an office bearer of the American Progressive Telugu Association (APTA) believes in leading his companies with compassion and understanding. Empathetic leadership should be at the core of day-to-day operations, he adds.
