Considering the plans to expand in Asian Market, Effectual Services plans to hire 100 employees in immediate future who will be assigned to allow the organization to enhance its service volumes by providing IP support solutions to Fortune 500 companies, law firms, research institutes, universities, and venture capital and PE firms. Effectual Services has a strong focus on the domestic and global market and its team of multi-disciplinary experts working in Noida will advance its pursuit of global and domestic expansion.
Among businesses in Asia, language is a significant barrier. Effectual Services has an aggressive expansion plan laid out to bridge the language barrier and tap the Asian markets on both, the patents side and the Other IP such as trademarks. Along with the aggressive expansion plan and the tax benefit, we are expecting an immediate impetus on profits and revenues upward of 25-30%.
Speaking about the new office Amit Aggarwal, Co-Founder, and Director, Effectual Services said, “Some people dream of success while others wake up and work hard for it. We at Effectual Services have grown from strength to strength every year and our team has been diligently working towards the organizational goal. We are excited about our expansion and this will help us tap the Asian Market more effectively and will fulfill the desire to succeed in our endeavor to serve leading Asian companies as intellectual property advisors. We look to surmount the language barrier in the market and will add an additional 25%-30% to our bottom line.”