Backbase expands Hyderabad centre, adding space for 300 jobs in AI and banking software

Backbase, a Netherlands-based company that builds digital banking software, has expanded its development centre in Hyderabad with 30,000 square feet of new office space in HITEC City. The expansion was inaugurated on Friday, October 9, 2026, by Telangana's Minister for Information Technology and Industries, D Sridhar Babu. The minister said the facility is expected to create 300 skilled jobs and will help build digital banking products for banks and financial institutions around the world. According to the company, its India team has grown from fewer than 50 engineers in 2020 to more than 600 today, making India its largest engineering base outside its Amsterdam headquarters.

For job seekers, the list of roles is the most useful part of the announcement. Backbase is hiring across the full spread of modern software work: designers who shape banking apps, engineers who build them end to end, data engineers who manage the information behind them, testers who automate quality checks, and two newer job titles. Forward-deployed engineers work closely with client banks to adapt and roll out the software, and applied AI engineers build artificial intelligence features into products. The company's own release framed the expansion as a way to scale its AI engineering.

These roles show where demand is moving in Indian tech hiring. Companies want engineers who can work with data and AI, not only write code, and who can work directly with customers. Students and early-career engineers aiming at such jobs will find that skills in data engineering, testing automation and applied machine learning, along with domain knowledge of banking and payments, can set them apart.

For Hyderabad, the opening adds to a steady run of global companies setting up or expanding technology centres in the city. At the event, Sridhar Babu said Telangana wants Hyderabad to be a "Global Confidence Centre", a place where companies develop answers to global problems, rather than simply a home for global capability centres. He said the state was building an ecosystem to help global companies keep pace with changing markets and technology.

Backbase first set up a business development centre in Hyderabad in December 2020. Its growth from a few dozen engineers to more than 600 in about six years shows how quickly a foreign software firm can build a large team in India once it commits.

Short-term: Backbase is expected to recruit for engineering, design, data and AI roles in Hyderabad to fill the new space. Job seekers can watch the company's careers page for openings in these areas.

Long-term: A larger India team gives Backbase more capacity to build AI features for its banking clients worldwide, and adds to Hyderabad's pool of fintech and AI talent.

Who is affected: Software engineers, data and AI specialists and designers in Hyderabad, engineering students preparing for fintech careers, and Telangana's technology economy.

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