Mastercard has inaugurated a new Tech Hub in Pune, intended to support the company’s growth in India and play a crucial role in advancing its technology on a global scale.
Spread over nearly half a million square meters, the campus in Pune is the latest addition to Mastercard’s global Tech Hub ecosystem which spans seven locations, including Arlington, Dublin, New York, Pune, St. Louis, Sydney and Vancouver.
Located at Bluegrass Business Park in Yerwada, Pune, the Tech Hub will house over 6,000 technologists, engineers and experts from diverse backgrounds and disciplines, ranging from software development to finance, data architecture to cybersecurity and beyond. This makes it Mastercard’s largest workforce in a single city, globally.
In 2014, Mastercard established its first India Tech Hub in Pune, starting with a small workforce which has grown manifold over the past decade, demonstrating the company’s substantial investment in the local workforce and economy.
Today, the Pune Tech Hub plays a crucial role in supporting Mastercard’s vital global operations across payment safety, cybersecurity, fraud detection, and digital identity.
”As one of the key nodes for our technology operations worldwide, the new Pune Tech Hub will collaborate with other hubs around the world to build the revolutionary technologies that shape our world, powering economies to make everyday life happen,” said Ed McLaughlin, president and CTO of Mastercard.
The launch of Mastercard’s new campus will support several goals within the government’s “Viksit Bharat” vision, which seeks to transform India into a fully developed, technologically advanced economy by 2047—the 100th anniversary of the country’s independence.
Already, the Pune workforce has been supporting the way in delivering technological solutions for India’s domestic market.
Key initiatives include the financial inclusion platform Community Pass, the global pilot launch of the Payment Passkey Service in India which integrates biometrics and tokenisation for secure online checkout, and its role as an authorised Authentication Service Agency, enabling banking and government partners to offer Aadhaar-based services and benefits.
At the Pune Tech Hub, Mastercard employees collaborate to address some of the most complex technological challenges facing the world today, ensuring the reliability of critical infrastructure for secure, seamless, and efficient payments globally.
The new facility aims to deepen collaboration between Mastercard’s global teams and the Indian technology ecosystem.
The Pune Tech Hub’s innovative design features one of the company’s most sustainably designed offices globally, a teamwork-oriented, employee-centered space, and elements inspired by nature and local culture.
The new Pune Tech Hub augments Mastercard’s growing presence in India which spans offices in Gurugram, Mumbai, Hyderabad, Bengaluru and Vadodara.