To position Hyderabad as the leading intellectual capital of the world, by nurturing entrepreneurship, research and innovation, to achieve global excellence in IT products and services.

FAQ

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Who can become a member of HYSEA ?

Any firm, society, company or division thereof registered or incorporated in India and conducting business in IT software, IT services, Internet, e- commerce or IT enabled services, and/or associated services is eligible to apply for membership provided:
  • Its main activity is the development of IT software and services or associated services;
  • It performs this activity for commercial gain, and
  • It has a minimum turnover of Rs. 0.5 million in software and/or associated services.
  • It intends to export IT software and services or associated services

Are individuals eligible to become members of HYSEA ?

No, membership is restricted only to the categories mentioned above.

Is registration with STPI a requirement to register with HYSEA ?

Yes, it is desirable for a member to be registered with STPI, but if you are not, HYSEA may ask for a prior due diligence from an existing member company nominated for this purpose.

Is the membership fee uniform for all HYSEA members?

No, the membership fee is based on the revenue of the company and is as follows:

  • Rs.30,000/- per year for all members with an annual revenue exceeding Rs.25 crores
  • Rs.10,000/- per year for members with annual revenue exceeding Rs.1 Crore up to Rs. 25 crore.
  • Rs.5, 000/- for all members with annual revenue unto Rs.1 Crore.

Note: Members are required to give evidence on the revenue figures in support where necessary. HYSEA (formerly ITsAP) also collects this information from STPI, Hyderabad.