A provider of services to letting agents has opened a ‘technology hub’ in India.

LetAlliance, which provides a broad range of referencing and insurance products including rent guarantees and nil deposits, has launched the facility in Gandhinagar.

Let Alliance Tech Hub India becomes a wholly owned subsidiary, and is entirely dedicated to developing the firm’s proposition for letting agents.

The 125-strong existing team in Chester remains unchanged.

The move follows the appointment of Mark Ker-Lindsay as the firm’s chief technology officer, and a decision to plough £1m into technology.

Let Alliance CEO Andy Halstead said: “This further investment is coming from earnings.

“We work with more than 2,000 letting agents and 2018 was a record year for us. We are ploughing money back into our business, making sure our customers remain ahead of the game.”