Telangana s Minister for Industry and Information Technology K.T. Rama Rao shared the news on Monday. What better way to start the week than to welcome a top Fortune-500 company Delighted to announce that BFSI major US based @massmutual is setting up their Global Capability Centre in Hyderabad, Telangana, tweeted Rama Rao. The minister said will be the company s first centre outside the US with initial investment of Rs 1,000 crore. The Massachusetts Mutual Life Insurance Company, also known as MassMutual, is a Springfield, Massachusetts-based life insurance company. MassMutual provides financial products such as life insurance, disability income insurance, long term care insurance, retirement, and annuities.