Following its recent investment round, Vegayan Systems has added Ashwin Raguraman and Rakesh Mathur to its Board of Directors. Vegayan is very excited to have such illustrious people join its Board and welcomes them.
Ashwin is the Chief Operations Officer at the India Innovation Fund (IIF) and brings extensive IT and venture industry experience. Rakesh is the early Angel investor in Vegayan and recognized globally as a very successful entrepreneur and business visionary from the Silicon Valley. Vegayan looks forward to strategic guidance and involvement from its new Board members to scale new heights in Business.
Vegayan announced that it has closed equity investment round in June, 2013 which was led by reputed venture fund, India Innovation Fund (IIF). The IIF fund focuses on early stage innovative and hi-tech product companies which are path-breaking in their respective fields. After rigorous process of technology and business validation, IIF committed to the business partnership in Vegayan.
India Innovation Fund is promoted by NASSCOM which is the premiere association of IT/ITES companies of India. IIF has several leading organizations (ICICI, Bharti Airtel, TCS, SIDBI, etc.) as its corporate partners in the investment fund.
Along with the IIF, several technology and business experts also participated in the investment round as co-investors. In addition, Vegayan’s early angel investor, Rakesh Mathur also participated in the round.
This investment round reinforces the strong business value created by Vegayan and its growth prospects.
The new corporate identity of Vegayan Systems has been inspired by the flight of bird. Just as a bird is able to cover great distances at high speeds, Vegayan Systems has created advanced networking products which has enabled its global communication network customers achieve greater performance and efficiency in managing their next generation networks.
As everyone must have noted, our website (www.vegayan.com) has also been revamped as per the new corporate identity.
Vegayan team once again decided to head towards Apta (Elysium Estates) for their grand weekend outing from 12th to 14th April. The venue was exclusively booked for Vegayan and the team had a gala time in terms of great food, team activity, games, boating and of course swimming as per the tradition!!!
Vegayan team inaugurated its Business Centre at Vikhroli (W) in August, 2012 for its Sales, Marketing and Delivery teams. This Business Centre has been primarily setup for handling customer related activities.
The Fourth International Conference on COMmunication Systems and NETworkS (COMSNETS) was held in Bangalore, India , from 3rd January 2012 to 7th January 2012. COMSNETS is a premier international conference to discuss developments in the Networking/ Communications Systems and Telecommunications services. The aim of the event is to provide a common platform for academia, industry and venture capitalists for discussing cutting edge researches as well as way forward for new innovative businesses and technologies.
Vegayan’s SiMPLuS product suite was selected for demo at COMSNETS 2012 in the “Demos & Exhibits” category (on 5 & 6 January). The event indeed provided a good platform to showcase Vegayan’s SiMPLuS suite to the participants. The participants (both from the academia & industry) at the SiMPLuS demo booth were quite impressed with the products’ capabilities demonstrated to them. Click here for more details on Demo & Exhibits.
i5Talk is a platform for the innovators and organizations dealing with technology to participate. The Talk drew the best speakers and demonstrations from customers, partners, employees, scholars and other industry leaders. i5Talk revolves around different themes each quarter and is conducted at various centers of Mahindra Satyam and Tech Mahindra, across the country. The themes for the event held on 23-SEPT-2011 was “INNOVATIONS & UPCOMING TECHNOLOGIES”. Dr. Girish Saraph was one of the speakers in the event. The entire presentation can be viewed here: http://www.mahindrasatyam.com/i5talks/past-i5Talks-sept2011.html#
We had a fun-filled and exciting weekend at Alibaug (12-13 Nov). It was a clubbed visit..firstly it was to attend a colleague’s wedding at Varsoli (Alibaug) and as the wedding venue was such a great weekend getaway for Mumbai people, we planned an overnight stay at one of the renowned resorts (Paradise Resorts, Mandwa).
We started off from Gate way of India to Alibaug through one of the regular ferry services. This is a good and quicker option to reach Alibaug. Travelling by ferry was awesome; on the way to Mandwa we could see lots of ships, speed boats and birds.
After reaching Mandwa jetty, we reached Alibaug to attend our colleague wedding at Parnakuti Resort, Varsoli village. The whole team enjoyed at the wedding and had a sumptuous lunch there. After greeting the blessed couple, we left for the other exciting part of our weekend fun.
On reaching the resort and after a small rest, we were all ready for fun in the swimming pool. After a long session in the pool, we were offered evening snacks. In the evening, we had lot of fun in team activities. Next came the dinner which was also quite filling.
Next morning, we all got up early to dive in the pool again along with some games in the pool itself (Nobody actually wanted to get out of the pool!!!). We also explored the places around the resort especially the river side. After having lunch and some rest, we started off for Mandawa jetty to catch a return ferry in the evening. The return journey was equivalently exciting.
We reached Colaba in an hour and along with the journey we took along beautiful memories of the weekend trip with the team.
It was one of the best times that we had with our group in Alibaug. I am sure no one would disagree. Hope we plan such exciting trip soon!!!
Vegayan shifted to its new premises after a Puja ceremony. Vegayan Team inaugurated the new and bigger office facility at Kailas Complex (Behind Hiranandani, Powai, Mumbai) on an auspicious day (ie. 21st Aug, 2011). The new office remarks a commitment by the company to grow its competency and size. The official inauguration included a religious ritual (Puja) followed by some small celebration cum party. The event was attended by Vegayan Team members and partners.
Yet again, Vegayan was one of the shortlisted companies for its innovative products at INNOVATIONS 2011 hosted by Persistent Systems at their sprawling campus in Pune. There were altogether 14 such companies which showcased their innovative technology/products at the event. It was a one day event which started off with a keynote speech by Mr. Chetan Maini – the man who designed India’s first electric car –“Reva”. This was followed by Innovator presentations (Group I) which included Vegayan’s presentation. The presentations were followed by a common Q&A session wherein lots of inquisitive queries were asked by the audience; with equally interesting answers from the Innovators.
This was followed by a lunch-break cum exhibition at the exhibit floor where the Innovators had setup their stalls for showcasing their innovative ideas/products. Vegayan stall also had a good number of visitors who wanted to get more details about our company and products, our customers, the markets we cater etc.
After about an hour at the exhibit floor, we were again ready for yet another exciting round of Innovator presentations (Group II) and a common Q&A session. This was followed by a short tea break.
In the last session, an interesting presentation was delivered by L R Natarajan of Titan Industries- Jewellery Business Unit (Tanishq) on how its innovative practices revamped the jewellery business in India.
It was indeed a wonderful experience watching Innovators present and demonstrate their novel ideas. Few of these were quite impressive and if implemented, would bring in lot of benefits for the common man in terms of utility and affordability.
For more details on the event and the innovations presented, log on to http://www.iitbombay.org/news/Current/innovations-2011-pune
Keep innovating !!!