Ordyn Technologies appoints Venkat Rajendran as Chairman

Published on Wed, Dec 12, 2007 at 17:14 |  Source : Moneycontrol.com

Updated at Wed, Dec 12, 2007 at 19:16  

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The Board of Directors of Ordyn Technologies Pvt. Ltd. (Ordyn) today announced the appointment of Mr. R.Venkat Rajendran as its new Executive Chairman.

 

Announcing the appointment, Mr R.Venkatesh, the CEO of Ordyn said Mr.Rajendran is a pioneer in Telecom technologies in the country and Ordyn is glad to have him in his new position. He said Mr Rajendran will help shape the strategic direction for the company and will be guiding the company in its new initiatives to take the company to the next higher level, he added.

 

Mr.Venkat Rajendran will be taking over from Mr V.Rajagopalan, the founding Chairman of the company. Mr.Rajagopalan, a former director of ITI and distinguished telecom technology veteran, will now become the Chief Mentor in which position he will continue to guide the company. Under Mr. Rajagopalan's stewardship Ordyn has grown from a startup with Rs 5 Cr revenue in FY '06 to Rs 250 Cr in the current Financial year. As the new Chairman, Mr. Rajendran's is expected to guide the company to achieve the next major milestone to become a Billion dollar telecom product company.

 

Ordyn is a fast growing, Bangalore based, Telecom technology company. Within a short time of 6 years from its inception, Ordyn powered its way into a complex telecom market and today is a leading supplier of optical transport and other telecom equipments to Telecom majors like BSNL , MTNL , Ericsson, Nokia and others in India and other markets. Ordyn has so far received about Rs 70 Crores in the form of Equity and mezzanine funding.

 

Speaking on his appointment, Mr Venkat Rajendran said, "I am pleased and honored to join Ordyn. It is an exciting young company poised for exceptional growth. From my early days at C-DOT, I always believed that Indian engineers can build world-class telecom products and Ordyn is a living proof. I look forward to working with Ordyn customers, partners and the young and highly energetic team at Ordyn over the coming years. The company is well set to become a leading supplier of telecom equipment in the Indian and International telecom markets."

 

Mr Venkat Rajendran has a successful track record in the telecom technology industry in India and has been associated with it in its various stages of evolution. With 30 years background in telecom, Mr Rajendran has significant experience in building carrier class telecom products for emerging markets. He was part of Mr Sam Pitroda's core group that founded C-DOT and as a Divisional Manager and a key design leader. He led a large software design team for building a family of central office switches. In 1994, he co-founded Deccanet Designs Ltd., a telecom products and design services company. In 2004, Flextronics acquired Deccanet at an attractive valuation. As part of the acquisition terms, Mr.Rajendran became a Vice President at Flextronics International , responsible for Flextronics Design operations in India and China. After Flextronics, he has founded Billionways a holding company through which he is managing his multiple new ventures in India and abroad. 

 

Sourced From: Sampark Public Relations Pvt Ltd

  

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