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Bangalore, September 24, 2006:
Proteans (www.proteans.com) has been awarded "Excellence in Entrepreneurship" Award in the PAN IIT PAN IIM Entrepreneurs Forum on September 23, 2006 in Bangalore. There were more than 180 participants in this forum coming from across India, and this award vindicates Proteans leadership in Outsourced Product Development space.
Proteans, a Microsoft Gold Certified Partner, is a company of first generation entrepreneurs coming from IIT Delhi and IIT Kanpur and they have demonstrated a growth of over 300% annually over past 3 years. Proteans has successfully received funding from KITVEN to finance their expansion plans. Proteans has offices in Atlanta, Georgia and two development centers in Bangalore. Sudhakar Gorti, CEO of Proteans said, “Proteans was specifically chosen because of strong focus on product engineering and leadership in an upcoming IT niche by demonstrating great customer success stories.”
PAN IIT and PAN IIM Entrepreneurs Forum September 23, 2006 was a full day event at The Oberoi, Bangalore for close interaction between IIT and IIM entrepreneurs, successful business persons and venture capitalists to strengthen the spirit of entrepreneurship. Bangalore Chapters of Alumni Associations of IIT Delhi and IIT Kanpur were involved in organizing this PAN IIT PAN IIM event.
This event was open to all the entrepreneurs, or to-be-entrepreneurs any IIT or IIM or even beyond. The enthusiastic response to this event has been a tribute to the entrepreneurial spirit of new India, and more than 400 registration requests were received.
The motivation for this event is to have a unified approach and build an ecosystem which caters to budding entrepreneurs throughout their ventures – inception, getting funding, and execution till exit. Many successful people want to start on their own today, given the tremendous opportunities unleashed around the globe that they can take advantage of while being in India. The stimulating business climate, technology advancement and success stories of IIT and IIM alumni and Indian entrepreneurs are added charms. This event aims to build a long sustaining forum with frequent interactions where entrepreneurs, to-be-entrepreneurs, accomplished business people and venture capitalists can come and share their ideas, experience and leverage resources with a singular focus – SUCCESS.
About Alumni Associations of IITs
Alumni associations of Indian Institutes of Technology are playing an active role globally in the transformation of business and society. Apart from organizing business focused events and promoting Indian entrepreneurship, they are very active in social entrepreneurship and educational initiatives. They are actively involved in creating the PAN IIT forum.
Media contact:
Prashant Singh
Phone: +91 080 6618 6500
Fax Number: +91 080 4121 7536
Email: prashant.singh@proteans.com
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