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All along Reachout has been predominantly featuring the Businessmen of the Old Economy and starting from this month we will be giving more profiles on the Businessmen of the New Economy who are indeed shaping up a big map for themselves in the new and emerging technologies. Mr.Tirumala Prasad Siripurapu of Indus Networks is one such entrepreneur in the new horizon.

"The Businessman of the New Economy"

Mr.Tirumala Prasad Siripurapu - Managing Director of Indus Networks is a Graduate in Electrical Engineering from Regional Engineering College, Warangal and has an M.S. Degree in Computer Science from Wayne State University, U.S.A.

He is the Managing Director of Indus Networks, a software services company which was incorporated in the year 1996 . Since early 1999, it is into development and implementation of eBusiness Solutions for global markets with a specialised focus on Medical transtriptions.

Indus Networks delivers the Competitive Edge to its clients through eBusiness Solutions. Portal Services, Software Services & Systems and Wireless Application Services are key business streams at Indus.Over 225 dynamic IT professionals work on a 24 x 7 schedule out of a vibrant state-of-the-art software centre in Hyderabad.

Operations are organized into Strategic Business Units (SBUs) so that customer-focus is constantly maintained and commitments are always met. An international class work place, a highly motivated work force, a mature management team and an impressive list of clients, have all quickly put Indus amongst India's serious players in Information Technology.

The Rs 15.72 crore company recorded a profit before tax of Rs.3.88 crore for the 18-month period ended September. As on September 22,market capitalization of the Company stood at Rs 24.95 crore.When the Company went Public, their issue had been oversubscribed by over 173 times.

Mr. Siripurapu has two decades of experience in Information Technology, Project Development and Business Management. He was a Senior Consultant at Burroughs Inc., U.S.A. and had gained rich experience in design and implementation of IT solutions for a variety of government, audit and business applications.

Mr.Siripurapu moved to India in the late 80s and as a consultant authored solutions for clients in the Andhra Pradesh government departments and private sectors. Mr. Siripurapu held key management positions in the engineering industry and understands business from the management's perspective.

He is one of the founder-members of the Andhra Pradesh Chapter of the Internet Society, a worldwide body shaping policies and guidelines for the Internet.

Reachout looks forward for the grand success of Indus Networks in the global market which has been attracting Indian Software companies like never before.