Advertisment

Celstream Technologies: Developing SW for New-economy Apps

author-image
DQI Bureau
New Update

Brijesh Wahi, Managing DirectorWhether

it is WAP-enabled mobile phones, interactive television that allows extending

the Internet into an ordinary television program or the ability to access any

content, anywhere, anytime; the convergence of the Internet, wireless and

broadcast television are changing the way people interact. At such a time, the

new economy is not looking for just innovation, but ideas that will drive change

at a much faster pace. Celstream Technologies is positioning itself as a

back-end software solutions provider in all the these new economy areas.

Advertisment

Fact Sheet

Start-up Year: 2000



CEO/MD: Brijesh Wahi


Management: Brijesh Wahi, Kunal Kashyap, Anirudh Mathuria, D Rajagopalan, John Abraham, K Sriraman, Naresh Victor, Ranga Raj, Vasu Krishnamurthy


Partners and Alliances: ContentGuard, Grass Valley Group, Tektronix and Xerox


Funding: ICICI Venture Funds, Grass Valley Group, Tektronix


Products and Services: Software solutions and services


Address: Samrah Plaza


4/2 St Mark’s Road


Bangalore 560001


Tel: 2215535


Fax: 2215552


Web site: www.celstream.com 


Contact: Naresh Victor, 


VP, marketing


E-mail: naresh.victor@celstream.com












The company’s business model is currently aimed at

operating in three distinct areas–product development services, project

services (application services and consulting) and its own software for sale or

OEM activities. Celstream plans to build competencies in asset and media

management, rights management, Web casting, network management, embedded

systems, product development and networking protocols. Celstream has identified

the US, Europe and Australia as its key markets.

Funded by strategic investments from ICICI Venture Funds,

US-based Grass Valley group and Tektronix, Celstream began operations in April

2000 with a solid foundation. While Tektronix provides measurement solutions to

the global communication, semiconductor and computer industries, the Emmy

award-winning Grass Valley group is engaged in video and broadcasting–especially

digital video in interactive television, digital cinema, data-enhanced

broadcasting and the Internet. ICICI has made an investment that it says is

among the largest made in any privately-held organization. Other partners for

Celstream’s products include Xerox and ContentGuard.

Another striking fact about this company is that it has been

cash-positive ever since it commenced its operations. But it is feeding the cash

troughs of investors by accelerating product development, meeting market

introduction deadlines, expanding development facilities and opening marketing

offices in the US.

In its first year of operations alone, Celstream managed to procure contracts

worth $10 million, which will take its first year’s revenues to Rs 47 crore.

And that’s just the beginning. With funding and sources of revenue in place,

we expect Celstream to be among the happening companies in 2001. DQ

Advertisment