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Sify Technologies Ltd.
Industry Internet
Genre Information and Communication Technology
Founded 12 December 1995[1][2]
Headquarters Taramani,[2] Chennai, India
Area served
India, United States of America, United Kingdom, Singapore, Dubai[2]
Products Corporate network, Internet access, online portal, e-commerce, e-learning software[2]
Revenue Increase US$172,530,000 (FY 2012)[2]
Number of employees
Website sifycorp.com

Sify (formerly Satyam Infoway Ltd.)[3] is an Indian information and communications technology company. It was a subsidiary of Satyam Computers before being sold to Infinity Capital Ventures.[4] Sify played an important role during the early spread of Internet and e-commerce in India.


In November 1999, Sify paid 122.2 crore for a 24.5% stake in IndiaWorld Communications. Later, it acquired the remaining shares for 325.4 crore on 30 June 2000.[3]

In 2000, Sify sponsored the India Olympics team.[5] In March 2001, Sify made an agreement with Makemytrip to run Sify's travel portal.[6] In January 2002, Sify announced prizes for most emails sent under a 6-week contest called "Sify Greenmail", promoting emails as an ecofriendly way of communication.[7]

Sify used to run the i-way chain of Internet cafes.[8] In 2002, Sify introduced wireless last mile connections with speeds up to 256 kbps.[9] By August 2003, it had over 1,000 i-Way cyber cafes in India.[10] In December 2003, Sify launched video-conferencing facilities in its Internet cafes.[11]

In 2004, Sify, with Level Up Games, launched a MMORPG.[12] In June 2004, the Supreme Court of India set a legal precedent regarding domain names in the Satyam Infoway Ltd. v. Sifynet Solutions Pvt. Ltd. lawsuit.[1]

In November 2005, Satyam sold its remaining 31.61% shares in Sify to Infinity Capital Ventures, which is owned by Raju Vegesna, for US$62.62 million.[4]


  1. ^ a b Anurag K. Agarwal (2010). Business and Intellectual Property: Protect Your Ideas. Random House India. pp. 59–60. ISBN 978-81-8400-167-9. Retrieved 24 July 2014. 
  2. ^ a b c d e f "Sify Technologies Ltd. ADS". Wall Street Journal. Retrieved 24 July 2014. 
  3. ^ a b "Sify takes IndiaWorld with revised settlement". The Hindu Business Line. 3 July 2000. Retrieved 24 July 2014. 
  4. ^ a b "Satyam sells Sify to Silicon Valley's Raju Vegesna". DNA India. 10 Nov 2005. Retrieved 24 July 2014. 
  5. ^ "Satyam sponsors Olympic team". Tribune India. 26 August 2000. Retrieved 24 July 2014. 
  6. ^ "Makemytrip allies with Coke, Maruti, Sify -- Travel portal targets 300% growth". The Hindu Business Line. 28 March 2001. Retrieved 24 July 2014. 
  7. ^ "Help plant more trees through ‘Sify Greenmail’". Tribune India. 19 January 2002. Retrieved 24 July 2014. 
  8. ^ "New entrant in Internet service - BSNL to introduce broadband network in city". The Telegraph (India). 26 May 2004. Retrieved 24 July 2014. 
  9. ^ "Last mile connection goes wireless". The Hindu. 11 April 2002. Retrieved 24 July 2014. 
  10. ^ "Cyber cafe opened at IGI airport". The Hindu. 20 August 2003. Retrieved 24 July 2014. 
  11. ^ "Sify launches video-conferencing". Tribune India. 10 December 2003. Retrieved 24 July 2014. 
  12. ^ "PC games becoming more popular in Chennai". The Hindu. 2 May 2005. Retrieved 24 July 2014. 

External links[edit]

Original courtesy of Wikipedia: http://en.wikipedia.org/wiki/Sify — Please support Wikipedia.
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88621 news items

Sify News

Sify News
Sat, 30 Apr 2016 21:18:45 -0700

Today (May 1st) is Thala Ajith's birthday. For a change, instead of singing hosannas about him, sify.com lists out ten interesting facts of Ajith Kumar as a person and also as a star! Here we go…. Surprise gift for his kids. Thala Ajith has a ...

GlobeNewswire (press release)

Seeking Alpha
Fri, 22 Apr 2016 07:26:15 -0700

Good morning and welcome to the Sify Technologies Limited Conference Call, following the earnings announcement for the year ending March 31, 2016. At this time, all participants are in a listen-only mode. A question-and-answer session will follow the ...

Sify News

Sify News
Sat, 30 Apr 2016 23:11:15 -0700

Superstar Rajinikanth is back with a bang! Kabali teaser is just out and fans are going gaga over the style samrat's effortless screen presence, trademark guffaw and powerful dialogue delivery punching straight at the faces of haters who mocked the ...
Thu, 28 Apr 2016 05:56:15 -0700

SANTA CLARA, Calif., April 28, 2016 -- Sify Technologies Limited (NASDAQ: SIFY), headquartered in Chennai, India, a leader in Managed Enterprise, Network, IT and Applications services in India with global delivery capabilities, has won the award for ...

Business Standard

Times of India
Fri, 22 Apr 2016 16:36:32 -0700

CHENNAI: Sify Technologies (Sify), posted a net profit of 43.6 crore for FY 15-16, up 16% from last year. It's EBITDA (earnings before interest, taxes, depreciation and amortisation) stood at 245 crore recording a 22% increase. while its revenues stood ...
GlobeNewswire (press release)
Mon, 18 Apr 2016 03:41:15 -0700

SANTA CLARA, Calif., April 18, 2016 (GLOBE NEWSWIRE) -- Sify Technologies Limited, Headquartered in Chennai, (NASDAQ NM: SIFY), a leader in Managed Enterprise, Network, IT and Software services in India with global delivery capabilities, today ...

Sify News

Sify News
Thu, 28 Apr 2016 20:22:30 -0700

Manithan is a feel-good satire, a remake of the Bollywood courtroom drama, Jolly LLB. The film throws light at our system and the sad state of affairs where witnesses go missing, evidence can be manipulated, people can be bought and the best lawyers in ...

Sify News

Sify News
Fri, 29 Apr 2016 02:00:00 -0700

Introducing the title and crew of his new film Sabash Naidu, Kamal Haasan has also touched Nadigar Sangam issues and the recent controversy on the absence of Ajith and Vijay at the star cricket match, a fund raiser for Nadigar Sangam building. “Ajith ...

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