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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
Products Corporate network, Internet access, online portal, e-commerce, e-learning software[2]
Revenue Increase US$172,530,000 (FY 2012)[2]
Website sifycorp.com

Sify (formerly Satyam Infoway Ltd.)[3] is an 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 122.20 crore for a 24.5% stake in IndiaWorld Communications. Later, it acquired the remaining shares for 325.40 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 "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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14204 news items

Property Mentor
Wed, 19 Nov 2014 03:03:45 -0800

On last trading day Sify Technologies Limited (NASDAQ:SIFY) advanced 1.23% to close at $1.65. Its volatility for the week is 3.42% while volatility for the month is 3.75%. SIFY's sales growth for past 5 years was 11.20% and its EPS growth for past 5 ...

India West

India West
Fri, 21 Nov 2014 14:18:45 -0800

Raju Vegesna is managing director and chairman of Sify Technologies. Manoj Bhargava, founder and chairman of Five Hour Energy, has also pledged $500,000. Retired diplomat N. Parthasarathi, who last served as India's Consul General in San Francisco, ...


Sat, 22 Nov 2014 00:37:30 -0800

Talking about the capital of Bihar i.e. Patna though the internet service providers boosts about the different plans and reliable services but the end result is still the same. Whether its World Phone or Siti Broadband or Sify Broadband or Tata Indicom ...
Fri, 17 Oct 2014 06:52:30 -0700

Sify Technologies Limited (Nasdaq:SIFY), a leader in Managed Enterprise, Network, IT and Software services in India with global delivery capabilities over a Tier I telecom backbone infrastructure in India, will visit the Nasdaq Market Site in Times Square.
GlobeNewswire (press release)
Thu, 09 Oct 2014 23:45:00 -0700

MILPITAS, Calif., Oct. 10, 2014 (GLOBE NEWSWIRE) -- Sify Technologies Limited (NASDAQ NM: SIFY), headquartered in Chennai, India, a leader in Managed Enterprise, Network, IT and Software services in India with global delivery capabilities and a ...
Mon, 20 Oct 2014 12:58:52 -0700

Sify Technologies Limited (SIFY) operates managed enterprise, network, IT and software services in India. The company plans to expand in the U.S. and employ talent in America to work on some of their signature clients that could include Hewlett-Packard ...
WallStreet Scope
Wed, 29 Oct 2014 06:52:30 -0700

On October 16, Sify Technologies Limited (NASDAQ:SIFY) announced its consolidated results under International Financial Reporting Standards (IFRS) for the second quarter of fiscal year 2014-15. Revenue for the quarter ended September 30, 2014 was ...
VC Circle
Fri, 20 Jun 2014 01:25:40 -0700

Please take a backup of all data on your @sify.com ID before 12.00 AM (IST) 01st of July 2014. In-case you plan to move to another service provider, we request you to start downloading all your data from your Sify mailbox via POP3/IMAP at the earliest.

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