Category "News"

Chennai, India, Friday, January 10, 2025: Sify Technologies Limited (NASDAQ: SIFY), India’s leading ICT solutions provider with global service capabilities spanning Data Center, Cloud, Networks, Security and Digital services, today announced that it will report its unaudited IFRS financial results for the Third Quarter ended December 31, 2024 on Friday, January 17, 2025 before the market opens.

In conjunction with the announcement, Sify will host a conference call at 8:30 AM ET with Mr. Raju Vegesna, Chairman of the Board and Mr. M P Vijay Kumar, Executive Director & Group CFO. Interested parties may participate by dialling +1-888-506-0062 (Toll Free in the U.S. or Canada) or +1-973-528-0011 (International), which will also be simultaneously broadcast live over the Internet at
www.sifytechnologies.com/investors or https://www.webcaster4.com/Webcast/Page/2184/51869

Please allow extra time prior to the call to visit the site and download the streaming media software required to listen to the Internet broadcast.

The online archive of the Webcast will be available shortly after the conference call. Investors can also listen to the replay by dialling +1-877-481-4010 (Toll Free in the U.S. or Canada) or +1-919-882-2331 (International) and entering the replay passcode 51869. Please allow for some time post conference call to access the archive of the Webcast. The replay is available until January 24, 2025.

About Sify Technologies

A multiple times Golden Peacock award winner for Corporate Governance, Sify Technologies is India’s most comprehensive ICT service & solution provider. With Cloud at the core of our solutions portfolio, Sify is focussed on the changing ICT requirements of the emerging Digital economy and the resultant demands from large, medium and small businesses.

Sify’s infrastructure comprising state-of-the-art Data Centers, the largest MPLS network, partnership with global technology majors and deep expertise in business transformation solutions modelled on the cloud, make it the first choice of start-ups, SMEs and even large Enterprises on the verge of a revamp.

More than 10000 businesses across multiple verticals have taken advantage of our unassailable trinity of Data Centers, Networks and Digital services and conduct their business seamlessly from more than 1600 cities in India. Internationally, Sify has presence across North America, the United Kingdom, UAE and Singapore.

Sify, www.sify.com, Sify Technologies and www.sifytechnologies.com are registered trademarks of Sify Technologies Limited.

Forward Looking Statements

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The forward-looking statements contained herein are subject to risks and uncertainties that could cause actual results to differ materially from those reflected in the forward-looking statements. Sify undertakes no duty to update any forward-looking statements.

For a discussion of the risks associated with Sify’s business, please see the discussion under the caption “Risk Factors” in the company’s Annual Report on Form 20-F for the year ended March 31, 2024, which has been filed with the United States Securities and Exchange Commission and is available by accessing the database maintained by the SEC at www.sec.gov, and Sify’s other reports filed with the SEC.

For further information, please contact:

NVIDIA AI Summit, Mumbai, India, Oct 23, 2024: Sify Technologies Limited (NASDAQ: SIFY), India’s leading Digital ICT solutions provider with global service capabilities spanning Data Center, Cloud, Networks, Security and Digital services, today announced the launch of GPU Cloud, CloudInfinit^+AI Platform offering GPU As A Service.

Sify CloudInfinit^+AI offer Enterprise cloud users GPU-as-a-Service (GPUaaS). This platform is a tangential leap over Sify’s existing portfolio of services. GPU-as-a-Service is a cloud-based offering that provides users with access to powerful Graphics Processing Units (GPUs) on a pay-as-you-go basis. This service is designed to support compute-intensive tasks such as machine learning, deep learning, model training, inferencing, data analytics, rendering, and scientific simulations, which require significant processing power.

Key Features of the service will be Scalability where users can scale their GPU resources both ways, allowing for flexibility in handling varying workloads without the need for significant capital investment in hardware, accessibility of high-performance computing to a wider range of users, including startups and small businesses that may not have the resources to invest in expensive GPU infrastructure and the cost-effectiveness of using a subscription model. Importantly, GPU as a Service democratizes access to high-performance computing resources, enabling organizations to leverage advanced technology for innovation and efficiency.

At the launch, Vijay Bellam, Chief Product Officer, Sify said, “CloudInfinit^+AI is a critical milestone in Sify’s progression as a digital transformation partner. Very recently, we became the first service provider in India to achieve NVIDIA DGX-Ready Data Center certification for liquid and air cooling. With CloudInfinit^+AI, we are strengthening our portfolio beyond Data Center, Network Enterprise Cloud and Managed Services offering GPU Cloud supporting and uniquely positioned to support hybrid cloud deployments by offering low-latency interconnect to hyperscale clouds and cloud adjacent high-density colocation that will support a broad range of AI Workloads”.

About Sify Technologies

A multiple times Golden Peacock award winner for Corporate Governance, Sify Technologies is India’s most comprehensive ICT service & solution provider. With Cloud at the core of our solutions portfolio,
Sify is focussed on the changing ICT requirements of the emerging Digital economy and the resultant
demands from large, medium and small businesses.

Sify’s infrastructure comprising state-of-the-art Data Centers, the largest MPLS network, partnership
with global technology majors and deep expertise in business transformation solutions modelled on
the cloud, make it the first choice of start-ups, SMEs and even large Enterprises on the verge of a
revamp.

More than 10000 businesses across multiple verticals have taken advantage of our unassailable trinity
of Data Centers, Networks and Digital services and conduct their business seamlessly from more than
1600 cities in India. Internationally, Sify has presence across North America, the United Kingdom, UAE
and Singapore.

Sify, www.sify.com, Sify Technologies and www.sifytechnologies.com are registered trademarks of Sify Technologies Limited.

Forward Looking Statements

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The forward-looking statements contained herein are subject to risks and uncertainties
that could cause actual results to differ materially from those reflected in the forward-looking
statements. Sify undertakes no duty to update any forward-looking statements.

For a discussion of the risks associated with Sify’s business, please see the discussion under the caption “Risk Factors” in the company’s Annual Report on Form 20-F for the year ended March 31, 2024, which has been filed with the United States Securities and Exchange Commission and is available by accessing the database maintained by the SEC at www.sec.gov, and Sify’s other reports filed with the SEC.

For further information, please contact:

Chennai, India, Oct 14, 2024: Sify Technologies Limited (NASDAQ: SIFY), India’s leading Digital ICT solutions provider with global service capabilities spanning Data Center, Cloud, Networks, Security and Digital services, today announced the appointment of Ms. Padmaja Chunduru as Director on the Board of Sify Technologies
Limited.

A career banker with a reputation for quiet, efficient disruption, Ms. Chunduru, previously led important functions at India’s largest bank, State Bank of India, both in India and the United States. Post SBI, as MD & CEO at Indian Bank, she was tasked with its merger with Allahabad Bank. The seamless execution between two diametrically opposite Indian banking institutions, is today an essential reference point in M&A studies and is chronicled as a case study “Merger of Equals” by Harvard Business School Publishing.

These gender-defying roles led her to the corner office of the National Securities Depository Limited (NSDL) as the MD & CEO, where she was instrumental in developing a pioneering DLT Blockchain based platform for Security and Covenant Monitoring of Corporate Debt.

A staunch evangelist of technology in business, she tapped into the emerging comfort among women with Fintech to bring more of them into the world of securities while simultaneously laying the roadmap for the market listing of NSDL.

Until recently, she was a Director on the Boards of LIC (Life Insurance Corporation of India), NPCI (National Payments Corporation of India), ISSA (International Securities Services Association) and ACG (Asia Pacific Central Depository Group),Institute of International Bankers and Asia Society, New York and Non-Executive Chairperson (Nominee Director) of Universal Sompo General Insurance Company Limited.

She is currently a member of the Insurance Advisory Committee of IRDAI (Insurance Regulatory and Development Authority of India) and the Centre for Corporate Governance and Sustainability, IIM, Bangalore. Ms. Chunduru is also a Certified Associate of Indian Institute of Bankers.

She has been awarded Best CEO (BFSI) for 2021 by Business Today and Best CEO 2021 for Women Leadership by Economic Times. She has been acknowledged as one of the Most Powerful Women (MPW) in Business by Fortune India and Business Today, for 2022 and 2023.

Welcoming her to the Board, Mr. Raju Vegesna, Chairman, said, “Ms. Chunduru brings to Sify the right experience of integrity, corporate governance and digital financial initiatives. In our ongoing evolution as a Digital Transformation partner for our clients, these are valuable mentoring avenues that Sify will benefit from. On behalf of Sify, it gives me immense pleasure to have her join us.”

Commenting on her appointment, Ms. Chunduru, remarked, “Sify has a reputation of being a disruptor in the ICT space with a successful track record of projects across multiple verticals. This wide breadth of transformative knowledge is extremely important in an evolving digital-aware market like India. By taking on this responsibility, I hope to translate my experience into productive mentoring, while ensuring that stakeholder interests are safeguarded, and corporate governance is adhered to in letter and spirit.”

About Sify Technologies

A multiple times Golden Peacock award winner for Corporate Governance, Sify Technologies is India’s
most comprehensive ICT service & solution provider. With Cloud at the core of our solutions portfolio,
Sify is focussed on the changing ICT requirements of the emerging Digital economy and the resultant
demands from large, medium and small businesses.

Sify’s infrastructure comprising state-of-the-art Data Centers, the largest MPLS network, partnership with global technology majors and deep expertise in business transformation solutions modelled on the cloud, make it the first choice of start-ups, SMEs and even large Enterprises on the verge of a revamp.

More than 10000 businesses across multiple verticals have taken advantage of our unassailable trinity of Data Centers, Networks and Digital services and conduct their business seamlessly from more than 1600 cities in India. Internationally, Sify has presence across North America, the United Kingdom, UAE and Singapore.

Sify, www.sify.com, Sify Technologies and www.sifytechnologies.com are registered trademarks of Sify Technologies Limited.

Forward Looking Statements

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The forward-looking statements contained herein are subject to risks and uncertainties that could cause actual results to differ materially from those reflected in the forward-looking statements. Sify undertakes no duty to update any forward-looking statements.

For a discussion of the risks associated with Sify’s business, please see the discussion under the caption “Risk Factors” in the company’s Annual Report on Form 20-F for the year ended March 31, 2024, which has been filed with the United States Securities and Exchange Commission and is available by accessing the database maintained by the SEC at www.sec.gov, and Sify’s other reports filed with the SEC.

For further information, please contact:

Chennai, India, Oct 09, 2024: Sify Infinit Spaces Limited, a wholly owned subsidiary of Nasdaq listed Sify Technologies Limited, today announced the listing of its first market offering in the form of Listed, Secured, Redeemable, Non-Convertible Debentures. The issue aggregating to INR 250,00,00,000 was fully subscribed.

The Company’s 15-year bonds were subscribed by the Investors at a coupon rate of 8.95%.

The NCD is rated as AA- (Double A minus) by CARE. The company also announced the listing of the NCDs on the Bombay Stock Exchange at close of market Friday, October 04, 2024.

The debentures are secured by the Moveable Fixed Assets and Receivables pertaining to specific Data Centers. The proceeds from the issue have been used to repay the outstanding Bank Term loans against them.

M/s India Infradebt anchored the issue and subscribed with INR 75 Crores. Kotak Infrastructure Debt Fund and NIIF Infrastructure Finance Limited have subscribed INR 140 Crores and INR 35 Crores respectively.

Trust Group was the sole arranger of the abovesaid issue.

Ganesh Sankararaman, Head – Group Corporate Finance, Sify said, “The successful market listing is a critical external validation. It shows our bankers and institutional investors trust in our roadmap and the confidence in our abilities to become India’s leading AI-ready colocation services provider”.

About Sify Technologies

A Fortune India 500 company, Sify Technologies is India’s most comprehensive ICT service & solution provider. With Cloud at the core of our solutions portfolio, Sify is focussed on the changing ICT requirements of the emerging Digital economy and the resultant demands from large, mid and smallsized businesses.

Sify’s infrastructure comprising state-of-the-art Data Centers, the largest MPLS network, partnership with global technology majors and deep expertise in business transformation solutions modelled on the cloud, make it the first choice of start-ups, SMEs and even large Enterprises on the verge of a revamp.

More than 10000 businesses across multiple verticals have taken advantage of our unassailable trinity of Data Centers, Networks and Digital services and conduct their business seamlessly from more than 1600 cities in India. Internationally, Sify has presence across North America, the United Kingdom and Singapore.

Sify, www.sify.com, Sify Technologies and www.sifytechnologies.com are registered trademarks of Sify Technologies Limited.

Forward Looking Statements

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The forward-looking statements contained herein are subject to risks and uncertainties that could cause actual results to differ materially from those reflected in the forward-looking statements. Sify undertakes no duty to update any forward-looking statements.

For a discussion of the risks associated with Sify’s business, please see the discussion under the caption “Risk Factors” in the company’s Annual Report on Form 20-F for the year ended March 31, 2024, which has been filed with the United States Securities and Exchange Commission and is available by accessing the database maintained by the SEC at www.sec.gov, and Sify’s other reports filed with the SEC.

For further information, please contact:

Chennai, India, September 02, 2024: Sify Technologies Limited (NASDAQ: SIFY), India’s leading Digital ICT solutions provider with global service capabilities spanning data center, cloud, networks, security and digital services, today announced it has become an NVIDIA colocation partner with the NVIDIA DGX-Ready Data Center
program, certified for liquid cooling.

The certification represents Sify’s data center deployment solution specifications to support 130 KW/rack capacity. The cooling solution also complies with ASHRAE’s 30 years ambient temperature guidelines.

NVIDIA DGX is a purpose-built platform for enterprise AI, powering AI workloads spanning analytics, training, and inference. It offers advanced compute density, performance and scale with a single, unified system that can power the complete enterprise AI lifecycle.

With the NVIDIA DGX platform and its supporting infrastructure technology ecosystem, Sify customers now have access to high-density supercomputing and powerful performance, offered in scalable and flexible AI infrastructure solutions and accessed through an extensive colocation footprint.

Speaking on the significant certification, Sharad Agarwal, CEO, Sify Infinit Spaces Limited, the data center subsidiary of Sify Technologies Limited, said “Sify’s data center business offers industry-grade cooling solutions. As AI/ML evolves across industries, Sify will be able to offer complete NVIDIA DGX-powered colocation along with NVIDIA’s advanced enterprise AI and data science software out of our MumbaiRabale campus and the upcoming premises of Noida and Chennai-Siruseri. We continue to invest in capacity across all our AI-ready data centers which are purposebuilt to support this emerging ecosystem in the data center industry.”

“AI is emerging as the competitive differentiator for businesses, and many organizations are looking for a colocation partner who can speed time to market, with the ability to securely host and scale AI infrastructure,” said Tony Paikeday, senior director, DGX platform, NVIDIA. “As India’s first NVIDIA DGX-Ready Data Center partner certified for liquid cooling, Sify offers enterprises a cost-effective solution that helps meet enterprise AI infrastructure requirements.”

About Sify Technologies

A Fortune India 500 company, Sify Technologies is India’s most comprehensive ICT service & solution provider. With Cloud at the core of our solutions portfolio, Sify is focussed on the changing ICT requirements of the emerging Digital economy and the resultant demands from large, mid and smallsized businesses.

Sify’s infrastructure comprising state-of-the-art Data Centers, the largest MPLS network, partnership with global technology majors and deep expertise in business transformation solutions modelled on the cloud, make it the first choice of start-ups, SMEs and even large Enterprises on the verge of a revamp.

More than 10000 businesses across multiple verticals have taken advantage of our unassailable trinity of Data Centers, Networks and Digital services and conduct their business seamlessly from more than 1600 cities in India. Internationally, Sify has presence across North America, the United Kingdom and Singapore.

Sify, www.sify.com, Sify Technologies and www.sifytechnologies.com are registered trademarks of Sify Technologies Limited.

Forward Looking Statements

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The forward-looking statements contained herein are subject to risks and uncertainties that could cause actual results to differ materially from those reflected in the forward-looking statements. Sify undertakes no duty to update any forward-looking statements.

For a discussion of the risks associated with Sify’s business, please see the discussion under the caption “Risk Factors” in the company’s Annual Report on Form 20-F for the year ended March 31, 2024, which has been filed with the United States Securities and Exchange Commission and is available by accessing the database maintained by the SEC at www.sec.gov, and Sify’s other reports filed with the SEC.

For further information, please contact:

Chennai, India, August 21, 2024: Sify Technologies Limited (NASDAQ: SIFY), India’s leading Digital ICT solutions provider with global service capabilities spanning Data Center, Cloud, Networks, Security and Digital services, today announced the appointment of Mr. Sharad Agarwal as the Chief Executive Officer of Sify Infinit Spaces Limited, wholly owned subsidiary of Sify Technologies Limited.

Sharad moves into this role on the strength of his technopreneurship across several domains like ecommerce, logistics, retail, Cloud and Data Center. An active industry veteran, he comes equipped with a combination of sales and project management skills that will help him expand the footprint and acceptance of Sify’s data centers.

Prior to Sify, Sharad was at Vantage, where he was mandated to build their Data Center business. This was preceded by a long stint at Amazon Web Services where he front-ended capacity delivery for an APAC region.

Chairman of Sify, Mr. Raju Vegesna, said, “Sharad brings a valuable blend of entrepreneurial and managerial experience in the data center domain across the APAC region. This diverse background positions him well to drive our strategic initiatives and operational excellence. His insights and proven track record will contribute significantly to advancing our objectives and reinforcing our leadership position in the industry”.

Mr. Agarwal, said, “I have followed Sify’s remarkable journey as they evolved as a Data Center leader. This impressive growth trajectory underscores Sify’s commitment to innovation and excellence. My mandate is to maximize Sify’s potential across the entire ICT value chain by focusing on strategic growth and operational efficiency and by delivering cutting-edge solutions and unparalleled value to our clients and stakeholders.”

About Sify Technologies

A Fortune India 500 company, Sify Technologies is India’s most comprehensive ICT service & solution provider. With Cloud at the core of our solutions portfolio, Sify is focussed on the changing ICT requirements of the emerging Digital economy and the resultant demands from large, mid and smallsized businesses.

Sify’s infrastructure comprising state-of-the-art Data Centers, the largest MPLS network, partnership with global technology majors and deep expertise in business transformation solutions modelled on the cloud, make it the first choice of start-ups, SMEs and even large Enterprises on the verge of a revamp.

More than 10000 businesses across multiple verticals have taken advantage of our unassailable trinity of Data Centers, Networks and Digital services and conduct their business seamlessly from more than 1600 cities in India. Internationally, Sify has presence across North America, the United Kingdom and Singapore.

Sify, www.sify.com, Sify Technologies and www.sifytechnologies.com are registered trademarks of Sify Technologies Limited.

Forward Looking Statements

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The forward-looking statements contained herein are subject to risks and uncertainties that could cause actual results to differ materially from those reflected in the forward-looking statements. Sify undertakes no duty to update any forward-looking statements.

For a discussion of the risks associated with Sify’s business, please see the discussion under the caption “Risk Factors” in the company’s Annual Report on Form 20-F for the year ended March 31, 2024, which has been filed with the United States Securities and Exchange Commission and is available by accessing the database maintained by the SEC at www.sec.gov, and Sify’s other reports filed with the SEC.

For further information, please contact:

Chennai, India, July 25, 2024: Sify Technologies Limited (NASDAQ: SIFY), India’s leading Digital ICT solutions provider with global service capabilities spanning Data Center, Cloud, Networks, Security and Digital services, today announced the appointment of Mr. C R Srinivasan as the Chief Executive Officer of Sify Digital Services Limited, wholly owned subsidiary of Sify Technologies Limited.

C.R. Srinivasan has over 30 years of experience in global telecom, IT, cybersecurity, and digital services. As a seasoned technologist and business leader, C R Srinivasan has an established track record in large enterprises, start-ups, and platform-based businesses. He has leveraged technology to enhance customer experiences and develop unique business models, successfully turning around and rapidly scaling businesses by building platforms and services focussed on the right technology.

Prior to Sify, Srini led Tata Communications’ Cloud and Cybersecurity businesses. He also co-founded Sevenstrata IT Services, a remote infrastructure management company acquired by Mindtree. Srini was part of the initial team that established Sify’s network services and developed its managed services capabilities.

Commenting on his appointment, Chairman, Mr. Raju Vegesna, said, “Srini is well versed in the transformation that the ecosystem has undergone. His experience in building digital services across the ICT ecosystem will be valuable in steering Sify Digital Services in a new direction. He will be responsible for building the business both in India and into new territories.”

Mr. C R Srinivasan, said, “I am proud of what the company has become under the leadership of Raju and the ambitious roadmap ahead. I will look to realize Sify’s untapped potential in digital services and contribute to making Sify a truly converged ICT ecosystem leader.”

About Sify Technologies

A Fortune India 500 company, Sify Technologies is India’s most comprehensive ICT service & solution provider. With Cloud at the core of our solutions portfolio, Sify is focussed on the changing ICT requirements of the emerging Digital economy and the resultant demands from large, mid and small-sized businesses.

Sify’s infrastructure comprising state-of-the-art Data Centers, the largest MPLS network, partnership with global technology majors and deep expertise in business transformation solutions modelled on the cloud, make it the first choice of start-ups, SMEs and even large Enterprises on the verge of a revamp.

More than 10000 businesses across multiple verticals have taken advantage of our unassailable trinity of Data Centers, Networks and Digital services and conduct their business seamlessly from more than 1700 cities in India. Internationally, Sify has presence across North America, the United Kingdom and Singapore.

Sify, www.sify.com, Sify Technologies and www.sifytechnologies.com are registered trademarks of Sify Technologies Limited.

Forward Looking Statements

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The forward-looking statements contained herein are subject to risks and uncertainties that could cause actual results to differ materially from those reflected in the forward-looking statements. Sify undertakes no duty to update any forward-looking statements.

For a discussion of the risks associated with Sify’s business, please see the discussion under the caption “Risk Factors” in the company’s Annual Report on Form 20-F for the year ended March 31, 2024, which has been filed with the United States Securities and Exchange Commission and is available by accessing the database maintained by the SEC at www.sec.gov, and Sify’s other reports filed with the SEC.

For further information, please contact:

Chennai, India, Friday, July 08, 2024: Sify Technologies Limited (NASDAQ: SIFY), India’s leading Digital ICT solutions provider with global service capabilities spanning Data Center, Cloud, Networks, Security and Digital services, today announced the appointment of Dr. Tom Bradicich as the incoming Director on the Board of Sify Technologies Limited.

Dr. Bradicich previously served on several boards, including that of Aspen Technology (AZPN), a publicly traded industrial software company, and the Advisory Boards of SparkCognition, an AI software company and a social media and silicon chip start-up.

Dr. Bradicich’s professional career was spent in global leadership roles at Fortune 500 IT companies such as IBM and HPE where he and his team developed and launched dozens of software and systems products, received many patents, and conceived the trademarks HPE Edgeline™ Systems, IBM xArchitecture™ Systems, IBM MXT™ Memory, and National Instruments Big Analog Data™ Solutions.

He was three times named CRN’s Top 100 Executives and Top 25 Disrupters, elected to the IBM Academy of Technology, honored as a Life Member of the IEEE, and inducted into the North Carolina State University Alumni Hall of Fame. Active in charity work, he served as executive sponsor to The Salvation Army, and founded sockrelief.com, serving the homeless and children in need.

A globally feted technologist, Dr. Bradicich is a recipient of many awards, including the IBM Chairman’s Award, CRN Product of the Year, Frost & Sullivan Best Practice, Gartner Magic Quadrant Leader, Network World Product of the Year, Mobile World Congress Best of Show and Automation World Leadership Award. He is currently writing a book, The 1st Mover, a collection of his vast experience in business leadership, creating new product categories and technical innovation.

Commenting on his appointment to the Board, Chairman, Mr. Raju Vegesna, said, “Dr. Tom has built a very strong reputation as a disruptive technologist and business leader, with large brands globally and in the United States. He holds several patents and recognitions to his name and his caliber and experience should serve as assets to Sify.”

Dr. Bradicich, said, “I have a high regard for Sify and Raju, and I am impressed with Sify’s growth upon Raju assuming leadership. He has established a stellar reputation for building companies of value in Silicon Valley and abroad. It gives me immense pleasure to join Sify’s Board of Directors and to engage with colleagues with such strong business and technology accomplishments. I look forward to helping take Sify to the next level.”

About Sify Technologies

A Fortune India 500 company, Sify Technologies is India’s most comprehensive ICT service & solution provider. With Cloud at the core of our solutions portfolio, Sify is focussed on the changing ICT requirements of the emerging Digital economy and the resultant demands from large, mid and smallsized businesses.

Sify’s infrastructure comprising state-of-the-art Data Centers, the largest MPLS network, partnership with global technology majors and deep expertise in business transformation solutions modelled on the cloud, make it the first choice of start-ups, SMEs and even large Enterprises on the verge of a revamp.

More than 10000 businesses across multiple verticals have taken advantage of our unassailable trinity of Data Centers, Networks and Digital services and conduct their business seamlessly from more than 1600 cities in India. Internationally, Sify has presence across North America, the United Kingdom and Singapore.

Sify, www.sify.com, Sify Technologies and www.sifytechnologies.com are registered trademarks of Sify Technologies Limited.

Forward Looking Statements

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The forward-looking statements contained herein are subject to risks and uncertainties that could cause actual results to differ materially from those reflected in the forward-looking statements. Sify undertakes no duty to update any forward-looking statements.

For a discussion of the risks associated with Sify’s business, please see the discussion under the caption “Risk Factors” in the company’s Annual Report on Form 20-F for the year ended March 31, 2024, which has been filed with the United States Securities and Exchange Commission and is available by accessing the database maintained by the SEC at www.sec.gov, and Sify’s other reports filed with the SEC.

For further information, please contact:

Chennai, India, Wednesday, July 03, 2024: Sify Technologies Limited (NASDAQ: SIFY), India’s leading Digital ICT solutions provider with global service capabilities spanning Data Center, Cloud, Networks, Security and Digital services, today announced the appointment of Dr. Ajay Kumar as the incoming Director on the Board of Sify Technologies Limited.

An Indian Administrative Service officer of the 1985 batch, Dr. Ajay Kumar, last served as the Defence Secretary for the Government of India and has deep expertise in the technology and policy domains. Previously, as head of several government enterprises, he has scripted major successes in defence industry ecosystem including defence startup ecosystem through iDEX between 2017-2022, Digital India initiatives including Aadhaar, UPI, Jeevan Pramaan between 2014-2017 among others. Dr. Kumar has been instrumental in boosting performance of Defence PSUs during 2018-2022 and promoting startups in the drone and space sector between 2020-2021.

Dr. Kumar holds a B.Tech in electrical engineering, a Master’s degree in applied economics from the University of Minnesota and a PhD in business administration from the Carlson School of Management at the University of Minnesota.

On superannuation, Dr. Kumar assumed the position of Distinguished Visiting Professor in the Department of Management Sciences and the Department of Economic Sciences at the Indian Institute of Technology, Kanpur.

Welcoming him on board, Mr. Raju Vegesna, Chairman, said, “We are pleased to welcome Dr. Kumar on board. I am convinced that his vast experience across multiple industries will add value to both our business strategy and corporate governance”.

Dr. Ajay Kumar remarked, “It gives me immense pleasure to join the Board of Sify Technologies Limited. Uniquely positioned, Sify stands out with its converged ecosystem of Networks, Data Centers and Digital tools. Over the years, they have also built a strong reputation for corporate governance”.

Mr. Vegesna concluded, “Three of our longest-serving Directors, Dr. T H Chowdary, Mr. C B Mouli and Mr. C E S Azariah take leave from the Board on completion of their tenure. I, and the entire Sify family, benefitted greatly from their mentorship and extend
our deepest gratitude and appreciation for the services rendered”.

About Sify Technologies

A Fortune India 500 company, Sify Technologies is India’s most comprehensive ICT service & solution provider. With Cloud at the core of our solutions portfolio, Sify is focussed on the changing ICT requirements of the emerging Digital economy and the resultant demands from large, medium and small businesses.

Sify’s infrastructure comprising state-of-the-art Data Centers, the largest MPLS network, partnership with global technology majors and deep expertise in business transformation solutions modelled on the cloud, make it the first choice of start-ups, SMEs and even large Enterprises on the verge of a revamp.

More than 10000 businesses across multiple verticals have taken advantage of our unassailable trinity of Data Centers, Networks and Digital services and conduct their business seamlessly from more than 1600 cities in India. Internationally, Sify has presence across North America, the United Kingdom, UAE and Singapore.

Sify, www.sify.com, Sify Technologies and www.sifytechnologies.com are registered trademarks of Sify Technologies Limited.

Forward Looking Statements

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The forward-looking statements contained herein are subject to risks and uncertainties that could cause actual results to differ materially from those reflected in the forward-looking statements. Sify undertakes no duty to update any forward-looking statements.

For a discussion of the risks associated with Sify’s business, please see the discussion under the caption “Risk Factors” in the company’s Annual Report on Form 20-F for the year ended March 31, 2024, which has been filed with the United States Securities and Exchange Commission and is available by accessing the database maintained by the SEC at www.sec.gov, and Sify’s other reports filed with the SEC.

For further information, please contact:

SAN RAMON, Calif., Sept. 13, 2022 /PRNewswire/ — Sify Technologies Limited (NASDAQ: SIFY), India’s leading Digital ICT solutions provider with global service capabilities spanning Data Center, Cloud, Networks, Security and Digital services, and Aquila Clouds, a leader in cloud financial management solutions, today announced a strategic partnership that has added FinOps capabilities to Sify’s industry-leading cloud management platform, CloudInfinit.

Today’s announcement marks the availability of CloudInfinit FinOps, powered by Aquila Clouds. This technology-leading FinOps platform provides cloud asset management, performance, and cost trend analysis, cloud cost optimization and automation, budget control, chargeback, security and compliance management, and more. This FinOps addition to CloudInfinit now enables cloud operators and finance managers to run lean, optimized, and secure cloud operations.

“We see a huge win-win situation for Sify and Aquila Clouds in this partnership,” said Jitender Durairajan, Head of Cloud Engineering and Solutions at Sify Technology. “Using Aquila Clouds to power Sify’s CloudInfinit FinOps capabilities significantly shortens our time-to-market and creates immediate value for our customers who increasingly need a decipherable pattern to their cloud financials.”

Besides FinOps, Aquila Clouds also powers Sify’s billing operations with its BillOps platform. Aquila Clouds BillOps streamlines and automates billing operations, providing capabilities to customize pricing rules that perfectly fit Sify’s’ business model.

“We are delighted that Aquila Clouds FinOps solution has been included to power Sify’s CloudInfinit FinOps offering,” said Desmond Chan, co-founder, and CPO at Aquila Clouds. “Being chosen by such a strong Enterprise Cloud Solutions Provider is a great testament to the strength of our solution. We look forward to creating great success for both companies in the near future.”

About Sify Technologies

A Fortune India 500 company, Sify Technologies is India’s most comprehensive ICT service & solution provider. With Cloud at the core of our solutions portfolio, Sify is focussed on the changing ICT requirements of the emerging Digital economy and the resultant demands from large, mid, and small-sized businesses. 

Sify’s infrastructure comprising 11 state-of-the-art Data Centers, the largest MPLS network, partnership with global technology majors, and deep expertise in business transformation solutions modeled on the cloud, make it the first choice of start-ups, SMEs, and even large Enterprises on the verge of a revamp.

Internationally, Sify has a presence across North America, the United Kingdom, and Singapore. Sify, www.sify.com, Sify Technologies, and www.sifytechnologies.com are registered trademarks of Sify Technologies Limited.

About Aquila Clouds

Aquila Clouds is a cloud financial management solution that enables managed service providers, cloud resellers, and enterprises to manage billing and optimize cloud costs and performance. We help organizations that are invested in public clouds to monitor and optimize their cloud deployments and automate their billing operations. Our FinOps and BillOps solutions apply data analytics and AI/ML techniques to achieve continuous monitoring and continuous optimization that has delivered over 20% in cloud cost savings and reduced billing operation time by as much as 82%.

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