We are very much pleased to announce the appointment of Mr. Srini Koppolu as our Chairman. SETU Software Systems is the first incubated company at one of India's premier research institutes, IIIT-Hyderabad.
Please find the additional details of the same in the attached Press Release.
Online PR News – 23-September-2011 – – Former Managing Director of Microsoft IDC - Mr. Srini Koppolu joins IIIT-H Startup as Chairman
Hyderabad, 20th September, 2011: SETU Software Systems (P) Ltd., a company incubated in IIIT-Hyderabad, today announced the appointment of Srini Koppolu as its Chairman. Srini is the former Corporate Vice-President and Managing Director of Microsoft India Development Center. After a 21 year stint with Microsoft, Srini left the company a year back to pursue his dream of contributing to the startup ecosystem and to education in India.
Founded in 2008, SETU is a technology company with strong research foundation, primarily focused in the areas of search and information access technologies using text and natural language processing. Dr. Prasad Pingali and Prof. Vasudeva Varma, research professors at IIIT-Hyderabad, set up the company with the vision of bridging information access barriers using technology.
Announcing the appointment, Dr. Prasad Pingali, CEO of SETU, said: “Our team is very excited to have Srini on board. His experience in building world-class teams and products will be an invaluable addition to the team and will take us a long way in building a very successful company.
On this occasion, Srini Koppolu said: “There is a clear alignment between my passion and SETU‘s vision. The company’s strong technology foundation can lead us to many unique business opportunities and enable us to create solutions for education and social empowerment. I am absolutely positive that SETU will reach greater heights and inspire many other startups in India.”
“Our technologies are backed by several years of top-notch award winning research in areas of semantic search and natural language processing” said Prof. Vasudeva Varma, Chief Scientist and Director of SETU. “With Srini coming on board we can accelerate the productization of our state of the art technologies and become a very successful India based company coming from a university setup.”
SETU, which was spun out of a research lab in IIIT Hyderabad after years of R&D by its founders, provides enterprise solutions in the areas of Local Language Search, Enterprise and Semantic Search, Social Media Monitoring and Automatic Text Summarization. The client list of the company includes Samsung, Rediff, Manipal Universal Learning and many government agencies.
The company supports search in more than 70 world languages through its Local Language Search technology. The award winning Enterprise and Semantic Search technologies provide the enterprises with intelligent and contextual search capabilities for their intranets. The company is also actively working to apply these technologies in the education domain with an aim to make high quality learning more affordable to wider audience. The Social Media Monitoring Platform analyzes and reports the buzz of a product/company on the web and helps the enterprises know their businesses better. The Automatic Text Summarization platform can provide the end user with a concise and highly informative summary.