Who is the owner of ACT | wiki

Atria Convergence Technologies Private Limited or ACT is an Indian, Digital, Fibernet (Internet over Fiber Optics)and Telecommunications Company. Know about the owner of ACT and Company. Know more about the owner of ACT and the Company more information. Atria Convergence Technologies Private Limited (ACT) provides broadcasting and multimedia services. The Company offers digital, cable television (TV), IPTV, and broadband services. ACT serves customers throughout India.

About the owner of ACT

ACT (Atria Convergence Technologies Pvt. Ltd.) was born out of a vision to become the most admired in-home entertainment, education, and interactive services provider in India, back in 2000.

The founder, Mr. Sunder Raju(MD), a well-respected personality in the Indian business body. And the company’s senior management consists of 30+ professionals from diverse industries like FMCG, Entertainment, Information & Technology, Telecom, and Retail. Balla Malladi is the CEO of ACT Pvt. Ltd.

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Private equity firm India Value Fund Advisors (IVFA) acquired a majority stake in the company in 2008.

Sunder Raju has rich experience in a wide array of industries and holds a Masters’s in Computer Science from the University of California, Santa Barbara. He was the main hand behind setting up Sunray Computers in 1981. Which is the first Indian company to instigate 32-bit architecture concepts in UNIX OS. Indus Valley, a division of Sunray Computers, functions as a full-fledged software service and support company.

As the Managing Director of ACT, the flagship company of the Atria group, Sunder supervises most of the ACT management committee and capers a crucial role in creating the mixed culture and leads the thinking on what technology can offer to society through ACT’s vision. ACT Pvt. Ltd. managed to generate Rs. 20 million in revenue in the year 2017-18.

Investors:

1. True North ( formerly known as India Value Fund Advisors – IVFA) is a premier private equity investment fund. True North provides financial and intellectual capital for the growing middle-market companies in India.
2. TA Associates is a leading global growth private equity firm with nearly five decades of experience.
3. Canada Pension Plan investment board.

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Details of the Company

Atria Convergence Technologies Private Limited provides information, communication, and entertainment through IPTV, fiber-to-the-home technology broadband, digital TV, and analog TV. The company was established in 2000, and its headquarters is located in Bengaluru, India. The company provides services in Karnataka, Telangana, Andhra Pradesh, Delhi, and Tamil Nadu.

The ACT continued to operate services in Hyderabad under the Beam Fiber name until 2015. On 16 February 2015, ACT made its debut announcement that it was blending with Beam Telecom Pvt. Ltd, and would offer wire-line optical fiber broadband services in Hyderabad under the ACT Fibernet name.

Atria Convergence Technologies was the 5th biggest service provider in India till January 2021 and after 31st January 2021, it shifted its position to 4th.