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  • ‘Company of the Year 2010’ One97 Communications Ltd. To Go for an IPO

    Published on December 31, 2010

    New Delhi : One97 Communications Ltd. bagged the IndiaMART Leader of Tomorrow Award in IT/ITES/Telecom category and was also declared the Company of the Year at IndiaMART Leaders of Tomorrow Awards 2010 Ceremony held in New Delhi recently. The chief guest at the Awards Ceremony, Honourable Union Minister for Home Affairs Mr. P. Chidambaram congratulated and felicitated Mr. Vijay Shekhar Sharma, Chairman and Managing Director, One97 Communications Ltd. for his achievements. With the passion to succeed coupled with sharp business acumen, Mr. Sharma has steered the company to towering heights. Placed on a strong growth trajectory, the company is all set to launch its own Initial Public Offering (IPO) in the year 2011.

    Mr. Vijay Shekhar Sharma was jubilant to win the coveted Award in two categories. On this occasion, he said, “We are honoured to receive this prestigious business award for MSMEs. It gives us great pride to be recognized by industry stalwarts for our performance over the past decade. The last decade has seen the emergence of a lot of outstanding companies who have also been strong contenders for this award and hence this becomes even more meaningful. I express my gratitude and admire the impressive manner in which IndiaMART.com & ET NOW have recognized and encouraged MSMEs in India who are now becoming a force to be reckoned with. I am glad that we are in process of fundraising through IPO plan and look forward to complete it soon.”

    Seeing One97 Communications Ltd. make giant strides, Mr. Dinesh Agarwal, Founder and CEO, IndiaMART.com, “Foreseeing great potential in the company, the Jury rightly bestowed upon them the title of ‘Company of the Year’ alongwith the Award for IT/ITES category. One97 Communications Ltd. is aggressively moving on the growth path which is evident from their decision to take the company for an IPO. I would like to congratulate Mr. Sharma on receiving the Awards and wish him luck for the IPO.”

    Mr. Vijay Shekhar Sharma, aged 31, is the Chairman and Managing Director of One97 Communications Ltd. He has more than ten years of experience in the telecom and new media industries. He started his first venture ‘XS Corps’ while he was at college, which he sold to Lotus Interworks, LLC, New Jersey in 1999. Prior to founding the company in 2000, Mr. Sharma played key roles in a number of organisations such as Riverrun Software Services Group Limited, Inter Solutions Software Private Limited and Startec Global Communications Limited. His focus was on the design and development of various products and applications for technology, media and telecom industries. He holds a Bachelors degree in Engineering from Delhi College of Engineering.

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