Silicon Valley’s 1M/1M backs Orangescape

Chennai-headquartered OrangeScape, a technology platform company, is the first Indian company helped out by the Silicon Valley-based One Million By One Million (1M/1M) initiative and Pune-based Persistent Systems to bring technologies from the startup stable to market.

1M/1M floated by NRI technopreneur Sramana Mitra promises to help entrepreneurs get oriented with the fundamentals of early stage entrepreneurship. Mitra told Financial Chronicle, “OrangeScape provides a visual platform-as-a-service (PaaS) to build domain rich solutions. OrangeScape has a marquee customer list comprising Unilever, Citibank, Pfizer, AstraZeneca, Sterlite and 50 other large enterprises. OrangeScape is in Gartner’s Global Top 10 list of PaaS competitive landscapes. However OrangeScape was only confined within the Asia Pacific Region.”

Now with Persistent’s global sales strength, OrangeScape can tap the global market place, particularly the US market. Suresh Sambandam, founder and CEO at OrangeScape agreed readily. “This deal with Persistent Systems will bring OrangeScape a cost-effective go-to-market solution through their global sales team and offshore backed enterprise implementation support through technology experts in Persistent’s Cloud Practice,” said Sambandam.

“We believe that OrangeScape’s platform as a service (PaaS) product will nicely supplement our portfolio of cloud technologies to provide large enterprises an app platform in the cloud and use PaaS for ISVs migrating to SaaS. OrangeScape, when sold through the right channels, can have a significant impact in the market,” said Anand Deshpande, CMD, Persistent Systems.

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