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Innovis receives investment from Nokia Growth Partners

Delhi, India, December 12th, 2011 - Innovis Telecom Services Pvt. Ltd, one of the fastest growing telecom networking services companies in India announced an investment by Nokia Growth Partners.to fuel its growth across Asia and Africa. Founded by telecom veterans, S.K. Acharya and Kapil Sharma, Innovis has a leadership team with more than 100 years combined experience in the industry.

Innovis is an end-to-end provider of services for building wireless and broadband telecom networks. With current presence in India, Bangladesh, Indonesia and multiple countries in Africa, Innovis plans to continue expansion to various markets in Asia Pacific region. Innovis' wide range of services includes Network Planning, Network Deployment, Project Management (PMO), Network Optimization for voice & data networks, managed services and consulting services. Innovis' customers include telecom operators, telecom vendors and independent tower companies.

"The telecom services industry requires specific domain expertise with the potential to produce scalable, focused companies globally," says S.K. Acharya, the Chief Operating Officer of Innovis. "With the combined expertise of Nokia Growth Partners and Innovis, we have an excellent platform to build a global organisation focused on high quality service delivery through well trained telecom experts and a robust software-based service delivery platform."

"With the Nokia Growth Partners investment fuelling our expansion plans, we will continue to leverage India to create value at global level. We are targeting markets with high growth potential and strong technology evolution roadmap. Leveraging our knowledge and resource base in India to create an optimized combination of remote and on-site delivery models, we shall achieve high cost efficiency while maintaining our 'first time right' quality objective." adds Kapil Sharma, the Chief Marketing Officer of Innovis.

"Building quality networks to support the increasing volume of data driven services is becoming important to all industry players. We believe Innovis is well positioned to support operators and equipment vendors in scaling their 3G and LTE networks in a high quality way," says Upal Basu, managing director, Nokia Growth Partners. "We also see great opportunity for the operational model pioneered in India expanding in other markets. Innovis has deep domain expertise, is well regarded in the industry, and is already offering a range of advanced consulting and advisory services in South East Asia and Africa."


About Nokia Growth Partners
Nokia Growth Partners is the premier venture investor focused on growth stage companies in the mobile industry. With $350M under management, Nokia Growth Partners invests in companies and people that are changing the global face of mobility, communications and the Internet. Nokia Growth Partners offers a global perspective and deep network in the mobile industry to help accelerate company growth. We work closely with Nokia to facilitate successful partnerships between Nokia and portfolio companies. Nokia Growth Partners has offices in Sunnyvale, Helsinki, Beijing and New Delhi. Visit www.nokiagrowthpartners.com for more information.

About Innovis
Founded by S.K. Acharya and Kapil Sharma, Innovis is one of the fastest growing providers of telecom networking services. With blue chip customers like Ericsson, Nokia Siemens Networks, Huawei, Alcatel Lucent, AirTel, Axis Indonesia, MGear, Andrew Wireless, Viom Networks etc., Innovis is poised to be a major participant in the upcoming 3G and Broadband Wireless Access network build-outs. For more information, visit Innovis on the web at www.innovis.in.

For information contact:
Name: Kapil Sharma
Designation: Chief Marketing Officer
Innovis Telecom Services Pvt. Ltd.- Gurgaon, India
Mobile : + 91-98101 49638
E-Mail: info@innovis.in
Website: www.innovis.in