IIIT-H Incubated Firm Judged Best Product Startup

Wed, 06/23/2010 - 09:50 — admin

SETU Software Systems Pvt Ltd, a startup set up by Dr. Prasad Pingali and Prof. Vasudeva Varma and incubated at IIIT-H's Center for Innovation and Entrepreneurship (CIE), was conferred the ITsAP-ADP Best Product Startup award, in the Enterprise category, by the Information Technology & Services Industry Association of Andhra Pradesh (ITsAP), at the 18th Annual Software Products Showcase, Awards and Conference 2009, on March 12 & 13, 2010. The competition saw over 30 entries in the startup category.

SETU builds intelligent systems to help large enterprises improve their information access capabilities. SETU's leading edge products address enterprise customers' needs to search, extract, and summarize large volumes of human language content.

Dr. Prasad Pingali holds a doctoral degree in Indian language information access from IIIT-H and was the doctoral student of Prof. Vasudeva Varma, who heads IIIT-H's Search & Information Extraction Lab (SIEL).

Set up with Indian language search technology from IIIT-H's Language Technologies Research Center (LTRC) and SIEL, SETU is the second most sought after search engine for many of the European languages. The startup currently provides search capability in 70 languages of the world, including several European languages, Arabic, and Indian languages.

The two-year-old visionary startup has already netted Rediff, HMRI, NewsHunt and Samsung as its first clients. SETU is an acronym for Search and Extraction Technologies Unlimited.

To learn more about SETU, visit http://www.setusoftware.com

“Leading edge technology backed by an outstanding team has helped SETU quickly win recognition and top tier clients,” Prof. Rajeev Sangal, Director, IIIT-H has remarked complimenting SETU's accomplishment.

Congratulations to Team SETU on receiving this unique honor !!

For a list of other awardees, check the organizer's webpage at

http://www.itsap.org/events_inner.php?id_inner=156&id=19

About IIIT-H's CIE
The Center for Innovation and Entrepreneurship (CIE) offers budding entrepreneurs a wide of array of highly useful services - from helping with conceptualization of ideas and one-on-one guidance to obtaining VC funding and winning first clients. A startup gets focused attention for up to two years. Besides the range of services normally offered by conventional incubation centers, the CIE at IIIT-H goes several steps further in helping entrepreneurs – it proactively identifies the current and future needs of the global marketplace, comes up with innovative business ideas, and helps entrepreneurs implement them into successful products and services.

The CIE also facilitates technology transfer from IIIT-H's research centers to the incubated startups.

For more information about CIE's full suite of services, contact Kavita Vemuri or Nirmala Govindan, who together have shaped the center's vision, on 040 6653 100 X 1354.

Page last updated on 24th August, 2015