QuadGen to scale from 2K Hotspots to 20K Hotspots

IndusAge Partners leads Series A investment in QuadGen Networks
​​Wireless Industry Veterans  Prof.Arogyaswami Paulraj& Sriram Viswanathan  join Company’s Board
Indian Operator BSNL selects QuadGen as an exclusive WiFi Network deployment partner in 9 states in the South and West Zones in India
​​by Shrutee K/DNS
17th June, 2016 Mumbai - QuadGen Networks Pvt. Ltd, a next generation Wireless Solutions company based out of Bangalore, India, announced today that it has raised an undisclosed amount, as part of its Series A round of financing.  IndusAge Partners, an early stage global Venture Capital firm based in of Silicon Valley and India, led this round of financing.  Trinity Mobility, a Bangalore based Wireless Services Company also participated in this financing
QuadGen Wireless Solutions Pvt. Ltd, a subsidiary of Quadgen Networks Pvt Ltd, builds and operates WiFi networks in India and other geographies as an overlay operator, in conjunction with major carriers.  In India, leading national operator BSNL has selected QuadGen Wireless Solutions Pvt. Ltd, to Build, Operate and Own a telco grade WiFi Network on an exclusive basis in the South and West Zones of India comprising 9 states (Andhra Pradesh, Karnataka, Kerala, Telangana, Tamilnadu, Maharashtra, Gujarat, Madhya Pradesh and Chattisgarh) covering well over 600 M people.Working closely with BSNL, QuadGen plans to bring cutting edge wireless technologies such as 5G Wi-Fi to both rural and urban environments with unparalleled speed, cost and reliability advantages.  BSNL and QuadGen have entered into an economic arrangement to maximize the utilization of BSNL’s extensive fiber based back haul infrastructure.
Commenting on IndusAge’s investment, Mr. C.S Rao, Chairman and Co-Founder of QuadGen said, “Broadband Connectivity is a critical ingredient for the realization of the Digital India Vision.  QuadGen is committed to expanding its network and enabling high speed connectivity through its carrier grade WiFi offering to Government Offices, Courts, Educational institutions, Banks, Rural and Public spaces and thus pave the way for next generation Digital infrastructure.  We are excited to bring industry leaders to support us in this ambitious endeavor”
Remarking on this announcement, Sriram Viswanathan, Founder and Managing Partner of IndusAge Partners said, “Ubiquitious mobile broadband access is essential to boost India’s digital economy aspirations.Quadgen alongwith its industry partners bring a world class capability to achieve this In conjunction with this investment, eminent scientist and prestigious Marconi Prize & Graham Bell Awardwinner, Emeritus Professor of Stanford University, Prof. Arogyaswami Paulraj will join the company’s board as an Independent Director.“It is a great honor to have an eminent and highly respected global visionary such as Prof. Paulraj associated with us.  We are delighted to have his guidance as we build QuadGen into a leader in wireless technology solutions and services”, said Mallik Vagvala, CEO of QuadGen  USA.  “Increasing broadband access to all of India's vast population is vital to our economic growth. WiFi is a very attractive broadband technology for India from low its cost per bit delivered, inexpensive smart phone platform and high speed connections. QuadGen plans for rolling out WiFi access using BSNL’s fiber backbone shows great promise for delivering affordable broadband to India. “ said Prof. Arogyaswami Paulraj
About QuadGen: (www.quadgen.com): QuadGen Wireless Solutions Inc., USA (QuadGen USA) is a leading telecom Network Engineering services company based out of King of Prussia, Pennsylvania USA.  QuadGen USA is proud to have leading carriers in the US including AT&T as its customer.   Its services and solutions include Network planning, Performance Monitoring and Capacity Optimizations to cellular networks. QuadGen Wireless Solutions Pvt. Ltd. (QuadGen India) based out of Bangalore India, designs, operates and manages next generation WiFi Networks as an Overlay Network in conjunction with BSNL.  QuadGen India has an aggressive plan to deploy over 20,000 hotspots in urban and rural environments within 5 years. QuadGen was founded by Telecom Industry Veterans C.S. Rao, currently Chairman and CEO of QuadGen Wireless Solutions, Pvt. Ltd. (India) and Mallik Vagvala, CEO of QuadGen Wireless Solutions Inc. (USA)
About IndusAge Partners :IndusAge Partners is a global Venture Investment Fund and Strategic Advisory Firm, providing operational and strategic advisory for a variety of early to growth stage companies in addition to investing in Technology companies both in US and India.   IndusAge Partners was founded and managed by Sriram Viswanathan, a Silicon Valley veteran who held several executive management positions at Intel Corporation for over 20 years, and Sudhir Rao, founder of IndusAge Advisors, and founding director of Karvy Investor Services.
About Trinity Mobility Pvt. Ltd. :Trinity Mobility builds products and services that transform the way Enterprise and Governments locate, track and manage Mobile Workers, Mobile Task and Mobile Assets to mobilize company - specific data and processes.  Trinity’s core capabilities are aligned to deliver vertical mobility solution stacks across industries by integrating advanced technologies in GIS, GPS, Command and Control Application Platforms and Mobile Applications.

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