KANPUR, OCTOBER 07, 2004
TNN
AKHILESH SINGH

Leading entrepreneurs of Indian origin from across the globe had assembled during the UP-Calling, 2004, the global entrepreneurs meet organised by The Indus Entrepreneurs (TiE), UP chapter, in February this year. After early euphoria, the mega event, pregnant with immense opportunities, seems to have suffered a miscarriage.

During the UP-Calling event, president of the US-based Adayana software company, Dr Rajeev Tandon, whose in-laws belong to Kanpur, had sent a proposal to the UP Development Council (UPDC) and had requested them to reply within two months.

Tandon had expressed the desire to set up an education park for e-learning in Kanpur, which, he had said, could generate revenue worth Rs 16,000 crore, employment of three lakh high paying jobs and additional wages of over Rs 4,000 crore by 2009.

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NRI, Rajiv Tandon, CEO of Adayana, Minnesota based buys software company in India

Minnesota, August 12, 2003

Edina-based e-learning company Adayana Inc. has bought a software provider in India. Adayana said that Trina Systems of Hyderabad, India, already was a major provider of learning software to Adayana. Trina will become a separate operating division of the company, but will continue to provide services to other e-learning companies.

Trina CEO Sunil Kandlikar will become Adayana's chief of operations and will oversee operations for the combined organizations.

Rajiv Tandon, CEO of Adayana (the name means "self learning" in Sanskrit) said his private company posted about $1 million in revenue last year. The company employs 22 people in Minnesota, and a total of 25 in the U.S.

Tandon said Adayana had worked with Trina for more than 10 years. The acquisition "allows us to further expand," he said.

Tandon expected the combined company will grow "50 to 100 percent each year in the future." That growth will be stronger in India than in Minnesota. He said, "for every three new jobs we create, two will be in India and one will be in Minnesota."