One of the pioneering entrepreneurs in Hyderabad, who saw the IT scene emerging both in Hyderabad and Bengaluru and later went on to diversify into various segments, Jay Pullur passed away here. Jay and his brother Vijay hailed from Mysore originally but found their space in Hyderabad, just when the former chief minister of erstwhile Andhra Pradesh N Chandra Babu Naidu was luring the world by projecting Hyderabad as India’s IT hub.
Jay Pullur was an alumnus of IIT Kanpur, and his brother, who had worked with Wipro for almost a decade, set up Pramati Technologies. Started as a small office in Everest apartments in Ameerpet, Pramati quickly took the opportunities thrown up by the times and grew into a top innovation and ideas-driven company in India.
Pramati focused on product development and worked on the idea of creating a platform business that was new in India and concentrated in Silicon Valley, USA. The company attracted venture capital from Citibank Private Equity and stood at an advantage in the quickly emerging Java standards space.
Post-2000, Pramati was servicing a lot of clients through its five overseas offices with Rs 100 crore turnover and saw quite a few ups and downs. Pramati began as a single product company and emerged to be a multi-product company. In 2012, Pramati acquired Gallagher Technical Centre and set up Imaginea. In 2013, they acquired VMWare to get into web and mobile businesses. Right now, they have a foot in the cloud, data, intelligence, and mobility space.