Sify Digital Services appoints former HPE India head to board

CHENNAI, India - Sify Digital Services Limited, the IT and Digital Solutions subsidiary of Nasdaq-listed Sify Technologies Limited (NASDAQ:SIFY), which has seen its stock surge over 185% year-to-date and maintains a market capitalization of nearly $595 million, announced Wednesday the appointment of Som Satsangi as an Independent Director to its board.

Satsangi, a four-decade technology veteran, recently led Hewlett Packard Enterprise’s operations in India. During his tenure at HPE, he expanded the company’s presence across India while focusing on customer success, manufacturing capabilities, and innovation. According to InvestingPro, Sify has demonstrated strong business momentum with 12.8% revenue growth in the last twelve months.

Raju Vegesna, Chairman of Sify, said, "Sify will benefit from his foresight of the technology landscape and his process-driven execution, as we scale our IT services capabilities to serve Enterprises."

Satsangi has held several leadership positions in industry organizations, including serving as Chairman of the American Chamber of Commerce in India and as a member of the USISPF India Executive Leadership Board. He has also contributed to Confederation of Indian Industry National Council Committees and participated in the World Economic Forum’s South Asia Working Group.

Upon his appointment, Satsangi expressed enthusiasm about joining Sify’s board, stating he remains "deeply passionate about leadership development, digital transformation, and helping shape the broader tech ecosystem."

Sify Digital Services focuses on the digital economy’s changing ICT requirements, offering cloud-based solutions through its infrastructure of data centers and MPLS network. The company serves over 10,000 businesses across multiple sectors in more than 1,700 Indian cities and maintains an international presence in North America, the United Kingdom, UAE, and Singapore. InvestingPro analysis indicates the company is currently overvalued, with additional insights available in the comprehensive Pro Research Report, which provides deep-dive analysis of this prominent player in the Diversified Telecommunication Services industry.

The information in this article is based on a company press release statement.

In other recent news, Sify Technologies has introduced a pay-per-use model for its AI Cloud Services, aiming to cater to the growing demand for AI capabilities. This initiative follows the certification of Sify’s data centers in Chennai and Noida under NVIDIA’s DGX-Ready Data Center program, aligning with their existing Navi Mumbai center. Additionally, Sify Technologies has appointed JPMorgan Chase Bank as the new depositary for its American Depositary Receipt program, effective July 23, 2025, and has filed a registration statement with the Securities and Exchange Commission in connection with this change.

In a move to strengthen its leadership, Sify Technologies has added Dr. Ram Sewak Sharma to its board of directors. Dr. Sharma brings a wealth of experience from his previous roles, including serving as the founding Director General of the Unique Identification Authority of India and as Chairman of the Telecom Regulatory Authority of India. These developments mark significant strides for Sify Technologies in enhancing its service offerings and corporate governance.

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