Over the years, Ortel has grown up to this standard under the dynamic leadership of its Promoter-Director Ms. Jagi Mangat Panda. Ms. Panda is the co-founder of the Company. She holds a bachelor’s degree in biology and chemistry from Osmania University, Hyderabad. She also holds a master’s degree in business administration from the Indian Institute of Management, Ahmedabad. She has been awarded and recognized as the “Young Global Leader” at the World Economic Forum in 2008. She has more than 15 years of experience in the broadband and broadcasting industry.
Ms. Panda belongs to the well-established Panda Family of Orissa, promoters of the IMFA group of companies, the leading private sector group in Orissa with interests in Smelters, Power Generation, Coal and Chromite Mining.
When the telecom revolution was taking place in the country in mid-nineties and Indian telecom companies were planning of investing & establishing expensive telecom networks, Mr Jay Panda, husband of Ms. Jagi Mangat Panda and the Non-Executive Chairman of Ortel, had already drawn up a plan to bring a complete paradigm shift and build a packet switching based HFC network that can cater to all communication related services including voice at a substantially cheaper price in the State of Orissa.
Mr. Jay Panda is the chairman and co-founder and was appointed as the Director of the Company on September 30, 1999. Mr. Panda holds a combined degree in engineering and management from the University of Michigan, USA. He has experience in media sector operations, strategic and financial planning, capital structuring, mergers and acquisitions. Mr. Panda also serves as the vice chairman of Indian Metals and Ferro Alloys Limited, one of our Group Companies. He is also a Member of Parliament (Lok Sabha) from the state of Orissa. Mr. Panda is a Member of the Department related Parliamentary Standing Committee on Coal, Steel and Mines and of the Parliamentary Consultative Committee for the Ministry of Finance. Mr. Panda has also been associated with industry organizations like the Confederation of Indian Industry (“CII”), the Federation of Indian Chambers of Commerce and Industry (“FICCI”) and the International Chromium Development Association. He has also been associated with the Government of Orissa’s Industrial Advisory Committee and been a director on the Industrial Promotion & Investment Corporation of Orissa. Further, Mr. Panda has been awarded the prestigious ‘Bharat Asmita National Award’, the award for best parliamentary practices by the Chief Justice of India in 2008.
While Mr.Jay Panda has helped provide strategic & technological direction to Ortel, Ms. Panda was completely hands on in promoting & building Ortel from scratch. Her able leadership has proved to be instrumental in carrying out the vision of Mr. Jay Panda forward, which has transformed Ortel into one of the best private sector enterprises in the State.
Our other Investors
NSR – PE Mauritius : NSR is a leading Asia-focused growth capital firm with over $1.4 billion under management, focused on the Indian subcontinent, as well as other rapidly growing economies in Asia and the Middle East , has invested in the Equity and Preferences Shares of Ortel.
OSEDC : The nodal agency for electronics industries for the State Government of Orissa and responsible for expediting/providing infrastructural and regulatory support to IT industries, has played an important role in helping Ortel acquire its rights of way through several changes of government in the state.
SREI : A leading infrastructure/equipment financier in India , has provided several tranches of equipment finance, debt and equity to Ortel over the years.
IPICOL : The premier Government of Orissa Financial Institution has supported Ortel by providing term loans for project expansion at Bhubaneswar & Cuttack .
KARNATAKA BANK LIMITED (KBL) : Mangalore based leading 'A' class scheduled commercial bank in India provides finance support to Ortel for project expansion.