Manthan Systems wins IDG Ventures Pride of India Award 2011
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29 March 2011
Manthan Systems recognized for ‘Prudent Financial Management’
Manthan Systems Inc., the leader and innovator in the Retail Business Intelligence (BI) and Analytics space announced that IDG Ventures India has selected Manthan Systems as the winner of the Pride of India Award 2011 in the ‘Prudent Financial Management’ category.
The prestigious Pride of India Awards by IDG Ventures India, an early-stage venture capital firm investing in technology and technology-enabled companies, recognizes organizations for their excellence in achieving sustained profits, successfully commercializing technology, persistent financial discipline, and superior corporate governance.
Manthan Systems was recognized for its exceptional working capital management and flawless regulatory compliance. It is worth noting that Manthan Systems was acknowledged with Pride of India Award in 2009 as well for exceptional business growth and prudent financial management.
“We are excited to have won the prominent award the second time,” says Atul Jalan, CEO & MD, Manthan Systems. “The award gives us encouragement as well as confidence to propel our organization towards higher goals, while managing its various facets successfully.”
