Funds have been raised from a private equity company based in California. "We believe that the telecom industry is shifting from proprietary systems to an open, neutral platform and this platform would be Linux," he said.

Also, the service strategies are rapidly changing, as operators are providing web-driven, on-demand applications against pre-packaged, standard packages," he added.

"Service operators worldwide are rapidly moving towards web-driven, on-demand applications rather than pre-packaged and standard packages," Veerina said.