(12 Total References)
News - Press Releases
"We chose HNS because of its reputation as an innovator in the field of wireless communications," stated Kailas J. Rao, chairman and president of Indus."The commitment to TDMA-based technology by the leading industry operators and the commitment made by HNS to ensuring that TDMA customers can transition to 21st century demands, convinced us that TDMA was the standard that we should commit to for guaranteeing worldwide coverage to our customers."
In 1996, Indus
won a C-block ¾ often called the entrepreneur band ¾ license for a seven-county business trading area (BTA) in Wisconsin that includes the counties of Milwaukee, Dodge, Washington, Jefferson, Waukesha, Ozaukee, and Racine.Focusing on the business market, Indus plans to initiate services later this year and will offer value-added capabilities such as wireless office service, worldwide four-digit dialing, roaming, voice mail, caller ID, email, and paging.
Dr. Kailas J. Rao's Bio
Dr. Kailas J. Rao
...Dr. Kailas J. Rao
, a native of India, came to the U.S. 30 years ago with $3.50 in his
pocket. Dr. Kailas J. Rao
Today the millionaire investor exemplifies success coupled with admirable humility.Rao is President and Chairman of Indus, Inc., a telecommunications company based in Milwaukee, Wisconsin.He
has over 20 years of practical and hands-on experience in the areas of merger/acquisition, franchising, accounting, corporate finance and technology.Dr. Rao
attended Angelo State in the late sixties after arriving on a bus bound from New York.He later received his MBA from Sam Houston State University and his Ph.D. in accounting from the University of Oklahoma in 1974.He was a Professor at the University of Wisconsin-Milwaukee School of Business from 1974 through 1981.He
then founded and nurtured Computer Bay, a national franchiser of personal computers, over a period of 11 years and grew the franchise business to over 350 computer centers in 44 states and Canada, with approximately $100 million in sales to franchises and total gross network sales of approximately $500 million.He sold Computer Bay in 1992 and in 1993, with four others, Dr. Rao started GS2, an investment banking firm.
The firm currently has approximately 50 employees and manages assets of over $500 million. Rao founded Indus, Inc. in 1995 and recently launched marketing Indus, Inc.'s personal communications services.
The company paid $60 million for the license in a seven county Milwaukee basic trading area.Rao
raised 20 million dollars in a private placement of stock and forged relationships with some of the wireless industry's biggest players.The investors include Hughes Network Systems, Inc.
, Uniden America Corp.
, Kanematsu Corp.
, and the engineering firm of G. M. Selby & Associates
.Hughes also is providing 60 million dollars in financing for equipment purchases and will manage the system's construction.The business niches for Indus
, which plans to create a business service subsidiary under another name, include remote meter reading for utilities, home banking, wireless home and office security systems, wireless automatic teller machines, vending machine management, bar code scanning and inventory control management, data communications and services for theaters and stadiums.Dr. Rao's
success has been recognized by colleagues and professional organizations.In 1993 he
was appointed to the Governor's Blue Ribbon Telecommunications Infrastructure Task Force
Governor Thompson.INC Magazine
recognized Computer Bay as "The INC 500, America's Fastest Growing Private Companies" in 1992.Rao was a member of the AT&T Advisory Council and board member of the Personal Computer Division.He has served the IBM and NEC Personal Computer Divisions as a Dealer Advisory Board member.
Ernst & Young and INC Magazine
nominated Rao for "Entrepreneur of the Year" in 1989, 1991, and 1992.His
company was recognized by Arthur Andersen and Company
's 100 Largest Private Companies" from 1989-1992 and the Metro-Milwaukee Council of Small Businesses
in their "Future 50 of Greater Milwaukee" in 1990 and 1991.Dr. Rao
is married to Becky and with his
wife has been involved in many charitable organizations in the Milwaukee area.
Becky Rao holds one of her Brittanys on her farm near Richfield, Wis. Rao talked her husband, Kailas, into buying the rights to her favorite dog shampoo and is now trying to market the shampoo, called Isle of Dogs, as a luxury pet brand.
husband, Kailas Rao
, bought the rights to her
favorite British dog shampoo and launched it as a luxury brand - Isle of Dogs
- that he
hopes will be someday regarded as the Starbucks
of the pet grooming industry.
"We want it to be a billion-dollar company," he
...Kailas Rao, a naturalized citizen who came to the United States from India more than 30 years ago as a student, made a fortune with two companies that he started after leaving a teaching post at the University of Wisconsin-Milwaukee.His
first venture, a computer store, expanded into a chain of Computer Bay franchise stores.He sold that company in 1992 for $67 million, and later used the proceeds, along with money from investors, to start Industar, a wireless communications business.Industar
was sold to AT&T Wireless in 2000 for $129.6 million, including the assumption of $93.9 million in debt.
Becky Rao, who owns and breeds show-quality Brittany spaniels, persuaded her husband to buy the rights to the dog shampoo at a time when Kailas Rao
was looking for a new business endeavor.
...Kailas Rao, president and CEO of Isle of Dogs, holds a bottle of shampoo No. 12, one of the products the company offers.Rao, who attended Sam Houston State University and had a successful career in the technology industry, is now learning the ropes selling the dog products.
"I told her
to take up golf," he
said, laughing, remembering his
wife's pitch for him to make the pricey shampoo their new business.
Now, two years later, Kailas Rao
finds himself front and center in his
slick new $50,000 white-and-black trade show booth at dog shows, talking up the benefits of grooming products made with evening primrose oil and royal jelly.
"It takes 5,000 primrose seeds to make one ounce," he
boasts.The Isle of Dogs
shampoo, in a package that is marble-spa-bath-worthy, sells for $18 for 250 milliliters, or about 8.5 ounces.
In a world where celebrities carry their pooches to parties as fashion accessories, it appears that Kailas Rao
is again in the right place at the right time with this new venture.
didn't even like dogs, so the young couple acquired a cat.
...Even with two company launches and a doctorate in business under his belt, Kailas Rao acknowledges that this new venture into the world of packaged goods is a learning experience.
experience, contacts and financial strength put him in a position to make it work.
After buying the formula in 2005, Kailas Rao
began assembling a staff for the new business.He
needed to hire an agency to create a brand image and to find a company to make and distribute the product.
High-end human hair salons are another possibility, Kailas Rao
said, reasoning that dog owners would want to buy a premium product for their dogs at the same time they purchase hair care products for themselves.
Again, a Packaged Facts report backs up his
thinking.Citing American Animal Hospital Association
surveys in 2003 and 2004, the research report says that 94 percent of pet owners believe their pet has human traits, and 67 percent have included their pets in holiday celebrations.
"They sky may be the limit when it comes to consumers' investing in the best pet grooming products available," the Packaged Facts report says.
Big box pet supply chains and mass retailers aren't on the agenda for Isle of Dogs
, Kailas Rao
hopes to get his
brand into high-end retailers who don't ordinarily sell pet supplies: Saks Fifth Avenue and Bloomingdale's
"We're talking to them," Kailas Rao
Wisconsin Humane Society - Our Board
Contact Us - World Pet Association
Front Row (l to r) - Ruth Jeffers, Steve Segner, Kailas Rao, Mike Lasky, Dominic Buccellato, Jacinthe Moreau and Tim Vokes