From Tata's TCS to Tech Titan: The Inspiring Journey of Bharat Desai
New Delhi, October 11, 2024 - Bharat Desai, a Kenyan-born, IIT-Bombay alumnus, has carved a niche for himself in the annals of entrepreneurial success. After a stint with Ratan Tata’s renowned Tata Consultancy Services (TCS), Desai ventured out to establish his own empire, culminating in a staggering sale of his company for Rs 28,000 crore.
Desai's journey began in the late 1970s when he moved to the United States to work as a programmer for TCS. However, his entrepreneurial spirit was ignited when he met his future wife and business partner, Neerja Sethi. Together, they founded Syntel, an IT consulting and outsourcing firm, in 1980 from their modest apartment in Troy, Michigan.
Starting with just Rs 16,000, the couple's vision and relentless drive saw Syntel grow from a small startup with first-year sales of USD 30,000 to a global IT powerhouse. Their hard work paid off when in 2018, French IT firm Atos SE acquired Syntel for USD 3.4 billion, approximately Rs 28,690 crore, marking one of the largest deals in the IT sector.
Desai's educational background includes a bachelor's degree in electrical engineering from IIT Bombay and an MBA in finance from the Stephen M. Ross School of Business at the University of Michigan. His story is not just about financial success but also about the power of innovation, perseverance, and partnership.
As of October 11, 2024, Forbes lists Bharat Desai's net worth at $1.6 billion (approximately Rs 13,501 crore), placing him at the 1945th rank among the world's billionaires. His journey from an IIT graduate to a tech mogul exemplifies the potential of IIT alumni to not only excel in technology but also to lead transformative business ventures globally.
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