Desai co-founded the business with his wife, Neerja Sethi, in 1980, starting the company from their apartment in Michigan with an initial investment of just $2,000. Over time, he expanded the business, and today he is a renowned billionaire with a net worth of $1.6 billion (Rs 13,501 crore).
Few employees take the risk of starting their own ventures and turning them into successful businesses. One such example is Bharat Desai, who founded the IT consulting and outsourcing company, Syntel.
Desai co-founded the business with his wife, Neerja Sethi, in 1980, starting the company from their one-room flat of the apartment in Michigan with an initial investment of just $2,000. Over time, he expanded the business, and today he is a renowned billionaire with a net worth of $1.6 billion (Rs 13,501 crore).
In 1976, Bharat Desai moved to the United States while working with late Ratan Tata’s company Tata Consultancy Services. Later, he started his own business.
Bharat Desai earned his graduate degree in electrical engineering from IIT Bombay. While working, he met Neerja Sethi, and the two got married. They decided to quit their jobs and start their own venture, founding Syntel.
The company delivered remarkable performance in its first year, registering $30,000 in sales. However, French IT company Atos acquired Syntel for $3.4 billion (Rs 28,690 crore). According to Forbes, Bharat Desai is a billionaire with a net worth of $1.6 billion (Rs 13,501 crore).
According to a report, Bharat Desai ranks 2111th among the world’s richest people. He has earned stature and repute alongside other top IT professionals and CEOs such as Satya Nadella, Sundar Pichai, Abhishek Mehrotra, and Jai Chaudhry.