Sashi Parvatha Reddi (born 27 May 1965) is an

entrepreneur Entrepreneurship is the creation or extraction of economic value. With this definition, entrepreneurship is viewed as change, generally entailing risk beyond what is normally encountered in starting a business, which may include other values t ...

venture capitalist Venture capital (often abbreviated as VC) is a form of private equity financing that is provided by venture capital firms or funds to start-up company, startups, early-stage, and emerging companies that have been deemed to have high growth poten ...

and a

philanthropist Philanthropy is a form of altruism that consists of "private initiatives, for the Public good (economics), public good, focusing on quality of life". Philanthropy contrasts with business initiatives, which are private initiatives for private goo ...

. Sashi Reddi was the

CEO A chief executive officer (CEO), also known as a central executive officer (CEO), chief administrator officer (CAO) or just chief executive (CE), is one of a number of corporate executives charged with the management of an organization especiall ...

and founder of AppLabs. Sashi Reddi was born in

Madras Chennai (, ), formerly known as Madras (List of renamed Indian cities and states#Tamil Nadu, the official name until 1996), is the capital city of Tamil Nadu, the southernmost states and territories of India, Indian state. The largest city ...

, India and later migrated to the US. He grew up in

Guntur Guntur () is a city and the administrative headquarters of Guntur district in the Indian state of Andhra Pradesh. Guntur is spread across 168.49 km square and is the third-largest city in the state. It is situated to the west of the ...

but attended boarding school at

Lawrence School, Lovedale The Lawrence School, Lovedale (formerly known as Lawrence Memorial Royal Military School), the namesake of its founder Brigadier-General Sir Henry Montgomery Lawrence KCB, is a co-educational boarding school located at Lovedale, which is a ...

. He is a recipient of the Louis Braille Award from the Pennsylvania Council for the Blind, for the year 2017. He currently sits on the advisory board of the Wharton Entrepreneurial Programs and the advisory board of IIT Hyderabad.

Early life and education

Sashi secured a

Bachelor of Technology A Bachelor of Technology (Latin ''Baccalaureus Technologiae'', commonly abbreviated as B.Tech. or BTech; with honours as B.Tech. (Hons.)) is an undergraduate academic degree conferred after the completion of a three to five-year program of stu ...

Computer Science and Engineering Computer Science and Engineering (CSE) is an academic program at many universities which comprises scientific and engineering aspects of computing. CSE is also a term often used in Europe to translate the name of engineering informatics academic p ...

in 1987 from

Indian Institute of Technology Delhi The Indian Institute of Technology, Delhi is a public institute of technology located in New Delhi, India. It is one of the 23 IITs created to be Centres of Excellence for training, research and development in science, engineering and technolo ...

. He did his MS in

Computer Science Computer science is the study of computation, automation, and information. Computer science spans theoretical disciplines (such as algorithms, theory of computation, information theory, and automation) to practical disciplines (includin ...

from

Courant Institute of Mathematical Sciences The Courant Institute of Mathematical Sciences (commonly known as Courant or CIMS) is the mathematics research school of New York University (NYU), and is among the most prestigious mathematics schools and mathematical sciences research cente ...

New York University New York University (NYU) is a private research university in New York City. Chartered in 1831 by the New York State Legislature, NYU was founded by a group of New Yorkers led by then- Secretary of the Treasury Albert Gallatin. In 1832, ...

. He obtained a

PhD PHD or PhD may refer to: * Doctor of Philosophy (PhD), an academic qualification Entertainment * '' PhD: Phantasy Degree'', a Korean comic series * ''Piled Higher and Deeper ''Piled Higher and Deeper'' (also known as ''PhD Comics''), is a newsp ...

in Operations and Information Management from

University of Pennsylvania The University of Pennsylvania (also known as Penn or UPenn) is a private research university in Philadelphia. It is the fourth-oldest institution of higher education in the United States and is ranked among the highest-regarded universit ...

–

The Wharton School The Wharton School of the University of Pennsylvania ( ; also known as Wharton Business School, the Wharton School, Penn Wharton, and Wharton) is the business school of the University of Pennsylvania, a private Ivy League research university in ...

Entrepreneur

He established a web content management company, EZPower Systems, in 1994. This was acquired in 1998 by DocuCorp (Nasdaq: DOCC) which is now a part of Oracle. Sashi was founder and CEO of AppLabs, a software testing company based out of Philadelphia, the US, which was acquired by Computer Sciences Corporation (NYSE: CSC) in September 2011. Post acquisition, Reddi took over the leadership of the Independent Testing Services division within CSC and in September 2012 was elevated to lead CSC's big data and analytics business.

Investments and funding

SRI Capital is among the first few institutional investors in various technology and media start-ups in

India India, officially the Republic of India ( Hindi: ), is a country in South Asia. It is the seventh-largest country by area, the second-most populous country, and the most populous democracy in the world. Bounded by the Indian Ocean on the ...

and

United States The United States of America (U.S.A. or USA), commonly known as the United States (U.S. or US) or America, is a country primarily located in North America. It consists of 50 U.S. state, states, a Washington, D.C., federal district, five ma ...

, with over 20 investments.

Awards and recognitions

References

* http://sricapital.com/ {{DEFAULTSORT:Reddi, Sashi Living people IIT Delhi alumni New York University alumni Wharton School of the University of Pennsylvania alumni Businesspeople from Chennai 1965 births

Hyderabad Hyderabad ( ; , ) is the capital and largest city of the Indian state of Telangana and the ''de jure'' capital of Andhra Pradesh. It occupies on the Deccan Plateau along the banks of the Musi River (India), Musi River, in the northern part ...

Economy of Hyderabad, India

businesspeople A businessperson, businessman, or businesswoman is an individual who has founded, owns, or holds shares in (including as an angel investor) a private-sector company. A businessperson undertakes activities (commercial or industrial) for the ...