Sunil Wadhwani is an entrepreneur, investor, and philanthropist. He is best known as the co-founder and CEO
Mastech, Inc. and
IGATE. Born in
Delhi
Delhi, officially the National Capital Territory (NCT) of Delhi, is a city and a union territory of India containing New Delhi, the capital of India. Straddling the Yamuna river, primarily its western or right bank, Delhi shares borders w ...
,
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 so ...
, Sunil graduated from the
Indian Institute of Technology, Madras
Indian Institute of Technology Madras (IIT Madras) is a public technical university located in Chennai, Tamil Nadu, India. As one of the Indian Institutes of Technology (IITs), it is recognized as an Institute of National Importance and has be ...
, before moving to the United States of America to earn a degree from Carnegie Mellon University.
Sunil is presently the Managing Partner at SWAT Capital. He is focused on several philanthropic initiatives; two of which are, the Wadhwani Initiative for Sustainable Healthcare (WISH) and the Wadhwani Institute for Artificial Intelligence (WIAI). He currently resides in
Pittsburgh
Pittsburgh ( ) is a city in the Commonwealth (U.S. state), Commonwealth of Pennsylvania, United States, and the county seat of Allegheny County, Pennsylvania, Allegheny County. It is the most populous city in both Allegheny County and Wester ...
,
Pennsylvania
Pennsylvania (; ( Pennsylvania Dutch: )), officially the Commonwealth of Pennsylvania, is a state spanning the Mid-Atlantic, Northeastern, Appalachian, and Great Lakes regions of the United States. It borders Delaware to its southeast, ...
.
Early life and education
Sunil Wadhwani was born in
Delhi
Delhi, officially the National Capital Territory (NCT) of Delhi, is a city and a union territory of India containing New Delhi, the capital of India. Straddling the Yamuna river, primarily its western or right bank, Delhi shares borders w ...
, India, and is the brother of Indian-born American
billionaire
A billionaire is a person with a net worth of at least one billion (1,000,000,000, i.e., a thousand million) units of a given currency, usually of a major currency such as the United States dollar, euro, or pound sterling. The American busin ...
,
Romesh Wadhwani
Romesh T. Wadhwani (born 1947/48) is an Indian-American billionaire businessman, the founder, chairman and CEO of Symphony Technology Group (STG), a private equity firm for software, Internet and technology services companies.
Early life
Rome ...
.
In 1974, Sunil received a B.Tech. (Bachelor of Technology) from
IIT Madras. He later obtained a Master of Science from
Carnegie Mellon University
Carnegie Mellon University (CMU) is a private research university in Pittsburgh, Pennsylvania. One of its predecessors was established in 1900 by Andrew Carnegie as the Carnegie Technical Schools; it became the Carnegie Institute of Technology ...
, Pittsburgh in 1976.
Philanthropy
In 2000, Wadhwani and his family established the Wadhwani Impact Trust to leverage innovation to transform the lives and communities of the world's most vulnerable populations. The nonprofit supports two organizations in India and other US charities.
Wadhwani Initiative for Sustainable Healthcare (WISH)
The Wadhwani Initiative for Sustainable Healthcare (WISH) was founded in 2014 by Sunil Wadhwani to transform the primary
healthcare
Health care or healthcare is the improvement of health via the prevention, diagnosis, treatment, amelioration or cure of disease, illness, injury, and other physical and mental impairments in people. Health care is delivered by health profe ...
system in low-income areas of India and other
developing countries
A developing country is a sovereign state with a lesser developed industrial base and a lower Human Development Index (HDI) relative to other countries. However, this definition is not universally agreed upon. There is also no clear agreem ...
using innovation and technology.
WISH works with healthcare innovators, the government, and other private sector partners. to support over 1,000 digital health and wellness centers in India. These centers have served over 30 million patients with free healthcare. WISH also established an Innovation Unit at the National Health Authority in India to mainstream digital health innovations such as point-of-care-services, smart clinics, and e-health modules.
WISH is currently present in several states in India including
Assam
Assam (; ) is a state in northeastern India, south of the eastern Himalayas along the Brahmaputra and Barak River valleys. Assam covers an area of . The state is bordered by Bhutan and Arunachal Pradesh to the north; Nagaland and Manipur ...
,
Rajasthan
Rajasthan (; lit. 'Land of Kings') is a state in northern India. It covers or 10.4 per cent of India's total geographical area. It is the largest Indian state by area and the seventh largest by population. It is on India's northwestern si ...
, Madhya Pradesh, Uttar Pradesh, and
Delhi
Delhi, officially the National Capital Territory (NCT) of Delhi, is a city and a union territory of India containing New Delhi, the capital of India. Straddling the Yamuna river, primarily its western or right bank, Delhi shares borders w ...
.
Wadhwani Institute for Artificial Intelligence (WIAI)
In February 2018, Sunil Wadhwani, along with his brother, Romesh Wadhwani, founded the institute to develop and deploy transformative solutions using
artificial intelligence
Artificial intelligence (AI) is intelligence—perceiving, synthesizing, and inferring information—demonstrated by machines, as opposed to intelligence displayed by animals and humans. Example tasks in which this is done include speech re ...
,
machine learning
Machine learning (ML) is a field of inquiry devoted to understanding and building methods that 'learn', that is, methods that leverage data to improve performance on some set of tasks. It is seen as a part of artificial intelligence.
Machine ...
,
data science
Data science is an interdisciplinary field that uses scientific methods, processes, algorithms and systems to extract or extrapolate knowledge and insights from noisy, structured and unstructured data, and apply knowledge from data across a br ...
s, and related areas to address societal challenges in domains such as health, agriculture, infrastructure, education, and more.
WIAI, led by a team of more than 200 AI / ML experts, has developed over 30 AI solutions being scaled across various states in India. These solutions include smart differential diagnosis enabling over 5 million AI-powered consultations, a system that helps predict high risk pregnancies and suggest interventions affecting 30+ million women around the world each year, a suite of TB solutions impacting over 2.6 million people, and an AI-powered tool for agricultural pest management being used by 33,000 farmers across 6 states to protect crops.
Vibrant Pittsburgh (VP)
In 2010, Wadhwani co-founded Vibrant Pittsburgh. Vibrant Pittsburgh is an economic development non-profit catalyzing workplace diversity in the Pittsburgh region by providing resources and partnering with the business community. It trains over 2,000 employees annually with the goal of measurable progress toward a more diverse, equitable, inclusive, and attractive organizations for the talent of today and tomorrow.
Other Service
Wadhwani serves, or served, as a Trustee or Director of
Carnegie-Mellon University,
George Washington University
, mottoeng = "God is Our Trust"
, established =
, type = Private federally chartered research university
, academic_affiliations =
, endowment = $2.8 billion (2022)
, preside ...
, The US Federal Reserve Bank (Pittsburgh Branch), United Way Worldwide, UPMC Health System, Allegheny Conference on Community Development, and Pittsburgh Cultural Trust.
Business career
In 1981, he founded UroTec Systems Corp, and served as its president and CEO until 1986.
Following his stint with UroTec, he co-founded Mastech Digital Inc., formerly Mastech Inc., serving as its chairman until September 1996. Annualized growth of 56% over three years in the late 1990s landed the company on ''BusinessWeek's'' Hot 100 Growth List.
By the 2000s, the company had expanded to 34 countries across
North America
North America is a continent in the Northern Hemisphere and almost entirely within the Western Hemisphere. It is bordered to the north by the Arctic Ocean, to the east by the Atlantic Ocean, to the southeast by South America and the Car ...
,
Europe
Europe is a large peninsula conventionally considered a continent in its own right because of its great physical size and the weight of its history and traditions. Europe is also considered a Continent#Subcontinents, subcontinent of Eurasia ...
, and
Asia
Asia (, ) is one of the world's most notable geographical regions, which is either considered a continent in its own right or a subcontinent of Eurasia, which shares the continental landmass of Afro-Eurasia with Africa. Asia covers an area ...
. The Indian
sub-continent
A continent is any of several large landmasses. Generally identified by convention rather than any strict criteria, up to seven geographical regions are commonly regarded as continents. Ordered from largest in area to smallest, these seven ...
became the company's largest delivery hub. Under his leadership, IGATE recorded revenues of $1.2 billion and grew to 34,000 employees.
The company was featured among the five best companies to work at in India. CareerBliss - based on employee happiness and satisfaction quotients - featured IGATE among the twenty-five best companies to work for in the United States of America.
By July 2015, French IT company,
Capgemini completed a $4 billion acquisition of IGATE, recorded as one of the largest deals in the Indian information technology sector.
In 2016, Mastech repositioned itself as a digital technologies company - Mastech Digital and continues to be listed on the
NYSE
The New York Stock Exchange (NYSE, nicknamed "The Big Board") is an American stock exchange in the Financial District, Manhattan, Financial District of Lower Manhattan in New York City. It is by far the List of stock exchanges, world's largest s ...
as MHH.
In addition to currently being part of Mastech Digital's board of directors, Sunil also serves as the
Managing Partner
A partner in a law firm, accounting firm, consulting firm, or financial firm is a highly ranked position, traditionally indicating co-ownership of a partnership in which the partners were entitled to a share of the profits as "equity partners". The ...
of SWAT Capital.
Recognition
In July 2023, Wadhwani delivered the keynote address on innovation in healthcare at a G20 working group meeting in Goa, India.
In recognition of his success as an angel investor, he received the Lifetime Achievement Award from the Pittsburgh Venture Capital Association at the 23rd PVCA Annual Luncheon in May 2017.
Sunil Wadhwani was recognized as the EY Entrepreneur of the Year, an award by Ernst & Young, and was honored as the Pittsburgh Man of the Year by Vectors.
In 1991, Sunil Wadhwani was honored as a Distinguished Alumnus of the Indian Institute of Technology, Madras.
Sunil has written articles for various publications, including Datamation, Systems Integrator, and Readers Digest. He has been quoted in publications such as Business Week, the Wall Street Journal, Information Week, and Investors Business Daily.
Investments
Sunil Wadhwani is an active angel investor. He has invested in over 30 early-stage technology companies, serving on the board in several of these ventures.
Sunil has invested in various industries, including healthcare, life sciences, IT, social media, software, and financial services.
W Health Ventures
W Health Ventures is a venture capital firm established by Sunil Wadhwani and his family, dedicated to investing in and growing early-stage healthcare companies leveraging technology to address critical unmet healthcare needs. Operating in both the United States and India, W Health Ventures has supported companies such as BeatO, a platform specializing in diabetes management, Wysa, an AI-driven mental health chatbot, Jasper Health, a comprehensive cancer care platform; and Ryse Health, a provider of digital health solutions and others.
2070 Health
Wadhwani has led a majority investment into 2070 Health, a venture studio with the mission of building patient-centric healthcare companies from the ground up. This innovative venture is dedicated to transforming the healthcare industry by combining futuristic ideas, exceptional founders, and a robust innovation platform. The studio has raised funding to focus on identifying and addressing unmet healthcare needs, partnering with aspiring entrepreneurs, providing the necessary resources and support, and collaborating closely to develop groundbreaking solutions tailored to the needs of patients.
Personal life
He is married to Nita. They have a son, Rohan, and a daughter, Shalina.
References
{{DEFAULTSORT:Wadhwani, Sunil
1950s births
Living people
American people of Indian descent
American people of Sindhi descent
Businesspeople from Mumbai
IIT Madras alumni
Carnegie Mellon University alumni
Businesspeople from Pittsburgh