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Ashok Soota | |
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| Born | November 12, 1942 |
| Education | IIT Roorkee |
| Years active | 1965 - present |
| Known for | Wipro, Mindtree, Happiest Minds |
Ashok Soota is an Indian billionaire and entrepreneur. [1] [2] [3] [4] He has been a part of IT companies such as Wipro, Mindtree, and Happiest Minds Technologies. [5] [6] [1]
Ashok Soota was born on November 12th, 1942. He earned a bachelor's degree in Electrical Engineering from IIT Roorkee in 1964. [7]
Ashok helped grow Wipro's IT business from a $2 million hardware firm into a $2 billion(₹17,500 crore) market cap company [8] and India's second-largest IT company after TCS by the end of the 1990s. [5] Soota was hired by Azim Premji in 1985 to expand Wipro. [9]
In 1999, Soota co-founded Mindtree, an IT services company, alongside nine others. He served as chairman and managing director. [10] The company had a market cap of $21 Billion(₹1.861 trillion) as of 2024. [11]
In 2011, Soota founded Happiest Minds Technologies, a digital transformation and IT consulting firm. The company went public in 2020, with its initial public offering (IPO) being oversubscribed 151 times. [12] As of 2023, Happiest Minds had around 5,000 employees and a global presence. [13] [3] [5] [14]
In 2021, Soota established the Scientific Knowledge for Ageing and Neurological Ailments (SKAN) Research Trust, a not-for-profit medical research institution focusing on aging and neurological disorders. [15] [16] [17] He pledged ₹600 crore (approx. USD 75 million) over 10 years to fund its activities. [18] SKAN has collaborations with institutions such as Cambridge University [19] and the Quadram Institute in the United Kingdom. [20]
