Sunil Tekchand Wadhwani is an Indian-born American businessman, and philanthropist. He is best known as the co-founder of Mastech, Inc. and IGATE. Born in Mumbai, Sunil graduated from the Indian Institute of Technology, Madras, before moving to the United States to earn a degree from Carnegie Mellon University. Wadhwani is the managing partner at SWAT Capital, and is involved with two philanthropic initiatives, the Wadhwani Institute for Sustainable Healthcare and the Wadhwani Institute for Artificial Intelligence. He resides in Pittsburgh, Pennsylvania.
Wadhwani Initiative for Sustainable Healthcare (WISH)
Wadhwani established the WISH Foundation in 2014 with the focus to transform the healthcare system of low-income areas in India and other developing countries. The foundation follows a unique Public-Private Partnership model. It works with healthcare innovators, the government, and other private sector partners. WISH currently manages over 200 health centers in India. The model has been implemented in several states in India such as Assam, Rajasthan, and Delhi. Another key initiative by the foundation was to set up Health ATMs, designed to stock medical essentials and important drugs required in rural parts of India.
Wadhwani Institute for Artificial Intelligence (WIAI)
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. By the 2000s, the company had expanded to 34 countries across North America, Europe, and Asia. The Indian sub-continent became the company's largest delivery hub. Under his leadership, IGATE recorded revenues of $1.2 billion and grew to 34,000 employees. The revenue increase and expansion was attributed to the company's acquisition of Patni Computers - a $1 billion deal, helmed by both co-founders - Sunil Wadhwani and Ashok Trivedi. 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. It saw the exit of both Sunil and Ashok Trivedi. Sunil earned $504.2 million from 1,05,06,075 shares. In 2016, Mastech repositioned itself as a digital technologies company - Mastech Digital, and continues to be listed on the NYSE as MHH. Sunil Wadhwani continues to be part of Mastech Digital's board of directors, and currently serves as the Managing Partner of SWAT Capital.
Personal life
He is married to Nita. They have a son, Rohan, and a daughter, Shalina.