8 months ago
Indian H1-B Techie Jyoti Bansal Builds $5.5B Business
Jyoti Bansal is an Indian entrepreneur who moved to the United States with very little money.
He worked hard, studied computer engineering, and eventually started his own company called AppDynamics, which he sold for a lot of money.
After taking some time off, he started another company called Harness, which uses artificial intelligence to help other companies with their software.
Harness recently got a lot of money from investors, making Jyoti a billionaire.
He believes in the importance of skilled workers and has criticized strict visa rules.
Jyoti Bansal, an Indian-origin entrepreneur, became a billionaire after his AI startup Harness raised $240 million at a $5.5 billion valuation.
Bansal moved to the United States from India with limited funds and worked as an engineer for seven years before becoming a US citizen in 2016.
He previously founded AppDynamics, which was acquired by Cisco for $3.7 billion in 2017.
Harness is an AI-based software delivery platform that automates tasks like testing and securing software, with clients including United Airlines and Citi.
Bansal has criticized visa rules that prevent skilled workers from starting companies while on temporary work visas.
- Who
- Jyoti Bansal, an Indian-origin entrepreneur and founder of Harness
- What
- Became a billionaire after his AI startup Harness raised $240 million at a $5.5 billion valuation
- Where
- United States, specifically Silicon Valley
- When
- Recent funding round led to his billionaire status
- Why
- Due to the success and valuation of his AI startup Harness, which focuses on software delivery and testing
Key facts
- Name
- Jyoti Bansal
- Origin
- Delhi, India
- Current Residence
- United States
- Company
- Harness
- Company Valuation
- $5.5 billion
- Net Worth
- $2.3 billion
- Education
- Indian Institute of Technology, Delhi
- Previous Company
- AppDynamics (sold to Cisco for $3.7 billion)
Quotes
Jyoti Bansal
Indian-origin entrepreneur and founder of Harness and AppDynamics
“Such restrictions are short-sighted.”
financialexpress.com
