Soota trades tech for a healthier next act
IT industry veteran Ashok Soota is selling a major share of his stake in Happiest Minds Technologies to fund his ventures in medical research and healthcare. The 83-year-old entrepreneur, known as a pioneer of the Indian IT services industry, intends to use the funds for his not-for-profit medical research trust, SKAN, and his healthcare venture, Happiest Health. The sale is part of a strategic deal to merge Happiest Minds with ITC Infotech, creating an AI-first enterprise with a target turnover of USD 1 billion by FY28.
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