Bharat Desai is Chairman, Chief Executive Officer, and co-founder of Syntel (NASDAQ: SYNT), a
worldwide provider of Applications Outsourcing and e-Business solutions to Global 2000 firms.
This is accomplished through a full suite of offerings including e-Business solutions,
Customer Relationship Management, Data Warehousing, and application integration.
Under Desai’s direction, Syntel has grown dramatically over the past 22 years
to become a leading information technology services company. Syntel now employs more than 2,600
people in offices strategically located throughout North America, Europe, and Asia, as well as
seven fully-networked Global Development Centers in the US and India. Syntel has been profitable
since inception in 1980 and today, has revenues of over $170 million, more than $115 million in
cash, and no debt. Syntel has met or exceeded financial expectations all 20 quarters the company
has been publicly-traded on NASDAQ.
Syntel was recognized by Forbes Magazine as one of the “Best 200 Small
Companies in America” in both 2001 and 1998; by Business 2.0 as one of the "100 Fastest Growing
Tech Companies" in 2002; by Business Week as a “Hot Growth Company” in 1999 and 1998; and by
Money Magazine as one of the “Top 50 Stocks” (#17). IT Business Weekly, a leading IT weekly
published in Turkey, ranked a Web-based automotive marketplace built by Syntel as the top
automobile reference Web site in Turkey. Syntel was also ranked in the UPSIDE TODAY list of the
top 150 e-Business integrators (#13) as well as named in the VARBusiness 500 Architects of the
New Economy (#157) and the VARBusiness Top 500 Largest Solution Providers in North America.
In addition to running a successful corporation, the Governor of Michigan
appointed Desai to serve on the Board of Directors of Cyberstate.org, which is dedicated to
attracting high-tech businesses to the state. He has donated his time and Syntel resources to
various charitable organizations, including Detroit’s “Paint the Town,” an effort which cleans
troubled neighborhoods, as well as several United Way projects and global relief efforts
(Sept. 11 Fund, Bosnia, and Bhuj, India). Desai is a member of the Young Presidents’
Organization (YPO) of Detroit and sits on the Boards of Students in Free Enterprise
(SIFE) and
St. John Health System.
Desai received the “1999 Michigan Entrepreneur Award” from the Harvard
Business School and was recognized as “Entrepreneur of the Year” in 1996 by USA Today, NASDAQ,
and Crain’s Detroit Business. He holds a M.B.A. in Finance from the University of Michigan,
Ann Arbor and a Bachelor of Technology degree in Electrical Engineering from the Indian
Institute of Technology (IIT), Mumbai, India.