{"id":560,"date":"2026-04-20T00:30:00","date_gmt":"2026-04-20T00:30:00","guid":{"rendered":"https:\/\/juskat.com\/?p=560"},"modified":"2026-04-20T00:30:00","modified_gmt":"2026-04-20T00:30:00","slug":"senior-it-executive-joins-ai-party-as-startup-founder-economic-times","status":"publish","type":"post","link":"https:\/\/juskat.com\/?p=560","title":{"rendered":"Senior IT executive joins AI party as startup founder &#8211; Economic Times"},"content":{"rendered":"<p><\/p>\n<div>For senior IT executives in India, the hottest new companies are their own AI startups.<\/p>\n<p>Since mid-2025, at least a dozen senior U.S.-based executives have left major tech companies to launch new ventures as the rise of artificial intelligence creates a sweet spot for startup founders to transition.<\/p>\n<p>Coforge announced on Friday that executive vice president Anup Kumar has resigned to pursue an &#8220;entrepreneurial path.&#8221;<\/p>\n<p>These founders leverage years of customer contacts and knowledge of how large enterprises work to deliver cost-effective, AI-driven services. Experts say they know how to incorporate agent AI services to solve problems faster and cheaper than traditional IT companies.<\/p>\n<p>&#8220;Senior leaders are leaving big tech companies because for the first time, small AI-native teams can win the kinds of jobs that once required armies of engineers,&#8221; said Gaurav Parab, principal industry analyst for IT services at consulting firm Nelson Hall. \u201cWithout the burden of legacy structures, companies can innovate faster, capture niche opportunities such as sub-industry use cases overlooked by larger companies, and scale through the networks they have built over decades.\u201d<\/p>\n<p>In one case, the entire senior leadership of business process outsourcing company FirstSource&#8217;s healthcare division left in February this year to launch Simplify Alpha, an ET investigation has revealed.<!--$!--><template data-dgst=\"BAILOUT_TO_CLIENT_SIDE_RENDERING\"\/><!--\/$--><\/p>\n<figure class=\"jsx-47b67a40065ace7e imgEmbed\">\n<div class=\"jsx-47b67a40065ace7e figureWrapperLink\"><img src=\"https:\/\/juskat.com\/wp-content\/uploads\/2026\/04\/Senior-IT-executive-joins-AI-party-as-startup-founder.jpg\" height=\"270\" alt=\"Screenshot image 2026-04-19231907\" width=\"360\" style=\"max-width:100%\" loading=\"lazy\" decoding=\"async\" class=\"jsx-fc85d5530152de43 figImage\"\/><span class=\"jsx-47b67a40065ace7e imgagency\">Etech<\/span><\/div>\n<\/figure>\n<p>They include Venkatiri Vandali, former President and Chief Sales Transformation Officer of Healthcare and Life Sciences at FirstSource; Deepan Vashi, Executive Vice President and Global Head of Solutions, Health Plans and Health Services; Anup Panthaloor, Vice President of Health Plans and Healthcare Services; Harish Ramachandran, SVP of Healthcare; and Govinandan Ranganathan, Vice President of Business Process Architecture as a Service.<\/p>\n<p>\u201cAI has negated the benefits of scale,\u201d Vandari told ET. \u201cOperating in silos of capabilities, geography, deal size, etc. is now a weakness rather than a strength. Everyone is chasing multi-billion dollar transformations, but the real unmet demand lies in the trenches. $2 million problems are too complex for junior teams and too small for global companies. We built Simplify Alpha to fill that very gap, and the client appetite there is insatiable.\u201d<\/p>\n<p>He said their new business has already partnered with a healthcare software provider and developed and acquired an implementation practice of 400 engineers.<\/p>\n<p>\u201cThe catalyst was agent AI,\u201d says Jayaprakash Bandhu. He recently left his senior leadership role at Mphasis to co-found an AI startup that is currently in stealth mode. \u201cI spent 26 years in enterprise IT, and for the first time I saw a shift in technology where a small team could build something in a matter of weeks that previously took hundreds of engineers and years. That&#8217;s what inspired me to go out and start building.\u201d<\/p>\n<p>For IT services companies, this talent drain is a double whammy. Not only do they have to deal with the disruption of talent departures, but they also have to face new competition to learn how they work.<\/p>\n<p>For example, for FirstSource, healthcare contributes more than 30% of its revenue.<\/p>\n<p>Nelson Hall&#8217;s Parab expects this trend of senior executives turning to founders will accelerate.<\/p>\n<p>Industry insiders say these founders are sought after by venture capitalists. Enterprise AI services are a popular investment area, and VCs want to back companies with proven client connections.<\/p>\n<p>In its AI Services Report late last year, Bessemer Venture Partners said the best founding teams for AI-enabled services startups will have &#8220;deep expertise in selling, building, and delivering software in their subject area.&#8221;<\/p>\n<p>The speed with which these executives are able to acquire clients is also critical to their investment thesis.<\/p>\n<\/div>\n<p>#Senior #executive #joins #party #startup #founder #Economic #Times<\/p>\n","protected":false},"excerpt":{"rendered":"<p>For senior IT executives in India, the hottest new companies are their own AI startups. Since mid-2025, at least a dozen senior U.S.-based executives have left major tech companies to launch new ventures as the rise of artificial intelligence creates a sweet spot for startup founders to transition. Coforge announced on Friday that executive vice [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":561,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[619,612,614,620,622,113,621,624,611,573,617,615,625,626,623,613,584,616,420,618],"class_list":["post-560","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","tag-agent-ai","tag-ai-startup","tag-artificial-intelligence","tag-bessemer-venture-partners","tag-coforge","tag-economic","tag-emphasis","tag-executive","tag-first-source","tag-founder","tag-healthcare-software-provider","tag-it-services","tag-joins","tag-party","tag-senior","tag-senior-it-executive","tag-startup","tag-the-path-to-entrepreneurship","tag-times","tag-venture-capitalist"],"_links":{"self":[{"href":"https:\/\/juskat.com\/index.php?rest_route=\/wp\/v2\/posts\/560","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/juskat.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/juskat.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/juskat.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/juskat.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=560"}],"version-history":[{"count":0,"href":"https:\/\/juskat.com\/index.php?rest_route=\/wp\/v2\/posts\/560\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/juskat.com\/index.php?rest_route=\/wp\/v2\/media\/561"}],"wp:attachment":[{"href":"https:\/\/juskat.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=560"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/juskat.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=560"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/juskat.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=560"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}