IITian made every one in three employees of his company millionaires overnight: Who is Jyoti Bansal?
Published on: Oct. 13, 2025, 12:11 a.m. | Source: The Economic Times
In 2017, IIT Delhi alumnus Jyoti Bansal sold his software startup AppDynamics to Cisco for $3.7 billion, just before its planned IPO. Prioritizing employees over personal gain, Bansals decision made roughly 400 staff members millionaires, with many earning over $5 million. The sale reduced financial risk for employees and allowed Bansal to pursue new ventures like Harness and Traceable. His approach highlights a rare founder focus on employee welfare in startup culture.
