Arjun Malhotra (born 7 January 1949) is an Indian entrepreneur, industrialist and philanthropist. In 1975, Malhotra co-founded
HCL Group
HCLTech (formerly Hindustan Computers Limited or HCL Technologies) is an Indian multinational information technology (IT) services and consulting company headquartered in Noida.It emerged as an independent company in 1991 when HCL entered into ...
, where he served as vice chairman.
He also founded TechSpan and served as
chief executive officer
A chief executive officer (CEO), also known as a central executive officer (CEO), chief administrator officer (CAO) or just chief executive (CE), is one of a number of corporate executives charged with the management of an organization especial ...
of
US-based firm Headstrong after the two companies merged. He also co-founded
SPIC MACAY
''Spic'' (also spelled ''spick'') is an ethnic slur used in the United States for people from Latin American countries and states.
Etymology
Some sources from the United States believe that the word ''spic'' is a play on a Spanish-accented pron ...
along with his college friend
Kiran Seth for the promotion of Indian music and culture amongst youth.
Personal life and education
Malhotra was born to an Army man and doctor mother in 1949 in
Kolkata
Kolkata (, or , ; also known as Calcutta , List of renamed places in India#West Bengal, the official name until 2001) is the Capital city, capital of the Indian States and union territories of India, state of West Bengal, on the eastern ba ...
in a family of migrants from
Peshawar
Peshawar (; ps, پېښور ; hnd, ; ; ur, ) is the sixth most populous city in Pakistan, with a population of over 2.3 million. It is situated in the north-west of the country, close to the International border with Afghanistan. It is ...
and
Lahore
Lahore ( ; pnb, ; ur, ) is the second most populous city in Pakistan after Karachi and 26th most populous city in the world, with a population of over 13 million. It is the capital of the province of Punjab where it is the largest ...
. He did his nursery schooling in
Loreto which was close to his house in Park Mansions on Ripon Street, Calcutta. After his father got transferred to Delhi and passing away of his maternal grandfather, a scientist who was president of
Indian Science Congress
Indian Science Congress Association(ISCA) is a premier scientific organisation of India with headquarters at Kolkata, West Bengal. The association started in the year 1914 in Kolkata and it meets annually in the first week of January. It has a ...
in 1954; the family shifted to
New Delhi
New Delhi (, , ''Naī Dillī'') is the Capital city, capital of India and a part of the NCT Delhi, National Capital Territory of Delhi (NCT). New Delhi is the seat of all three branches of the government of India, hosting the Rashtrapati B ...
where he did his schooling in
St. Columba's School and then high school from
Doon School,
Dehradun
Dehradun () is the capital and the most populous city of the Indian state of Uttarakhand. It is the administrative headquarters of the eponymous district and is governed by the Dehradun Municipal Corporation, with the Uttarakhand Legislativ ...
. He joined
IIT, Kharagpur in 1965 for his degree in Electronics and Electrical Communications. He came to
United States
The United States of America (U.S.A. or USA), commonly known as the United States (U.S. or US) or America, is a country primarily located in North America. It consists of 50 U.S. state, states, a Washington, D.C., federal district, five ma ...
to do Advanced Management Program at
Harvard Business School
Harvard Business School (HBS) is the graduate business school of Harvard University, a private research university in Boston, Massachusetts. It is consistently ranked among the top business schools in the world and offers a large full-time MBA ...
. He has a younger sister, who is into academics. He married his wife Kiran at 22. He has a son Shiven Malhotra (b.1974) and daughter Poorva (b.1977). He shuttles between
New Delhi
New Delhi (, , ''Naī Dillī'') is the Capital city, capital of India and a part of the NCT Delhi, National Capital Territory of Delhi (NCT). New Delhi is the seat of all three branches of the government of India, hosting the Rashtrapati B ...
and
Saratoga, California
Saratoga is a city in Santa Clara County, California. Located in Silicon Valley, in the southern Bay Area, its population was 31,051 at the 2020 census. Saratoga is an affluent residential community, known for its wineries, restaurants, and attra ...
.
Career
Malhotra started his career in 1970, when he joined
Delhi Cloth Mills as Senior Management Trainee.
In 1972 along with Shiv Nadar he was assigned to set up marketing division for DCM Data Patterns to sell pocket
calculators
An electronic calculator is typically a portable electronic device used to perform calculations, ranging from basic arithmetic to complex mathematics.
The first solid-state electronic calculator was created in the early 1960s. Pocket-sized ...
.
In 1975, he quit DCM and partnered with
Shiv Nadar
Shiv Nadar (born 14 July 1945) is an Indian billionaire industrialist and philanthropist.
He is the founder and chairman emeritus of HCL Technologies Limited and the Shiv Nadar Foundation. Nadar founded HCL in the mid-1970s and transformed th ...
,
Ajai Chowdhry
Ajai Chowdhry (born 29 August 1950) is one of the six founding members of HCL (Hindustan Computers Limited). He is currently the Chairman-Board of Governors at National Institute of Foundry and Forge Technology (NIFFT), Ranchi, International ...
, D.S. Puri, Yogesh Vaidya and Subhash Arora to set up a company known as Microcomp Limited, which sold digital calculators, eventually becoming its Vice Chairman. Microcomp created a joint sector company named Hindustan Computers Limited and began manufacturing mini and microcomputers. He led the company's
joint venture
A joint venture (JV) is a business entity created by two or more parties, generally characterized by shared ownership, shared returns and risks, and shared governance. Companies typically pursue joint ventures for one of four reasons: to acce ...
with
Hewlett Packard
The Hewlett-Packard Company, commonly shortened to Hewlett-Packard ( ) or HP, was an American multinational information technology company headquartered in Palo Alto, California. HP developed and provided a wide variety of hardware components ...
in India and also companys
Hong Kong
Hong Kong ( (US) or (UK); , ), officially the Hong Kong Special Administrative Region of the People's Republic of China (abbr. Hong Kong SAR or HKSAR), is a city and special administrative region of China on the eastern Pearl River Delta i ...
,
Australia, and
New Zealand
New Zealand ( mi, Aotearoa ) is an island country in the southwestern Pacific Ocean. It consists of two main landmasses—the North Island () and the South Island ()—and over 700 List of islands of New Zealand, smaller islands. It is the ...
business operations.
He took over HCL's US operation in 1989.
Malhotra, along with Sandeep Sahai, Nagesh Mehra, Puneet Pushkarna, Aloke Paskar, Curt Terwilliger, Harsh Lohit, Adarsh Mehra, and Bonnie Singh started his IT consulting company TechSpan in 1998 with funding from
Goldman Sachs and Walden. He later merged the company with IT services company Headstrong in 2003, and became that company's CEO. HeadStrong was later acquired by
Genpact
Genpact is an American professional services firm legally domiciled in Bermuda with its headquarters in New York City, New York. The company currently employs more than 100,000 people and provides services to clients in over 30 countries worldwid ...
for US$550 million in 2011.
Malhotra was described by
Business Today as a "serial technology entrepreneur" who "was ahead of the learning curve" with each of his companies. He setup Magic Software, a software company in 2011. He serves as director for various other companies including Lumis Partners, Evolko Inc, Mapmygenome and Number Theory Software, an
artificial intelligence
Artificial intelligence (AI) is intelligence—perceiving, synthesizing, and inferring information—demonstrated by machines, as opposed to intelligence displayed by animals and humans. Example tasks in which this is done include speech r ...
and
data science
Data science is an interdisciplinary field that uses scientific methods, processes, algorithms and systems to extract or extrapolate knowledge and insights from noisy, structured and unstructured data, and apply knowledge from data across a bro ...
solution provider.
He is Chairman of Board of Vision 2020, an IIT Alumni lead initiative to help IIT raise endowment funds. He is on Board of Governors of IIT - Foundation (Kharagpur),
Indian School of Business
The Indian School of Business (ISB) is a private business school established in India in 2001. It has two parallel campuses in India, in Hyderabad (Telangana) and Mohali (Punjab). It offers certificates in various post-graduate management pro ...
Hyderabad
Hyderabad ( ; , ) is the capital and largest city of the Indian state of Telangana and the ''de jure'' capital of Andhra Pradesh. It occupies on the Deccan Plateau along the banks of the Musi River (India), Musi River, in the northern part ...
,
IIM Udaipur,
IIM Shillong. member of Indian Public Schools Society that runs the Doon School. He is also Executive Council member of
NASSCOM
The National Association of Software and Service Companies (NASSCOM) is an Indian non-governmental trade association and advocacy group, focused mainly on the technology industry of India. Established in 1988, NASSCOM is a non-profit organ ...
.
Philanthropy
Malhotra founded Prof G S Sanyal School of Telecommunications and Prof M N Faruqui Center for Innovation at IIT (Kharagpur). He also co-founded
SPIC MACAY
''Spic'' (also spelled ''spick'') is an ethnic slur used in the United States for people from Latin American countries and states.
Etymology
Some sources from the United States believe that the word ''spic'' is a play on a Spanish-accented pron ...
along with his college friend
Kiran Seth for the promotion of Indian music and culture amongst youth.
Awards and honors
* Malhotra was awarded the Albert Einstein Technology Medal in 2001.
* In 2003, he was named a Life Fellow by
IIT Kharagpur
Indian Institute of Technology Kharagpur (IIT Kharagpur) is a Public university, public institute of technology established by the Government of India in Kharagpur, West Bengal, India. Established in 1951, the institute is the first of the Indi ...
, and later awarded the Doctor of Science (Honoris Causa) by the university in 2012.
* In 2013, he received an Honorary Doctorate from Punjab Technical University.
* Dataquest Lifetime Achievement Award in 2018.
* Malhotra was hosted by
IIT Bhubaneswar for motivational talk on "E-Day" on 17 September 2018.
* Dr. B.C. Roy Gold Medal.
References
{{DEFAULTSORT:Malhotra, Arjun
IIT Kharagpur alumni
Living people
1949 births
Businesspeople in software
Indian chief executives
Indian billionaires
20th-century Indian businesspeople
Businesspeople from Kolkata
The Doon School alumni