Ramalinga Raju, is an Indian businessman, and a pioneer of the Information Technology industry in India.. He is the Chairman of Satyam Computer Services Ltd. It was founded in the late 1980’s after venturing earlier into other businesses such as construction and textiles.
Ramalinga Raju was born on September 16, 1954 in a family of farmers. He did his B. Com from Andhra Loyola College at Vijayawada and subsequently did his MBA from Ohio University, USA. Ramalinga Raju had a stint at Harvard too. He attended the Owner / President course at Harvard.
After returning to India in 1977, Ramalinga Raju moved away from the traditional agriculture business and set up a spinning and weaving mill named Sri Satyam. . Thereafter he shifted to the real estate business and started a construction company called Satyam Constructions. In 1987, Ramalinga Raju founded Satyam Computer Services along with one of his brothers-in-law, DVS Raju. The company went public in 1992. With the launch of Satyam Infoway (Sify) Satyam became one of the first to enter Indian internet service market. Today, Satyam has a global presence and serves 44 Fortune 500 and over 390 multinational corporations.
Now the company has rapidly developed and became a true multinational company with thousands of employees spread over multiple countries.
Ramalinga Raju has won several awards and honors. These include Ernst & Young Entrepreneur of the Year for Services in 1999, Dataquest IT Man of the Year in 2000, and CNBC’s Asian Business Leader – Corporate Citizen of the Year award in 2002.
It took the Satyam founder more than two decades to achieve fame and less than two weeks to turn into a rogue figure, when on 7th Jan 2009, he accepted the fraud of billions of rupee in the company, done by him.