Jyoti Bansal: Meet the IIT-Delhi alumnus who sold his start-up for $3.7 billion

Jyoti Bansal stepped down as the Chief Executive Officer in September 2015, handing over day-to-day operations to David Wadhwan. Photo: Bloomberg

Jyoti Bansal stepped down as the Chief Executive Officer in September 2015, handing over day-to-day operations to David Wadhwan. Photo: Bloomberg

NEW DELHI: Indian-American entrepreneur Jyoti Bansal has agreed to sell his application intelligence venture AppDynamics to Cisco Systems for a $3.7 billion (Rs 25,150 crore approx) deal. The announcement has come a day before AppDynamics was to launch its initial public offer (IPO), which valued the company at $2 billion.

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