Ajit Balakrishnan


Ajit Balakrishnan is an Indian entrepreneur, business executive and administrator. He is the founder, current Chairman and Chief Executive Officer of Rediff.com, an internet company based in Mumbai. Balakrishnan was Chairman of the Board of Governors of Indian Institute of Management Calcutta for two five-year terms ending in March 2017.

Education

Balakrishnan holds a Bachelor of Science from the University of Kerala and a Post Graduate Diploma in Management with Master in Business studies from Indian Institute of Management Calcutta.

Business

Balakrishnan's first business was Rediffusion, now known as Rediffusion DY&R, which he co-founded when he was 22. In 1995, he founded Rediff.com, which became a highly successful internet site, and was listed on NASDAQ in 2001.

Writing

He writes a column in Business Standard and has written a book published by Macmillan Publishers called The Wave Rider. He has co-authored a research paper, Generic Framework for a Recommendation System using Collective Intelligence, with Alkesh Patel which was presented at the International Conference on Internet Technology and Secured Transactions, 2009.

Public service

Balakrishnan served as the Chairman of the Board of Governors of IIM Calcutta for two five-year terms ending in March 2017. He presently serves on the Governing Council of Centre for Development of Advanced Computing. He was named as the Chairman Emeritus of the Internet and Mobile Association of India. He has served as the Chairman of the Govt of India, Ministry of Information Technology Working Group on Internet Governance and Proliferation. He chaired a Committee appointed by India's Ministry of Human Resource Development on 'Research and Faculty Enhancement at the 7 IIMs'. He has in the past served as a member of the Central Advisory Board of Education of the Government of India.