Avinash Vashistha - Before joining Accenture in January 2011, Avinash was Chairman and CEO of Tholons, Founded by Avinash in early 2006, Tholons brings together “Best-of-Breed” globalization advisory and private equity to help companies maximize their returns using an innovative risk-reward model.
Prior to Tholons, Aninash founded neoIT in 1999, a global top 20 offshore andglobal CEOs to build the technology and business operations outsourcing industry in India, UK, USA and Philippines.
He interacts regularly with Ministries in State and Central Governments across India and Growth Markets, globally regarding policies related to IT Industry, Taxation, Labor law compliance, framing policies and discussions regarding development of infrastructure.
Worldwide authority on Technology, Business and Digital Globalization
Advised and managed over US$ 10 Billion in Globalization deals (primarily US/UK/INDIA/Philippines)
Author of the Book “The Offshore Nation” published by McGraw Hill, a must read for business leaders. The book provided deep insights on how to leverage the best practices in offshoring lifecycle of IT and business process to achieve strategic and tactical business goals.
Speaker at more than 300 conferences worldwide
Successful Operating Executive (1984 to 201)
Head of Nortel’s R&D Externalization and Outsourcing Operations
Built the largest Global Inhouse Centers (GICs or Captives) worldwide from ground-up Founder, neoIT(Globalization Advisory Firm)
Founder and Chairman/CEO of Tholons Inc. (Globalization Investments & Private Equity Advisors)
Strong Investment Expertise
Advised over 100 Global deals
Advisor on Investment deal to leading investors (General Atlantic, Citibank, Goldman Sachs etc.) valued > $5B
Quoted as Globalization expert in : Time, Wall Street Journal, Economic Times, Forbes, Washington Post, Business Week, Financial Times, CNN, CNBC etc.
Under his leadership, Tholons had been recognized in the top 10 list of boutique advisory firms and theonly “Outsourcing Investment Advisory” firm by The Black Book of Outsourcing.
Exposure to high volume of target companies due to high profile, consulting and investment work
Avinash Journey in his own works
Avinash holds an engineering degree from the Indian Institute of Technology, Kanpur, a master’s in Computer Science from the University of Alberta and an MBA from Arizona.
1966 : Mount Carmel School, Lucknow – My father has a transferrable job and I changed many schools while growing up. Mount Carmel in Lucknow was my first school. All I remember is that it was a co-ed school till Class II and I was basically in a girls’ school.
1974-1975 : St John’s, Karnal-I did my Class IX and a part of my Xth from here.
1975-1977 : Kendriya Vidyalaya, Guwahati – I got transferred in the middle of class X as my father got transferred to the North East. By the time I got there, I realized my class had done trigonometry and I had to learn the subject by myself. I scored 30% higher than Tushar Acharya in Class XI. Acharya used to be the natural topper. At that time, one completed school in class XI, not 10+2.
1977-1978 : B.Tech in Electronics & Communications IIT-Kharagpur-While I was preparing for my class XI exams, My father handed me a bunch of IIT entrance papers to crack. I used to go through them occasionally and attempted the joint entrance test, which to my surprise, I cleared. I did three semesters in IIT-Kharagpur and my father got transferred to Lucknow, whrere he met the chairman of his company, Fertiliser Corporation of India, who also happened to be the chairman of IIT-Kanpur. Upon asking how I was, my dad said he had only one regret-that I was far away in Kharagpur and wanted me to be in IIT-Kanpur. That’s when I received a letter from IIT-Kanpur to pursue my remaining seven semesters from there.
1978-1982 : B.Tech in Electronics & Communications, IIT-Kanpur- I was in a class with toppers across the country. My best friend, Sanjay Aggarwal, is the power secretary in UP. There was also Surender Nahar, who became a Fellow in Bell Labs and Gopal Raghavan, the topper of our batch, who went to Stanford to teach.
1982-1984 : MS in Computer Science, University of Alberta, Canada-My father wanted me to join the civil services in India and even got me the forms but I did not give the exams since I knew if l got through, it would be difficult to back out. I went to University of Alberta in Canada instead with full scholarship. I met my wife, Garima, here and coincidentally, She too hailed from Lucknow. She was pursuing pharmacology there.
1984-1990 : Senior Member of Technical Staff, AT&T Bell Labs
194-1987 : AT&T, Bell Labs as they liked the combo of my software skills that I brought from Alberta and my hardware experience as an engineer in India. My Job really was to write software to test a telecom switch for the international market.
1987-1990 : AT&T, Bell Labs, Phoenix, Arizona – I went to Arizona and did my MBA while I was working.
1990-1991 : Manager, Nortel, Raleigh – I designed a totally new network management system on sun workstation. I got hired by Nortel because of my work at Bell Labs and my MBA.
1992-1996 : Director Operations, Nortel, London – I delivered a new software that ranthe entire telephone network of London British Telecom.
1996-1999 : Managing Director, Nortel India, Bangalore-Since Nortel was the biggest client for Indian IT, I got to work with the founders of IT industry in India. Such as NR Narayanamurthy, Nandan Nilekani, Azim Premji and Subramaniam Ramadorai. I brought the first Management and leadership training in IT around a global framework to India.
1999-2005 : Founder, neoIT, Pleasanton, Silicon Valley – This was my first stint as an entrepreneur and co-founded the company with my wife and brother. We were the first ones to provide global IT consulting to India, Philippines and Latam. We got Home Depot for TCS, Chevron for L&T Infotech and Hewitt for Hexaware, among others.
2005-2010 : Founder, Tholons, New York-The work that neoIT performed left a lot of equity on the table and I got restless to participate in an even more engaging manner with our clients, While I retained my stake in neoIT, my brother, Atul managed the day to day affairs while I, along with my wife, embarked on a whole new journey. Today, the Tholons Report on the Top 100 cities is the most comprehensive report in the industry and even World Bank refers to it.