Sanjay Padode

Sanjay Padode


A 1989 pass out from Birla Institute of Technology and Science, Pilani, with Honors in M. Sc. (Math) and B. E. (Electrical and Electronics Engineering) has been an entrepreneur from day he completed his graduation. He founded Dataline and Research Technologies Ltd (DaRT) to launch a nationwide online service with a gateway to Internet viz. India Online in 1993. This service was locally accessible in more than 30 towns and cities of the country. The company also launched DaRT Mail, India’s first secure and corporate email service. Due to the changing license regime, this company pivoted its business model to become a provider of real time market data and financial trading systems under the name of Asian CERC Information Technology Limited.

The evolving needs of the market led this company to pioneer Order Routing and Risk Management Systems for financial trading on the Internet. By 2006, Asian CERC had grown leaps and bounds to own more than 80% of the market share in both financial information dissemination and internet trading solutions for securities trading in India. The Religare group acquired Asian CERC in 2006 and Sanjay continued to lead the company’s new Avatar, Religare Technova Global Solutions Limited till 2010. Whilst with the Religare group, Sanjay was instrumental in 2 international and 2 Indian acquisitions for creating a IT services organization viz. Religare Technologies Limited operating in the Healthcare and Insurance space. In a matter of four years the IT services group of Religare grew from strength of 200 employees to 3500.

During his stint in the IT industry Mr. Sanjay Padode worked on large projects implementing ticker plants, content management systems, algorithmic trading engines, securities matching engines, risk management systems, order routing systems, clearing and settlement systems for stock/commodity exchanges, large stock brokers and market makers. He has traveled widely to many countries for winning large accounts and implementing solutions. He has good business development, architecting, sales, consulting and project management skills.

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