![Ashank Datta Desai](data:image/svg+xml,<svg xmlns="http://www.w3.org/2000/svg" width="16" height="16" fill="%231b1b1b" class="bi bi-person-fill" viewBox="0 0 16 16"><path d="M3 14s-1 0-1-1 1-4 6-4 6 3 6 4-1 1-1 1zm5-6a3 3 0 1 0 0-6 3 3 0 0 0 0 6"/></svg>)
Ashank Datta Desai
Founder at
MASTEK LIMITED
Net worth: 58 M $ as of 30/05/2026
Profile
Ashank Datta Desai is the founder of Mastek Ltd., founded in 1982, where the title held is Chairman since 2023.
Mr. Desai was the founder of National Association of Software & Services Cos., founded in 1988, where the title held was Chairman.
Mr. Desai is also the founder of PanIIT Alumni Reach For India Foundation,Avanti Foundation..
Mr. Desai is Vice Chairman at Society for Innovation & Entrepreneurship.
Mr. Desai is Vice Chairman at Bombay First.
Mr. Desai is Director at.
Mastek Systems Co. Ltd. Mr. Desai is Director at Mastek Enterprise Solutions Pvt Ltd. since 2016.
Mr. Desai is Director at Mastek GmbH.
Mr. Desai is Director at Keystone Solutions Pvt Ltd. Mr. Desai is Director at Systems Task Group International Ltd. Mr. Desai is Director at Majesco Canada Ltd. Mr. Desai is Director at Mastek (UK) Ltd. Mr. Desai is Member-Governing Board at Goa Institute of Management.
Mr. Desai is Trustee at Mastek Foundation.
Mr. Desai is Advisor at IvyCap Ventures Advisors Pvt.
Ltd. Mr. Desai was Independent Non-Executive Chairman at NRB Bearings Ltd. from 2024 to 2026.
Mr. Desai was Director at Vector Insurance Services LLC.
Mr. Desai was Director at Majesco.
Mr. Desai was Non-Independent Non-Executive Director at Aurum Proptech Ltd. from 2019 to 2021.
Mr. Desai was Vice President at Asian Oceanian Computing Industry Organization.
Mr. Desai completed undergraduate studies at the University of Mumbai.
Mr. Desai completed graduate studies at Indian Institute of Technology Bombay.
Known holdings in public companies
| Company | Date | Number of shares | Valuation | Valuation date |
|---|---|---|---|---|
MASTEK LIMITED 10.95% | 29/09/2025 | 3,393,489 ( 10.95% ) | 58 M $ | 30/05/2026 |
Ashank Datta Desai active positions
| Companies | Position | Start |
|---|---|---|
| MASTEK LIMITED | Founder | 13/05/1982 |
Mastek Enterprise Solutions Pvt Ltd.
 Mastek Enterprise Solutions Pvt Ltd. Packaged SoftwareTechnology Services Provides software services | Director/Board Member | 22/12/2016 |
Mastek Systems Co. Ltd.
 Mastek Systems Co. Ltd. Miscellaneous Commercial ServicesCommercial Services Provides information technology consulting services | Director/Board Member | - |
IvyCap Ventures Advisors Pvt. Ltd.
 IvyCap Ventures Advisors Pvt. Ltd. Investment ManagersFinance IvyCap Ventures seeks investment opportunities in companies located across the globe. The firm focuses across a broad range of sectors and industries. It provides financing for seed, early, and growth stage capital requirements. It also takes a seat on the board of directors. | Consultant / Advisor | - |
Mastek Foundation | Director/Board Member | - |
Bombay First | Director/Board Member | - |
Goa Institute of Management
 Goa Institute of Management Other Consumer ServicesConsumer Services Functions as a College/University | Director/Board Member | - |
Indian Institute of Management Ahmedabad
 Indian Institute of Management Ahmedabad Other Consumer ServicesConsumer Services Functions as a College/University | Director/Board Member | - |
Society for Innovation & Entrepreneurship
 Society for Innovation & Entrepreneurship Miscellaneous Commercial ServicesCommercial Services Administers a business incubator that provides support for technology | Director/Board Member | - |
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Former positions of Ashank Datta Desai
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| ░░░░░ ░░░░░░░░ ░░░░░░░░░ ░░░░░░░░ ░░░░░░░░░░░░ | ░░░░░░░░░ ░░░░░░░░░░░░░░░░░ | - |
Training of Ashank Datta Desai
Experiences
Positions held
Active
Inactive
Listed companies
Private companies
Connections
56
1st degree connections
24
1st degree companies
Male
Female
Members of the board
Executives
Linked companies
| Private companies | 24 |
|---|---|
Mastek Ltd.
 Mastek Ltd. Information Technology ServicesTechnology Services Provides computer programming, enterprise digital and cloud transformation services | Technology Services |
NRB Bearings Ltd.
 NRB Bearings Ltd. Auto Parts: OEMProducer Manufacturing Engages in the manufacturing, marketing and distribution of needle roller bearings and ball bearings | Producer Manufacturing |
University of Mumbai
 University of Mumbai Other Consumer ServicesConsumer Services Functions as a College/University | Consumer Services |
Indian Institute of Management Ahmedabad
Indian Institute of Management Ahmedabad Other Consumer ServicesConsumer Services Functions as a College/University | Consumer Services |
Vector Insurance Services LLC
 Vector Insurance Services LLC Packaged SoftwareTechnology Services Provides software solution for the life insurance industry | Technology Services |
Majesco
 Majesco Packaged SoftwareTechnology Services Operates as an insurance software company | Technology Services |
National Association of Software & Services Cos.
 National Association of Software & Services Cos. Miscellaneous Commercial ServicesCommercial Services Operates as a association for software employees | Commercial Services |
Mastek Enterprise Solutions Pvt Ltd.
Mastek Enterprise Solutions Pvt Ltd. Packaged SoftwareTechnology Services Provides software services | Technology Services |
Goa Institute of Management
Goa Institute of Management Other Consumer ServicesConsumer Services Functions as a College/University | Consumer Services |
Mastek (UK) Ltd.
 Mastek (UK) Ltd. Miscellaneous Commercial ServicesCommercial Services Provides IT consulting services | Commercial Services |
Asian Oceanian Computing Industry Organization | |
Indian Institute of Technology Bombay
 Indian Institute of Technology Bombay Other Consumer ServicesConsumer Services Functions as a College/University | Consumer Services |
Society for Innovation & Entrepreneurship
Society for Innovation & Entrepreneurship Miscellaneous Commercial ServicesCommercial Services Administers a business incubator that provides support for technology | Commercial Services |
Mastek Foundation | |
Mastek GmbH | |
Keystone Solutions Pvt Ltd. | |
IvyCap Ventures Advisors Pvt. Ltd.
IvyCap Ventures Advisors Pvt. Ltd. Investment ManagersFinance IvyCap Ventures seeks investment opportunities in companies located across the globe. The firm focuses across a broad range of sectors and industries. It provides financing for seed, early, and growth stage capital requirements. It also takes a seat on the board of directors. | Finance |
Systems Task Group International Ltd. | |
Majesco Canada Ltd.
 Majesco Canada Ltd. Part of Majesco, Majesco Canada Ltd. is a leading provider of insurance technology solutions. The company helps insurers modernize, innovate, and digitally transform their business at speed and scale. Majesco offers a range of insurance software solutions, including Policy, Billing, and Claims products that can be customized to meet the specific needs of each customer or integrated into a powerful, market-ready suite. The company's Digital360 Solutions and Digital1st Platform lead the industry in digital transformation capabilities, providing intelligent AI-driven insights that help predict claims, reduce costs, and increase growth for insurance carriers, brokers, and vendors. Majesco also offers a leading distribution and compensation platform that expands distribution channels, drives growth, and creates ease of doing business for distributors. Based in Toronto, Canada, Majesco's latest product release, Spring '24, delivers next-gen core native-cloud solutions, advanced data and analytics, engaging digital experiences, and hundreds of new capabilities across its product portfolio. | |
Bombay First | |
PanIIT Alumni Reach For India Foundation | |
Aurum Proptech Ltd.
 Aurum Proptech Ltd. Packaged SoftwareTechnology Services Develops insurance platform | Technology Services |
Avanti Foundation | |
Mastek Systems Co. Ltd.
Mastek Systems Co. Ltd. Miscellaneous Commercial ServicesCommercial Services Provides information technology consulting services | Commercial Services |
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