4.6 • 12 Ratings
🗓️ 14 December 2025
⏱️ 5 minutes
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New billionaire Jyoti Bansal left Delhi with a few hundred dollars and built two billion-dollar companies, including Harness, which just raised $240 million at a huge valuation.
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| 0:00.0 | Here's your Forbes Daily Briefing for Sunday, December 14th. |
| 0:05.3 | Today on Forbes, how this Indian immigrant went from an H-1B visa to building a $5.5 billion |
| 0:12.9 | business. |
| 0:15.6 | Joti Bansal sold his first company to Cisco in 2017 and then hit the road. |
| 0:22.8 | He was on his second African safari, eyeing the now familiar savannah, when it dawned on him that over the past several |
| 0:27.9 | months he had already hiked Machu Picchu, marveled at Norwegian fjords, and trekked across the |
| 0:33.7 | Himalayas. He was only 39 years old, and there was nothing left on his bucket list. |
| 0:39.7 | Speaking from his home office in San Francisco, where he lives with his family, |
| 0:43.5 | Bansal, who is now 47, says, quote, I tried to retire. People say once I retire, I'm going to do |
| 0:50.8 | what I enjoy. I asked myself, do I enjoy playing golf all the time or being on the beach all the time? |
| 0:56.7 | I don't really. |
| 0:57.9 | I realized why not just go back to what I enjoy, building a company. |
| 1:03.1 | So, he launched Harness, an AI-based software delivery platform that announced this past week |
| 1:09.6 | that it had raised a $240 million |
| 1:12.0 | series E round from Goldman Sachs alternatives, institutional venture partners, and Menlo Ventures |
| 1:18.5 | at a $5.5 billion valuation, enough to make Bansal a new billionaire. Forbes estimates his |
| 1:26.1 | net worth is $2.3 billion, thanks to an estimated 30% stake |
| 1:30.6 | in harness and plenty of cash from selling his first company, App Dynamics, which diagnoses |
| 1:36.2 | and troubleshoots software anomalies, to Cisco in 2017, mere days before it was set to IPO. |
| 1:43.9 | Bonsal's first venture inspired his second. |
| 1:46.8 | He says, quote, |
| 1:48.1 | The problem I was fascinated with at App Dynamics |
... |
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