MBE Spotlight: Sameer Penakalapati, Indotronix Avani Technology Solutions

Sameer Penakalapati is a serial entrepreneur dedicated to advising and investing in technology startups, specifically in the human resources and artificial intelligence space. In the past 10 years, Penakalapati has founded and acquired over six companies, including a staffing firm, multiple SaaS platforms, and a digital marketing agency, serving thousands of customers worldwide. He is CEO of Indotronix Avani Technology Solutions where the Avani team “ builds awesome software solutions. Period.”

Since 2008, Avani has been providing IT consulting, software outsourcing, IT security and government IT solutions services. Growing their revenue base from $0 to over $20 million, the Avani team follows Penakalapati’s lead. After acquiring Indotronix in 2016, Penakalapati’s 2020 vision of $100 million was set in motion. Now with 10 global locations, more than 750+ employee and a fortune 500 customer base, he makes sure that his company and team members give back to the community. Penakalapati also takes an active approach to corporate social responsibility initiatives and philanthropic activities. Indotronix Avani supports the American Red Cross, the YMCA and other child education and youth development programs in both the United States and India.

To date, Penakalapati has received numerous awards and recognitions for his work, including accolades from Inc 500/5000, Rochester Top 100, Deloitte Fast 500, Forbes Best Startup Employers, USPAACC, and SIA Fastest Growing Companies.