Finance and Administration
Sujit brings over 10 years of investment experience to Element. Sujit leads Element's efforts in power storage, semiconductor, and power electronics, and expands Element's efforts in photovoltaics.
Prior to joining Element, Sujit was a Partner with BlueRun Ventures where he founded their Cleantech practice and their India office. While at Bluerun Sujit led investments in Petrasolar, Deeya Energy, Nexplanar, Magsil and Cyoptics. Petrasolar, is one of the world's leading solar and smart grid solutions provider where Sujit was instrumental in getting the company their initial $200 million contract. Deeya Energy is a leading energy storage provider where Sujit conceptualized and implemented the initial business plan and go to market strategy. Nexplanar, an electronic materials supplier, started as a concept and today has enabled some of the world's leading semiconductor manufacturers. Magsil’s IP enabled the highest storage densities in disk drives and today ships in a majority of them. Sujit's India activities led to the deployment of some of the most prolific mobile apps in the sub-continent including an IPO of Sasken (BSE: SASKEN). Cyoptics develops core optical components for high speed networks and has grown to over $100m revenues before filing their recent S1. Prior to BlueRun, Sujit was a Principal with TL Ventures where he led investments in pre-IPO companies Atrenta and Sonics, both respected leaders in their field. Prior to TL, Sujit's prior professional experience included investment banking with Merrill Lynch, management consulting for several companies in the semiconductor industry, and working as an engineer with Synoptics Communications. Today Sujit represents Element with Deeya Energy and Miartech and recently helped spearhead the formation of Soleras Advanced Coatings by merging Bekaert Advanced Coatings and Soleras Ltd. to create one of the world's leading manufacturer of rotatable targets and equipment for advanced glass coatings.
Sujit received his M.B.A. from the Wharton Business School, where he was Chairman of the Wharton India Economic Forum, and holds a B.S. in Electrical Engineering from Rensselaer Polytechnic Institute with Eta Kappa Nu academic honors.