Mr. Rizwan Koita
B.Tech., 1992, Electrical Engineering

Mr. Rizwan Koita is Co-Founder and CEO of CitiusTech. He obtained his B.Tech. degree in Electrical Engineering from IIT Bombay in 1992 and post-graduation in Electrical Engineering and Computer Science (SM), Massachusetts Institute of Technology (MIT) in 1995.

Mr. Koita co-founded CitiusTech in 2005. Under his leadership, CitiusTech became one of the fastest growing healthcare technology companies globally. Today, CitiusTech has more than 3500 employees and serves more than 100 leading healthcare organizations worldwide. In 2018, CitiusTech acquired FluidEdge Consulting, a healthcare management consulting company based in Philadelphia.

Before CitiusTech, Mr. Koita co-founded TransWorks (now Concentrix) in mid-1999 and led the company as its CEO. Subsequently renamed Minacs, the company is now part of Concentrix and has over 21,000 employees with over 35 centers across the globe.

Prior to that, Mr. Koita was a senior consultant with McKinsey & Co., a global management consulting company. Mr. Koita provided strategic and operational consulting to transnational clients.

As an entrepreneur, over the past 20 years, Mr. Koita’s contribution has been towards creating value-added opportunities and jobs which includes starting one of the first BPO companies in India (TransWorks), establishing a high-end technology company (CitiusTech) with deep domain expertise in healthcare – a big focus area globally, helping create over 10,000 employment opportunities in India across TransWorks and CitiusTech, and enabling over Rs. 1,000 crores of foreign investment into India. His contributions also include providing support to NGO activities focused on adolescents and healthcare – Antarang (adolescent upliftment), Armaan (women/child health) and Magic Bus (children education). Working with IIT Bombay as an active alumnus, CitiusTech has set up a healthcare innovation fund (HIF) with IIT Bombay’s SINE in 2015. SINE HIF has invested in many healthcare/ technology start-ups till date.

Mr. Koita is honored with The Ernst & Young Entrepreneur of the Year Award (2013), the Indo-American Society’s ‘Young Achievers Award in Business (2002), Vinton Haynes Fellowship (1994) at MIT for highest GPA in graduating class and the IIT Bombay’s Institute Gold Medal for securing first rank in Electrical Engineering in 1992.

Special Memories

"Perhaps the most notable non-academic contribution from IIT Bombay is that I connected my wife – Rekha (B.Tech. Metallurgy, 1992) – on campus! It is also hard to forget the late hours in the hostel, debating anything and everything under the sun, and building some of my best friendships for life. My most recent special memories is of dropping off my son Samad to the IIT Bombay campus in August 2018. He is a fresher in the EE Department – so in some ways it completes the circle of life".