GS Lab was founded in 2003 by Dr. Sunil Gaitonde and Dr. Shridhar Shukla, using their combined 40 years of prior research and business experience in the engineering and technology industry.
Sunil obtained his doctorate in computer engineering from Iowa State University in 1988. He subsequently founded and sold his first technology start-up business to Cisco Systems, Inc., which constituted Cisco’s 6th largest acquisition in 1995. He then began, nurtured and sold a second technology company, Sarvega, to Intel Corporation in August 2005. He is a United States citizen and lives in the United States.
Shridhar obtained his doctorate in Computer Engineering from North Carolina State in 1990. Upon graduation, Shridhar conducted multicast computer protocol research at the U.S. Naval Postgraduate School in California as an assistant professor. He then returned to India and joined Persistent Systems, a private technology company, as a full-time Board member and officer. Through Shridhar’s tenure as Chief Operating Officer, the company grew from US$200,000 to US$10 million over the course of the eight years.
After several years in the industry in India and the US, both Sunil and Shridhar felt that time had come where value-added product development outsourcing would become a norm. While cost would continue to be an advantage, just cost would not be sufficient for customers expecting quality. With a goal to invest aggressively in research and development, the founders recruited several executives and employees to realize local innovation. GS Lab, over the last few years, has produced many technology assets which have been a result of these research efforts.
GS Lab has experienced consistent business growth since its inception. After starting modestly in September 2003 with just 3 employees, GS Lab now has 3 facilities with 140+ employees. Each of GS Lab’s three facilities is under a multi-year lease. GS Lab employees have full benefits, including an Employee Stock Option Program. The company has among the lowest employee attrition rates within India’s dynamic technology sector.