Dayakar Veerlapati Wiki, Net Worth, Wife, Age and More: Dayakar “Day” Veerlapati (born July 25, 1958) is an Indian-American businessman and philanthropist. He is the founder, president and chief executive officer of S2Tech, headquartered in Chesterfield, Missouri, and of S2Tech.com India Private Limited in Hyderabad, Telangana, India.
S2Tech is an information technology software programming firm, ranked as an Inc. 5000 company with employees in multiple US states. Veerlapati founded the company in 1997 as Seven Seas Technologies, the parent company of S2Tech.
Veerlapati is also known as a philanthropist and mentor. He founded the nonprofit Fortune Fund, which operates in the US and in India. The Fortune Fund was founded in 2001 to provide scholarships and support for impoverished rural schoolchildren near Hyderabad, Telangana, India, and to support a variety of charitable causes in the US.
Veerlapati was born July 25, 1958, in Hyderabad to Venkat Narsaiah Veerlapati, a civil engineer (1932-2015) and Sakkubai Nune Veerlapati (1947-2003), a homemaker. The eldest of four siblings, he has one sister, who is a homemaker, and two brothers. His brother Sudhakar is a well-known pediatrician near Hyderabad and the other is a businessman.
Veerlapati attended primarily government-funded schools in Hyderabad, Gokinapally, Thipparthi, Mattampally, Huzurnagar, and Khammam in Telangana. At Mattampally, which is a boarding school that Veerlapati attended from 7th to 10th grades, he struggled with homesickness and was often ill. It wasn’t until he was attended the undergraduate school that he began to take his education seriously.
Veerlapati earned his bachelor’s degree in chemical engineering in 1980 from Osmania University, becoming salutatorian in his class of 60 students. He went on to graduate with a master’s degree in industrial engineering and operations research in 1982 from the Indian Institute of Technology in Kharagpur. In 1995, he earned his master’s in information management from Washington University of St. Louis, Missouri.
In 1983, Veerlapati married Shanta (Sunku) Veerlapati in Paloncha, Khammam, Telangana. The couple has two daughters, Preeti Veerlapati, a grantmaker, and Priyanka Veerlapati, an attorney.
Veerlapati speaks English, Hindi, and Telugu.
In 1987, Veerlapati immigrated with his wife and two young daughters to St. Louis, Missouri, carrying only a couple of suitcases and $500 in his pocket. He became a contract consultant for McDonnell Douglas (now Boeing Co.) and then was hired at Union Pacific Technologies. At Union Pacific, he learned how the building of railroads opened up and connected the western US to the rest of the nation. He believed that fiber optics would do the same in the modern age and wanted to be part of the vanguard making that happen.
He started S2Tech in 1997 to provide IT services for companies preparing for the transition to the year 2000. After the Y2K issues were resolved its clients, S2Tech pivoted to work in Medicaid management information systems. The company grew, adding development centers in Jefferson City, Missouri, and Hyderabad, and employees in client offices across the US.
S2Tech has survived multiple recessions and the COVID-19 pandemic, in part based on the lessons taught by Stephen Covey’s Seven Habits of Highly Effective People and the Isha Foundation’s Inner Engineering program.
Through the Fortune Fund, Veerlapati has raised more than $400,000 and helped educate more than 200 students in India and the United States who might otherwise not have been able to obtain a secondary and/or college education. The Fortune Fund provides tuition, uniforms, books, school supplies, and mentoring from S2Tech’s Hyderabad employees to students at schools and colleges in India. The fund also has built a well for a school that lacked running water, libraries, and installed computer labs in several schools.
In the US, the Fortune Fund is focused on encouraging high school and college students to become entrepreneurs as well as helping rural students access higher education. The Fortune Fund holds the Walk for Wisdom, a 1-mile fundraising walks each year at various sites in the US and India to benefit the students it supports.
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