Phanisekhar Ponangi

Phanisekhar Ponangi

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Phanisekhar Ponangi is the co-founder of Mavenark Asset Managers Pvt., a financial services firm. He has raised concerns about the long-term impact of artificial intelligence on the Indian IT sector, emphasizing that the industry's reliance on delivering efficiency gains may be challenged as AI technologies evolve and potentially reduce revenue for outsourcing firms.

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Recent news mentions

Phanisekhar Ponangi, co-founder of Mavenark Asset Managers Pvt., discusses the significant transition facing the IT sector due to AI.

‘Opportunity in disguise’: IT stocks meltdown on AI scare overdone? ‘Every time there’s been a tech shift…’
The Times of India·IndiaIndia· 2026-02-17
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