Mr Jha had to leave his stable banking career in Singapore and start his own company to pursue his passion for deep space and communications technology.
Rohit Jha, a 36-year-old self-proclaimed “huge nerd,” is the co-founder and CEO of Transcelestial, which has successfully raised $24 million (approximately Rs 207 crore) in funding.
Originally from Jharkhand, Mr Jha left a stable banking career in Singapore to launch his own company and pursue his passion for deep space and communications technology.
A native of Jamshedpur, India, Mr Jha pursued electrical and electronic engineering at Nanyang Technological University in Singapore on scholarship after completing high school. He started his career in high-frequency trading at the Royal Bank of Canada in 2011, where he encountered a significant challenge.
Mr Jha shared that internet connectivity services first target the developed regions that may offer good returns on investments, such as Tier-One cities.
Internet connectivity companies shy away from entering or are even less available at less-developed or distant, remote villages in the country. Around then, he also realized that the banking world did not suit him.
“I was lucky because it was the hand-picked team in the entire company, and some of the best people I’ve ever worked with – very impressive people – but. There were many times that I felt like a cog in the whole organization,” Mr. Jha told CNBC Make It. “You have one life, and [I’d] rather work on things where [I’m] sitting at the edge of the unknown.”
