Sanjay Shah, CEO of Vistex, dies in Hyderabad after an on-stage stunt mishap during the company’s silver jubilee celebrations.
Who was Sanjay Shah?
Sanjay Shah, the founder and CEO of Vistex, a prominent US-based software firm, met a tragic fate during the company’s 25th-anniversary celebration at Ramoji Film City in Hyderabad. The 56-year-old tech entrepreneur died when an iron cage, part of a planned stunt for the event, collapsed, causing him and Vistex’s president, Raju Datla, to fall around 20 feet.
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The incident, captured in a viral video, depicts the moment when the cables supporting the iron cage snapped, leading to Shah and Datla plummeting onto a concrete dias below. Both were rushed to the hospital, where Shah succumbed to his injuries, while Datla remains in serious condition.
The planned stunt involved Shah and Datla entering the iron cage lift for a descent, part of the celebrations. However, the mishap occurred when one side of the iron chain supporting the cage broke.
A case has been registered against the Ramoji Film City event management authorities based on a complaint from another company official. Police stated that Shah suffered leg and head injuries, while Datla sustained a head injury. The authorities are investigating the incident.
Sanjay Shah, originally from Mumbai, played a pivotal role in leading Vistex to prominence in the tech industry. As the CEO, founder, and chief architect of Vistex, he contributed to the company’s substantial growth, transforming how businesses bring products and services to market. Shah, a Lehigh University alum, also founded the Vistex Institute for Executive Learning and Research during his academic journey.
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Apart from his entrepreneurial success, Shah was actively involved in philanthropy. He established the Vistex Foundation, providing grants to non-profits focusing on health, education, and basic needs.
The tragic incident has cast a somber note on Vistex’s silver jubilee celebrations, leaving the tech industry mourning the loss of a key figure and a leader.
