
What the billion-dollar Boston-based technology company said about its Indian-American CEO caught in prostitution scandal
Anurag Bajpayee
Anurag Bajpayee
, CEO and co-founder of
Gradiant Technology
, a billion-dollar water technology company, has been arrested in a high-profile US investigation involving high-end brothels allegedly linked to sex trafficking. The case has shocked both the tech industry and academic circles, given Bajpayee's credentials as an
MIT-trained engineer
and entrepreneur. The Indian-American technologist, engineer, and entrepreneur co-founded Gradiant in 2013, a global water technology company now valued at over $1 billion.
What Gradiant Technology said on CEO Anurag Bajpayee's arrest
The company has defended Anurag Bajpayee, while reiterating a muddled promise of excellence in public remarks amid controversy. Gradiant has asserted that it is placing trust in the judicial process — and its own company. 'We believe in the justice system and are confident that this will resolve favorably in due course,' said Gradiant representative Felix Wang in a statement to Wall Street Journal. 'Unrelated to this, Gradiant will continue to pursue excellence in technological innovation and to strive towards our mission to ensure clean water for all society.'
Dozens of men, Bajpayee included, were named in court documents last month, accusing them all of paying hundreds of dollars per hour for sex and a 'girlfriend experience' with predominantly Asian women being exploited through sex trafficking, the Wall Street Journal reported.
by Taboola
by Taboola
Sponsored Links
Sponsored Links
Promoted Links
Promoted Links
You May Like
The Highest Earning College Majors—2025 Edition
Best Paying Degrees | Search Ads
Learn More
Undo
What are charge charges against Anurag Bajpayee
According to U.S. federal prosecutors, the women involved were mostly Asian, and some may have been victims of trafficking and coercion. Clients paid between $250 and $600 per hour for what was described as 'escort-level girlfriend experiences.' Investigators allege that Bajpayee visited these establishments multiple times and was recorded communicating with the operators.
The charges against him are misdemeanors, but the wider investigation remains ongoing. Federal officials are examining the potential for related charges, including links to trafficking or racketeering.
Anurag Bajpayee is a celebrated tech leader
Bajpayee previously stood as a celebrated leader in water treatment technology and was even credited in Scientific American's annual Top 10 World-Changing Ideas list. Born in India, Bajpayee studied at La Martiniere College in Lucknow, a prestigious private school.
He earned his Bachelor of Science in Mechanical Engineering from the University of Missouri-Columbia in 2006, followed by a Master's (2008) and Ph.D. (2012) in Mechanical Engineering from the Massachusetts Institute of Technology (MIT).
Gradiant began as an MIT lab project and quickly evolved into one of the most promising clean-tech startups of the 2010s. Under Bajpayee's leadership, the company expanded globally, offering solutions in wastewater treatment, desalination, water recycling, and industrial water reuse. Its clients include major players in the semiconductor, pharmaceutical, energy, and food sectors.
AI Masterclass for Students. Upskill Young Ones Today!– Join Now
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
&w=3840&q=100)

Business Standard
21 minutes ago
- Business Standard
Startups use AI, omnichannel push to expand globally, reach deeper locally
As India's startup sector enters a new phase of growth, a wave of emerging companies is turning to artificial intelligence, omnichannel distribution and the creator economy to reach smaller domestic markets and expand globally. To mark World MSME Day, Meta has released a report commissioned from consulting firm Alvarez & Marsal India. The study draws on insights from interviews with 100 high-growth startups across the country. It identifies six key levers expected to shape the next chapter of Indian entrepreneurship. These include AI adoption, cross-border expansion, omnichannel strategies, deeper reach into Tier 2 and Tier 3 cities, category diversification and creator-led brand building. 'In today's dynamic times, startups that think smart and act fast to evolve will lead the charge,' said Sandhya Devanathan, Vice-President, India and South East Asia, Meta. 'At Meta, we're proud to be partners in this journey, equipping startups with cutting-edge AI-powered tools to help them scale and turn their bold ideas into impact.' Himanshu Bajaj, Managing Director and Head – Alvarez & Marsal India and GCC, noted that he is seeing a significant shift in how Indian startups think about scale — not just for pursuing growth but building more sustainable businesses that focus on value creation. 'AI, tiered expansion and omnichannel models are no longer future bets — they're foundational to execution today,' said Bajaj. 'What stands out is how early-stage startups are applying these levers with surprising sophistication.' Over 70 per cent of startups are now integrating AI across core business functions. 'We leveraged these cutting-edge tools to optimise our marketing campaigns, and the results have been nothing short of phenomenal,' said Shrawan Daga, Founder, Krishna's Herbal & Ayurveda. About 67 per cent of small firms have adopted omnichannel models to address modern customer journeys that span online discovery and offline purchase. 'Attributing online spends to walk-ins and offline conversions is the most critical aspect to driving an efficient omnichannel business while continuing to use digital as the primary advertising channel,' said Ayushi Gudwani, Founder, FS Life. The report said nearly all startups are expanding into Tier 2 and 3 markets to cater to high demand and existing supply gaps. 'India's next billion consumers are not waiting to catch up — they're leapfrogging,' said Swagat Sarangi, Co-founder, Smytten. 'In Tier 2 and 3 markets, relevance isn't about scaling down your offering, it's about showing up with empathy, accessibility and trust.' About 52 per cent of small firms are expanding cross-border, tapping into large addressable markets and global demand for Indian-origin products. The United States, the UAE and the United Kingdom emerged as the top export markets. 'We've successfully expanded our global footprint, achieving a remarkable 30 per cent higher ROI in new markets,' said Aakriti Rawal, Co-founder, House of Chikankari. According to the report, 84 per cent of startups have diversified beyond their core offerings. They are leveraging synergies across product lines, customer cohorts and distribution channels. 'As Noise expands globally and enters new categories, our focus is on building performance-oriented smart tech that takes the 'Make in India' story to the world,' said Gaurav Khatri, Co-founder and CEO, Noise. The report also finds that 88 per cent of brands now partner with creators — including niche influencers and celebrities — to build community-led storytelling. 'Working with creators allows us to tell real, relatable stories that build trust and emotional resonance,' said Suramya Jain, Co-founder, RAS.


United News of India
24 minutes ago
- United News of India
Dr. Jyotsna Suri Leading India's Tourism Renaissance on the Global Stage
New Delhi [India], June 24: Dr. Jyotsna Suri, Chairperson and Managing Director of The LaLiT Suri Hospitality Group, offers her expert perspective on the evolving trends shaping India's travel and hospitality landscape. As international tourist arrivals continue to fall short of expectations, Dr. Suri calls for a bold new approach to how India presents itself on the world stage, emphasizing the need for innovative marketing, infrastructure improvements, and the creation of new destinations to truly unlock the country's tourism potential. While India's domestic tourism scene is bustling, international tourism hasn't quite bounced back as strongly as many had hoped. Even as the world's overall tourism numbers recover, India is still seeing fewer foreign visitors compared to the pre-pandemic era. In 2023, for example, only about 9.5 million foreign tourists arrived in India—a figure that remains over 10% below the nearly 11 million recorded in 2019, according to Skift. The trend hasn't improved much by mid-2024, with just 4.8 million foreign arrivals in the first six months. When Dr. Jyotsna Suri speaks about the future of India's tourism sector, one thing stands out above all: the urgent need to put India on the global map through bold and consistent marketing. She points out that, despite the country's incredible diversity and rich experiences, India simply isn't being marketed as aggressively as it should be. 'Right now, we are not being marketed at all,' she says, stressing that a well-funded, ministry-led campaign could quickly change the narrative and attract a wider range of international visitors. While progress on infrastructure upgrades is encouraging, Dr. Suri admits it will take time before India's facilities truly match world-class standards; still, she is heartened by the direction things are moving and the ongoing investments being made. She also highlights the importance of developing new destinations, not just for drawing in foreign tourists but for giving domestic travellers fresh places to explore. Many existing spots remain underutilised, and new attractions could help spread out the crowds and ease pressure on popular sites. When it comes to competing with neighbours like Thailand and Indonesia, Dr. Jyotsna Suri acknowledges that India might be a bit pricier in some areas, especially with GST factored in, but she firmly believes the country delivers outstanding value for money—something that discerning travellers appreciate. A shift is happening, where the focus is moving from attracting backpackers to courting higher-spending, quality tourists who are looking for unique and enriching experiences. The Indian government has launched several key initiatives to attract more international tourists, focusing on developing 50 major destinations to enhance infrastructure and provide a better visitor experience. Visa reforms, including streamlined e-visa processes and fee waivers for select travellers, are making it easier for tourists to visit India. Additionally, programs promoting spiritual, heritage, and medical tourism highlight the country's unique cultural and wellness offerings. Efforts to improve regional connectivity through schemes like UDAN are opening up access to lesser-known destinations, making India more accessible overall. Dr. Jyotsna Suri praised the combined efforts of the central and state governments, including leadership from the Prime Minister, Home Minister, and Chief Ministers, for their commitment to revitalising tourism. 'It will happen soon. It'll take time, but it will happen,' she said, expressing optimism about the future and India's potential to emerge as a top global destination. With the right strategies and sustained effort, India can not only compete with its neighbours but also emerge as a leading global destination for all types of travellers.

The Hindu
30 minutes ago
- The Hindu
Bangladesh pays $384 million to Adani Power to clear majority of dues
Bangladesh paid $384 million to Adani Power in June, significantly reducing its outstanding dues under a power supply agreement with the Indian firm, according to sources. In June (till June 27), Bangladesh has paid $384 million of the committed $437 million to be paid during the month, two sources aware of the matter said. This would clear Bangladesh's "admitted" claims till March 31. With this, Adani's "claimed" dues, while still substantial, will come down to around $500 million (assuming Bangladesh meets its month-end commitment), they said. Bangladesh has struggled to meet its payment obligations under the 2017 deal, as rising import costs following the Russia-Ukraine conflict in 2022 and domestic political turmoil - which led to the ouster of prime minister Sheikh Hasina — strained the country's finances. As a result, Adani had halved supply last year and full supplies were resumed in March 2025 after the country's monthly payments started covering some of the dues. Nearly $1.5 billion paid With the latest payments, Bangladesh has paid nearly $1.5 billion of the roughly $2 billion total billed amount. Adani has reportedly agreed to waive late payment surcharge (LPS) for January-June period, amounting to about $20 million, if Bangladesh keeps its payment commitment. Sources said both parties are engaged in discussion to resolve some issues related to coal cost and plant capacity calculations. These are the key reasons behind the difference between "claimed" and "admitted" dues. When contacted, an Adani Power spokesperson confirmed the payments but didn't share details on "claimed" and "agreed" dues stating these discussions are private. The 2017 power supply deal between Adani Power and Bangladesh had come in for scrutiny after the ouster of the Sheikh Hasina-led government last year. Interim government, led by Nobel Peace prize laureate Muhammad Yunus, called for the formation of a high-level committee, comprising energy and legal experts, to re-examine the power purchase agreement (PPA). Under the 2017 deal, Adani Power's Godda power plant in Jharkhand was to supply 100 per cent of the electricity generated from burning coal, to Bangladesh for a period of 25 years. After payment defaults, Adani had cut supplies by half in November 2024. It restored full electricity supply, which is around 1,600 MW, in March after the country reduced liabilities. Bangladesh stepped up repayments from July last year, clearing monthly dues. This came after the country suffered from increased power shortages in rural areas. Struggling economy Bangladesh has been struggling to generate sufficient dollar revenues to cover the cost of essential imports such as electricity, coal, and oil. Its foreign currency reserves declined amid months of student-led protests and political unrest, which culminated in the ousting of the Sheikh Hasina government in August 2024. The interim government that succeeded her sought an additional $3 billion loan from the International Monetary Fund (IMF) on top of the existing $4.7 billion bailout package. Adani's power deal with Bangladesh was one of the many under Sheikh Hasina, which the current interim government has called opaque. Besides Adani Power, other Indian state-owned firms also sell power to Bangladesh, including NTPC and PTC India Ltd.