# SAI Group

SAI Group is a Private Equity based in Palo Alto, United States.

## Overview

- **Organization type:** Private Equity
- **Headquarters:** Palo Alto, United States
- **Region:** North America
- **Address:** Palo Alto, CA, United States
- **Assets under management:** Undisclosed
- **Website:** saigroup.ai
- **LinkedIn:** https://www.linkedin.com/company/saigrp

## Regulatory record

- **Reports private funds:** No

## About

SAIGroup is a private investment firm investing in businesses with the potential to become leaders in enterprise AI solutions. Its investments enable portfolio companies to accelerate innovation and growth. Principal owner and investor Dr. Romesh Wadhwani has committed to invest up to $1 billion in SAIGroup. In five years it has become one of the largest, fastest-growing players in enterprise AI by building leading businesses including SymphonyAI and ConcertAI.

## Sectors

- AI/ML
- Enterprise Software
- Digital Health
- Healthcare Services
- Financial Services
- Media & Entertainment
- Manufacturing
- Retail

## People

- Romesh Wadhwani — Founder, Chairman, and CEO
- Pradyut Shah — Senior Investment Partner
- Mike Healy — Senior Investment Partner
- Eshwar Belani — Senior Operating Partner

## Questions

### Who runs investment decisions at SAI Group?

Founder, Chairman, and CEO Dr. Romesh Wadhwani has ultimate authority over investment decisions, deploying his personal capital with a stated commitment of up to $1 billion. Day-to-day acquisition activity is overseen by Senior Investment Partner Pradyut Shah, who has led acquisitions of companies including Get Well, CancerLinQ, 1010data, and Ayasdi. The firm does not have an external investment committee or LP advisory board, per its structure as a permanent-capital deployment vehicle.

### How does SAI Group source proprietary deal flow?

SAI Group runs an in-house business development and investment team that originates acquisitions across enterprise AI verticals. The team is led by Managing Director Mike Cashin, who previously led corporate development at ESW Capital, and includes Senior Investment Partner Mike Healy, a former co-managing partner at Bailey & Company's Principal Investing group. The firm targets control and minority investments in companies with commercialized AI solutions and referenceable customer bases, sourcing through a blend of proprietary outreach and the network built by Wadhwani's prior software operating groups.

### Does SAI Group participate in fund commitments or only direct deals?

SAI Group executes direct acquisitions and control investments in enterprise AI companies, folding them into existing portfolio platforms such as SymphonyAI and ConcertAI. There is no public indication the firm makes LP commitments to third-party venture or growth funds. Its public-markets investment strategy, handled by Equity Research Analyst Stephen Harris, focuses on direct public equity positions in technology, software, and AI companies rather than fund commitments.

### How is SAI Group related to Symphony Technology Group?

Symphony Technology Group (STG) was the private equity firm Romesh Wadhwani founded in 2002, growing it to $2.5 billion in combined revenue and 15,000 employees before he launched SAI Group. SAI Group represents Wadhwani's subsequent investment vehicle, focused exclusively on enterprise AI platforms rather than the broader software and technology-enabled services mandate of STG. The two firms are related through their founder but operate as distinct entities with separate investment teams and portfolio companies.

## Related profiles

- [SaigonTourist Holding Company](https://altss.com/profile/saigontourist-holding-company)
- [Saike Capital](https://altss.com/profile/saike-capital)

---

Last updated: 2026-08-11T15:08:04.536Z

Canonical page: https://altss.com/profile/sai-group

Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology