Ramesh “Sunny” Balwani (born c. 1965) is an American businessman and former president and chief operating officer of Theranos, which was a privately held health technology company founded by his then-girlfriend Elizabeth Holmes.
Did Sunny invest in Theranos?
He Invested $13 Million Into Theranos, After Holmes launched Theranos at the age of 19, she needed a second round of investment to help it continue to grow. Balwani stepped forward with a substantial loan that kept the company
Who brought Theranos down?
The Dropout, a Hulu series, portrays Elizabeth Holmes and the demise of her health-tech business, Theranos, as a consequence of two whistleblowers, Erika Cheung and Tyler Shultz. Both Cheung and Shultz were whistleblowers at Theranos, as depicted in The Dropout, a Hulu series about Holmes and her firm Theranos
Ramesh “Sunny” Balwani was found guilty of 12 counts of wire fraud and conspiracy to commit wire fraud stemming from his time at the blood-testing startup.