Surendra Ajjarapu
Chief Executive Officer at INTEGRATED WELLNESS ACQUISITION CORP
Net worth: 86 M $ as of 2024-04-29
Profile
Surendra Ajjarapu is the founder of TRxADE HEALTH, Inc. (founded in 2005), AE Biofuels, Inc. (founded in 2007), International Biofuels Ltd.
(founded in 2006), Global Information Technology, Inc. (founded in 1995), Aemetis, Inc. (founded in 2006), Sansur Renewable Energy (founded in 2009), and Aesther Healthcare Acquisition Corp.
(founded in 2021).
Mr. Ajjarapu is also the founder of Trxade, Inc. Mr. Ajjarapu's current job(s) include Chairman & Chief Executive Officer at Oceantech Acquisitions I Corp., Chief Executive Officer & Director at Integrated Wellness Acquisition Corp., Chairman & Chief Executive Officer at PowerUp Acquisition Corp., Chairman & Chief Executive Officer at Danam Health Holdings Corp., Chairman & Chief Executive Officer at Kernel Group Holdings, Inc., Chairman at Feeder Creek Group, Inc., Executive Chairman at Kano Energy Corp., Director at South Beach Spirits, Inc., Director at Ocean Biomedical, Inc., Director at Tevogen Bio Holdings, Inc., and President at The AIRO Group, Inc. Mr. Ajjarapu's former job(s) include Chairman & Chief Executive Officer at Semper Paratus Acquisition Corp., Non-Executive Director at Nandan Cleantec Plc, Director at Global Exim, Inc., and Director at Fiona Consumer Products Pvt Ltd.
Mr. Ajjarapu's education history includes undergraduate studies at Harvard University, graduate studies at South Dakota State University, and an MBA from the University of South Florida (conferred in 2006).
Known holdings in public companies
| Company | Date | Number of shares | Valuation | Valuation date |
|---|---|---|---|---|
KERNEL GROUP HOLDINGS CL B
98.36% | 2024-01-01 | 7,493,750 ( 98.36% ) | 83 M $ | 2024-04-29 |
OCEAN BIOMEDICAL, INC.
3.07% | 2023-08-02 | 1,063,750 ( 3.07% ) | 1 M $ | 2024-04-29 |
TRXADE HEALTH, INC.
14.86% | 2024-05-02 | 208,992 ( 14.86% ) | 1 M $ | 2024-04-29 |
| 2024-03-31 | 12,500 ( 0.29% ) | 143 438 $ | 2024-04-29 |
Surendra Ajjarapu active positions
| Companies | Position | Start |
|---|---|---|
| TRXADE HEALTH, INC. | Chief Executive Officer | 2014-01-07 |
| OCEANTECH ACQUISITIONS I CORP. | Chief Executive Officer | 2023-03-12 |
| SOUTH BEACH SPIRITS, INC. | Director/Board Member | - |
| KERNEL GROUP HOLDINGS, INC. | Chief Executive Officer | 2022-11-30 |
| OCEAN BIOMEDICAL, INC. | Director/Board Member | 2023-02-13 |
| POWERUP ACQUISITION CORP. | Chief Executive Officer | 2023-08-17 |
| INTEGRATED WELLNESS ACQUISITION CORP | Chief Executive Officer | 2024-02-11 |
Kano Energy Corp.
 Kano Energy Corp. Pharmaceuticals: MajorHealth Technology Kano Energy Corp. manufactures pharmaceuticals. The private company is based in Tampa, FL. | Chairman | 2018-02-28 |
The AIRO Group, Inc.
 The AIRO Group, Inc. Aerospace & DefenseElectronic Technology The AIRO Group, Inc. is a mid-tier aerospace company that offers end-to-end solutions for the industry. The private company is based in Tipp City, OH and has subsidiaries in the United States. The company brings together various technologies to provide products and services that cater to a wide spectrum of aerospace markets. The AIRO Group includes several international aerospace companies such as AgileDefense LLC, Airgility, Airo Drone LLC, Aspen Avionics, Coastal Defense, Sky-Watch A/S, and VRCO Ltd. The company seeks to transform the aerospace industry by providing a diversified offering of capabilities. The company was founded in 2005 by Joseph D. Burns and Chirinjeev Kathuria, and Joseph D. Burns has been the CEO since then. | President | - |
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Former positions of Surendra Ajjarapu
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Training of Surendra Ajjarapu
| South Dakota State University | Graduate Degree |
| University of South Florida | Masters Business Admin |
| Harvard University | Undergraduate Degree |
Experiences
Positions held
Connections
1st degree connections
1st degree companies
Male
Female
Members of the board
Executives
Linked companies
| Listed companies | 8 |
|---|---|
| TRXADE HEALTH, INC. | Commercial Services |
| AEMETIS, INC. | Process Industries |
| OCEANTECH ACQUISITIONS I CORP. | Finance |
| SOUTH BEACH SPIRITS, INC. | Consumer Non-Durables |
| KERNEL GROUP HOLDINGS, INC. | Finance |
| OCEAN BIOMEDICAL, INC. | Health Technology |
| POWERUP ACQUISITION CORP. | Finance |
| INTEGRATED WELLNESS ACQUISITION CORP | Finance |
| Private companies | 13 |
|---|---|
AE Biofuels, Inc.
 AE Biofuels, Inc. Chemicals: SpecialtyProcess Industries AE Biofuels, Inc. is an international biofuels company focused on the development, acquisition, construction and operation of next-generation fuel grade ethanol and biodiesel facilities, and the distribution, storage, and marketing of biofuels. The company currently operates a biodiesel manufacturing facility in Kakinada, India and have a next-generation integrated cellulose and starch ethanol demonstration facility in Butte, Montana. The company was founded in 2005 and is headquartered in Cupertino, CA. | Process Industries |
Global Exim, Inc.
 Global Exim, Inc. Wholesale DistributorsDistribution Services Global Exim, Inc. wholesales nondurable goods and industrial and personal service paper. | Distribution Services |
| International Biofuels Ltd. | |
Nandan Cleantec Plc
 Nandan Cleantec Plc Chemicals: SpecialtyProcess Industries Nandan Cleantec Plc produced and developed scaled vertically integrated biofuel. The company was founded on May 27, 2011 and was headquartered in London, the United Kingdom. | Process Industries |
Fiona Consumer Products Pvt Ltd.
 Fiona Consumer Products Pvt Ltd. Industrial MachineryProducer Manufacturing Fiona Consumer Products Pvt Ltd. manufactures water softening equipment. Its products include Its products include tulips water purifier, tulips red water purifier, and faucet tank. The company was founded in 2007 and is headquartered in Hyderabad, India. | Producer Manufacturing |
| Sansur Renewable Energy | |
Global Information Technology, Inc.
 Global Information Technology, Inc. Packaged SoftwareTechnology Services Global Information Technology, Inc. provides comprehensive SAP solutions to enhance business efficiencies and consulting expertise in various verticals. The private company is based in Tampa, FL and was founded by Surendra Ajjarapu. The company also offers staff augmentation and training services to reputed corporates. | Technology Services |
| Feeder Creek Group, Inc. | |
Kano Energy Corp.
Kano Energy Corp. Pharmaceuticals: MajorHealth Technology Kano Energy Corp. manufactures pharmaceuticals. The private company is based in Tampa, FL. | Health Technology |
Aesther Healthcare Acquisition Corp.
 Aesther Healthcare Acquisition Corp. Financial ConglomeratesFinance Aesther Healthcare Acquisition Corp. was engaged in seeking a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was founded by Surendra Kumar Ajjarapu on June 17, 2021 and is headquartered in New York, NY. | Finance |
The AIRO Group, Inc.
The AIRO Group, Inc. Aerospace & DefenseElectronic Technology The AIRO Group, Inc. is a mid-tier aerospace company that offers end-to-end solutions for the industry. The private company is based in Tipp City, OH and has subsidiaries in the United States. The company brings together various technologies to provide products and services that cater to a wide spectrum of aerospace markets. The AIRO Group includes several international aerospace companies such as AgileDefense LLC, Airgility, Airo Drone LLC, Aspen Avionics, Coastal Defense, Sky-Watch A/S, and VRCO Ltd. The company seeks to transform the aerospace industry by providing a diversified offering of capabilities. The company was founded in 2005 by Joseph D. Burns and Chirinjeev Kathuria, and Joseph D. Burns has been the CEO since then. | Electronic Technology |
Semper Paratus Acquisition Corp.
 Semper Paratus Acquisition Corp. Financial ConglomeratesFinance Semper Paratus Acquisition Corp. operates as a blank check company. It was formed for the purpose of effecting a merger, share exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was founded on April 21, 2021 and is headquartered in New York, NY. | Finance |
Trxade, Inc.
 Trxade, Inc. Advertising/Marketing ServicesCommercial Services Trxade, Inc., part of Micro Merchant Systems, Inc., is a company headquartered in Lutz, FL. The firm operates as a web-based market platform. It was founded in 2010 by Surendra Ajjarapu and Prashant Patel. Surendra Ajjarapu is currently the CEO of the company. On February 16, 2024 Micro Merchant Systems, Inc. acquired Trxade, Inc. from TRxADE HEALTH, Inc. for $30 million. | Commercial Services |
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