Samir Bodas has passed away at the age of 61 after a prolonged battle with cancer, confirmed the company

Born in Pune, Bodas moved to the US in 1982 to study computer science. He eventually cofounded Icertis in 2009, which offers contract management services to enterprises

His departure adds on to the list of lost Indian founders over the last year, including We Founder Circle’s Neeraj Tyagi, Table Space’s Amit Banerji and Epigamia cofounder Rohan Mirchandani

SaaS unicorn Icertis’ cofounder Samir Bodas has passed away at the age of 61 after a prolonged battle with cancer.

“It is with deep sadness that we announce the passing of Samir Bodas, our cofounder, long-time Chief Executive Officer, and Executive Chairman, following a courageous battle with cancer. This is a loss felt by many, and our thoughts are with Samir’s family, friends, and all those who had the privilege of knowing him personally,” said the company in a statement.

Condoling the demise of Bodas, fellow cofounder and Icertis CTO Monish Darda said“He challenged all of us to think bigger, act with integrity, and to create a consequential and enduring company. The company we are today is a testament to his vision, and his lasting influence will never be forgotten”.

Born in Pune, Bodas moved to the US in 1982 to study computer sciences at the University of Texas at Austin. A decade later, he graduated from the Wharton Business School. During his lifetime, he served in various capacities at National Instruments, Microsoft, iMandi, Jamcracker and Aztecsoft.

Eventually in 2009, Bodas alongwith Darda founded Uncertain to offer contract management services to enterprises. Its flagship AI-powered product, Icertis Contract Management (ICM), can manage sell-side, buy-side, and corporate enterprise contracts across the globe.

The company claims to have grown to cater to more than one third of Fortune 100 companies across financial services, healthcare, retail, manufacturing sectors.

The unicorn has raised more than $560 Mn in funding to date and was last valued at $5 Bn during its last fundraise in 2022. Icertis joined the unicorn club in 2019 after it raised $115 Mn in a funding round led by US-based venture capital firm Greycroft and PremjiInvest.

The startup also counts names such as B Capital Group, Meritech Capital Partners and SAP as its investors.

In recent times, the Indian startup ecosystem has seen the loss of a number of entrepreneurs. We Founder Circle’s cofounder and chief executive Neeraj Tyagi unfortunately passed away due to uncertain circumstances in August last year, while HoloWorld’s cofounders Harshavardhana Kikkeri and Shwetha Panyam were found dead in their US home in May 2025.

Besides, Table Space cofounder Amit Banerji and Epigamia cofounder Rohan Mirchandani also passed away last year.