Nandan Nilekani
Co-founder and Non-Executive Chairman, InfosysBirth DetailsJune 2, 1955 | Bangalore, India
NationalityIndian
LeagueBusiness Leader
EducationB Tech, IIT Bombay
Net Worth$1.9 billion (As of July 19, 2020)
Nandan Nilekani's Journey so far...
Before you go ...
- An alumnus of the prestigious Bishop Cotton Boys' School in Bengaluru, Nandan Nilekani graduated as an Electrical Engineer from the Indian Institute of Bombay in 1978
- After graduation, he joined Patni Computer Systems where he met Narayana Murthy. In 1981, the duo and five other colleagues founded Infosys. From 2002 to 2007, Nilekani served as the MD and CEO of India's most-valued technology company and during his tenure, Infosys' topline grew over six-fold to $3 billion
- The tech magnate played a crucial role in co-founding Indian IT industry lobby body, National Association of Software and Service Companies (NASSCOM)
- In 2009, he resigned from the Infosys Board as then Prime Minister Dr Manmohan Singh invited Nandan Nilekani to head Unique Identification Authority of India (UIDAI), in the rank of Cabinet Minister
- Nilekani was mandated with issuing unique, 12-digit Aadhaar ID numbers to all residents of India and he remained as head till he stepped down in 2014
- Known for timely execution and ability to work with diverse interests, the technocrat returned to Infosys in August 2017 as Non-Executive Chairman. In his second stint, he replaced R Seshasayee, who resigned as chairman of the board of Infosys
- His philanthropic initiatives include teaming up with Ratan Tata and setting up a microloan-focused NBFC called Avanti Finance, with initial investments of Rs 50 crore each
- In 2015, Nilekani and his wife Rohini, along with Shankar Maruwada, co-founded a not-for-profit technology-enabled platform to improve basic literacy and numeracy for millions of children. Based out of Bengaluru, they named the initiative EkStep, the funds for which came from the Nilekanis
Before you go ...
- Nandan Nilekani is a voracious reader and has authored two books, an autobiography in 2009 titled, 'Imagining India: The Idea of a Renewed Nation'. In 2015, he co-authored, 'Rebooting India: Realizing a Billion Aspirations' with Viral Shah.
- Nilekani has received numerous awards during his lifetime, the major ones being Padma Bhushan in 2006, and the famous Joseph Schumpeter prize in 2005 for innovative services in economy and politics.
- He has also been honoured by Forbes, Fortune, TIME Magazine, The Economist, Foreign Policy magazine among others..
- Nandan and Rohini Nilekani decided to donate 50% of their wealth to charity and signed the Bill Gates' Giving Pledge in 2017.
Last Updated: 12/02/2021
Nandan Nilekani News
- Minority affairs ministry plans major AI rolloutThe minority affairs ministry is integrating artificial intelligence into its services. AI chatbots and voice solutions will soon support citizens in multiple languages. These advancements aim to streamline applications, improve Hajj pilgrim support, and boost employment for minority youth.
- “I can’t come back at 75”: As Nandan Nilekani turns 71, Infosys faces its biggest leadership questionInfosys chairman Nandan Nilekani is entering a crucial phase. He is focused on preparing the IT giant for a future beyond its founders. Shareholders are expected to approve his next term. Nilekani aims to build a professional model that outlives founders. He is also preparing Infosys for an AI-led world. This transition is vital for the company's long-term success.
- Nandan Nilekani's Fundamentum bets big on AI, deeptech with Rs 3,000 crore purseFundamentum Partnership has launched F2A, a Rs 3,000 crore frontier-tech investment platform focused on AI and deeptech startups. The firm will invest between Rs 40-90 crore in 12-15 companies over three years, targeting commercialization-stage businesses in sectors like semiconductors and robotics where India has strategic advantages.
- Infosys appoints Nitin Paranjpe as vice chairmanIT giant Infosys has appointed Nitin Paranjpe as its non-executive vice chairman. Paranjpe, currently non-executive chairman of HUL and non-executive vice chairman of Heineken NV, brings extensive experience. He will support Chairman Nandan Nilekani in guiding the board and strategic agenda. This appointment is effective immediately. Nilekani confirmed he will continue as Chairman as needed.
- India's tech hiring chills; Polymarket's IPL betHappy Tuesday! The tech sector is seeing a slowdown in hiring driven by internal cost controls. This and more in today's ETtech Morning Dispatch.
- Nandan Nilekani, Pramod Varma eye AI-led global rails for commerce in next leapThe architects of India’s digital public infrastructure (DPI), Nandan Nilekani and Pramod Varma, are now attempting their next leap: building a universal, open digital fabric to power global commerce, financial assets, and programmable value flows in an AI-driven world.
- Stable Money to raise $15 million from existing investorsThe round will be led by Nandan Nilekani-founded Fundamentum, with participation from Peak XV Partners, Z47 (previously Matrix Partners India), and RTP Global. Earlier in February this year, it had raised $25 million in a round led by Peak XV Partners. Post-fundraise, the Bengaluru-based fixed-income investment startup will be valued at $275 million.
- Scoop: Credit card startup Uni eyes fresh funds at over 70% valuation cut amid RBI curbsBengaluru-based Uniorbit Technologies, the parent company of Uni Cards, has so far raised $104 million across multiple rounds from investors. These included $70 million it raised in a Series A round led by General Catalyst during the 2021 go-go funding cycle.
- 'Bas Karo Yaar. Limit Hoti Hai': Fund manager slams AI doomsday narrative for IT services and recession predictionIndian IT stocks face selling pressure amid fears of AI automation. Experts debate AI's disruptive potential, with some calling the alarmism excessive. While AI adoption presents challenges, it also offers opportunities for IT services firms, say some analysts.
- White-collar anger can train wreck AI, warns Infosys chairman Nandan NilekaniInfosys Chairman Nandan Nilekani warns AI could face backlash if white-collar workers perceive it as a threat. He stresses the urgent need to showcase AI's societal benefits, like boosting incomes and improving healthcare, to prevent a 'train wreck'. India, with its digital infrastructure, is uniquely positioned to lead global AI adoption by focusing on accessible, inclusive use cases.
- AI on 'Open Networks' can allow innovation at scale: Nandan NilekaniAt the India AI Summit 2026, Nandan Nilekani and Kiran Mazumdar-Shaw emphasized that AI can deliver population-scale impact only when built on open, interoperable Digital Public Infrastructure like the Unified Payments Interface. Nilekani highlighted AI agents that remove complexity and enable inclusive access, while Mazumdar-Shaw outlined a health “stack” using secure data and AI-driven risk profiling to advance preventive, community-based care and long-term medical innovation.
- Widespread adoption of AI for the benefit of society is critical, say Nandan Nilekani and Dario AmodeiAccording to Nilekani, if AI investments are to create value for society at large rather than benefiting only a few individuals, there must be clear pathways to ensure the technology reaches everyone, adding that India is well placed to lead that effort.
- India to become global testbed for tangible AI use cases: Nandan NilekaniIndia is set to become the world's hub for artificial intelligence, moving it from theory to practical use. Nandan Nilekani and Dario Amodei discussed how India's digital infrastructure can help deploy AI widely. The focus is on ensuring AI benefits everyone, not just a few.
- 'No opportunity gap in AI, only execution risk': Infosys chairman Nandan NilekaniArtificial intelligence does not present any opportunity gap and the real question is how businesses are using the opportunity, Infosys chairman Nandan Nilekani said, as he kicked off the IT firm’s Investor AI day 2026 Tuesday.
- Nandan Nilekani’s AI warning for IT professionals: Four IT job roles vanishing but five positions are growing fastAt Infosys’ Investor Day 2026, Infosys co-founder and chairman Nandan Nilekani said artificial intelligence is fundamentally reshaping the IT workforce. He explained that writing code will no longer be the primary objective for technology professionals, as companies increasingly focus on making AI systems work effectively within complex business environments. While traditional roles may decline, new positions are set to grow.
- AI will redefine tech jobs, coding will no longer be core, says Infosys' Nandan NilekaniAI, he said, is being adopted faster than any previous technological transition, from the internet to smartphones, and is poised to fundamentally reshape how businesses operate. The talent transformation is huge, he said, adding there will be a need for AI engineers, forward deployment engineers, forensic analysts - roles that didn't exist a few years ago.
- Lending startup Olyv bags $23 million from Fundamentum, SMBC FundBengaluru-based consumer lending startup Olyv has secured $23 million in a fresh funding round from Fundamentum Partnership and SMBC Asia Rising Fund.
- India must use AI to create real economic value: Nandan NilekaniNandan Nilekani urges India to prioritize AI for improving lives and economic growth. He advocates for a 'race to the top' in AI adoption, focusing on practical applications. Voice-based AI is highlighted as a key to digital equity, removing literacy barriers. Bengaluru is poised to become a global hub for intelligence-led innovation, with significant opportunities expected in the coming years.
- Voice AI startups hear the sound of money as enterprises sign upIn January Bolna AI, a Y-Combinator startup, raised $6.3 million, Ringg AI raised 5.5 million and ArrowHead raised $3 million, with Voice AI startups such as Navana AI, Vaani AI and JobsUPI are looking to raise funds, founders told ET.
- Why the India AI Impact Summit 2026 matters for leadership, society, and the future of artificial intelligenceThe India AI Impact Summit 2026 is positioned as a strategic convergence of technology, leadership, and societal intent. Anchored in the framework of seven chakras of AI impact, the summit focuses on how artificial intelligence can drive holistic progress across innovation, governance, enterprise, and public good. With global technology leaders, enterprise heads, and institutional voices in attendance, the summit reflects India’s rising role in shaping the global AI narrative.
- Nandan Nilekani’s Fundamentum leads $15 million bet on materials science startup WhizzoWhizzo has raised $15 million in a round led by Nandan Nilekani’s Fundamentum, with participation from South Korea-based deeptech player LB Investment, and existing backers Lightspeed Venture Partners and BEENEXT.
- From India Everywhere 2006 to Davos 2026: A Spirit of DialogueA breakfast conversation in Davos in the early 2000s sparked the "India Everywhere" campaign, aiming to boost India's global economic narrative. Nearly 20 years later, India arrives at Davos 2026 not as an announcer, but as an anchor economy, demonstrating scale, growth, and resilience.
- Reimagining the link between work, office and employmentIndia's digital infrastructure is advancing rapidly, with innovations like JAM and UPI transforming payments and e-commerce. However, a historical perspective reveals that current changes in work and employment are part of a continuous evolution. Younger generations face a dynamic job market shaped by technology and economic shifts. Understanding these trends is key to navigating the future of work.
- Infosys promoters opt out of Rs 18,000 crore share buybackInfosys promoters, including co-founders like Narayan Murthy and Nandan Nilekani, will not participate in the company's Rs 18,000 crore share buyback. This decision will lead to a slight increase in their shareholding percentage and could impact their voting rights. The buyback aims to return surplus funds to shareholders and enhance long-term value by reducing the equity base.
- Infosys promoters, including Nandan Nilekani, Sudha Murty, opt out of Rs 18,000-crore share buybackInfosys promoters and promoter group, including Nandan M Nilekani and Sudha Murty, have decided not to participate in the company's Rs 18,000 crore share buyback, according to a regulatory filing on Wednesday.
- India is the poster child for UK PM Keir Starmer's ID card planUK Prime Minister Keir Starmer praised India's Aadhaar digital ID system as a "massive success" and expressed a desire to learn from it for Britain's equivalent. Despite initial intentions for voluntary use, Aadhaar has become effectively mandatory in India, streamlining access to services and financial inclusion. While privacy concerns persist, the system's benefits for millions are evident.
- Anthropic CEO Amodei may visit Infosys Bengaluru HQAmodei is expected to meet Infosys chairman Nandan Nilekani and CEO Salil Parekh, along with its chief technology officer (CTO) Rafee Tarafdar and global head of AI and industry verticals Balakrishna DR, people familiar with the matter confirmed.
- DPI platform Finternet to go live by 2026: Nandan NilekaniFinternet aims to create a common, connected system that allows easy transactions across different kinds of assets. It lets users buy, sell, lend, or pledge assets such as land, vehicles, or shares in a tokenised form, while smoothly linking all parts of the ecosystem including governments, banks, and financial institutions.
- Besides her husband, Edelweiss MF's Radhika Gupta chooses two dinner partners. An IT tycoon and a Bollywood starRadhika Gupta, CEO of Edelweiss Mutual Fund, revealed on Rahul Jain’s podcast that apart from her husband, her dream dinner guests would be Infosys co-founder Nandan Nilekani and Bollywood star Shah Rukh Khan. She admires Nilekani for his ability to reinvent himself and contribute across private and public sectors, while her fondness for Khan stems from his wit and charisma beyond cinema.
- Nandan Nilekani, the man behind Aadhaar revolution, shares why AI won’t haunt India’s job market but create wealthNandan Nilekani, Infosys co-founder and Aadhaar architect, urged India to focus AI development on practical uses like healthcare and education, not in chasing global dominance. Speaking at an Asia Society event, he warned of AI leading to wealth concentration and rejected the idea of universal basic income. Drawing from India's digital innovations like Aadhaar and UPI, Nilekani emphasised frugal, people-first design and the need to innovate for over a billion citizens. He called for technology that amplifies human potential, not sidelines it.
- AppsForBharat raises $20 million in round led by Susquehanna Asia Venture CapitalNandan Nilekani’s Fundamentum, Elevation Capital and Peak XV Partner also participated in the funding for the parent company of the devotional platform, Sri Mandir. The funds will be used to invest in over 20 temple towns in India, strengthen services and commerce verticals, and set up fulfilment and logistics hubs.
- Govt set to launch digital platform for power sector soonTo foster better coordination and data sharing within the power sector, the government is developing a digital platform called the India Energy Stack. A 17-member task force, led by Ram Sewak Sharma and Nandan Nilekani, will spearhead this initiative. This digital infrastructure aims to address fragmented systems and support India's goals of achieving a $5 trillion economy and net-zero emissions.
- Nandan Nilekani appointed Chief Mentor for India Energy Stack Task ForceThe Ministry of Power has officially appointed Nandan Nilekani, co-founder of Infosys, as the Chief Mentor of the Task Force responsible for creating the India Energy Stack. This initiative aims to establish a Digital Public Infrastructure (DPI) to streamline and update processes throughout the energy sector. The announcement confirms a prior report by ET on June 18.
- Nandan Nilekani says AI is changing the way Infosys functions, reveals big shift in work, workplace, and workforceInfosys is training its workforce in AI and adapting to a fragmented global market, according to co-founder Nandan Nilekani. While companies invest heavily in AI, tech giants like Amazon and Microsoft are also implementing layoffs. Firms need to modernize legacy systems and data architecture to effectively utilize AI.
- A perfect storm of colliding trends is raging: Nandan NilekaniInfosys chairman Nandan Nilekani addressed shareholders at the AGM, highlighting global challenges like tariff wars and the energy transition. He emphasized the shift towards fragmented markets, urging supply chain diversification and AI adoption. Infosys is training employees in AI and working on numerous generative AI projects, while also expanding into tier-2 and 3 cities for talent acquisition.
- Nandan Nilekani likely to head power reforms panelNandan Nilekani is poised to lead a government task force aimed at digitizing and decentralizing India's power sector, potentially mirroring the success of UPI in energy. This initiative, supported by the RDSS, seeks to cut generation, transmission, and distribution costs by up to 25%.
- Flexiloans raises another Rs 375 crore from Fundamentum, Accion and othersFlexiloans, an NBFC focusing on small businesses, secured Rs 375 crore in funding, led by existing investors like Fundamentum and Accion. This capital infusion, a mix of primary and secondary, will fuel its expansion into secured lending and insurance distribution. Flexiloans achieved profitability for three consecutive years, with Rs 263 crore revenue and Rs 3 crore profit in FY24.
- Infosys cofounder Nandan Nilekani commits second multi-year grant to AI4Bharat; total Rs 70 croreAI4Bharat aims to gather 15,000 hours of transcribed data from over 400 districts encompassing all 22 scheduled languages of India. In parallel, its in-house team of over 100 translators is creating a parallel corpus with 2.2 million translation pairs across 22 languages.
- World no longer single global market, firms must navigate between fragmented blocs, countries: NilekaniInfosys Chairman Nandan Nilekani warns global businesses about navigating a world fragmented into blocs due to geopolitical uncertainties. Companies must adapt strategies, diversify sourcing due to tariffs, and modernise legacy systems to harness AI's potential.
- Wealthtech startup Stable Money raises $20 million in round led by Nilekani’s Fundamentum PartnershipExisting backers Z47, RTP Global and Lightspeed, besides Aditya Birla Ventures, participated in the funding round. Per cofounder Saurabh Jain, the funds will be used to expand its suite of wealth products and speed up customer acquisition. Since its launch in 2022, Stable Money has onboarded more than 150,000 users, who have invested in FDs and bonds, taking its total assets under management (AUM) to over Rs 3,000 crore.
- Job losses: How AI has painfully disrupted dreams of young software engineering graduatesIT CEOs have indicated that AI-led productivity is changing the business model, with revenue growth and headcount growth being de-linked. “The last couple of years, we have been challenging our teams on how you can deliver twice the revenue and half of the people,” said HCLTech CEO Vijayakumar in February.
- Infosys co-founder Nandan Nilekani’s 'irritating' advice later became actor-writer Girish Karnad’s best investment everGirish Karnad, the celebrated playwright and actor, had an unexpected connection to India's IT boom. Initially reluctant, he invested in Infosys shares at the urging of Nandan Nilekani. This decision proved life-altering, providing financial stability and enabling him to purchase a house.
- Infosys co-founder Nandan Nilekani shares how Indians can enjoy a $3.3 trillion jackpot locked in plots and flatsIndia aims to be an $8 trillion economy by 2035, facing challenges like income disparity and low formalization. Real estate tokenization offers a solution by converting property value into digital tokens, increasing liquidity and lowering investment barriers.
- AI adoption to accelerate in India: Nandan NilekaniThe gap between global developments and AI adoption in India will be very short due to the digital transformation India has already undergone, he said, adding that the digital public infrastructure (DPI) will serve as the foundation for implementing AI at scale for a billion people.
- 'Don't lose sleep': Nandan Nilekani, the brain behind Aadhaar, explains why he is not worried about DeepSeek, other AIsInfosys co-founder Nandan Nilekani believes India shouldn't worry about lagging in AI model development, emphasizing the nation's AI mission and smaller models. A Chinese startup, DeepSeek, has launched a low-cost, open-source AI model challenging established players like Baidu and even impacting global tech giants, sparking discussions about India's AI innovation pace.
- Zoho's Sridhar Vembu explains why Infosys co-founder Nandan Nilekani's plan to tokenise land is 'seductive, but...'Nandan Nilekani's proposal to tokenize land assets in India has sparked a debate, with Sridhar Vembu, Zoho's founder, expressing concerns. Nilekani believes that digitising land titles could unlock economic opportunities, but Vembu warns that turning land into a liquid asset could lead to financial risks for vulnerable individuals. Both agree that land reform is key, but they differ on the potential consequences of tokenisation.
- IITian vs IITian: Zoho’s Sridhar Vembu fears Nandan Nilekani's plan for selling unsold land could ruin your livesNandan Nilekani proposes digitising land titles to make them tradable, potentially unlocking wealth for Indian landowners. However, Sridhar Vembu warns that liquidating land assets could harm vulnerable individuals. He suggests that easy asset trading can lead to impulsive sales and extreme wealth concentration, indicating the need for careful regulation to prevent financial ruin.
- Are you stuck with unsold land as an asset? Infosys co-founder Nandan Nilekani has a trading solution for youInfosys co-founder Nandan Nilekani advocates for tokenising land to unlock its potential in India, transforming it into an active asset that can be traded or leveraged. This approach could boost the economy by empowering landowners and enabling access to capital for small businesses and entrepreneurs.
- 'Next UPI': Infosys co-founder Nandan Nilekani says this new tech on roofs will create millions of entrepreneursNandan Nilekani predicts that energy will be India's next major revolution, akin to the UPI boom. He highlights that while Indians store small amounts of LPG and coal, electricity consumption is different, often taken from the grid. This shift is expected to create numerous small-scale job opportunities.
- Infosys cofounder Nandan Nilekani predicts that India will have one million startups by 2035Nandan Nilekani predicts India will have one million startups by 2035, driven by AI, capital, entrepreneurship, and formalisation. Speaking at Arkam Ventures' meet, he outlined key reforms for an $8 trillion economy, stressing digital inclusion, land monetisation, and MSME growth.
- AWS APJ chief technologist to leave hyperscaler, third leadership change in two yearsShalini Kapoor, currently serving as chief technologist for the Asia Pacific & Japan (APJ) region at Amazon Web Services (AWS), is set to depart from the tech giant to join the Bengaluru-based people+ai, a company backed by Nandan Nilekani. Kapoor has been actively volunteering with the EkStep Foundation, which is behind the people+ai initiative.
- AI shouldn’t be a black box: Infosys co-founder Nandan Nilekani is impressed with China’s DeepSeek, but...Infosys co-founder Nandan Nilekani has criticised the increasing complexity of AI models, arguing that it does not necessarily lead to better results. Speaking at the People+AI Mela in Bengaluru, he emphasised the importance of transparency and open-source AI development. He praised China’s DeepSeek project for sharing AI knowledge, supporting the idea that AI models are becoming commodities. Nilekani also highlighted the need for high-quality Indian language datasets to advance AI in India. His focus remains on using AI to deliver real-world benefits.
- Billions being spent on building frontier models, their returns declining: Nandan NilekaniNandan Nilekani discussed the declining returns of building large AI models, highlighting China’s affordable, open-source approach. He emphasised the importance of high-quality data, such as AI4Bharat’s work, and the growing number of Indian startups using scalable technologies.
- Once, Bengaluru was heaven—then a few IITians got seed money from wives; now, we enjoy jams on ORR: Harsh Goenka's post sparks debateHarsh Goenka's social media post has sparked a debate on Bengaluru's transformation. He reminisced about the serene past and critiqued the present urban issues. Responses were mixed, with some defending the IT pioneers Nandan Nilekani and NR Narayana Murthy and others highlighting the need for better city planning. Bengaluru's IT growth brought economic benefits as well as infrastructure challenges.
- Why Infosys co-founder Nandan Nilekani feels India can't afford to make it's own ChatGPTs, DeepSeeksNandan Nilekani emphasizes the high costs of building core AI models and the need for practical AI applications in India. He highlights the importance of making AI accessible to improve productivity for users like farmers, and urges Indian AI firms to focus on real-world challenges, rather than competing with major global companies.
- B2B sourcing startup Geniemode raises $50 million in round led by MultiplesNandan Nilekani’s venture capital firm Fundamentum, Paramark Ventures, and existing investor Info Edge Ventures also participated in the round. The funds will be used to expand into new geographies and for inorganic expansion.
- Entrepreneur wants 70-hour advocate Narayana Murthy to lead DOGE in India, calls for performance reviews for govt employeesThere are growing demands for increased accountability and efficiency in government. In the US, federal employees must list their weekly accomplishments or risk resignation. This initiative, supported by Elon Musk and the Trump administration, aims to make the federal workforce more efficient. Similar calls are being echoed in India with suggestions to involve corporate leaders to improve public offices.
- PM Modi nominates Omar Abdullah, Anand Mahindra, Nirahua and others for campaign against obesityPrime Minister Narendra Modi has nominated 10 prominent individuals including Jammu and Kashmir Chief Minister Omar Abdullah, businessman Anand Mahindra, and actor Mohanlal to join the fight against obesity. He encouraged them and others to spread awareness about reducing edible oil consumption by challenging others to reduce their oil intake by 10 per cent.
- AI start-up founder says Nandan Nilekani is 'awesome' but also 'wrong'; here's why he said soAravind Srinivas, CEO of Perplexity AI, disagrees with Nandan Nilekani’s view that Indian startups should avoid building large language models (LLMs). He stresses the need for India to focus on both model training and application development to fully benefit from AI advancements, drawing parallels to India's achievements in the space sector.
- No threat to jobs; there will be a 'jugalbandi' of AI and humanDuring his visit to India, Microsoft CEO Satya Nadella discussed the continued relevance of Moore's Law in AI advancement, highlighting collaborations with Indian startups and enterprises using AI to enhance productivity and streamline processes. Nadella noted India's potential to become the world's leading developer ecosystem by 2028, with widespread use cases ranging from chatbots to tax filing solutions.
- Indians should be grateful to Dr Manmohan Singh for country’s prosperity, says Narayana MurthyInfosys founder Narayana Murthy described the late Prime Minister Dr Manmohan Singh as a gentleman, a scholar, and a value-based politician. Mourning his death, Murthy highlighted Singh's role in economic reforms and India's growth. Singh had a warm relationship with Infosys and contributed significantly, including inviting Nandan Nilekani to lead the Unique ID Authority of India.
- India need not spend resources on large language model, says Nandan NilekaniNilekani advises against costly language models. He champions investment in core infrastructure like AI cloud computing. Gupta argues for building foundational models. He cites Aadhaar as an example of successful foundational projects.
- Open cloud compute: a UPI moment for AI?Open Cloud Compute (OCC), an initiative by People+AI and EkStep Foundation, aims to reduce the high costs of compute power by establishing a network of micro data centres in India. The initiative seeks to provide cheaper and more accessible computational resources to support the growing AI demands, focusing on interoperability and sustainable green energy.
- Nandan Nilekani recalls first meeting with Narayana Murthy, says 'would have jumped off the cliff for him'Nandan Nilekani-Narayana Murthy first meeting: When Nandan Nilekani first met Narayana Murthy, he was willing to do anything for him, Infosys co-founder recalled. If he had asked me to jump off a cliff, I would have done it, Nandan Nilekani recalled in a recent interview. Nandan Nilekani shared a pivotal moment in his career: a 1978 job interview with Narayana Murthy.
- How a ‘rebellion’ and a meeting with Narayana Murthy shaped India’s IT landscape, reveals Infosys co-founder Nandan NilekaniNandan Nilekani's career took shape in 1978, when he met Narayana Murthy at Patni Computers. The encounter, which started as a job interview, laid the foundation for Nilekani's role as a co-founder of Infosys. From defying his father’s choice of IIT to becoming a key figure in India's digital transformation, Nilekani’s story is a testament to ambition and early mentorship. His journey shows how pivotal moments can reshape industries.
- Infosys co-founder Nandan Nilekani reveals why he 'rebelled' against his father as a teenagerNandan Nilekani defied his father's wish to attend IIT Madras. He chose IIT Bombay for electrical engineering instead. His father preferred a secure job path for him. Nilekani wanted to attend the best engineering school. He later co-founded Infosys with Narayana Murthy and five others after working at Patni Computer Systems. This small act of rebellion shaped his illustrious career.
- Google Research India head disagrees with Nandan Nilekani, says India must build LLMsNilekani said at Meta’s Build with AI summit in Bengaluru in October that India's goal should not be to build more LLMs. He said the big boys in the (Silicon) Valley can do it while India will create synthetic data, build small language models quickly, and train them using appropriate data.
- Rohini Nilekani emerges as India’s most generous woman, donates Rs 450+ cr with hubby Nandan, reveals Hurun List 2024Rohini Nilekani, with a donation of INR 154 crores, has been named India's most generous woman by the EdelGive-Hurun India Philanthropy List 2024. She and her husband, Nandan Nilekani, a renowned tech entrepreneur and philanthropist, have collectively donated over INR 450 crores this year, focusing on education and community development.
- 'Let the big boys in Silicon Valley do it': Infosys co-founder Nandan Nilekani's advice to Indian AI cosNandan Nilekani, chairman and co-founder of Infosys, urges Indian AI companies to focus on practical applications over competing in large language models. He emphasized the importance of data infrastructure and praised Meta's decision to make its foundational models open source. This approach aims to position India as a leader in AI use cases addressing real-world challenges.
- Harness existing digital infrastructure to tackle climate issues: Nandan NilekaniNandan Nilekani, at Beckn Node Zero 2024, emphasized leveraging India's Direct Benefit Transfer infrastructure for climate action payments. Highlighting the urgency of climate issues, he discussed the potential of decentralized financial systems and open networks to revolutionize climate challenges. The event united industry leaders to explore these solutions.
- Nandan Nilekani's son acquires 1.3% stake in PTC India during Q2Nihar Nilekani, son of Infosys co-founder Nandan Nilekani, has acquired a 1.32% stake in PTC India during July-September 2024. PTC India is a provider of power trading solutions in India. Its segments include power and financing business.
- How I Met My Wife: 'Boring' Nandan Nilekani reveals quizzing love story of meeting 'mercurial' wife RohiniNandan Nilekani met his wife, Rohini, at a quiz competition in 1977. While he described himself as 'boring' compared to her 'spontaneous' nature, Rohini has become an influential environmental philanthropist. The Nilekanis have joined Bill Gates and Melinda French Gates's Giving Pledge, emphasizing the importance of using wealth for the greater good.
- The Economic Times Startup Awards 2024 specialThe Economic Times Startup Awards (ETSA) 2024 ceremony brought together startup leaders and policymakers in Bengaluru for a friendly and insightful dialogue on Saturday evening. The gathering of over 250 eminent personalities discussed several hot-button issues on the sidelines of the summit, which featured a chat with guest of honour Union minister Ashwini Vaishnaw and a panel discussion hosted by Infosys chairman and cofounder Nandan Nilekani.
- ET Startup Awards 2024 | A ringside view of the greatest value-creation cycles of all : Times Internet VCSatyan Gajwani, vice chairman, Times Internet, in his welcome address at the 10th edition of the flagship event reminisced about the 2016 edition of the awards, when—like this year—the jury was chaired by Infosys cofounder and chairman Nandan Nilekani.
- ET Startup Awards 2024 | Ten years on, Startup Inc’s raring to rev it up to 110%New economy champions, brightest investment minds & policy makers see the ecosystem growing, maturing and evolving to global standards. The 10th edition of The Economic Times Startup Awards showcased the optimism and potential of the Indian tech industry. Government support, with policies favoring innovation and AI democratization, is expected to fuel this growth. Key industry leaders expressed confidence in India's ability to produce large-scale, globally competitive companies.
- Winners of The ET Startup Awards 2024 to be feted today, and other top stories this weekIt’s D-day! Top entrepreneurs, policymakers, and investors will come together in Bengaluru today to honour the stars of Indian entrepreneurship at the tenth edition of The Economic Times Startup Awards (ETSA) 2024.
- ET Startup Awards 2024: The stars of startup world to shine todayAshwini Vaishnaw, union minister for railways, information and broadcasting, electronics and IT, will be the guest of honour at the glittering ceremony. Winners and nominees, past and present, will be among the elite speakers. Watch out for full coverage of the event in ET's pages.
- Galaxy of tech stars at ETSA 2024; the man with the ‘Midas Touch’The ET Startup Awards this year will feature an all-star cast including Infosys cofounder Nandan Nilekani and Zomato CEO Deepinder Goyal.
- ET Startup Awards 2024: it’s an all-star cast of speakers in milestone year for ETSANandan Nilekani, a digital public infrastructure (DPI) evangelist, will delve into the past decade of India's tech and startup ecosystem and look ahead at what’s in store for the new economy amid groundbreaking technological innovations and the maturing of the country’s startup ecosystem.
- Good Robocop, Bad Robocop? A battle of perspectives on technology's futureAI is hailed as both a revolutionary and dangerous technology. It promises advancements in healthcare, education, and productivity but also poses existential risks. Experts like Yuval Noah Harari and Elon Musk warn of its rapid evolution and potential threats. The debate continues on how to regulate AI for humanity's benefit.
- This smallcap stock rallies 11% in 2 days after Nandan Nilekani's wife acquires stakeRohini Nilekani's smallcap portfolio acquired 8,13,375 shares, representing a 0.62% stake, at Rs 105.21 per share, according to NSE block deal data.
- India hosts fewer than 10 micro data centres: paperOCC is an open interface for providers and customers of computing infrastructure, and a network of interoperable micro data centres in the country. According to this model, India needs 10,000 micro data centres to build its compute power.
- Nandan Nilekani's wife acquires Rs 8.55 crore stake in this small-cap logistics firmRohini Nilekani, philanthropist and wife of Infosys co-founder Nandan Nilekani, purchased shares worth Rs 8.55 crore in logistics firm Allcargo Gati via open market transactions on Thursday.
- Bill Gates awards India an 'A' for working to solve malnutrition, praises public feeding systems and midday meal programBill Gates praised India's efforts to combat malnutrition, highlighting its focus on public feeding and fortified foods. He noted India's significant role in vaccine distribution and emphasized the importance of reducing malnutrition for economic growth. Gates also mentioned the growing domestic philanthropy in India and its potential global impact.
- Winners of ET Startup Awards 2024; and other top stories this weekWe at ETtech were neck-deep preparing for the past few months to bring to you the tenth edition of The Economic Times Startup Awards (ETSA). We reached out to more than 150 of the country’s top entrepreneurs, investors and other stakeholders to compile a list of the best entrepreneurial talent. Then we distilled it to arrive at the final nominees.
- Project to take DPI to 50 countries in five years is on: Nandan NilekaniNilekani was giving a quick reckoner on digital public infrastructure that India has in identity, and payments, and was recounting his journey from 2009, from becoming the founding chairman of Unique Identification Authority of India (UIDAI) to Aadhaar-enabled KYC to opening of Jan Dhan bank accounts.
- ET Startup Awards 2024: Lenskart bags top honours, a look at the winnersA high-powered jury led by Infosys cofounder and chairman Nandan Nilekani picked eight winners from a shortlist of 41 contenders after deliberating for well over two hours at a meeting in Bengaluru on Wednesday.
- The Economic Times Startup Awards 2024: And the big winners are…Top entrepreneurs, business leaders and an international cricketer came together in Bengaluru on September 11 to pick the winners of The Economic Times Startup Awards (ETSA) 2024. Today, we take great pleasure in announcing the winners of the tenth edition of India’s most coveted award for entrepreneurship.
- ET Startup Awards 2024: Lenskart gets 10/10, bags top honoursThe award recognised Lenskart’s success in building a fast-growing, large-scale, omnichannel consumer retail venture while creating an entirely new category, the jury noted. The 10-member jury chose eight winners from a shortlist of 41 contenders after deliberating for over 2.5 hours.
- ET Startup Awards 2024: Playing on front foot in innovation gameThe jurors were full of praise for the variety of technology-led businesses competing for the top spot across campuses, in the social enterprise field, among women-led ventures and those bootstrapping their way to success. Jury chair Nandan Nilekani was seen greeting fellow Bangalorean and Zerodha cofounder Nikhil Kamath warmly, introducing him as a hometown boy to some of the other jury members enjoying the breezy afternoon before being cloistered together for the discussions.
- ET Startup Awards 2024: Elite jury meets today to pick startup stars of 2024For the ET Startup Awards 2024, jury members from across the globe will come together on September 11 to recognise the brightest and best entrepreneurial talent.
- Former Trai chief RS Sharma becomes ONDC chairpersonRS Sharma, former TRAI chief and NHA CEO, has been appointed as the non-executive chairperson of the Open Network for Digital Commerce (ONDC). The ONDC aims to digitize the value chain and promote open networks. Sharma's extensive experience in IT and administrative reforms is expected to boost open commerce between entities.
- ET Startup Awards 2024: Jury members value uniqueness in startupsA high-powered jury led by Infosys cofounder and chairman Nandan Nilekani will meet on September 11 to pick the winners of the 10th edition of The Economic Times Startup Awards (ETSA) 2024, India’s most coveted recognition for entrepreneurial excellence.
- Jury reveal for The Economic Times Startup Awards 2024; and other top stories this weekWelcome to a new edition of ETtech Unwrapped – our weekend newsletter packed with the most important stories from this week. Let’s take a look at the recap.
- Ather Energy’s IPO plans; The Economic Times Startup Awards 2024EV scooter maker Ather Energy is preparing to file draft papers next week for a Rs 4,000-crore public issue. This and more in today’s ETtech Top 5.
- The Economic Times Startup Awards 2024: Jury to pick winners on September 11A high-powered jury led by Infosys cofounder and chairman Nandan Nilekani will meet on September 11 in Bengaluru to pick the winners of the tenth edition of The Economic Times Startup Awards (ETSA) 2024. Launched in 2015 to celebrate the fledgling startup economy, ETSA has over the past nine years chronicled the ebb and flow of the Indian entrepreneurship ecosystem.
- From Ashwini Vaishnaw to Anil Kapoor: Indians in the TIME100 Most Influential People in AI 2024 ListTIME Magazine has unveiled its 'TIME100 Most Influential People in AI 2024' list, featuring several Indians. Notable names include Sundar Pichai, Satya Nadella, and Railways Minister Ashwini Vaishnaw. The list also highlights actor Anil Kapoor's legal victory over unauthorized AI use of his likeness, setting a precedent for personality rights protection.
- DPI dependent Indian startups valued at $100 billion: Nandan NilekaniSpeaking at the annual Global Fintech Fest here, Nilekani said the very idea while building an Aadhar or unified payments interface (UPI) was to build the rails that could be used by the private sector or entrepreneurs to come out with innovative offerings.
- Open Cloud Compute looks to onboard 3 providers for October pilotThe Open Cloud Compute network was unveiled by Infosys non-executive chairman Nandan Nilekani earlier this year. It is an open interface for providers and customers of computing infrastructure. The network is hoping to onboard at least three compute providers to pilot in October.
- Myth Debunking 101: You can’t switch jobs between private and government sectorsSwitching between government and private sectors can be challenging due to differences in skills, culture, and growth paths, but it's achievable with careful planning. Sarbojit Mallick, Co-Founder of Instahyre, advises individuals to assess their transferable skills like project management, leadership, and communication to facilitate the transition.
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