“From ₹200 to ₹7,700 crore: The journey has inspired a generation of entrepreneurs,” said Nandan Nilekani, the Congress candidate from Bangalore South Parliamentary constituency, while disclosing the details of his wife as well as his assets — a day before he is expected to file his nomination papers.

“I started out with ₹200 in my pocket, when I graduated from IIT,” he said, “We founded Infosys with ₹10,000. Today, because of the success of a company built from scratch, Nandan and Rohini have assets of ₹7,700 crore,” Nileknai, the former CEO of Infosys, pointed out.

“Most of our wealth, almost 80 per cent remains in Infosys shares,” Nandan said (he still owns 1.45 per cent, and Rohini owns 1.3 per cent of Infosys). “This wealth was created while Infosys brought lakhs of jobs to Bangalore. The company also shared a lot of wealth with its employees through ESOPs.” The Infosys story, Nandan believes, inspired a generation of young Indians to start something on their own, to take risks that created wealth for the country, and millions of new jobs.

(This article was published on March 20, 2014)
XThese are links to The Hindu Business Line suggested by Outbrain, which may or may not be relevant to the other content on this page. You can read Outbrain's privacy and cookie policy here.