Tag: Nandan M Nilekani

  • Nandan Nilekani Journey: From Infosys to Aadhaar

    We all must have heard about the multinational company, “Infosys.” With more than forty years of expertise in managing the systems and operations of multinational organizations, Infosys effectively guides its customers through their digital transformation journey.

    India is frequently referred to as the globe’s IT hub, and the credit for this goes to a few jewels. Nandan Nilekani, the co-founder of Infosys, is one of them. He is the guy behind India’s “Aadhar Cards,” which have been used to register 131.68 crore individuals to date. He was the driving force behind India’s IT boom, beginning in 1978 when companies like Microsoft didn’t even exist.

    He is a legend and an inspiration to the educated Indian middle class, who perceive him as a guy who has risen to exceptional levels in life only through hard work. After watching his father’s repeated work migrations and following migrations in his early days, he aspired to be an independent entrepreneur.

    After acquiring an education from the IIT, where he learned to work hard and perform as part of a team, he was transformed from a small-town youngster to a confident and mature young man. He also grasped the necessity of giving back to society, which is an essential aspect of his persona that hasn’t changed over the years.

    Read this article further, to know about the history and journey of Nandan Nilekani, starting from his early life, education, net worth, family, and more.

    Nandan Nilekani – Biography

    Name Nandan Nilekani
    Born 2 June, 1955
    Nationality Indian
    Spouse Rohini Nilekani
    Education St Joseph’s High school Dharwad, IIT Bombay (BTech)
    Occupation Non-Executive Chairman of Infosys
    Net worth $3.4 billion (September 2024)

    Nandan Nilekani – Early Life and Education
    Nandan Nilekani – Family
    Nandan Nilekani – Career
    Nandan Nilekani – Investments
    Nandan Nilekani – Books
    Nandan Nilekani – Awards and Recognitions

    Nandan Nilekani – Early Life and Education

    Nandan Nilekani was born in Bangalore, Karnataka, on June 2, 1955. His parents, Durga and Mohan Rao Nilekani are from Sirsi, a small town in the Northern Karnataka region. Konkani is his first language. In addition to Konkani, he is fluent in Kannada, English, Marathi, and Hindi.

    Nilekani attended Bishop Cotton Boys’ School and St. Joseph’s High School in Dharwad, Karnataka PU College Dharwad, and graduated from the Indian Institute of Technology Bombay in Mumbai with a bachelor’s degree in electrical engineering.

    Nandan Nilekani – Family

    Nandan Nilekani’s father’s and mother’s names are Mohan Rao Nilekani and Durga Rao Nilekani, respectively. His father was the general manager of Mysore and Minerva Mills, and he believed in Fabian Socialist ideas, which impacted Nilekani as a child. Vijay Nilekani, Nilekani’s older brother, works at the Nuclear Energy Institute in the United States.

    Nilekani married Rohini Nilekani, whom he met during an IIT quiz contest. Nihar and Janhavi are their two children, both of whom have graduated from Yale University with a bachelor’s degree.

    Nandan Nilekani with his Wife Rohini Nilekani
    Nandan Nilekani with his Wife Rohini Nilekani

    Nandan Nilekani – Career

    Information Technology and Infosys

    Company Logo of Infosys
    Company Logo of Infosys

    He began his career in 1978 at Patni Computer Systems in Mumbai, when he met and was interviewed by N.R. Narayana Murthy. Nilekani, Murthy, and five of his other Patni colleagues resigned in 1981 to establish Infosys. Nilekani became the Chief Executive Officer of Infosys in March 2002 and held the position until April 2007, when he passed over the reigns to his colleague Kris Gopalakrishnan and became co-chairman of the executive board. Nilekani held many positions before becoming CEO in 2002, including managing director, chief operating officer, and president.

    From March 2002 to April 2007, he was the company’s CEO. Infosys’ revenue grew exponentially during his five-year term as CEO. He returned to Infosys in 2017 when CEO Vishal Sikka left to become chairman. Upon his return, he relocated the company’s power center from California to Bengaluru.


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    Bureaucracy

    Nilekani left Infosys in July 2009 to become the chairman of the Unique Identification Authority of India, which he accepted at the request of then Prime Minister Dr Manmohan Singh. As the head of the UIDAI, he was in charge of implementing the Multipurpose National Identity Card, or Unique Identity Card program in India.

    This effort intends to equip every Indian inhabitant with a unique identity number, which will be used largely to effectively deliver social benefits. The means of identification was biometric, and the effort to construct a government database of India’s entire population has been dubbed “the world’s largest social enterprise.”

    They created Aadhaar, an Indian biometric ID system that includes a database of population information and home locations for Indians. In April 2017, 1.14 billion Indians received their national identification number. Aadhaar was dubbed “the most advanced ID scheme in the world” by World Bank Chief Economist Paul Romer in 2016. This software has been chastised for invading people’s privacy and disclosing sensitive data.

    He is the president of NCAER and a member of the ICRIER, which stands for, the Indian Council for Research on International Economic Relations’ Board of Governors. He also belongs to the Bombay Heritage Fund and the World Economic Forum Foundation’s advisory boards.

    Nilekani, to promote his book Imagining India: The Idea of a Renewed Nation, has been on The Daily Show with Jon Stewart. He also gave a TED talk about his vision for India’s future in 2009.

    NASSCOM

    NASSCOM was founded by Harish Mehta, Ashank Desai, Nandan Nilekani, Shiv Nadar, and Narayana Murthy. The National Association of Software and Service Companies (NASSCOM) is an Indian non-governmental trade association and advocacy group focused on advancing the country’s technology industry. Established in 1988, NASSCOM operates as a nonprofit organization, playing a crucial role in shaping and supporting the Indian tech sector.

    EkStep

    EkStep is a non-profit literacy and numeracy platform. Nilekani is the chairman of EkStep. EkStep, which was founded by the Nilekani with an initial investment of $10 million (about INR 65 crore), aims to solve the ‘learning problem’ by developing a technology-driven platform to assist youngsters in enhancing their ‘learning outcomes’ from a young age. EkStep plans to achieve so through gamified applications available on the Google Play Store.

    Politics

    In March 2014, Nilekani joined the Indian National Congress and contested the Bangalore South Lok Sabha seat election. He lost by 228,575 votes versus Bhartiya Janta Party’s candidate Ananth Kumar. He joined a committee in December 2016 to look at how consumers in India may make better use of digital payments.

    NCAER

    Nilekani is the president of the NCAER, which stands for, National Council of Applied Economic Research. NCAER is India’s oldest and biggest non-profit economic research think tank, situated in New Delhi. NCAER, which was launched in 1956, conducts sponsored research and independent economic policy research projects for governments and businesses.

    Its research spans practically every aspect of economics, from forecasting to poverty studies. NCAER is one of only a few think tanks in the world that collects primary survey data from homes, businesses, customers, and individuals on a scientific, nationwide scale. The NCAER’s social and economic data sets are frequently utilized in Indian research and analysis.


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    Nandan Nilekani – Investments

    Nandan Nilekani has made around 20 personal investments to date, which are as follows :

    Date Organization Name Round Amount
    Mar 13, 2020 Juggernaut Series A $672K
    Feb 24, 2020 RailYatri Series B $14.3M
    Feb 24, 2020 IntrCity Series B $14.3M
    Sep 26, 2018 PharmEasy Series C $50M
    Apr 27, 2018 IntrCity Series B $8M
    Apr 27, 2018 RailYatri Series B $8M
    Sep 19, 2017 Power2SME Series E $26M
    Jul 11, 2017 ThePrint Venture Round ₹450M
    Jul 1, 2017 Felis Creations Angel Round ₹5.5M
    Dec 26, 2016 ShopX Venture Round $5M
    Oct 19, 2016 IntrCity Venture Round $3M

    Nandan Nilekani – Books

    • Imagining India: The Idea of a Renewed Nation
    • Rebooting India: Realizing a Billion Aspirations

    Nilekani co-authored his third book with Tanuj Bhojwani, “The Art of Bitfulness: Keeping calm in the digital world” which was released in January 2022.


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    Nandan Nilekani – Awards, and Recognitions

    Year Awards/Recognition
    2019 Doctor of Science (Honoris Causa) by IIT Bombay during the Institute’s 57th Convocation
    2017 Lifetime Achievement Award from E & Y, CNBC- TV 18 conferred India Business leader award for the outstanding contributor to the Indian Economy-2017, and India Today magazine ranked him 12th in India’s 50 most powerful people of 2017 list
    2011 NDTV Indian of the Year’s Transformational Idea of the Year Award, and Doctor of Law degree by the Rotman School of Management at the University of Toronto
    2009 ‘Legend in Leadership Award’ by the Yale University, and the Time magazine placed Nilekani in the Time 100 list of ‘World’s Most Influential People’
    2006 Padma Bhushan, and Businessman of the Year by Forbes Asia
    2005 Joseph Schumpeter Prize for innovative services in the economy, economic sciences and politics
    2004 Corporate Citizen of the Year at the Asia Business Leaders Award (2004) organised by CNBC

    FAQs

    Is Nandan Nikaleni still with Infosys?

    Nandan Nikaleni is the Non-executive chairman of Infosys.

    What is the net worth of Nandan Nikaleni?

    The net worth of Nandan Nikaleni is $3.4 billion (September 2024).

    What are Nandan Nilekani’s education qualifications?

    Nandan Nilekani is a graduate of the Indian Institute of Technology Bombay in Mumbai with a bachelor’s degree in electrical engineering.

    What is Nandan Nilekani age?

    The age of Nandan Nilekani is 69 years, he was born on June 2, 1955.

  • Nandan M. Nilekani- The Aadhaar Man

    Nandan M. Nilekani, is the co-founder of Infosys. He is an Indian entrepreneur, bureaucrat and politician. Nicknamed as ‘Aadhaar Man‘, he was the chairman of the Unique Identification Authority of India (UIDAI). He is the tech magnate, who still has shares in Infosys, has backed Fundamentum, a $100 million venture capital fund aimed at technology companies.

    Read more to know all about this legend.

    Nandan M. Nilekani
    Nandan M. Nilekani

    Biography of Nandan M. Nilekani

    Name Nandan M. Nilekani
    Born On 2 June, 1995
    Nationality Indian
    Spouse Rohini Nilekani
    Profession Non- Executive Chairman of Infosys
    Political Party INC
    Compensation $77,599
    Net Worth $ 200 crores

    Childhood and Education
    Family
    Career
    Books
    Awards and Achievements

    Nandan M. Nilekani- Childhood and Education

    Nilekani was born on 2nd June, 1995 in Bangalore, Karnataka. His family belongs to KonkaniGoud Saraswat Brahmin community which is originally from Sirsi town in Uttara Kannada district of Karnataka.

    He did his schooling from Bishop Cotton Boys’ School and St. Joseph High School Dharwad. Because of his father’s frequent job transfers and subsequent relocation he had to change schools. After that he got his bachelor’s degree in electrical engineering from the Indian Institute of Technology Bombay, Mumbai in 1978.

    His first language is Konkani. In addition to Konkani, he speaks Kannada fluently along with English, Marathi, and Hindi

    Nandan M. Nilekani- Family

    • His father, Mohan Rao Nilekani worked as a general manager of Mysore and Minerva. He had subscribed to Fabina Socialist ideals which influenced Nilekani in his early life.
    • His mother’s name is Durga Nilekani.
    • He also has an elder brother, Vijay Nilekani who works in the Nuclear Energy Institute in the USA.
    • He married to Rohini Nilekani. He meet her at a quizzing event at IIT. He along with his wife Rohini signed the Giving Pledge in November 2017.
    • He wards two children, Nihar and Janhavi, each of whom has received an undergraduate degree from Yale University.
    • His family has a 2.31 percent stake in Infosys as per the quarter ended March 2018.

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    Nandan M. Nilekani- Career

    Infosys

    After completion of his graduation, he joined Patni Computers under N. R. Narayan Murthy.  Three years later, he along with Murthy and 5 others, founded Infosys Technologies Ltd, which went on to became an IT giant in India.

    Nilekani became the chief executive officer of Infosys in March 2002 and served as CEO of the company through April 2007. But Nilekani left Infosys in 2009, to join the UIDAI as the chairman on request of the former Prime Minister, Manmohan Singh.

    But was brought back in 2017 after a boardroom shakeup at the company and the sudden departure of its CEO. After his return he changed power center from California back to its Bengaluru headquarters. During his five-year tenure as CEO, Infosys’ topline grew sixfold to $3 billion.

    Infosys headquaters in Bengaluru
    Infosys headquaters in Bengaluru

    Politics

    Nilekani joined Indian National Congress in March 2014. He contested from the Bangalore South constituency where he lost by 228,575 votes to BJP candidate Ananth Kumar in the 2014 Lok Sabha election.

    He joined a committee to investigate how people in India could use digital payments to a greater extent in December 2016.

    Nandan M. Nilekani- Books

    • Not Just a Civil Servant  1 January- 2019
    • Imagining India: Ideas for the New Century-  2008
    • Rebooting India : Realizing a billion aspirations- 2015

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    Nandan M. Nilekani- Awards and Achievements

    • On 31 May 2011, he was awarded an honorary Doctor of Law degree by the Rotman School of Management at the University of Toronto.
    • In 2011, he received NDTV Indian of the Year’s Transformational Idea of the Year Award.
    • At the Asia Business Leaders Award (2004), he was named Corporate Citizen of the Year organised, by CNBC.
    • He also won Joseph Schumpeter Prize for innovative services in economy, economic sciences and politics in 2005.
    • In 2009,  Nilekani was placed in the Time 100 list of ‘World’s Most Influential People’ in Time magazine.
    • In November 2009, he was presented the ‘Legend in Leadership Award’ by the Yale University . He is the first Indian to receive this top honour.
    • Nilekani became one of the youngest entrepreneurs to join 20 global leaders on the World Economic Forum (WEF) Foundation Board, in January 2006.
    • In 2006, Nilekani was awarded one of India’s highest civilian honours, the Padma Bhushan.
    • Also, he was named Businessman of the Year by Forbes Asia in 2006.
    • He was ranked 12th in India’s 50 most powerful people of 2017 list in India Today magazine.
    • He received the Lifetime Achievement Award from E & Y. CNBC- TV 18 conferred India Business leader award for outstanding contributor to the Indian Economy-2017.
    • In 2017, he received the 22nd Nikkei Asia Prize for Economic & Business Innovation 2017.
    • In 2019, awarded Doctor of Science (Honoris Causa) by IIT Bombay during the Institute’s 57th Convocation.