Nandan Nilekani

Nandan Nilekani General Information

Description

Mr. Nandan Nilekani is a Co-Founder and serves as Chairman of the Board at Infosys. He serves as an Advisor at Bharat Inclusion Seed Fund. He is also the Founder of NRJN Family Trust. He co-founded one of India's largest technology services companies, Infosys, in 1981. He serves as a Board Member at Avanti Finance. At last count, its market cap was $34 Billion. During his five-year tenure (March 2002-April 2007) as the company's CEO, revenue grew six-fold to $3 billion. He went on to work on what is today hailed as the biggest social project on the planet: Aadhaar. He was the Founding Chairman of UIDAI which was a Government of India initiative to give every Indian resident a unique ID named Aadhaar and served in the Government till March 2014. Over 1 Billion people got an Aadhaar ID within 6 years of launch. As an investor now, he continues to wear this think-big cap. A firm believer in using technology in ways that benefit people, he has been actively involved with several philanthropic projects. With his wife Rohini, he founded EkStep, a not-for-profit initiative to improve the learning skills of students from underprivileged backgrounds. He also partnered with Ratan Tata and invested in Avanti Finance, an NBFC focused on offering micro-loans in rural areas. He has recently agreed to become an advisor to the government in building an Open Network for Digital Commerce (ONDC) to prevent digital monopolies and level the playing field for smaller retain merchants in the country. He enjoys looking at how Indian entrepreneurs identify original Indian problems and then solve them with the application of technology. Before Fundamentum, he made personal investments in multiple companies including ShopX, RailYatri, LetsVenture, Sedemac, and Power2SME. He co-founded Fundamentum, a scale-up fund, in 2017 to transfer his learnings of building mega-scale ideas and lasting legacies. Going forward, Fundamentum will be the sole platform for him to engage with the start-up world. As co-founder of Fundamentum, he is actively involved in the deal decision-making process and mentors the founders of the portfolio companies. He is excited about working closely with young entrepreneurs from the portfolio to help create built-to-last companies out of India, and steadfastly support them in their exciting journey. He holds a B.Tech in Electrical Engineering from Indian Institute of Technology, Bombay in 1978