
Section 34
N R Narayana Murthy
Co-founded Infosys in 1981 with six engineers and built it into a global IT services firm. (Infosys)
- life
- Born 1946
- era
- 1947 to 1991
- 7
- Founding engineers · 1981
- $250
- Reported starting capital (about) · 1981
The story
N R Narayana Murthy worked at Patni Computer Systems, where he met Nandan Nilekani. In 1981 he and six other engineers founded Infosys in Pune, with starting capital reported at about US$250.
In 1983 the company moved to Bangalore. It did software work for overseas clients at a time when importing a computer in India took long approvals.
Infosys went public in India in 1993. In February 1999 it filed papers with the US Securities and Exchange Commission and listed on Nasdaq that year, one of the first Indian companies to do so.
The other co-founders were Nandan Nilekani, Kris Gopalakrishnan, S D Shibulal, K Dinesh, N S Raghavan and Ashok Arora.
Timeline
- 1981Founds Infosys in Pune with six other engineers.
- 1983Infosys moves its headquarters to Bangalore.
- 1993Infosys goes public in India.
- 1999Files with the US SEC and lists on Nasdaq.
- 2002Launches Progeon, its business process outsourcing arm (later Infosys BPM).
- 2011Company is renamed Infosys Limited.