Nandan Nilekani News

Tata Sons, and Nandan Nilekani, chairman of Infosys, struck a more optimistic note, arguing that IT services firms would remain relevant, playing a critical role in integrating AI technologies into clients’ back-end systems.Amid deepening fault lines, at least two IT CEOs put on a brave face during the Nasscom event, hinting at a turbulent short-term outlook.While Vijayakumar highlighted the human cost of automation, Tata Consultancy Services' (TCS) K. Krithivasan pointed towards revenue cannibalization.“See, we don't have to really incentivize because everybody wants to learn this tech.

On Tuesday, information technology industry body Nasscom projected a flat pace of growth for India’s tech services sector in the coming fiscal years. The previous day, brokerage firm Jefferies reduced its target prices of India’s Big Four IT firms.

Subscribe to enjoy similar stories. NEW DELHI : India’s technology outsourcing services are likely to “die out" over the next five years, as artificial intelligence automates most software programming and quality engineering tasks, according to Vinod Khosla, founder of Khosla Ventures and early-stage investor in OpenAI—the world’s most valuable AI startup.

Subscribe to enjoy similar stories. MUMBAI: Stable Money, an Indian platform allowing users to book fixed-income assets, has raised $25 million in a pre-Series C funding round, valuing the Bengaluru-based fintech startup at $175 million, at a time when Indian fintechs are under pressure to build more sustainable business models Peak XV Partners led the all-equity round with a $20 million investment, Saurabh Jain, co-founder of Stable Money, told Mint. Existing backers Z47, RTP Global, and the Fundamentum Partnership, co-founded by Infosys Ltd chairman Nandan Nilekani, also participated.

Subscribe to enjoy similar stories. Infosys co-founder Nandan Nilekani’s venture firm Fundamentum is preparing to sharpen its fintech bets in its upcoming third fund, banking on India’s digital public infrastructure and a widening financial inclusion gap to drive the next wave of growth, according to a top executive at the firm.

Infosys co-founder Nandan Nilekani has proposed a revolutionary solution: the tokenisation of land. He suggests digitising land titles and making them tradable on a blockchain ledger, like stocks or bonds. This could transform dormant assets into active resources, making it easier for landowners to access capital for business ventures or loans. However, Sridhar Vembu, founder of Zoho Corporation, has raised a critical counterpoint. In a recent post on X (formerly Twitter), Vembu expressed his concerns about the potential dangers of turning land into a liquid asset. While Nilekani envisions a future where landowners can unlock the value of their property, Vembu fears that increased liquidity could lead to exploitation, especially among vulnerable individuals.

Infosys co-founder, Nandan Nilekani, highlighted that 50% of Indians' assets are land, much of it non-tradable—unable to be sold or used as loan collateral. This leaves landowners with dormant assets. He proposes “tokenisation of land”, digitising titles to make them tradable on a ledger, like stocks or bonds.

Infosys cofounder Nandan Nilekani predicts that India will have one million startups by 2035. He said that there are 150,000 startups today growing at a compound annual growth rate of 20%. He also noted that among 2000 funded startups, 100 unicorns have been created. He was speaking at venture capital firm Arkam Ventures Annual Meet 2025 on Wednesday here where he outlined a strategic roadmap for India to achieve an 8% annual growth rate and become an $8 trillion economy by 2035.

Infosys co-founder Nandan Nilekani has criticised the trend of developing increasingly complex artificial intelligence (AI) models, arguing that this does not necessarily lead to better results. Speaking at the People+AI Mela in Bengaluru, he expressed concern over how many AI models remain closed systems, hidden from public scrutiny. “They keep doing more of that, but it is not that it is going to get any better. They are all typically kept within the four walls of a company. It is like a black box for the rest of us,” Nilekani said, as reported by The Economic Times. This lack of transparency, he warned, is limiting innovation and preventing broader contributions to AI development.

Anand Mahindra has emphasized the need for a healthier population to achieve India’s vision of a ‘Viksit Bharat’ by 2047. His statement came in response to Prime Minister Narendra Modi’s recent initiative aimed at combating obesity and promoting mindful consumption of edible oil.

Infosys founder NR Narayana Murthy on Friday described the late Prime Minister Dr Manmohan Singh as a “gentleman, a scholar, and a value-based politician.”

But compute is awfully expensive. For a country like India, which needs scale and cheaper compute, the cost is only going to get increasingly higher, making it inaccessible to large sections. Open Cloud Compute (OCC), an initiative of People+AI is looking to solve this very issue. It is founded by EkStep Foundation, which Infosys cofounder Nandan Nilekani started in 2015 and is trying to offer an alternative for larger players by creating a network of micro data centres.

Nandan Nilekani, a fresh graduate from IIT Bombay, was uncertain about his career path. Having missed his graduate school entrance exam due to illness, he sought new opportunities in the rapidly growing computing sector. His search led him to Patni Computer Systems in Pune, where he had a life-changing encounter with Narayana Murthy. This meeting not only kickstarted Nilekani’s career but also laid the foundation for his pivotal role in India’s IT revolution.

Google Research India head Manish Gupta has disagreed with Infosys chairman Nandan Nilekani's comments that ‘India should not invest in building foundational models.’ Gupta, speaking at the Bengaluru Tech Summit held between November 19-21, firmly disagreed with Nilekani and said, “There’s a technologist that I deeply respect, Nandan Nilekani, who made this statement: India should forget about foundation model building, just focus on the use cases. And I would say, with the person I respect, I respectfully disagree.” Nilekani is credited with helming world's largest unique identity programme with Aadhaar. The Google research head countered, saying India should invest in foundational AI models or Large Language Models (LLMs). “I think he’s (Nandan Nilekani) wrong because he’s not preaching what he has practised. What he did, he revolutionised India’s technology landscape by starting with the basics for Aadhaar. He didn’t start with use cases. He started with foundations. So, I think we must start with foundations.”

Meta’s Build with AI summit in Bengaluru, Nilekani stressed that India's AI trajectory should be less about competing in LLM development and more about building an infrastructure to gather and utilise data, driving meaningful innovation across various sectors, highlighted the publication."Our aim is not to build yet another LLM," Nilekani remarked, referencing the significant investments by Silicon Valley giants in creating vast language models. “Let the big players handle that.

Subscribe to enjoy similar stories. Meta Platforms Inc.’s chief AI scientist, Yann LeCun, was in Davos for the annual World Economic Forum meeting in January when he met Nandan Nilekani—the Infosys co-founder at the vanguard of India’s many technological advances. That meeting, LeCun says, partly triggered his decision to visit India a third time.

Subscribe to enjoy similar stories. Bengaluru/Mumbai: Venture capital investors are increasingly encouraging some of their early- to mid-stage portfolio startups, such as IntrCity, BHive, and Leverage Edu, to go public, hoping to take advantage of a bullish stock market and return capital to their investors.

Subscribe to enjoy similar stories. Bengaluru: Infosys Ltd’s latest quarterly revenue has helped it reclaim the position of India’s second-largest IT services firm, 14 years after Cognizant Technology Solutions Corp. raced ahead of Infosys.

Infosys co-founder Nandan Nilekani recently shared memories of his first meeting with his wife, Rohini, during a quiz competition in 1977 at Mumbai's Elphinstone College. In a podcast with Nikhil Kamath, he recalled, “We had a quiz competition, I was representing IIT and the quiz was (hosted) at Elphinstone College. That's how I met her.” Nilekani humorously noted that IIT had «obviously» won the competition, adding, “Obviously, we won the quiz… That’s how I met her way back in 1977."

Rohini 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. Rohini 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.

Lenskart bagged top honours at the 10th edition of India’s most prestigious awards for entrepreneurship — The Economic Times Startup Awards (ETSA). A high-powered jury led by Infosys cofounder and chairman Nandan Nilekani picked the Gurgaon-based company as the Startup of the Year at a meeting in Bengaluru on Wednesday. The 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.