Infosys, the mega-giant of the IT world, surpassed all our expectations to be one of the top rankers in the world. Today, it’s clients are spread across more than 50 countries and assets worth US 12 billion dollars (approx), a no minor feat for any company.
Here are 5 facts about the legacy of this billion-dollar company that most of us didn’t know:
1) The Head start
In 1981 in the city of Pune by the former employees of Patni Computer systems started with a meager capital of Rs 10,000 initially, it was named as Infosys Consultants. The founders were Narayan Murthy, Nandan Nilekani, N S Raghavan, S Gopalakrishnan, S D Shibulal, K Dinesh and Ashok Arora. The functional office was Narayan Murthy’s front room and the registered office was Raghavan’s home.
2) Surprise Surprise!
The first employee wasn’t the commonly thought Narayan Murthy, it was Mr. Raghavan while Narayan was the 4th employee, joining the firm one year late due to his commitments at Patni. Furthermore, if you think Infosys started small, you are right! Their first computer came two years after their start, just because the founders wanted to buy quality, with own funds.
3) Not so smooth journey
KSA collapsed in 1989, 8 years after Infosys began which lead to the company falling into a crisis where founder Ashok Arora also quit. But then again, ever since, everyone else has stayed, thanks to the unsteering faith of Narayan Murthy in 1989.
4) Always broke young man
Narayan Murthy had a wonderful track record of being broke. The wonderful part? The one person he owed money to was none other than his wife. It was for three years that she kept a book of debts of around Rs 4000 but later tore it apart after their wedding.
5) The NASDAQ day
10 years later, THE DAY arrived. The company touched a US 100 million dollars in 1999 when it became the first IT company from India to get listed on the prestigious NASDAQ.
Infosys is a company that has seen many ups and downs, from the 1989 crisis to the recent resignation of Vishal Sikka. Yet, it is still India’s pone of the most trustable and reliable brand which established our nation on the world’s IT map.
Aspiring, driven and empowered, Infosys is an enabler and a market leader that India is proud of.