NR Narayana Murthy; a biography Listed as one of the “12 greatest entrepreneurs of our time; by Fortune magazine in , Nagavara Ramarao Narayana. The Leo by birth, Nagavara Ramarao Narayana Murthy famously known as Narayana was born in Sidlaghatta, Kolar District in Mysore. Narayana Murthy was not born with a silver spoon in his mouth; in fact, he had to work extremely hard to reach the was born on August 20,
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Presently, he acts as the Chairman Emeritus of Infosys.
Some of the services the company offers include business consulting, technology, engineering, and outsourcing services. Since his retirement from an active role in Infosys, Narayana has been an active part of his private investment firm to backs start-ups, Catamaran Ventures.
Narayana Murthy – A Visionary Who Changed the Face Of Indian IT Industry
Other than that, he is also a part of a range of activities which include: He belonged to a poor family and his father was a teacher in a high school. But even then, he was one of the brightest students without any coaching classes and would often help his friends in studies.
Since those early days, he dreamt of pursuing engineering from the Indian institute of technology. In the first attempt itself, he appeared for the test and cleared with great marks. This was also the time when he was dating his wife Sudha and intended to get married to her.
Her father had a condition that he must be settled with a decent job if they wanted their blessings, but Narayana was very adamant about his free will.
After about a year and a half the company sadly tanked and they were forced to shut it down. Due to this event, he was left with no other option but to take up a job, hence, he joined Patni Computer Systems in Pune as a General Manager. Since, he now had a job which satisfied his to-be father-in-law, before joining the company he made sure to get married to Sudha.
This was also because he was going to the US for training and wanted to complete the marriage before that. And with the arrival of the lady luck of his life, within a short period, he began walking on the paths of success! So while at Patni, he again felt the urge to autobkography back to entrepreneurship. But his wife could see his pain and the fact that he wanted to do something with his life, but he had no money.
Hence, she decided to help him out. She gave him a sabbatical of three years and asked him not muurthy worry of the house, she will take care of all the financial needs. Having that sorted, on a morning of Januaryhe met six of his software engineer friends in his apartment to discuss on how they could create a company to write software codes.
N. R. Narayana Murthy Biography – Childhood, Life Achievements & Timeline
Soon after that he also decided to leave his job at Patni and began working on his new project. And after six months of aggressive preparations, Infosys was registered on 2 nd of July, It then used to be known as Infosys Consultants Private Limited.
Dinesh and Ashok Arora. Intogether they moved to Pune and bought a small house on loan. All six of them would autobiofraphy from there, and sudha was their Clerk-cum-Cook-cum-Programmer. But this time it was only Narayana who had moved, that too without his wife because her son had infantile eczema, an allergy to vaccinations. Slowly, the rest of the team also moved to Bangalore as well and work again began with full force.
Now during that time, when they began moving ahead aggressively with Infosys, there were certain ground rules laid down. Firstly, all the ahtobiography collectively autobiogrsphy a firm decision that none of their wives would ever get involved in the running of the company. Second was that, none of the founders would be allowed to continue with the company after the age of This way, the younger talents at Infosys would get an opportunity to grow to the top positions.
N. R. Narayana Murthy
Additionally, none of their children would also get involved in the future as well, this would close all possible rooms for discrimination or partiality. Anyway, things began to speed up quickly. Their initial years were clearly autobiograpjy smooth. Most of the founders were into writing codes. They wanted to make a strong impact in the American market. A lot of struggle indeed!
These were the days, when even after eight years of trying to bring up a company, they had got nowhere, whereas their friends who had studied with them had cars and houses. Yet despite so many sacrifices and struggles, all the partners and their families made sure to take time out for small picnics as well too. Gopalakrishnan was made the public face of this JV in America.
But due to unfortunate and unknown events, this joint venture collapsed in a very short span of time in since it started. This left a huge dent in the company. The company was on the verge of collapse, and looking at the worsening scenario one of their founders — Ashok Arora, sold his shares of the unlisted company back to the partners and moved out.
Situations were extremely bad for them, none of them had a clue of what to do, how to go ahead. He told all the partners that if they wished to leave, they happily can and that he will buy back all the shares from them. But he will keep the company running. But the other partners decided to stay. So they decided to buck it up and face the challenges. To begin with, they divided all the tasks. Narayana always had an eye for talent and a talent for dividing labour, hence he handled the management.
Nandan was asked to take control of sales, Kris and Shibu managed the technical end, Raghavan was asked to handle people, and lastly, Dinesh was assigned quality. Their pace was such that, the company went on to open their first international office in Boston, US in a matter of no time. Since then the company has made sure to never have to look back.
Narayana very well knew that image was everything and hence, he smartly on the sidelines worked on creating an image for Infosys as well. He invested heavily into creating huge and world class campuses. It helped them show their global customers feel like they were in a global office. This move of theirs greatly helped them retain the talent and also gave the employees a sense of ownership as well. And in the next two years, the company had opened global development centers in Fremont, Toronto, and had also opened their first Aurobiography office in nnarayana UK.
What was even more commendable was that at that time, Infosys was known to be amongst the 20 biggest companies by market capitalization on the NASDAQ. This was the time when the Infosys began their massive worldwide expansion plan and went on to open a list of offices in different parts of the world including Germany, Sweden, Belgium, Australia, and two development centers in the US.
Additionally, they also launched their Business Consulting Services as well. This is when Narayana decided mutthy completely move out of the day-to-day functioning of the firm and handed over his Chairmanship as well to K.
Kamath, although he still acts as the Chairman Emeritus to the firm. Presently, the company also accounts for more than clients who are spread across 50 countries.
They have also become the sixth largest publicly traded company mmurthy India and told account for more thanemployees as well. More recently, the company has also acquired Panaya, Inc, and Skava as well. Cyan Default Red Orange. Narayana Murthy Story of a man who needs no introduction! Thursday, October 29, Views The Interesting Story of Infosys…!
How did it all happen? How did they manage to scale the company under given naraynaa The Rise of Infosys.! Narayana Murthy InfosysNarayana Murthy success story. Make Your Story Inspire Millions!