Everyone’s favourite compassionate capitalist is not satisfied with the 100,000 jobs he’s already helped create. So he’s working hard to replicate another Silicon Valley success story. Priya Ramani in Mint-Lounge:
The last time N.R. Narayana Murthy took money from Sudha Murty in 1981, he founded Infosys Technologies and grew Rs10,000 to a $5.1 billion (around Rs22,742 crore) company. So it’s not difficult to understand why everyone’s talking about the Rs604.3 crore he raised with his wife’s help recently.
But if Murthy’s experiencing any performance anxiety about replicating that urban legend in his new adventure, Catamaran Ventures, it doesn’t show. When we meet at Infosys headquarters in Bangalore’s Electronics City, he’s dressed in a Larry King blue shirt, belt buckled exactly like my father (i.e. several inches higher than GQ recommends). His geek read, mathematician David Bodanis’ E=mc², lies on the table in front of him and though he gives me more time than I’ve asked for, he calmly lobs my volley of requests for any specific numbers (“data points” in his lingo).
Though Murthy’s big secret was unveiled only last November after the Infosys chairman and Sudha Murty sold a chunk of their shares worth Rs174.3 crore and Rs430 crore, respectively, he had been planning this move for one and a half years, or around the same time he met 28-year-old Arjun Ramegowda Narayan, an MIT graduate whose family migrated to Bangalore 200 years ago to sell flowers outside the Lalbagh Botanical Garden. “Ideas are stored at the back of your mind but they become concrete when you come across people who can give them shape,” says Murthy. More:
Murthy, wife gift Harvard $5.2 mn to publish Indian classics: In The Indian Express
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