{"id":40219,"date":"2024-07-12T18:44:49","date_gmt":"2024-07-12T13:14:49","guid":{"rendered":"https:\/\/www.equentis.com\/blog\/?p=40219"},"modified":"2024-07-12T18:47:38","modified_gmt":"2024-07-12T13:17:38","slug":"infosys-from-living-room-to-becoming-a-70-billion-global-tech-giant-on-nasdaq","status":"publish","type":"post","link":"https:\/\/www.equentis.com\/blog\/infosys-from-living-room-to-becoming-a-70-billion-global-tech-giant-on-nasdaq\/","title":{"rendered":"Infosys: From Living Room to Becoming a $70 Billion Global Tech Giant on Nasdaq"},"content":{"rendered":"<div id=\"bsf_rt_marker\"><\/div>\n<p><\/p>\n\n\n\n<p>An 8&#215;8 foot cell, three days without food, a foreign country, and a communist regime breathing down your neck \u2013 all for daring to criticize their system. No, this isn&#8217;t a scene from a movie.\u00a0 It is the unlikely birthplace of a revolutionary idea.\u00a0\u00a0<\/p>\n\n\n\n<p>Imprisoned, confused, and on the verge of starvation, this man underwent a radical transformation, shifting from a confused leftist to a compassionate capitalist. He set about changing the face of technology and creating a company that would rewrite India&#8217;s economic future.<\/p>\n\n\n\n<p>Curious to know who this person could be? Buckle up because you&#8217;re about to meet the mastermind behind a business empire, and the answer might surprise you.<\/p>\n\n\n\n<div class=\"wp-block-cp-timeline-content-timeline-block Cool-Content-Timeline\"><div class=\"cool-timeline-block-460d7ed8-8fdd-45a5-a758-c3566547b7fc\"><style>.cool-timeline-block-460d7ed8-8fdd-45a5-a758-c3566547b7fc .cool-vertical-timeline-body .story-time p{color: #333;}.cool-timeline-block-460d7ed8-8fdd-45a5-a758-c3566547b7fc .cool-vertical-timeline-body .story-details .timeline-block_desc p{font-size: 16px;}.cool-timeline-block-460d7ed8-8fdd-45a5-a758-c3566547b7fc .cool-vertical-timeline-body::before{background: linear-gradient(to bottom, rgba(230, 230, 230, 0) 0%, #D91B3E 10%, #D91B3E 90%, rgba(230, 230, 230, 0) 100%);}.cool-timeline-block-460d7ed8-8fdd-45a5-a758-c3566547b7fc .cool-vertical-timeline-body .timeline-content::before{background: #D91B3E;}.cool-timeline-block-460d7ed8-8fdd-45a5-a758-c3566547b7fc .cool-vertical-timeline-body.left .story-details::after{background: #D91B3E;}.cool-timeline-block-460d7ed8-8fdd-45a5-a758-c3566547b7fc .cool-vertical-timeline-body.right .story-time::after{background: #D91B3E;}.cool-timeline-block-460d7ed8-8fdd-45a5-a758-c3566547b7fc .cool-vertical-timeline-body .timeline-content.icon-true .timeline-block-icon{background: #D91B3E;}.cool-timeline-block-460d7ed8-8fdd-45a5-a758-c3566547b7fc .cool-vertical-timeline-body .timeline-content.icon-false .timeline-block-icon{background: transparent;}.cool-timeline-block-460d7ed8-8fdd-45a5-a758-c3566547b7fc .cool-vertical-timeline-body .timeline-content.icon-false .timeline-block-icon svg{fill: #D91B3E;}.cool-timeline-block-460d7ed8-8fdd-45a5-a758-c3566547b7fc .cool-vertical-timeline-body.both-sided .timeline-content .position-right .story-details::before{border-right-color: #D91B3E !important;}.cool-timeline-block-460d7ed8-8fdd-45a5-a758-c3566547b7fc .cool-vertical-timeline-body.both-sided .timeline-content .position-left  .story-details::before{border-left-color: #D91B3E;}.cool-timeline-block-460d7ed8-8fdd-45a5-a758-c3566547b7fc .cool-vertical-timeline-body.one-sided.left .timeline-content  .story-details::before{border-right-color: #D91B3E;}.cool-timeline-block-460d7ed8-8fdd-45a5-a758-c3566547b7fc .cool-vertical-timeline-body.one-sided.right .timeline-content  .story-details::before{border-left-color: #D91B3E;}.cool-timeline-block-460d7ed8-8fdd-45a5-a758-c3566547b7fc .cool-vertical-timeline-body .timeline-content  .story-details{border-color: #D91B3E !important;}.cool-timeline-block-460d7ed8-8fdd-45a5-a758-c3566547b7fc .cool-vertical-timeline-body .timeline-content  .timeline-block-icon{border-color: #D91B3EFF !important;}.cool-timeline-block-460d7ed8-8fdd-45a5-a758-c3566547b7fc .icon-true .timeline-block-icon span.timeline-block-render-icon svg{fill: white;}<\/style><div class=\"cool-vertical-timeline-body both-sided left\"><div class=\"cool-timeline-block-list\">\n<div class=\"wp-block-cp-timeline-content-timeline-block-child swiper-slide\"><div class=\"timeline-content icon-false \"><div class=\"timeline-block-timeline ctl-row  position-right ctl_timeFalse\"><div class=\"ctl-6 timeline-block-time\"><\/div><div class=\"timeline-block-icon\"><svg stroke=\"currentColor\" fill=\"currentColor\" stroke-width=\"0\" viewBox=\"0 0 512 512\" height=\"1em\" width=\"1em\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M256 8C119 8 8 119 8 256s111 248 248 248 248-111 248-248S393 8 256 8z\"><\/path><\/svg><\/div><div class=\"ctl-6 timeline-block-detail\"><div class=\"story-details\"><div class=\"story-image\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1400\" height=\"650\" src=\"https:\/\/www.equentis.com\/blog\/wp-content\/uploads\/2024\/07\/Story-of-Rise-of-Infosys-Storytelling-00-02.jpg\" alt=\"\" class=\"wp-image-40545\" title=\"\" srcset=\"https:\/\/www.equentis.com\/blog\/wp-content\/uploads\/2024\/07\/Story-of-Rise-of-Infosys-Storytelling-00-02.jpg 1400w, https:\/\/www.equentis.com\/blog\/wp-content\/uploads\/2024\/07\/Story-of-Rise-of-Infosys-Storytelling-00-02-300x139.jpg 300w, https:\/\/www.equentis.com\/blog\/wp-content\/uploads\/2024\/07\/Story-of-Rise-of-Infosys-Storytelling-00-02-768x357.jpg 768w, https:\/\/www.equentis.com\/blog\/wp-content\/uploads\/2024\/07\/Story-of-Rise-of-Infosys-Storytelling-00-02-1024x475.jpg 1024w\" sizes=\"(max-width: 1400px) 100vw, 1400px\" \/><\/div><div class=\"story-content\"><h3 class=\"timeline-block_title\"><strong>A Life Shaped by Values<\/strong><\/h3><div class=\"timeline-block_desc\"><p>The fifth of eight children, Narayana Murthy was born into a modest lower-middle-class family in Mysore. His father, a school teacher,taught him the importance of public good and sacrifice, while his mother focused on honesty.\u00a0<br><br>His civil servant uncle steered him towards it, but Murthy harbored a different dream. He pursued engineering to become a junior engineer in a hydroelectric power plant \u2013 one of Nehru&#8217;s &#8220;temples of modern India.&#8221;<\/p><\/div><\/div><\/div><\/div><\/div><\/div><\/div>\n\n\n\n<div class=\"wp-block-cp-timeline-content-timeline-block-child swiper-slide\"><div class=\"timeline-content icon-false \"><div class=\"timeline-block-timeline ctl-row  position-left ctl_timeFalse\"><div class=\"ctl-6 timeline-block-time\"><\/div><div class=\"timeline-block-icon\"><svg stroke=\"currentColor\" fill=\"currentColor\" stroke-width=\"0\" viewBox=\"0 0 512 512\" height=\"1em\" width=\"1em\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M256 8C119 8 8 119 8 256s111 248 248 248 248-111 248-248S393 8 256 8z\"><\/path><\/svg><\/div><div class=\"ctl-6 timeline-block-detail\"><div class=\"story-details\"><div class=\"story-image\"><img decoding=\"async\" width=\"1400\" height=\"650\" src=\"https:\/\/www.equentis.com\/blog\/wp-content\/uploads\/2024\/07\/Story-of-Rise-of-Infosys-Storytelling-00-03.jpg\" alt=\"\" class=\"wp-image-40546\" title=\"\" srcset=\"https:\/\/www.equentis.com\/blog\/wp-content\/uploads\/2024\/07\/Story-of-Rise-of-Infosys-Storytelling-00-03.jpg 1400w, https:\/\/www.equentis.com\/blog\/wp-content\/uploads\/2024\/07\/Story-of-Rise-of-Infosys-Storytelling-00-03-300x139.jpg 300w, https:\/\/www.equentis.com\/blog\/wp-content\/uploads\/2024\/07\/Story-of-Rise-of-Infosys-Storytelling-00-03-768x357.jpg 768w, https:\/\/www.equentis.com\/blog\/wp-content\/uploads\/2024\/07\/Story-of-Rise-of-Infosys-Storytelling-00-03-1024x475.jpg 1024w\" sizes=\"(max-width: 1400px) 100vw, 1400px\" \/><\/div><div class=\"story-content\"><h3 class=\"timeline-block_title\"><strong>The Allure of Computers<\/strong><\/h3><div class=\"timeline-block_desc\"><p>Fate, however, had other plans. His Master&#8217;s degree at IIT Kanpur introduced him to the captivating world of computers, a technology that would become the cornerstone of his revolutionary vision.\u00a0<\/p><\/div><\/div><\/div><\/div><\/div><\/div><\/div>\n\n\n\n<div class=\"wp-block-cp-timeline-content-timeline-block-child swiper-slide\"><div class=\"timeline-content icon-false \"><div class=\"timeline-block-timeline ctl-row  position-right ctl_timeFalse\"><div class=\"ctl-6 timeline-block-time\"><\/div><div class=\"timeline-block-icon\"><svg stroke=\"currentColor\" fill=\"currentColor\" stroke-width=\"0\" viewBox=\"0 0 512 512\" height=\"1em\" width=\"1em\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M256 8C119 8 8 119 8 256s111 248 248 248 248-111 248-248S393 8 256 8z\"><\/path><\/svg><\/div><div class=\"ctl-6 timeline-block-detail\"><div class=\"story-details\"><div class=\"story-image\"><img decoding=\"async\" width=\"1400\" height=\"650\" src=\"https:\/\/www.equentis.com\/blog\/wp-content\/uploads\/2024\/07\/Story-of-Rise-of-Infosys-Storytelling-00-04.jpg\" alt=\"\" class=\"wp-image-40547\" title=\"\" srcset=\"https:\/\/www.equentis.com\/blog\/wp-content\/uploads\/2024\/07\/Story-of-Rise-of-Infosys-Storytelling-00-04.jpg 1400w, https:\/\/www.equentis.com\/blog\/wp-content\/uploads\/2024\/07\/Story-of-Rise-of-Infosys-Storytelling-00-04-300x139.jpg 300w, https:\/\/www.equentis.com\/blog\/wp-content\/uploads\/2024\/07\/Story-of-Rise-of-Infosys-Storytelling-00-04-768x357.jpg 768w, https:\/\/www.equentis.com\/blog\/wp-content\/uploads\/2024\/07\/Story-of-Rise-of-Infosys-Storytelling-00-04-1024x475.jpg 1024w\" sizes=\"(max-width: 1400px) 100vw, 1400px\" \/><\/div><div class=\"story-content\"><h3 class=\"timeline-block_title\"><strong>The Irresistible Offer<\/strong><\/h3><div class=\"timeline-block_desc\"><p>Despite lucrative job offers, Murthy was drawn to Ahmedabad for an opportunity.\u00a0 Professor Krishnayya of the Indian Institute of Management promised access to &#8220;a great, modern mini-computer,&#8221; making the institute the third business school globally (after Harvard and Stanford) to install a time-sharing system.\u00a0<br><br>The prospect of a collaborative environment where he could learn relentlessly for a modest Rs. 800 a month proved irresistible. He later recalled this decision as <strong>the best one of his life.<\/strong><\/p><\/div><\/div><\/div><\/div><\/div><\/div><\/div>\n\n\n\n<div class=\"wp-block-cp-timeline-content-timeline-block-child swiper-slide\"><div class=\"timeline-content icon-false \"><div class=\"timeline-block-timeline ctl-row  position-left ctl_timeFalse\"><div class=\"ctl-6 timeline-block-time\"><\/div><div class=\"timeline-block-icon\"><svg stroke=\"currentColor\" fill=\"currentColor\" stroke-width=\"0\" viewBox=\"0 0 512 512\" height=\"1em\" width=\"1em\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M256 8C119 8 8 119 8 256s111 248 248 248 248-111 248-248S393 8 256 8z\"><\/path><\/svg><\/div><div class=\"ctl-6 timeline-block-detail\"><div class=\"story-details\"><div class=\"story-image\"><img loading=\"lazy\" decoding=\"async\" width=\"1400\" height=\"650\" src=\"https:\/\/www.equentis.com\/blog\/wp-content\/uploads\/2024\/07\/Story-of-Rise-of-Infosys-Storytelling-00-05.jpg\" alt=\"\" class=\"wp-image-40548\" title=\"\" srcset=\"https:\/\/www.equentis.com\/blog\/wp-content\/uploads\/2024\/07\/Story-of-Rise-of-Infosys-Storytelling-00-05.jpg 1400w, https:\/\/www.equentis.com\/blog\/wp-content\/uploads\/2024\/07\/Story-of-Rise-of-Infosys-Storytelling-00-05-300x139.jpg 300w, https:\/\/www.equentis.com\/blog\/wp-content\/uploads\/2024\/07\/Story-of-Rise-of-Infosys-Storytelling-00-05-768x357.jpg 768w, https:\/\/www.equentis.com\/blog\/wp-content\/uploads\/2024\/07\/Story-of-Rise-of-Infosys-Storytelling-00-05-1024x475.jpg 1024w\" sizes=\"(max-width: 1400px) 100vw, 1400px\" \/><\/div><div class=\"story-content\"><h3 class=\"timeline-block_title\"><strong>Learning and Legacy<\/strong> <\/h3><div class=\"timeline-block_desc\"><p>Murthy honed his analytical skills as a research associate at IIM Ahmedabad. His thirst for knowledge soon translated into action when he became a chief systems programmer.\u00a0<br><br>He wasn&#8217;t just writing codes; he was making history by developing India&#8217;s first BASIC interpreter for the TDC 312, a computer far ahead of its time in late-1960s India. <\/p><\/div><\/div><\/div><\/div><\/div><\/div><\/div>\n\n\n\n<div class=\"wp-block-cp-timeline-content-timeline-block-child swiper-slide\"><div class=\"timeline-content icon-false \"><div class=\"timeline-block-timeline ctl-row  position-right ctl_timeFalse\"><div class=\"ctl-6 timeline-block-time\"><\/div><div class=\"timeline-block-icon\"><svg stroke=\"currentColor\" fill=\"currentColor\" stroke-width=\"0\" viewBox=\"0 0 512 512\" height=\"1em\" width=\"1em\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M256 8C119 8 8 119 8 256s111 248 248 248 248-111 248-248S393 8 256 8z\"><\/path><\/svg><\/div><div class=\"ctl-6 timeline-block-detail\"><div class=\"story-details\"><div class=\"story-image\"><img loading=\"lazy\" decoding=\"async\" width=\"1400\" height=\"650\" src=\"https:\/\/www.equentis.com\/blog\/wp-content\/uploads\/2024\/07\/Story-of-Rise-of-Infosys-Storytelling-00-06-1.jpg\" alt=\"\" class=\"wp-image-40570\" title=\"\" srcset=\"https:\/\/www.equentis.com\/blog\/wp-content\/uploads\/2024\/07\/Story-of-Rise-of-Infosys-Storytelling-00-06-1.jpg 1400w, https:\/\/www.equentis.com\/blog\/wp-content\/uploads\/2024\/07\/Story-of-Rise-of-Infosys-Storytelling-00-06-1-300x139.jpg 300w, https:\/\/www.equentis.com\/blog\/wp-content\/uploads\/2024\/07\/Story-of-Rise-of-Infosys-Storytelling-00-06-1-768x357.jpg 768w, https:\/\/www.equentis.com\/blog\/wp-content\/uploads\/2024\/07\/Story-of-Rise-of-Infosys-Storytelling-00-06-1-1024x475.jpg 1024w\" sizes=\"(max-width: 1400px) 100vw, 1400px\" \/><\/div><div class=\"story-content\"><h3 class=\"timeline-block_title\"><strong>From Rejection to Revolution<\/strong><\/h3><div class=\"timeline-block_desc\"><p>The seeds of Infosys were sown in technical prowess and professional rejection. When Murthy&#8217;s application for a position at <a href=\"https:\/\/www.equentis.com\/blog\/stocks-to-watch-wipro-diamond-power-set-for-ex-date-on-december-3-2024\/\">Wipro<\/a> was denied, it sparked a fire within him.\u00a0<br><br>Little did Wipro know they had just given birth to one of their biggest competitors. While his first IT venture, Softronics, wasn&#8217;t successful, it provided valuable lessons that Murthy would carry forward.\u00a0<\/p><\/div><\/div><\/div><\/div><\/div><\/div><\/div>\n\n\n\n<div class=\"wp-block-cp-timeline-content-timeline-block-child swiper-slide\"><div class=\"timeline-content icon-false \"><div class=\"timeline-block-timeline ctl-row  position-left ctl_timeFalse\"><div class=\"ctl-6 timeline-block-time\"><\/div><div class=\"timeline-block-icon\"><svg stroke=\"currentColor\" fill=\"currentColor\" stroke-width=\"0\" viewBox=\"0 0 512 512\" height=\"1em\" width=\"1em\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M256 8C119 8 8 119 8 256s111 248 248 248 248-111 248-248S393 8 256 8z\"><\/path><\/svg><\/div><div class=\"ctl-6 timeline-block-detail\"><div class=\"story-details\"><div class=\"story-image\"><img loading=\"lazy\" decoding=\"async\" width=\"1400\" height=\"650\" src=\"https:\/\/www.equentis.com\/blog\/wp-content\/uploads\/2024\/07\/Story-of-Rise-of-Infosys-Storytelling-00-07.jpg\" alt=\"\" class=\"wp-image-40550\" title=\"\" srcset=\"https:\/\/www.equentis.com\/blog\/wp-content\/uploads\/2024\/07\/Story-of-Rise-of-Infosys-Storytelling-00-07.jpg 1400w, https:\/\/www.equentis.com\/blog\/wp-content\/uploads\/2024\/07\/Story-of-Rise-of-Infosys-Storytelling-00-07-300x139.jpg 300w, https:\/\/www.equentis.com\/blog\/wp-content\/uploads\/2024\/07\/Story-of-Rise-of-Infosys-Storytelling-00-07-768x357.jpg 768w, https:\/\/www.equentis.com\/blog\/wp-content\/uploads\/2024\/07\/Story-of-Rise-of-Infosys-Storytelling-00-07-1024x475.jpg 1024w\" sizes=\"(max-width: 1400px) 100vw, 1400px\" \/><\/div><div class=\"story-content\"><h3 class=\"timeline-block_title\"><strong>The Unlikely Beginnings of a Tech Giant<\/strong><\/h3><div class=\"timeline-block_desc\"><p>Murthy envisioned a company that could revolutionize the industry. He started with a shoestring <a href=\"https:\/\/www.equentis.com\/blog\/union-budget-2024-which-sectors-does-it-favour\/\">budget<\/a> of just \u20b910,000, borrowed from his wife. His first office was the front room of his own home.\u00a0<br><br>Undeterred, Murthy and six colleagues set out to build a <a href=\"https:\/\/www.equentis.com\/blog\/key-global-events-that-can-influence-the-stock-market-this-week-3\/\">global<\/a> IT services company in India.<br>The initial capital was not enough.\u00a0 So, Murthy negotiated a lifeline with a prospective client, securing working capital for a few crucial months. <\/p><\/div><\/div><\/div><\/div><\/div><\/div><\/div>\n\n\n\n<div class=\"wp-block-cp-timeline-content-timeline-block-child swiper-slide\"><div class=\"timeline-content icon-false \"><div class=\"timeline-block-timeline ctl-row  position-right ctl_timeFalse\"><div class=\"ctl-6 timeline-block-time\"><\/div><div class=\"timeline-block-icon\"><svg stroke=\"currentColor\" fill=\"currentColor\" stroke-width=\"0\" viewBox=\"0 0 512 512\" height=\"1em\" width=\"1em\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M256 8C119 8 8 119 8 256s111 248 248 248 248-111 248-248S393 8 256 8z\"><\/path><\/svg><\/div><div class=\"ctl-6 timeline-block-detail\"><div class=\"story-details\"><div class=\"story-image\"><img loading=\"lazy\" decoding=\"async\" width=\"1400\" height=\"650\" src=\"https:\/\/www.equentis.com\/blog\/wp-content\/uploads\/2024\/07\/Story-of-Rise-of-Infosys-Storytelling-00-08.jpg\" alt=\"\" class=\"wp-image-40551\" title=\"\" srcset=\"https:\/\/www.equentis.com\/blog\/wp-content\/uploads\/2024\/07\/Story-of-Rise-of-Infosys-Storytelling-00-08.jpg 1400w, https:\/\/www.equentis.com\/blog\/wp-content\/uploads\/2024\/07\/Story-of-Rise-of-Infosys-Storytelling-00-08-300x139.jpg 300w, https:\/\/www.equentis.com\/blog\/wp-content\/uploads\/2024\/07\/Story-of-Rise-of-Infosys-Storytelling-00-08-768x357.jpg 768w, https:\/\/www.equentis.com\/blog\/wp-content\/uploads\/2024\/07\/Story-of-Rise-of-Infosys-Storytelling-00-08-1024x475.jpg 1024w\" sizes=\"(max-width: 1400px) 100vw, 1400px\" \/><\/div><div class=\"story-content\"><h3 class=\"timeline-block_title\"><strong>Battling Bureaucracy<\/strong><\/h3><div class=\"timeline-block_desc\"><p>The challenges were many. In the 80s, computers were rare, and getting a telephone connection took years.\u00a0 While his colleagues in the US toiled away on software development, Murthy became a master of bureaucratic hurdles.\u00a0\u00a0<br><br>Securing a license to import a single computer took 50 trips to Delhi over three years!\u00a0 Even getting a phone line, crucial for daily client updates, felt insurmountable.\u00a0\u00a0<br><br>The RBI&#8217;s bizarre forex regulations added to his difficulties.\u00a0They asked Murthy to earn foreign exchange and share half with them when he returned it to India. Despite these issues, Murthy and his team&#8217;s unwavering dedication kept them going. <\/p><\/div><\/div><\/div><\/div><\/div><\/div><\/div>\n\n\n\n<div class=\"wp-block-cp-timeline-content-timeline-block-child swiper-slide\"><div class=\"timeline-content icon-false \"><div class=\"timeline-block-timeline ctl-row  position-left ctl_timeFalse\"><div class=\"ctl-6 timeline-block-time\"><\/div><div class=\"timeline-block-icon\"><svg stroke=\"currentColor\" fill=\"currentColor\" stroke-width=\"0\" viewBox=\"0 0 512 512\" height=\"1em\" width=\"1em\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M256 8C119 8 8 119 8 256s111 248 248 248 248-111 248-248S393 8 256 8z\"><\/path><\/svg><\/div><div class=\"ctl-6 timeline-block-detail\"><div class=\"story-details\"><div class=\"story-image\"><img loading=\"lazy\" decoding=\"async\" width=\"1400\" height=\"650\" src=\"https:\/\/www.equentis.com\/blog\/wp-content\/uploads\/2024\/07\/Story-of-Rise-of-Infosys-Storytelling-00-09.jpg\" alt=\"\" class=\"wp-image-40567\" title=\"\" srcset=\"https:\/\/www.equentis.com\/blog\/wp-content\/uploads\/2024\/07\/Story-of-Rise-of-Infosys-Storytelling-00-09.jpg 1400w, https:\/\/www.equentis.com\/blog\/wp-content\/uploads\/2024\/07\/Story-of-Rise-of-Infosys-Storytelling-00-09-300x139.jpg 300w, https:\/\/www.equentis.com\/blog\/wp-content\/uploads\/2024\/07\/Story-of-Rise-of-Infosys-Storytelling-00-09-768x357.jpg 768w, https:\/\/www.equentis.com\/blog\/wp-content\/uploads\/2024\/07\/Story-of-Rise-of-Infosys-Storytelling-00-09-1024x475.jpg 1024w\" sizes=\"(max-width: 1400px) 100vw, 1400px\" \/><\/div><div class=\"story-content\"><h3 class=\"timeline-block_title\"><strong>Building Trust <\/strong><\/h3><div class=\"timeline-block_desc\"><p>Murthy understood the importance of client relationships.\u00a0 He tirelessly ensured his clients were satisfied and their payments arrived on time.\u00a0 <br><br>It meant long waits at the RBI office to secure a portion of the earned income to send as maintenance allowance for his colleagues in the US. <\/p><\/div><\/div><\/div><\/div><\/div><\/div><\/div>\n\n\n\n<div class=\"wp-block-cp-timeline-content-timeline-block-child swiper-slide\"><div class=\"timeline-content icon-false \"><div class=\"timeline-block-timeline ctl-row  position-right ctl_timeFalse\"><div class=\"ctl-6 timeline-block-time\"><\/div><div class=\"timeline-block-icon\"><svg stroke=\"currentColor\" fill=\"currentColor\" stroke-width=\"0\" viewBox=\"0 0 512 512\" height=\"1em\" width=\"1em\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M256 8C119 8 8 119 8 256s111 248 248 248 248-111 248-248S393 8 256 8z\"><\/path><\/svg><\/div><div class=\"ctl-6 timeline-block-detail\"><div class=\"story-details\"><div class=\"story-image\"><img loading=\"lazy\" decoding=\"async\" width=\"1400\" height=\"650\" src=\"https:\/\/www.equentis.com\/blog\/wp-content\/uploads\/2024\/07\/Story-of-Rise-of-Infosys-Storytelling-00-10.jpg\" alt=\"\" class=\"wp-image-40552\" title=\"\" srcset=\"https:\/\/www.equentis.com\/blog\/wp-content\/uploads\/2024\/07\/Story-of-Rise-of-Infosys-Storytelling-00-10.jpg 1400w, https:\/\/www.equentis.com\/blog\/wp-content\/uploads\/2024\/07\/Story-of-Rise-of-Infosys-Storytelling-00-10-300x139.jpg 300w, https:\/\/www.equentis.com\/blog\/wp-content\/uploads\/2024\/07\/Story-of-Rise-of-Infosys-Storytelling-00-10-768x357.jpg 768w, https:\/\/www.equentis.com\/blog\/wp-content\/uploads\/2024\/07\/Story-of-Rise-of-Infosys-Storytelling-00-10-1024x475.jpg 1024w\" sizes=\"(max-width: 1400px) 100vw, 1400px\" \/><\/div><div class=\"story-content\"><h3 class=\"timeline-block_title\"><strong>The Power of Persistence<\/strong><\/h3><div class=\"timeline-block_desc\"><p>One instance perfectly exemplifies Murthy&#8217;s resourcefulness.\u00a0 A New York client offered a lifeline &#8211; an IBM-compatible computer on loan. The catch? Daily progress reports over the phone.\u00a0 This, again, highlighted the lack of basic infrastructure.\u00a0\u00a0<br><br>The phone department prioritized retired government officials, leaving Infosys&#8217; request in limbo. But Murthy wouldn&#8217;t give up. He persisted, finally securing a connection that showed the lengths he would go to for his clients and team.  <\/p><\/div><\/div><\/div><\/div><\/div><\/div><\/div>\n\n\n\n<div class=\"wp-block-cp-timeline-content-timeline-block-child swiper-slide\"><div class=\"timeline-content icon-false \"><div class=\"timeline-block-timeline ctl-row  position-left ctl_timeFalse\"><div class=\"ctl-6 timeline-block-time\"><\/div><div class=\"timeline-block-icon\"><svg stroke=\"currentColor\" fill=\"currentColor\" stroke-width=\"0\" viewBox=\"0 0 512 512\" height=\"1em\" width=\"1em\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M256 8C119 8 8 119 8 256s111 248 248 248 248-111 248-248S393 8 256 8z\"><\/path><\/svg><\/div><div class=\"ctl-6 timeline-block-detail\"><div class=\"story-details\"><div class=\"story-image\"><img loading=\"lazy\" decoding=\"async\" width=\"1400\" height=\"650\" src=\"https:\/\/www.equentis.com\/blog\/wp-content\/uploads\/2024\/07\/Story-of-Rise-of-Infosys-Storytelling-00-11.jpg\" alt=\"\" class=\"wp-image-40553\" title=\"\" srcset=\"https:\/\/www.equentis.com\/blog\/wp-content\/uploads\/2024\/07\/Story-of-Rise-of-Infosys-Storytelling-00-11.jpg 1400w, https:\/\/www.equentis.com\/blog\/wp-content\/uploads\/2024\/07\/Story-of-Rise-of-Infosys-Storytelling-00-11-300x139.jpg 300w, https:\/\/www.equentis.com\/blog\/wp-content\/uploads\/2024\/07\/Story-of-Rise-of-Infosys-Storytelling-00-11-768x357.jpg 768w, https:\/\/www.equentis.com\/blog\/wp-content\/uploads\/2024\/07\/Story-of-Rise-of-Infosys-Storytelling-00-11-1024x475.jpg 1024w\" sizes=\"(max-width: 1400px) 100vw, 1400px\" \/><\/div><div class=\"story-content\"><h3 class=\"timeline-block_title\"><strong>GDM Disrupts the IT Landscape<\/strong><\/h3><div class=\"timeline-block_desc\"><p>Infosys started small, but its focus on quality and client satisfaction quickly paid off.\u00a0 Realizing the potential of global markets, Infosys pioneered the ever-present Global Delivery Model (GDM).\u00a0<br><br>This innovative approach allowed them to deliver high-quality software services remotely, making them a cost-effective option for Western companies. <\/p><\/div><\/div><\/div><\/div><\/div><\/div><\/div>\n\n\n\n<div class=\"wp-block-cp-timeline-content-timeline-block-child swiper-slide\"><div class=\"timeline-content icon-false \"><div class=\"timeline-block-timeline ctl-row  position-right ctl_timeFalse\"><div class=\"ctl-6 timeline-block-time\"><\/div><div class=\"timeline-block-icon\"><svg stroke=\"currentColor\" fill=\"currentColor\" stroke-width=\"0\" viewBox=\"0 0 512 512\" height=\"1em\" width=\"1em\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M256 8C119 8 8 119 8 256s111 248 248 248 248-111 248-248S393 8 256 8z\"><\/path><\/svg><\/div><div class=\"ctl-6 timeline-block-detail\"><div class=\"story-details\"><div class=\"story-image\"><img loading=\"lazy\" decoding=\"async\" width=\"1400\" height=\"650\" src=\"https:\/\/www.equentis.com\/blog\/wp-content\/uploads\/2024\/07\/Story-of-Rise-of-Infosys-Storytelling-00-12.jpg\" alt=\"\" class=\"wp-image-40554\" title=\"\" srcset=\"https:\/\/www.equentis.com\/blog\/wp-content\/uploads\/2024\/07\/Story-of-Rise-of-Infosys-Storytelling-00-12.jpg 1400w, https:\/\/www.equentis.com\/blog\/wp-content\/uploads\/2024\/07\/Story-of-Rise-of-Infosys-Storytelling-00-12-300x139.jpg 300w, https:\/\/www.equentis.com\/blog\/wp-content\/uploads\/2024\/07\/Story-of-Rise-of-Infosys-Storytelling-00-12-768x357.jpg 768w, https:\/\/www.equentis.com\/blog\/wp-content\/uploads\/2024\/07\/Story-of-Rise-of-Infosys-Storytelling-00-12-1024x475.jpg 1024w\" sizes=\"(max-width: 1400px) 100vw, 1400px\" \/><\/div><div class=\"story-content\"><h3 class=\"timeline-block_title\"><strong>Murthy&#8217;s Vision Takes Flight<\/strong><\/h3><div class=\"timeline-block_desc\"><p>Pune, their initial home base, offered limited growth potential.\u00a0 In 1983, they made a strategic move, shifting their headquarters to Bangalore, India&#8217;s burgeoning tech hub, the beginning of Infosys 1.0, a vision Murthy spearheaded.\u00a0<br><br>The now-legendary Global Delivery Model (GDM), Murthy&#8217;s brainchild, was a stroke of genius. It allowed Infosys to deliver high-quality software development services remotely, leveraging India&#8217;s skilled workforce to offer cost-effective solutions to Western companies. <\/p><\/div><\/div><\/div><\/div><\/div><\/div><\/div>\n\n\n\n<div class=\"wp-block-cp-timeline-content-timeline-block-child swiper-slide\"><div class=\"timeline-content icon-false \"><div class=\"timeline-block-timeline ctl-row  position-left ctl_timeFalse\"><div class=\"ctl-6 timeline-block-time\"><\/div><div class=\"timeline-block-icon\"><svg stroke=\"currentColor\" fill=\"currentColor\" stroke-width=\"0\" viewBox=\"0 0 512 512\" height=\"1em\" width=\"1em\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M256 8C119 8 8 119 8 256s111 248 248 248 248-111 248-248S393 8 256 8z\"><\/path><\/svg><\/div><div class=\"ctl-6 timeline-block-detail\"><div class=\"story-details\"><div class=\"story-image\"><img loading=\"lazy\" decoding=\"async\" width=\"1400\" height=\"650\" src=\"https:\/\/www.equentis.com\/blog\/wp-content\/uploads\/2024\/07\/Story-of-Rise-of-Infosys-Storytelling-00-13.jpg\" alt=\"\" class=\"wp-image-40556\" title=\"\" srcset=\"https:\/\/www.equentis.com\/blog\/wp-content\/uploads\/2024\/07\/Story-of-Rise-of-Infosys-Storytelling-00-13.jpg 1400w, https:\/\/www.equentis.com\/blog\/wp-content\/uploads\/2024\/07\/Story-of-Rise-of-Infosys-Storytelling-00-13-300x139.jpg 300w, https:\/\/www.equentis.com\/blog\/wp-content\/uploads\/2024\/07\/Story-of-Rise-of-Infosys-Storytelling-00-13-768x357.jpg 768w, https:\/\/www.equentis.com\/blog\/wp-content\/uploads\/2024\/07\/Story-of-Rise-of-Infosys-Storytelling-00-13-1024x475.jpg 1024w\" sizes=\"(max-width: 1400px) 100vw, 1400px\" \/><\/div><div class=\"story-content\"><h3 class=\"timeline-block_title\"><strong>Innovation to International<\/strong><\/h3><div class=\"timeline-block_desc\"><p>The GDM was rapidly becoming the industry standard by 1987. With its sights set on global expansion, Infosys opened its first international office in Boston, USA, solidifying its position as a global player.<br><br>The early 1990s ushered in a period of economic reforms in India, and Infosys was perfectly positioned to ride the wave.\u00a0 <br><br>Demand for outsourced software development services skyrocketed, and Infosys&#8217; revenue grew exponentially, crossing the \u20b98.66 crore mark (approximately $3.3 million) by 1992.\u00a0<\/p><\/div><\/div><\/div><\/div><\/div><\/div><\/div>\n\n\n\n<div class=\"wp-block-cp-timeline-content-timeline-block-child swiper-slide\"><div class=\"timeline-content icon-false \"><div class=\"timeline-block-timeline ctl-row  position-right ctl_timeFalse\"><div class=\"ctl-6 timeline-block-time\"><\/div><div class=\"timeline-block-icon\"><svg stroke=\"currentColor\" fill=\"currentColor\" stroke-width=\"0\" viewBox=\"0 0 512 512\" height=\"1em\" width=\"1em\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M256 8C119 8 8 119 8 256s111 248 248 248 248-111 248-248S393 8 256 8z\"><\/path><\/svg><\/div><div class=\"ctl-6 timeline-block-detail\"><div class=\"story-details\"><div class=\"story-image\"><img loading=\"lazy\" decoding=\"async\" width=\"1400\" height=\"650\" src=\"https:\/\/www.equentis.com\/blog\/wp-content\/uploads\/2024\/07\/Story-of-Rise-of-Infosys-Storytelling-00-14.jpg\" alt=\"\" class=\"wp-image-40557\" title=\"\" srcset=\"https:\/\/www.equentis.com\/blog\/wp-content\/uploads\/2024\/07\/Story-of-Rise-of-Infosys-Storytelling-00-14.jpg 1400w, https:\/\/www.equentis.com\/blog\/wp-content\/uploads\/2024\/07\/Story-of-Rise-of-Infosys-Storytelling-00-14-300x139.jpg 300w, https:\/\/www.equentis.com\/blog\/wp-content\/uploads\/2024\/07\/Story-of-Rise-of-Infosys-Storytelling-00-14-768x357.jpg 768w, https:\/\/www.equentis.com\/blog\/wp-content\/uploads\/2024\/07\/Story-of-Rise-of-Infosys-Storytelling-00-14-1024x475.jpg 1024w\" sizes=\"(max-width: 1400px) 100vw, 1400px\" \/><\/div><div class=\"story-content\"><h3 class=\"timeline-block_title\"><strong>From Unsubscribed to Unstoppable<\/strong><\/h3><div class=\"timeline-block_desc\"><p>Confident about their success, they decided to go public in February 1993.\u00a0 However, the market wasn&#8217;t ready for a software company, and the IPO was undersubscribed.\u00a0\u00a0<br><br>Just when Infosys&#8217;s dreams seemed to be faltering, investment bank Morgan Stanley, recognizing Infosys&#8217;s potential, stepped in with a strategic bailout, acquiring 13% of the company&#8217;s equity. This financial backing and the growing demand for its services propelled Infosys forward.<\/p><\/div><\/div><\/div><\/div><\/div><\/div><\/div>\n\n\n\n<div class=\"wp-block-cp-timeline-content-timeline-block-child swiper-slide\"><div class=\"timeline-content icon-false \"><div class=\"timeline-block-timeline ctl-row  position-left ctl_timeFalse\"><div class=\"ctl-6 timeline-block-time\"><\/div><div class=\"timeline-block-icon\"><svg stroke=\"currentColor\" fill=\"currentColor\" stroke-width=\"0\" viewBox=\"0 0 512 512\" height=\"1em\" width=\"1em\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M256 8C119 8 8 119 8 256s111 248 248 248 248-111 248-248S393 8 256 8z\"><\/path><\/svg><\/div><div class=\"ctl-6 timeline-block-detail\"><div class=\"story-details\"><div class=\"story-image\"><img loading=\"lazy\" decoding=\"async\" width=\"1400\" height=\"650\" src=\"https:\/\/www.equentis.com\/blog\/wp-content\/uploads\/2024\/07\/Story-of-Rise-of-Infosys-Storytelling-00-15.jpg\" alt=\"\" class=\"wp-image-40558\" title=\"\" srcset=\"https:\/\/www.equentis.com\/blog\/wp-content\/uploads\/2024\/07\/Story-of-Rise-of-Infosys-Storytelling-00-15.jpg 1400w, https:\/\/www.equentis.com\/blog\/wp-content\/uploads\/2024\/07\/Story-of-Rise-of-Infosys-Storytelling-00-15-300x139.jpg 300w, https:\/\/www.equentis.com\/blog\/wp-content\/uploads\/2024\/07\/Story-of-Rise-of-Infosys-Storytelling-00-15-768x357.jpg 768w, https:\/\/www.equentis.com\/blog\/wp-content\/uploads\/2024\/07\/Story-of-Rise-of-Infosys-Storytelling-00-15-1024x475.jpg 1024w\" sizes=\"(max-width: 1400px) 100vw, 1400px\" \/><\/div><div class=\"story-content\"><h3 class=\"timeline-block_title\"><strong>Building a People-First Company<\/strong><\/h3><div class=\"timeline-block_desc\"><p>The company&#8217;s success wasn&#8217;t just about numbers. Infosys believed in empowering its employees. <br><br>Their pioneering Employee Stock Option Program (ESOP) created a sense of ownership and shared success, making Infosys a magnet for top talent. This focus on employee well-being became a core part of their company culture. <\/p><\/div><\/div><\/div><\/div><\/div><\/div><\/div>\n\n\n\n<div class=\"wp-block-cp-timeline-content-timeline-block-child swiper-slide\"><div class=\"timeline-content icon-false \"><div class=\"timeline-block-timeline ctl-row  position-right ctl_timeFalse\"><div class=\"ctl-6 timeline-block-time\"><\/div><div class=\"timeline-block-icon\"><svg stroke=\"currentColor\" fill=\"currentColor\" stroke-width=\"0\" viewBox=\"0 0 512 512\" height=\"1em\" width=\"1em\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M256 8C119 8 8 119 8 256s111 248 248 248 248-111 248-248S393 8 256 8z\"><\/path><\/svg><\/div><div class=\"ctl-6 timeline-block-detail\"><div class=\"story-details\"><div class=\"story-image\"><img loading=\"lazy\" decoding=\"async\" width=\"1400\" height=\"650\" src=\"https:\/\/www.equentis.com\/blog\/wp-content\/uploads\/2024\/07\/Story-of-Rise-of-Infosys-Storytelling-00-16-2.jpg\" alt=\"\" class=\"wp-image-40568\" title=\"\" srcset=\"https:\/\/www.equentis.com\/blog\/wp-content\/uploads\/2024\/07\/Story-of-Rise-of-Infosys-Storytelling-00-16-2.jpg 1400w, https:\/\/www.equentis.com\/blog\/wp-content\/uploads\/2024\/07\/Story-of-Rise-of-Infosys-Storytelling-00-16-2-300x139.jpg 300w, https:\/\/www.equentis.com\/blog\/wp-content\/uploads\/2024\/07\/Story-of-Rise-of-Infosys-Storytelling-00-16-2-768x357.jpg 768w, https:\/\/www.equentis.com\/blog\/wp-content\/uploads\/2024\/07\/Story-of-Rise-of-Infosys-Storytelling-00-16-2-1024x475.jpg 1024w\" sizes=\"(max-width: 1400px) 100vw, 1400px\" \/><\/div><div class=\"story-content\"><h3 class=\"timeline-block_title\"><strong>Beyond Borders<\/strong><\/h3><div class=\"timeline-block_desc\"><p>With its roots in Bangalore, Infosys continued to flourish. In 1994, it moved to a more permanent home in Electronic City. They extended beyond India&#8217;s borders, opening a development center in Fremont, California, solidifying its presence in the US market.<br><br>Recognizing the Internet&#8217;s potential, Infosys established its e-business practice in 1995. This move coincided with its European expansion, marked by the opening of its first office in the UK. Development centers in Toronto and Mangalore bolstered Infosys&#8217; global reach. <\/p><\/div><\/div><\/div><\/div><\/div><\/div><\/div>\n\n\n\n<div class=\"wp-block-cp-timeline-content-timeline-block-child swiper-slide\"><div class=\"timeline-content icon-false \"><div class=\"timeline-block-timeline ctl-row  position-left ctl_timeFalse\"><div class=\"ctl-6 timeline-block-time\"><\/div><div class=\"timeline-block-icon\"><svg stroke=\"currentColor\" fill=\"currentColor\" stroke-width=\"0\" viewBox=\"0 0 512 512\" height=\"1em\" width=\"1em\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M256 8C119 8 8 119 8 256s111 248 248 248 248-111 248-248S393 8 256 8z\"><\/path><\/svg><\/div><div class=\"ctl-6 timeline-block-detail\"><div class=\"story-details\"><div class=\"story-image\"><img loading=\"lazy\" decoding=\"async\" width=\"1400\" height=\"650\" src=\"https:\/\/www.equentis.com\/blog\/wp-content\/uploads\/2024\/07\/Story-of-Rise-of-Infosys-Storytelling-00-17.jpg\" alt=\"\" class=\"wp-image-40559\" title=\"\" srcset=\"https:\/\/www.equentis.com\/blog\/wp-content\/uploads\/2024\/07\/Story-of-Rise-of-Infosys-Storytelling-00-17.jpg 1400w, https:\/\/www.equentis.com\/blog\/wp-content\/uploads\/2024\/07\/Story-of-Rise-of-Infosys-Storytelling-00-17-300x139.jpg 300w, https:\/\/www.equentis.com\/blog\/wp-content\/uploads\/2024\/07\/Story-of-Rise-of-Infosys-Storytelling-00-17-768x357.jpg 768w, https:\/\/www.equentis.com\/blog\/wp-content\/uploads\/2024\/07\/Story-of-Rise-of-Infosys-Storytelling-00-17-1024x475.jpg 1024w\" sizes=\"(max-width: 1400px) 100vw, 1400px\" \/><\/div><div class=\"story-content\"><h3 class=\"timeline-block_title\"><strong>Philanthropy Takes Root<\/strong><\/h3><div class=\"timeline-block_desc\"><p>Giving back to society became a core principle for Infosys.\u00a0 In 1996, they established the Infosys Foundation, a philanthropic arm dedicated to supporting education, rural development, healthcare, and various social causes.<\/p><\/div><\/div><\/div><\/div><\/div><\/div><\/div>\n\n\n\n<div class=\"wp-block-cp-timeline-content-timeline-block-child swiper-slide\"><div class=\"timeline-content icon-false \"><div class=\"timeline-block-timeline ctl-row  position-right ctl_timeFalse\"><div class=\"ctl-6 timeline-block-time\"><\/div><div class=\"timeline-block-icon\"><svg stroke=\"currentColor\" fill=\"currentColor\" stroke-width=\"0\" viewBox=\"0 0 512 512\" height=\"1em\" width=\"1em\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M256 8C119 8 8 119 8 256s111 248 248 248 248-111 248-248S393 8 256 8z\"><\/path><\/svg><\/div><div class=\"ctl-6 timeline-block-detail\"><div class=\"story-details\"><div class=\"story-image\"><img loading=\"lazy\" decoding=\"async\" width=\"1400\" height=\"650\" src=\"https:\/\/www.equentis.com\/blog\/wp-content\/uploads\/2024\/07\/Story-of-Rise-of-Infosys-Storytelling-00-18.jpg\" alt=\"\" class=\"wp-image-40560\" title=\"\" srcset=\"https:\/\/www.equentis.com\/blog\/wp-content\/uploads\/2024\/07\/Story-of-Rise-of-Infosys-Storytelling-00-18.jpg 1400w, https:\/\/www.equentis.com\/blog\/wp-content\/uploads\/2024\/07\/Story-of-Rise-of-Infosys-Storytelling-00-18-300x139.jpg 300w, https:\/\/www.equentis.com\/blog\/wp-content\/uploads\/2024\/07\/Story-of-Rise-of-Infosys-Storytelling-00-18-768x357.jpg 768w, https:\/\/www.equentis.com\/blog\/wp-content\/uploads\/2024\/07\/Story-of-Rise-of-Infosys-Storytelling-00-18-1024x475.jpg 1024w\" sizes=\"(max-width: 1400px) 100vw, 1400px\" \/><\/div><div class=\"story-content\"><h3 class=\"timeline-block_title\"><strong>A Whirlwind of Growth<\/strong><\/h3><div class=\"timeline-block_desc\"><p>1997 saw the opening of an office in Toronto, Canada, and the launch of their Enterprise Solutions and packaged applications practice.<br><br>In 1999, Infosys became the first Indian company listed on the <a href=\"https:\/\/www.equentis.com\/blog\/european-stock-market-the-ultimate-guide\/\">NASDAQ<\/a>, achieving a CMM Level 5 certification for excellence in software development processes. In 2000, they doubled their revenue to $200 million.  <\/p><\/div><\/div><\/div><\/div><\/div><\/div><\/div>\n\n\n\n<div class=\"wp-block-cp-timeline-content-timeline-block-child swiper-slide\"><div class=\"timeline-content icon-false \"><div class=\"timeline-block-timeline ctl-row  position-left ctl_timeFalse\"><div class=\"ctl-6 timeline-block-time\"><\/div><div class=\"timeline-block-icon\"><svg stroke=\"currentColor\" fill=\"currentColor\" stroke-width=\"0\" viewBox=\"0 0 512 512\" height=\"1em\" width=\"1em\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M256 8C119 8 8 119 8 256s111 248 248 248 248-111 248-248S393 8 256 8z\"><\/path><\/svg><\/div><div class=\"ctl-6 timeline-block-detail\"><div class=\"story-details\"><div class=\"story-image\"><img loading=\"lazy\" decoding=\"async\" width=\"1400\" height=\"650\" src=\"https:\/\/www.equentis.com\/blog\/wp-content\/uploads\/2024\/07\/Story-of-Rise-of-Infosys-Storytelling-00-19-2.jpg\" alt=\"\" class=\"wp-image-40564\" title=\"\" srcset=\"https:\/\/www.equentis.com\/blog\/wp-content\/uploads\/2024\/07\/Story-of-Rise-of-Infosys-Storytelling-00-19-2.jpg 1400w, https:\/\/www.equentis.com\/blog\/wp-content\/uploads\/2024\/07\/Story-of-Rise-of-Infosys-Storytelling-00-19-2-300x139.jpg 300w, https:\/\/www.equentis.com\/blog\/wp-content\/uploads\/2024\/07\/Story-of-Rise-of-Infosys-Storytelling-00-19-2-768x357.jpg 768w, https:\/\/www.equentis.com\/blog\/wp-content\/uploads\/2024\/07\/Story-of-Rise-of-Infosys-Storytelling-00-19-2-1024x475.jpg 1024w\" sizes=\"(max-width: 1400px) 100vw, 1400px\" \/><\/div><div class=\"story-content\"><h3 class=\"timeline-block_title\"><strong>Focusing on Employee Wellbeing<\/strong><\/h3><div class=\"timeline-block_desc\"><p>This phase was about exploring new service lines. By 2001, revenue had doubled to over $400<br>million, and their commitment to employee well-being was recognized with a &#8220;Best Employer&#8221;<br>award.<\/p><\/div><\/div><\/div><\/div><\/div><\/div><\/div>\n\n\n\n<div class=\"wp-block-cp-timeline-content-timeline-block-child swiper-slide\"><div class=\"timeline-content icon-false \"><div class=\"timeline-block-timeline ctl-row  position-right ctl_timeFalse\"><div class=\"ctl-6 timeline-block-time\"><\/div><div class=\"timeline-block-icon\"><svg stroke=\"currentColor\" fill=\"currentColor\" stroke-width=\"0\" viewBox=\"0 0 512 512\" height=\"1em\" width=\"1em\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M256 8C119 8 8 119 8 256s111 248 248 248 248-111 248-248S393 8 256 8z\"><\/path><\/svg><\/div><div class=\"ctl-6 timeline-block-detail\"><div class=\"story-details\"><div class=\"story-image\"><img loading=\"lazy\" decoding=\"async\" width=\"1400\" height=\"650\" src=\"https:\/\/www.equentis.com\/blog\/wp-content\/uploads\/2024\/07\/Story-of-Rise-of-Infosys-Storytelling-00-20-1.jpg\" alt=\"\" class=\"wp-image-40574\" title=\"\" srcset=\"https:\/\/www.equentis.com\/blog\/wp-content\/uploads\/2024\/07\/Story-of-Rise-of-Infosys-Storytelling-00-20-1.jpg 1400w, https:\/\/www.equentis.com\/blog\/wp-content\/uploads\/2024\/07\/Story-of-Rise-of-Infosys-Storytelling-00-20-1-300x139.jpg 300w, https:\/\/www.equentis.com\/blog\/wp-content\/uploads\/2024\/07\/Story-of-Rise-of-Infosys-Storytelling-00-20-1-768x357.jpg 768w, https:\/\/www.equentis.com\/blog\/wp-content\/uploads\/2024\/07\/Story-of-Rise-of-Infosys-Storytelling-00-20-1-1024x475.jpg 1024w\" sizes=\"(max-width: 1400px) 100vw, 1400px\" \/><\/div><div class=\"story-content\"><h3 class=\"timeline-block_title\"><strong>N.R. Narayana Murthy Exits<\/strong><\/h3><div class=\"timeline-block_desc\"><p>A significant leadership change occurred in 2002.\u00a0 N.R. Narayana Murthy, the visionary leader who had steered Infosys from a shoestring <a href=\"https:\/\/www.equentis.com\/blog\/why-startup-investments-are-booming-a-startup-investors-guide\/\">startup<\/a> to a global IT giant, stepped down as CEO.\u00a0<br><br> He assumed the roles of Executive Chairman and Chief Mentor, while co-founder Nandan M Nilekani became the new CEO.\u00a0 <\/p><\/div><\/div><\/div><\/div><\/div><\/div><\/div>\n\n\n\n<div class=\"wp-block-cp-timeline-content-timeline-block-child swiper-slide\"><div class=\"timeline-content icon-false \"><div class=\"timeline-block-timeline ctl-row  position-left ctl_timeFalse\"><div class=\"ctl-6 timeline-block-time\"><\/div><div class=\"timeline-block-icon\"><svg stroke=\"currentColor\" fill=\"currentColor\" stroke-width=\"0\" viewBox=\"0 0 512 512\" height=\"1em\" width=\"1em\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M256 8C119 8 8 119 8 256s111 248 248 248 248-111 248-248S393 8 256 8z\"><\/path><\/svg><\/div><div class=\"ctl-6 timeline-block-detail\"><div class=\"story-details\"><div class=\"story-image\"><img loading=\"lazy\" decoding=\"async\" width=\"1400\" height=\"650\" src=\"https:\/\/www.equentis.com\/blog\/wp-content\/uploads\/2024\/07\/Story-of-Rise-of-Infosys-Storytelling-00-21.jpg\" alt=\"\" class=\"wp-image-40561\" title=\"\" srcset=\"https:\/\/www.equentis.com\/blog\/wp-content\/uploads\/2024\/07\/Story-of-Rise-of-Infosys-Storytelling-00-21.jpg 1400w, https:\/\/www.equentis.com\/blog\/wp-content\/uploads\/2024\/07\/Story-of-Rise-of-Infosys-Storytelling-00-21-300x139.jpg 300w, https:\/\/www.equentis.com\/blog\/wp-content\/uploads\/2024\/07\/Story-of-Rise-of-Infosys-Storytelling-00-21-768x357.jpg 768w, https:\/\/www.equentis.com\/blog\/wp-content\/uploads\/2024\/07\/Story-of-Rise-of-Infosys-Storytelling-00-21-1024x475.jpg 1024w\" sizes=\"(max-width: 1400px) 100vw, 1400px\" \/><\/div><div class=\"story-content\"><h3 class=\"timeline-block_title\"><strong>Growth Continues<\/strong><\/h3><div class=\"timeline-block_desc\"><p>In 2004, the company&#8217;s revenue reached a record \u20b93,564.5 crore ($1 billion), and it launched Infosys Consulting. For its excellence, Infosys was inducted into the Global MAKE Hall of Fame.<br><br>2006 saw revenue doubling to $2 billion and a workforce exceeding 50,000 employees.<br><br>In 2008, the revenue doubled again, crossing $4 billion, while annual profits exceeded $1 billion. By <br>2010, the revenue surpassed $5 billion.<\/p><\/div><\/div><\/div><\/div><\/div><\/div><\/div>\n\n\n\n<div class=\"wp-block-cp-timeline-content-timeline-block-child swiper-slide\"><div class=\"timeline-content icon-false \"><div class=\"timeline-block-timeline ctl-row  position-right ctl_timeFalse\"><div class=\"ctl-6 timeline-block-time\"><\/div><div class=\"timeline-block-icon\"><svg stroke=\"currentColor\" fill=\"currentColor\" stroke-width=\"0\" viewBox=\"0 0 512 512\" height=\"1em\" width=\"1em\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M256 8C119 8 8 119 8 256s111 248 248 248 248-111 248-248S393 8 256 8z\"><\/path><\/svg><\/div><div class=\"ctl-6 timeline-block-detail\"><div class=\"story-details\"><div class=\"story-image\"><img loading=\"lazy\" decoding=\"async\" width=\"1400\" height=\"650\" src=\"https:\/\/www.equentis.com\/blog\/wp-content\/uploads\/2024\/07\/Story-of-Rise-of-Infosys-Storytelling-00-22.jpg\" alt=\"\" class=\"wp-image-40562\" title=\"\" srcset=\"https:\/\/www.equentis.com\/blog\/wp-content\/uploads\/2024\/07\/Story-of-Rise-of-Infosys-Storytelling-00-22.jpg 1400w, https:\/\/www.equentis.com\/blog\/wp-content\/uploads\/2024\/07\/Story-of-Rise-of-Infosys-Storytelling-00-22-300x139.jpg 300w, https:\/\/www.equentis.com\/blog\/wp-content\/uploads\/2024\/07\/Story-of-Rise-of-Infosys-Storytelling-00-22-768x357.jpg 768w, https:\/\/www.equentis.com\/blog\/wp-content\/uploads\/2024\/07\/Story-of-Rise-of-Infosys-Storytelling-00-22-1024x475.jpg 1024w\" sizes=\"(max-width: 1400px) 100vw, 1400px\" \/><\/div><div class=\"story-content\"><h3 class=\"timeline-block_title\"><strong>Hampering Infosys Rise<\/strong> <\/h3><div class=\"timeline-block_desc\"><p>Infosys&#8217; meteoric rise wasn&#8217;t easy. In 2011, they were accused of visa fraud in the US, using visitor visas for work requiring specific work visas. 2019 a subsidiary settled tax fraud allegations with California&#8217;s Attorney General.\u00a0<br><br>More recently, their takeover of government portals like <a href=\"https:\/\/www.equentis.com\/blog\/what-is-direct-tax\/\">income tax<\/a> and GST resulted in criticism for malfunctions and poor performance.\u00a0<br><br>Their company culture sparked debates when founder Narayana Murthy advocated for a 70-hour workweek, raising questions about work-life balance in the Indian IT industry. <\/p><\/div><\/div><\/div><\/div><\/div><\/div><\/div>\n\n\n\n<div class=\"wp-block-cp-timeline-content-timeline-block-child swiper-slide\"><div class=\"timeline-content icon-false \"><div class=\"timeline-block-timeline ctl-row  position-left ctl_timeFalse\"><div class=\"ctl-6 timeline-block-time\"><\/div><div class=\"timeline-block-icon\"><svg stroke=\"currentColor\" fill=\"currentColor\" stroke-width=\"0\" viewBox=\"0 0 512 512\" height=\"1em\" width=\"1em\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M256 8C119 8 8 119 8 256s111 248 248 248 248-111 248-248S393 8 256 8z\"><\/path><\/svg><\/div><div class=\"ctl-6 timeline-block-detail\"><div class=\"story-details\"><div class=\"story-image\"><img loading=\"lazy\" decoding=\"async\" width=\"1400\" height=\"650\" src=\"https:\/\/www.equentis.com\/blog\/wp-content\/uploads\/2024\/07\/Story-of-Rise-of-Infosys-Storytelling-00-23.jpg\" alt=\"\" class=\"wp-image-40563\" title=\"\" srcset=\"https:\/\/www.equentis.com\/blog\/wp-content\/uploads\/2024\/07\/Story-of-Rise-of-Infosys-Storytelling-00-23.jpg 1400w, https:\/\/www.equentis.com\/blog\/wp-content\/uploads\/2024\/07\/Story-of-Rise-of-Infosys-Storytelling-00-23-300x139.jpg 300w, https:\/\/www.equentis.com\/blog\/wp-content\/uploads\/2024\/07\/Story-of-Rise-of-Infosys-Storytelling-00-23-768x357.jpg 768w, https:\/\/www.equentis.com\/blog\/wp-content\/uploads\/2024\/07\/Story-of-Rise-of-Infosys-Storytelling-00-23-1024x475.jpg 1024w\" sizes=\"(max-width: 1400px) 100vw, 1400px\" \/><\/div><div class=\"story-content\"><h3 class=\"timeline-block_title\">A Decadal Climb<\/h3><div class=\"timeline-block_desc\"><p>Infosys&#8217; journey reflects a relentless climb to the top. The 2010s were marked by global expansion, innovation, and industry recognition. <br><br>The 2020s saw their commitment to sustainability with early carbon neutrality and strategic partnerships, cementing their leadership with AI-powered platforms like Infosys Cortex and others.<br><br>Today, Infosys is still a financial powerhouse and a top IT services brand with a global workforce exceeding 317,000 employees and a presence in over 85 countries.<\/p><\/div><\/div><\/div><\/div><\/div><\/div><\/div>\n\n\n\n<div class=\"wp-block-cp-timeline-content-timeline-block-child swiper-slide\"><div class=\"timeline-content icon-false \"><div class=\"timeline-block-timeline ctl-row  position-right ctl_timeFalse\"><div class=\"ctl-6 timeline-block-time\"><\/div><div class=\"timeline-block-icon\"><svg stroke=\"currentColor\" fill=\"currentColor\" stroke-width=\"0\" viewBox=\"0 0 512 512\" height=\"1em\" width=\"1em\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M256 8C119 8 8 119 8 256s111 248 248 248 248-111 248-248S393 8 256 8z\"><\/path><\/svg><\/div><div class=\"ctl-6 timeline-block-detail\"><div class=\"story-details\"><div class=\"story-image\"><img loading=\"lazy\" decoding=\"async\" width=\"1400\" height=\"650\" src=\"https:\/\/www.equentis.com\/blog\/wp-content\/uploads\/2024\/07\/Story-of-Rise-of-Infosys-Storytelling-00-24.jpg\" alt=\"\" class=\"wp-image-40572\" title=\"\" srcset=\"https:\/\/www.equentis.com\/blog\/wp-content\/uploads\/2024\/07\/Story-of-Rise-of-Infosys-Storytelling-00-24.jpg 1400w, https:\/\/www.equentis.com\/blog\/wp-content\/uploads\/2024\/07\/Story-of-Rise-of-Infosys-Storytelling-00-24-300x139.jpg 300w, https:\/\/www.equentis.com\/blog\/wp-content\/uploads\/2024\/07\/Story-of-Rise-of-Infosys-Storytelling-00-24-768x357.jpg 768w, https:\/\/www.equentis.com\/blog\/wp-content\/uploads\/2024\/07\/Story-of-Rise-of-Infosys-Storytelling-00-24-1024x475.jpg 1024w\" sizes=\"(max-width: 1400px) 100vw, 1400px\" \/><\/div><div class=\"story-content\"><h3 class=\"timeline-block_title\"><strong>The Workforce of Tomorrow<\/strong><\/h3><div class=\"timeline-block_desc\"><p>Infosys advocates a future of work that blends flexibility, automation, and human connection. They&#8217;ve embraced a hybrid model that goes beyond traditional office or home environments, aiming to attract and retain diverse talent. <br><br>To make remote and flexible work seamless, Infosys is leveraging cutting-edge automation tools and optimizing outcomes. <br><br>But technology isn&#8217;t the sole focus. They are looking at experiential strategies that utilize digital tools to engage and enthrall talent, fostering a dynamic and attractive work experience. <\/p><\/div><\/div><\/div><\/div><\/div><\/div><\/div>\n<\/div><\/div><\/div><\/div>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>An 8&#215;8 foot cell, three days without food, a foreign country, and a communist regime breathing down your neck \u2013 [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":40544,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[948,1411],"tags":[],"class_list":["post-40219","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-stock-market-news","category-saga"],"_links":{"self":[{"href":"https:\/\/www.equentis.com\/blog\/wp-json\/wp\/v2\/posts\/40219","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.equentis.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.equentis.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.equentis.com\/blog\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/www.equentis.com\/blog\/wp-json\/wp\/v2\/comments?post=40219"}],"version-history":[{"count":0,"href":"https:\/\/www.equentis.com\/blog\/wp-json\/wp\/v2\/posts\/40219\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.equentis.com\/blog\/wp-json\/wp\/v2\/media\/40544"}],"wp:attachment":[{"href":"https:\/\/www.equentis.com\/blog\/wp-json\/wp\/v2\/media?parent=40219"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.equentis.com\/blog\/wp-json\/wp\/v2\/categories?post=40219"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.equentis.com\/blog\/wp-json\/wp\/v2\/tags?post=40219"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}