How did Narayana Murthy start Infosys? What values guided him in building the company?

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FOUNDING: In 1981, Narayana Murthy and six other engineers (including Nandan Nilekani, S. Gopalakrishnan) founded Infosys in PUNE. The company started with an initial capital of ₹10,000 — borrowed from Murthy's wife Sudha Murthy, who had been secretly saving money for a family emergency. Starting with nothing but determination and talent, the co-founders worked long hours to build the company. GROWTH: Infosys grew from a small startup to a global IT giant, becoming the FIRST INDIAN company to list on the NASDAQ stock exchange. It made many of its early employees into millionaires through stock options — a revolutionary practice in India at the time. VALUES: (1) HARD WORK — long hours, complete dedication. (2) INTEGRITY — no shortcuts, no corruption. 'A company without values is a company without a future.' (3) MERITOCRACY — promotion and rewards based on PERFORMANCE, not connections. 'Performance leads to recognition, recognition leads to power, power leads to money.' (4) FRUGALITY — spending carefully in the early years to ensure the company's survival.

Practice — I Will Do It — The Narayana Murthy Story

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