August 16th, 2018Following a number of delays and a few hurdles, the updated version of UPI which is commonly called UPI 2.0 is set to be introduced to the people by the National Payments Corp of India. The UPI 2.0 will be launched today at an event in Mumbai.
Urjit Patel, the Governor of The Reserve Bank of India along with Rajnish Kumar, State...
May 12th, 2018IT Major Infosys has announced the resignation of its independent director, Ravi Venkatesan which would mark the first board-level departure since Nandan Nilekani took over the chairmanship of the company more than eight months back.
Ravi who became Independent Director in 2011 has decided to leave the company to acquire "an exciting...
April 17th, 2018SHOPX, India’s fastest growing digital offline platform, fueling retailers in India, has received ₹12.99 Cr of fresh capital from existing investor, Nandan Mohan Nilekani.
ShopX has so far raised a total of ₹122 Crore of which Mr Nilekani's contribution has been almost all of it.
The former UDAI Chairman and Infosys...
April 11th, 2018Travel Triangle, India’s fastest growing travel marketplace recently raised Rs 78 crore Series C funding from Fundamentum, a growth-capital fund for mid-stage tech startups in India financed by Nandan Nilekani and Sanjeev Aggarwal. This funding round also saw the participation of several existing investors such as SAIF Partners,...
February 15th, 2018Indian Railway query platform RailYatri is in talks to secure a funding of $10 million from its existing investor Omidyar Network, a philanthropic investment firm.
This third round of funding will also see participation from its other existing investors including Blume Ventures, Helion Venture, Nandan Nilekani according to the source...
October 13th, 2017The Indian governments Aadhaar card scheme, which has enrolled more than 1 billion people, has helped the exchequer save about USD 9 billion by eliminating fraud in beneficiary lists, its architect Nandan Nilekani has said here.
The system, launched by the previous UPA government, has been "enthusiastically" supported by the current...
August 28th, 2017Infosys founders are likely to sell some of their stake in the company's under Rs 13,000-crore share buyback programme, the company said today.
The promoters keenness to participate in the buyback comes within days of a silent coup by founders led by N R Narayana Murthy to seize control of Indias second-biggest software services...
July 3rd, 2017Infosys co-founder Nandan Nilekani has partnered venture capital veteran Sanjeev Aggarwal to set up a USD 100 million fund that will focus on building "enduring technology companies" out of India, specially consumer technology.
Called the The Fundamentum Partnership, the platform will lead investment rounds ranging between USD 10-25...
May 2nd, 2016Nandan Nilekani, Infosys co-founder and former chairman of UIDAI invested an undisclosed investment in RailYatri.in.
Founded by Kapil Raizada, Sachin Saxena, and Manish Rathi, Railyatri is a web and mobile app-based startup that provides real-time and analytics-based travel-related information to passengers. The startup claims to...
