services roots, he is more interested in services than in the manufacturing sector. “And there’s a huge hunger to improve lives,” which he said had inspired him. NEW DELHI — Nandan Nilekani, a co-founder of one of India’s biggest information technology services companies, is an older billionaire but a young investor. Opinion; Nandan Nilekani: India’s financial inclusion is on fast track because of these 3 big ideas Innovative platforms like Amazon, Google, Facebook, and Uber wouldn't have been so successful without the class of silent public technology investment. Doesn’t matter to India-US ties as they’re in a full, strategic embrace, Republic TV editors booked for report on ‘rebellion’ against Mumbai Police commissioner, Engineers still account for 60% of new civil servants, despite UPSC’s attempts at diversity. This is in sharp contrast to the status quo, where banks typically offer only larger loans backed by collateral. In 2011, just over 3 out of 10 Indians had bank accounts. While he has some of his money in real estate and debt, most of it is in equity. Please click here for details on investors. “In 2014, when I came back from doing Aadhar, I suddenly realised that there was a startup revolution happening in India, particularly in Bangalore and in Koramangala where I live. And still, day in and day out, this newspaper blabbers continuously Modi has done nothing positive for the country. Get access to select LIVE keynotes and exhibits at TechSparks 2020. In the talk embedded below, I explain what made this progress possible. Her receivables tend to come in with significant delays, leading to short-term working capital shortages. Still, prod him further on whether he views his startup investments under the same lens, and he’s quick to admit that some business models do require a significant amount of cash burn. One of his recent investments is in 10i Commerce Services, an e-commerce company that, through its ShopX app, is recruiting small neighborhood businesses to sell their products online (nearly 40,000 retailers in 180 towns have signed up). India needs free, fair, non-hyphenated and questioning journalism even more as it faces multiple crises. Going forward, Nandan says the focus will be to make investments in a select group of around 10 startups, so that, a few mentors, including Nandan himself, can work closely with each of these entrepreneurs to grow their companies. More women are willing to take the pay cut, Tripura isn’t anti-Hindu. Possibly her biggest impediment is a lack of access to loans that could keep her business afloat. This allows Nandini to share data on her business’ regular invoices or GST payments seamlessly and securely. Whether you live in India or overseas, you can do it here.
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