6 facts about Infosys you probably had no idea about
Behind the making of Infosys
Murthy borrowed from wife Sudha
The company was started with meager initial capital of Rs 10,000 and was named Infosys Consultants. Murthy borrowed the sum from his wife Sudha Murthy. The front room of Murthy's home was the company's first office, although the registered office was Raghavan's home.
Infosys's first employee
Infosys did not have a computer till 1983, because Murthy could not afford to bring an imported option he liked. It took almost two years to get a computer on their own. It was a Data General 32-bit MV8000.
Its first setback
Others had no idea. That was when Murthy stepped in. 'If you all want to leave, you can. But I am going to stick (with it) and make it,' Murthy told them. Nilekani, Gopalakrishnan, Shibulal, Dinesh and Raghavan decided to stay and since then it's been always like that.
Murthy was always broke
"For three years, I maintained a book of Murthy's debts to me. No, he never returned the money and I finally tore it up after our wedding. The amount was a little over Rs 4,000," she said in her book.
The share price of the firm surged to Rs 8,100 by 1999, making it the costliest share of the time. At that time, Infosys was among the 20 biggest companies by market capitalization on NASDAQ.
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