The architect of India’s Aadhar Card holds the 61st spot in Forbes India’s Richest List 2021

The architect of India’s Aadhar Card holds the 61st spot in Forbes India’s Richest List 2021

by 5paisa Research Team Last Updated: Dec 11, 2022 - 10:52 am 40k Views
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One of India’s Richest people is not an accidental billionaire, a tech enthusiast he is now helping young entrepreneurs with his tech venture capital Fundamentum.

The tech magnate who is now the non-executive chairman of Infosys has a 0.96% shareholding in Infosys (4,07,83,162 shares) and has a net worth of US$ 3.6 billion ( Rs 26882 crore).

The man behind the mammoth Aadhar drive was most recently the Chairman of the Unique Identification Authority of India (UIDAI) in the rank of a Cabinet Minister.

Nandan Nilekani is the co-founder and Chairman of EkStep, a not-for-profit effort to create a learner-centric, technology-based platform to improve basic literacy and numeracy for millions of children.

He has numerous laurels in his name. Fortune Magazine conferred him with “Asia’s Businessman of the Year 2003”.

In 2005, he received the prestigious Joseph Schumpeter prize for innovative services in the economy, economic sciences and politics.

In 2006, he was awarded the Padma Bhushan.

He also received the 22nd Nikkei Asia Prize for Economic and Business Innovation, 2017.

As an investor now, Nandan continues to wear this think-big cap. He thoroughly enjoys looking at how Indian entrepreneurs identify original Indian problems and then solve these with an application of technology. He co-founded the Fundamentum, a US$ 100 million venture capital fund aimed at technology companies.

Nandan has made personal investments in a clutch of differentiated startups that include ShopX, RailYatri (co-investment with Helion), angel investment platform LetsVenture, Sedemac (an innovative leader in automotive electronics) and Power2SME (a B2B marketplace).

The man who drove the tech revolution in India is now on a mission to improve the digital hygiene of the people. Nilekani in his latest book The Art of Bitfulness – Keeping Calm in the Digital World. “The book is not anti-tech but pro-you “ reads the back cover of the book.

The tech magnate himself follows his tech discipline to the T. He uses Twitter as a broadcasting medium, a zero inbox strategy and is reachable through voice or SMS only. Taking a clue from him, the benefits of judicious and conscious use of technology can go a long way in enabling a proper work-life balance.

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