At the India Today Conclave 2024, Rajya Sabha MP Sudha Murty shared a remarkable anecdote about her pivotal role in the founding of Infosys, a leading global IT company. Sudha Murty recounted a significant moment in 1981 when she took a bold step that would change the course of their lives forever. She revealed how she provided financial support to her husband, NR Narayana Murthy, to kickstart the venture that would later become Infosys.
During her speech, Sudha Murty reminisced about an argument she had with Narayana Murthy back in 1981. At that time, Narayana Murthy expressed his desire to establish a software company, despite the couple having stable and well-paying jobs. Sudha Murty, initially hesitant about taking such a risk, voiced her concerns to her husband. However, Narayana Murthy remained determined to pursue his entrepreneurial dreams.
Despite her reservations, Sudha Murty took a leap of faith and decided to support her husband’s vision. She revealed that she had ₹10,250 in her savings at that time. Out of this amount, she set aside ₹250 for herself and gave the remaining ₹10,000 to Narayana Murthy. This decision was not without apprehension, especially considering Narayana Murthy’s previous venture, Softronics, had ended in failure. However, Sudha Murty chose to take a risk, believing in her husband’s capabilities and vision for the future.
Sudha Murty’s decision to invest in Narayana Murthy’s venture proved to be transformative. As Infosys began to grow and thrive, it brought significant changes to their lives. Sudha Murty reflected on how her life drastically changed with the success of Infosys, describing it as a newfound responsibility and commitment.
Her story serves as a testament to the power of belief, risk-taking, and unwavering support in the journey of entrepreneurship. Sudha Murty’s willingness to take a chance on her husband’s dreams not only laid the foundation for Infosys but also symbolizes the strength of their partnership and mutual trust.
Meanwhile, NR Narayana Murthy, the co-founder of Infosys, expressed his pride and admiration for his wife’s contributions during her oath-taking ceremony as a Rajya Sabha MP. He fondly recalled how Sudha Murty had always been his superior and referred to her as the “better half.” Narayana Murthy’s words highlight the deep respect and admiration he holds for Sudha Murty and her accomplishments.
Reflecting on Infosys’ journey, Narayana Murthy shared his proudest moment, which was when the company became the first Indian company to be listed on Nasdaq, the American stock exchange. He described the experience of sitting in front of the scorching lights on a high stool at Nasdaq as a significant milestone for the company and the Indian IT industry as a whole.
Narayana Murthy also spoke about Infosys’ unique culture, emphasizing the importance of operating as an enlightened democracy. He acknowledged that while there may have been daring decisions they could have taken to accelerate growth, the company’s commitment to democratic principles ultimately shaped its trajectory.
Overall, Sudha Murty’s story of giving ₹10,000 to Narayana Murthy to start Infosys and Narayana Murthy’s reflections on the company’s journey offer valuable insights into the entrepreneurial spirit, partnership, and values that have guided Infosys to success. Their story serves as an inspiration for aspiring entrepreneurs and underscores the significance of belief, resilience, and collaboration in achieving one’s dreams.