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Social innovations need to be tech-led, require patient funding: Infosys Foundation trustee Dhareshwar - The Economic Times

Economic Times

Economic Times · 8d ago

Social innovations need to be tech-led, require patient funding: Infosys Foundation trustee Dhareshwar - The Economic Times

Infosys Foundation trustee Sunil Kumar Dhareshwar emphasizes that social innovations require sustained and consistent funding to effectively address societal challenges. Tech-led solutions play a crucial role, but innovators often face funding inadequacies. Projects, particularly in education, healthcare, and environmental sustainability, need long-term commitments to scale and reach the underserved. Dhareshwar advocates for funding models ensuring organizational sustainability over profitability, highlighting India's linguistic diversity and urgent environmental concerns. The Aarohan Social Innovation Awards showcase scalable, impactful innovations.

Related News

Infosys Foundation unveils Aarohan Awards 2025; offers up to Rs 2 crore for tech-driven social impact innovations

Economic Times

Economic Times · 7m ago

Infosys Foundation unveils Aarohan Awards 2025; offers up to Rs 2 crore for tech-driven social impact innovations

Infosys Foundation has launched the Aarohan Social Innovation Awards 2025 to encourage tech-driven social innovations in India. With a prize pool of ₹2 crore, the awards aim to recognize impactful solutions in education, healthcare, and environmental sustainability. Social entrepreneurs across India can submit fully functioning prototypes by June 15, 2025. These innovations should effectively address real-world challenges and benefit underprivileged communities, while being scalable and sustainable.

Inside the cannabis wellness rush in India: Booming sales worry experts - The Economic Times

Economic Times

Economic Times · 2m ago

Inside the cannabis wellness rush in India: Booming sales worry experts - The Economic Times

India's wellness market is experiencing growth in cannabis-based products, projected to reach $4.7 billion by FY2032. Clearer regulations have aided this expansion, although experts voice concerns about marketing claims and consumer safety. Legal under Ayurveda, these products still require strict oversight to ensure informed consumer choices. The increasing demand for cannabis-based supplements highlights the need for balanced regulation to prevent exaggerated claims and ensure patient safety in this rapidly growing industry.

Boards must quiz industries on their R&D spends, says `Kris' Gopalakrishnan - The Economic Times

Economic Times

Economic Times · 13d ago

Boards must quiz industries on their R&D spends, says `Kris' Gopalakrishnan - The Economic Times

Infosys cofounder Kris Gopalakrishnan emphasizes the importance of large industries investing at least half of their R&D budget in external avenues like startups and research institutions. Speaking at the Bengaluru Tech Summit, he highlighted the need for sustained innovation in both startups and large firms. Gopalakrishnan, along with panelists like Biocon’s Kiran Mazumdar-Shaw, discussed innovation challenges, urging a shift from services-led to product-led growth, leveraging Karnataka's tech talent for transformative product creation.

A perfect storm of colliding trends is raging: Nandan Nilekani - The Economic Times

Economic Times

Economic Times · 5m ago

A perfect storm of colliding trends is raging: Nandan Nilekani - The Economic Times

Infosys chairman Nandan Nilekani highlighted global challenges such as tariff wars and energy transitions during the AGM. He emphasized the fragmentation of global markets and the need for supply chain diversification and AI adoption. Infosys is actively training employees in AI and developing numerous generative AI projects. Nilekani stressed the importance of addressing regulatory barriers and innovation in energy sectors. Furthermore, he reassured shareholders of Infosys’ stability and relevance amid these challenges.

Family office to Infosys cofounder Narayana Murthy warns on startup valuations - The Economic Times

Economic Times

Economic Times · 3m ago

Family office to Infosys cofounder Narayana Murthy warns on startup valuations - The Economic Times

The family office of Infosys co-founder Narayana Murthy, Catamaran Ventures, is cautious about investing in Indian startups due to inflated valuations and lack of growth clarity. Many startups face steep valuation discounts as investors seek to exit their investments. Catamaran has shifted focus to manufacturing, aiming to invest in specific supply chains like aerospace and electric vehicles, aligning with India's manufacturing push. The firm emphasizes deploying patient capital in scalable small and medium enterprises.

Indian deeptech firms don’t need subsidies, they need real market, say founders - The Economic Times

Economic Times

Economic Times · 13d ago

Indian deeptech firms don’t need subsidies, they need real market, say founders - The Economic Times

Indian deeptech startups, according to founders at the Bengaluru Tech Summit, require market demand over subsidies. While early funding and engineering talent are abundant in India, faster customer adoption and robust research infrastructure are lacking. The startups emphasized the need for stronger procurement policies and convincing customers to transition to new technologies. Addressing issues like reliance on foreign satellite data and tapping international markets requires trust and solving critical problems to gain a global foothold.

Sudha Murty nominated to Rajya Sabha by President Droupadi Murmu

Economic Times

Economic Times · 1y ago

Sudha Murty nominated to Rajya Sabha by President Droupadi Murmu

Sudha Murty, author and former chairperson of Infosys Foundation, has been nominated by the President of India to the Rajya Sabha. Prime Minister Narendra Modi expressed his delight and praised her contributions to social work, philanthropy, and education. Murty, wife of Infosys founder NR Narayana Murthy, was awarded the Bharat Ratna, India's highest civilian award, in 2023. She has authored over 150 books and played a significant role in initiatives to empower marginalized communities. She is also a member of the public healthcare initiatives of the Gates Foundation and established the Murty Classical Library of India at Harvard University.

Infosys opens advanced AI, cybersecurity and spacetech centre in Hubballi in big boost to North Karnataka - The Economic Times

Economic Times

Economic Times · 3m ago

Infosys opens advanced AI, cybersecurity and spacetech centre in Hubballi in big boost to North Karnataka - The Economic Times

Infosys has launched the Infosys Centre for Advanced AI, Cybersecurity, and Space Technology at its development centre in Hubballi, Karnataka, as part of its 'Infosys Living Labs' initiative. This establishes Hubballi as a significant tech hub for advanced digital solutions. The centre will serve global clients across industries like manufacturing and healthcare and aims to foster local talent through partnerships with local institutions. It also supports regional growth by offering local students employment opportunities.

Infosys picks up five business ideas from employees to incubate & offer to customers - The Economic Times

Economic Times

Economic Times · 2m ago

Infosys picks up five business ideas from employees to incubate & offer to customers - The Economic Times

Infosys has selected five business ideas from its employees to develop into client-ready solutions through an in-house entrepreneurship program. These ideas, focused on mobility, SaaS, and AI-led services, will receive funding, mentorship, and tech support. The selected ventures are part of a cohort aimed at fostering innovation and tackling emerging market opportunities. Infosys plans to further encourage entrepreneurial thinking within the company, preparing for subsequent program cohorts.

Great social media exodus - The Economic Times

Economic Times

Economic Times · 1m ago

Great social media exodus - The Economic Times

Recent data indicates a shift in social media usage patterns, showing a plateau in daily usage and collapsing growth rates by 2025, suggesting market saturation. While user behavior has transitioned towards video-first consumption, concerns about mental health impacts, particularly among teenagers, are rising. This marks the end of an era of explosive growth for social media platforms, highlighting the need for adaptation as these platforms reach maturation.

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