N R Narayana Murthy is the only name that comes to mind when talking about the IT revolution in India. Being at the helm of Infosys, he has seen the highs and lows in business and has proved his worth time and again. Narayana Murthy has received many awards and accolades. He continues to inspire and mentor entrepreneurs and students not just in India, but all over the world. YourStory caught up with the icon at TiEcon Hubli and asked him what he thinks about the current crop of entrepreneurs and government intervention in the startup space among various other questions.
Recalling the first time he was in Hubli, years ago, he said things have changed for the better and are looking bright for entrepreneurs in the region. Startups in the region have a clear advantage when it comes to competition and opportunities. Stressing on the importance of events and networking, he also spoke about how entrepreneurs in Tier II and III cities can take a cue from their urban counterparts when it comes to being open to newer ideas and global exposure.
Narayana Murthy was also a guest of honour at the recently convened Invest Karnataka in Bengaluru, an event hosted by the Karnataka Government to attract investment from all over the world. He said that both the central and state government's initiatives are a welcome step for startups and entrepreneurs. When asked how much of government intervention is good for the ecosystem he said, successful partnerships between the government and startups can take place only if the former makes sure that a conducive environment is in place to do business.
Speaking of his willingness to invest in startups, Narayana Murthy said that he is open to investing in both early-stage startups as well as those which have made a mark.
Watch the video for the full interview.