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Infosys Ltd logo

Infosys Ltd

NSE: INFY BSE: 500209

₹1300.10

(0.85%)

Fri, 06 Mar 2026, 04:15 am

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Company History

1981

  • Incorporated as Infosys Consultants Private Limited in Mumbai on July 2.
  • Promoted by N.R. Narayana Murthy, Nandan M. Nilekani, S. Gopalakrishnan, K. Dinesh, S.D. Shibulal, N.S. Raghavan.

1992

  • Name changed to Infosys Technologies Private Limited; office moved to Bangalore.
  • Converted to public limited company as Infosys Technologies Ltd.
  • Establishes joint venture in USA with KSA.
  • Sets up offshore centre for General Electric USA.
  • Yantra Corporation becomes wholly owned subsidiary.

1993

  • Achieves ISO 9000 certification.
  • Issues 19,76,100 equity shares.
  • Reserves 68,600 shares for employees; issues balance to public.
  • Enters agreement with Analog Devices for GAMANA products.
  • Acquires 5 acres for software technology park.
  • Makes public issue of 13,76,000 equity shares at premium.

1994

  • Opens marketing offices in San Francisco, Cincinnati, New York, Dallas.
  • Proposes preferential issue of 750,000 warrants for ESOP.
  • Issues 1:1 bonus shares; allots 550,000 shares at premium.

1995

  • Inaugurates STP at Electronics City.
  • BANCS 2000 installed in Kenya.
  • Receives permissions for wholly owned subsidiaries in USA, Europe, Asia-Pacific.
  • Establishes Yantra Corporation in USA with US$500,000.

1996

  • Records six BANCS 2000 installations in Africa & Asia.
  • Adds SBU-5 for Internet consultancy.

1997

  • Institute of Chartered Accountants awards Silver Shield for 1995.
  • Voted India's best-managed company by Asia Money.
  • Wins awards for export performance.
  • Announces ADR issue up to US$ 75 million.
  • Selected by World Economic Forum as remarkable company.
  • Issues 1:1 bonus shares; allots shares on warrant conversion.

1998

  • Paid-up capital increases by Rs. 8,75,76,000 via ESOP and 1:1 bonus.
  • Receives Silver Shield for Best-Presented Accounts.
  • Voted best in Strategy and Management by Asia Money.
  • BANCS 2000 receives CSI-WIPRO award.
  • Receives Certificate of Merit for exports.
  • Receives special award for software innovation.
  • Rated best regional company by Bangalore Stock Exchange.
  • Signs up with Copeland for client services workstation.
  • Agrees with CyberShop for e-commerce system.
  • Wins Economic Times Award for Corporate Excellence.
  • Evaluates software centers in Philippines or China, Europe, US.
  • Infosys of the Year by Economic Times.

1999

  • Alpha Data ties up to market banking software in UAE.
  • Infosys lists on Nasdaq with 1,800,000 ADRs.
  • Emerges as precious Nasdaq company by market cap.
  • Strategic alliance with CyberSource for e-commerce services.
  • NR Narayana Murthy awarded Sir M Visvesvaraya Memorial Award.
  • NR Narayana Murthy receives Electronics Man of the Year Award.

2000

  • Confirms plan for export center in Mohali.
  • Develops methodology to port OS/2 to Windows NT.
  • Ties up with Toshiba for ERP solutions.
  • Jammu and Kashmir Bank ties up for internet banking.
  • Introduces Websetu for e-commerce.
  • Agrees with Quintessent Communications for telecom applications.
  • Proposes local support for Mauritius banking customers.
  • Ties up with Preis24.com for B2B e-commerce.
  • Launches BankAway for mobile banking.
  • Ties up with Franklin Templeton for information infrastructure.
  • Spins off Onscan Inc as independent entity.
  • Partners with National Bank of Abu Dhabi for e-commerce.
  • Launches Finacle banking solution.
  • Establishes strategic partnership with Delphis Bank, Mauritius.
  • Enters strategic alliance with Evolving Systems.
  • Sets up Global Development Centre in London.
  • Establishes partnership with First Atlantic Bank, Nigeria.
  • Proposes to increase software professionals to 2,400.
  • Re-emerges as India's second most valuable company.
  • Expands operations in Pune.
  • Sets up offshore development centre in UK.
  • Sets up shop in Hong Kong.
  • Signs MoU with Sharjah Airport International Free Zone.
  • Forms alliance with Microsoft.
  • Goldman Sachs rates Infosys as market outperformer.
  • Issues 667 equity shares on stock options exercise.
  • Partners with YadaYada for mobile web portal.
  • Delphi Automotive ties up with Infosys for embedded software.
  • Nortel Networks sets up Wireless Centre of Excellence.
  • Strategic partnership with Standard Trust Bank, Nigeria.
  • Allots 460 equity shares to Bankers Trust.
  • Oceanic Bank uses Finacle.
  • Allots 500 equity shares under 1999 option plan.

2001

  • Signs MoU with Andhra Pradesh Government for Hyderabad campus.
  • Sets up biggest software development centre in Bangalore.
  • Awarded silver shield for best presented accounts for sixth year.
  • Allots 100 equity shares to Bankers Trust.
  • Sets up second software centre at Pune Hinjewadi.
  • Board allocates 67,050 equity shares to employees.
  • Inaugurates Toronto Global Development Center.
  • Board allocates 41,050 stock options.
  • Dr G K Jayaram appointed director of Infosys Leadership Institute.
  • Emerging Markets Growth Fund holds 5.15% shares.
  • Sets up four fellowship schemes with ICAI-ARF.
  • Infosys and TCS lead software exports.
  • Announces strategic relationship with BNSF Railway.
  • 1994 ESOP matures.
  • Intel inaugurates R&D lab with Infosys in Bangalore.

2002

  • Receives Motilal Oswal Award for Wealth Creation.
  • Nandan Nilekani becomes CEO; Narayanamurthy Chairman & Chief Mentor.
  • Strategic partnership with First Bank of Nigeria.
  • Partners with Citadon to develop Citadon CW.
  • Enters self-governing software-testing services.
  • Tops IT exporters with Rs 1900 crore exports.
  • Airbus hires Infosys for wing design.
  • Acquires 12% stake in Onmobile.
  • Adjudged best Indian employer by Hewitt Associates and Business Today.
  • Signs JV with Punjab National Bank for Centralized Banking Solution.
  • Ties up with Northwestern Mutual for online funds transfer.
  • Ties up with Nordstrom for Oracle Financial system.
  • Ties up with Citigroup to form Progeon for BPM.
  • Eastman Chemical expands work with Infosys.
  • Brand value increases 35% to Rs 7,257 crore.
  • Tops Finance Asia survey as best managed company.
  • National Commercial Bank, Jamaica, enters technology partnership.
  • Progeon bags $30m order from GreenPoint Mortgage.
  • Wins Corporate University Xchange Excellence Award.
  • Nasdaq selects Infosys as best value reporter.
  • Abandons China offshore centre plan.
  • ADA signs contract for Autolay Software transfer.
  • Acquires Trade IQ Product Division of IQ Financial Systems.
  • Partners with Concours Group.
  • Achieves CMMI Level 5 for offshore and onsite operations.
  • RBI permits 100% FII purchase.
  • Ties up with Avaya for CRM solutions.
  • Ties up with IBM for knowledge sharing.
  • Phaneesh Murthy resigns.
  • Develops process engine for BPML technology.
  • Assessed at PCMM Level 5.
  • Settles sexual harassment suit out of court.
  • Consolidates banking products under one brand.
  • Starts life sciences practice.
  • Announces Global Development Centre in Melbourne.
  • NR Narayana Murthy receives Ernst & Young Entrepreneur award.
  • Wins MAKE award in Asia.
  • Implements Balanced Score Card.
  • Alliance with Kakawa Discount House, Nigeria.
  • Builds intra-day comparison system for American Stock Exchange.
  • Bank of Bahrain and Kuwait selects Finacle.
  • Akshaya Bhargava appointed CEO & MD of Progeon.
  • Infosys and Sun introduce retail banking reference architecture.
  • Progeon issues 4,375,000 shares to Citicorp.
  • Signs MoU with Chandigarh for land acquisition.
  • Infosys and BNSF selected for best practices in offshore outsourcing.
  • Emerges as India’s most valuable company by market cap.
  • Enters Thailand through local partnerships.

2003

  • Infosys floats development center in Hyderabad.
  • Narayana Murthy and Nandan Nilekani named Asia's Businessmen of the year by Fortune.
  • Infosys wins Pune regional ING Vysya Brand Equity Quiz.
  • Infosys hosts Banking CXO summit in Bangkok.
  • ICRA gives CGR1 rating for corporate governance.
  • Infosys felicitated by SUN Microsystems.
  • Infosys wins order from Sprint.
  • Infosys launches ethics code.
  • Infosys certified for TL 9000.
  • Infosys brand valued at Rs 7,488 crore.
  • Infosys bags $60 million order from SBC Communications.
  • NR Narayana Murthy bags Ernst & Young World Entrepreneur award.
  • Infosys wins ESC award.
  • Deepak Satwalekar appointed Lead Independent Director.
  • BusinessWeek ranks Infosys 74th among top infotech companies.
  • National Commercial Bank, Saudi Arabia, selects Finacle.
  • Infosys offers ADR at $49 each.
  • Infosys acquires 100 acres in Pune Infotech Park.
  • Finacle deployed at Jammu & Kashmir Bank.
  • Post Bank Uganda goes live with Finacle.
  • Infosys expands in Chennai with 129 acres.
  • Infosys gets $50 million order from Telstra.
  • Finacle recognized as most scalable core-banking solution.
  • Infosys and Oracle partner for pre-integrated bank solutions.
  • Infosys allotted highest CRISIL GVC Level 1 rating.
  • Banque Saudi Fransi chooses Finacle eCorporate.
  • Infosys and Sun Microsystems reveal core banking performance results.
  • NMB Bank Ltd selects Finacle.
  • Infosys acquires Expert Information Services Pty Ltd for A$31 million.
  • Board allots 22,439 equity shares under 1999 Stock Option Plan.

2004

  • Infosys revises upward guidance for 2003-04 revenues and earnings.
  • Infosys incorporates wholly-owned subsidiary in Shanghai, China.
  • Karnataka Bank deploys Finacle.
  • Nandan Nilekani ranks 35th in world business leaders.
  • Infosys gets ICAI award for 2003.
  • Infosys, Microsoft, and Intel partner for eBanking solutions in Philippines.
  • Infosys inks pact with British Telecom.
  • Mauritius Post and Cooperative Bank signs up for Finacle.
  • Export-Import Bank of Thailand signs up for Finacle.
  • FMR Corp. acquires additional Infosys shares.
  • Infosys completes five years on Nasdaq.
  • Infosys suspends ESOP scheme.
  • Infosys joins billion dollar club.
  • Infosys becomes first Indian listed IT firm to net Rs 1000 crore.
  • NR Narayana Murthy wins IMC Diamond Jubilee Award.
  • Arab National Bank partners with Infosys.
  • NR Narayana Murthy joins NDTV Board.
  • Infosys launches Item Data Integrity solution.
  • Infosys receives ISO 14001 certification.
  • Finacle wins Banker Technology Awards 2004.
  • Oriental Bank of Commerce selects Infosys for IT upgradation.
  • Infosys issues 3:1 bonus shares.
  • ASTD rates Infosys best in employee training.
  • NR Narayana Murthy listed among Time's Global Tech Influentials.
  • Infosys tops Asian corporate governance score list.
  • Infosys ties up with Australian company for R&D.
  • OATSystems ties up with Infosys for RFID.

2005

  • Aspis Bank signs up for Finacle universal banking solution.
  • Shop Floor Control System wins InfoWorld 100 award.
  • Infosys furnishes XBRL data to US SEC.
  • Infosys and B-Source announce partnership for Business Service Provisioning.
  • Infosys and Microsoft unveil Catalytic IT concept centre.

2006

  • Infosys and Microsoft share vision for enterprise information management.
  • Infosys implements PeopleSoft at Nissan North America.
  • Infosys issues 1:1 bonus shares.

2007

  • Infosys opens development center in Mexico.
  • Infosys receives highest score in strategy in applications outsourcing report.

2008

  • Infosys and Nihon Unisys sign MoU for strategic business deployment.
  • DSB Bank partners with Finacle for core banking transformation.
  • Infosys crosses US$ 4.18 billion revenues.
  • Annual net profits cross US$ 1 billion.

2009

  • Infosys bags five-year outsourcing agreement from BP.
  • Infosys implements IT-enabled transformation for Thermax.
  • Infosys opens development centers in Brazil and Monterrey, Mexico.
  • Infosys selected as member of The Global Dow.
  • Employee strength grows to over 100,000.

2010

  • Infosys crosses US$ 5 billion revenue mark.
  • Hay Group names Infosys among world's 20 best companies for leadership.
  • Infosys launches first rural BPO unit in Andhra Pradesh.
  • Infosys launches Finacle Treasury-In-A-Box.
  • Infosys gets CISF protection.
  • Infosys inks agreement with Microsoft for internal IT services.
  • Infosys BPO launches enhanced sales support offering.
  • Infosys issues equity shares to employees.
  • Infosys awards turnkey AMR contract to Easun Reyrolle.

2011

  • Finacle wins Leaders in Innovation Award.
  • Infosys expands operations in Thiruvananthapuram with Rs. 180 crore investment.
  • Infosys completes three transformational deals.
  • KV Kamath appointed chairman; Shibulal new CEO.
  • Infosys Australia and New Zealand acquires News Zealand & Gen-i partnership.
  • Company name changed to Infosys Ltd.
  • Infosys BPO signs agreement to acquire Portland Group Pty Ltd.
  • N. R. Narayana Murthy hands over chairmanship to KV Kamath.
  • Infosys crosses US$ 6 billion revenue mark; employee strength over 130,000.

2012

  • Listed on NYSE.
  • Infosys acquires Lodestone Holding AG.
  • Forbes ranks Infosys among world's most innovative companies.
  • Infosys among top 25 performers in Caring for Climate Initiative.
  • Infosys crosses US$ 7 billion revenue mark.
  • Bharti Airtel selects Infosys for airtel money.
  • Infosys partners with GlaxoSmithKline for digital marketing platform.
  • Infosys signs strategic partnership with Ratnakar Bank for Finacle.
  • Infosys wins IT Partner of the Year from Analog Devices.
  • Infosys awarded Pegasystems Partner Excellence Award.
  • Infosys signs MoU with State of Israel for industrial R&D.
  • Finacle wins Core Banking Technology Provider of the Year.
  • Infosys commits to end child diarrheal deaths in India.
  • Infosys signs multi-year agreement with Ministry of Corporate Affairs.
  • Infosys launches India In a Box for Japanese companies.
  • Oracle names Infosys Leader in IDC MarketScape.
  • Infosys BPO wins 2012 Optimas Award for Managing Change.
  • Infosys partners with Anglian Water.

2013

  • N. R. Narayana Murthy appointed Executive Chairman.
  • Infosys begins trading on NYSE Euronext London and Paris.
  • Infosys Edge wins NASSCOM Business Innovation Award.
  • Infosys presented with 2013 Environmental Tracking Carbon Ranking Leader award.

2014

  • Dr. Vishal Sikka appointed CEO and MD.
  • Revenue crosses 50,000 crore in rupee terms.
  • Board decides to increase dividend payout ratio to up to 40%.
  • Cash and cash equivalents cross 5 billion USD.
  • Infosys announces 1:1 bonus issue.

2015

  • Infosys Public Services implements financial management solution for L.A. Care Health Plan.
  • Infosys and Cornell University collaborate on hospitality research.
  • Infosys Finacle positioned as leader in IDC MarketScape for core banking solutions.
  • ICA Gruppen partners with Infosys to revitalize IT operations.
  • ABN AMRO selects Infosys for business transformation.
  • Infosys signs 5-year agreement with TNT.
  • Infosys BPO opens center in Puerto Rico.
  • Infosys receives Daimler Supplier Award.
  • Infosys Innovation Fund invests in Airviz.
  • Infosys signs multi-year IT infrastructure deal with House of Fraser.
  • Infosys launches Finacle Assure preventive maintenance offering.
  • Infosys allots 114,84,72,332 equity shares as 1:1 bonus.

2016

  • Infosys wins award for design thinking services execution.
  • Infosys invests in Waterline Data Science.
  • Infosys wins 5-year contract from Commerzbank.
  • Paytm selects Infosys Finacle for payments bank business.
  • Infosys seeks government nod for IT SEZ in West Bengal.
  • Infosys bags 7 Oracle Excellence Awards.
  • Infosys launches Skava Commerce for mobile-first e-commerce.
  • Infosys Science Foundation announces winners of Infosys Prize.
  • Infosys Foundation USA celebrates Computer Science Education Week.
  • Infosys invests in ideaForge from innovation fund.

2017

  • Infosys partners with HPE for mainframe modernization.
  • Infosys wins three Catalyst Awards at TM Forum Live.
  • Commercial Bank completes pilot on cloud-based blockchain network with Infosys Finacle.
  • Infosys joins Salesforce Partner Ecosystem for Analytics Cloud Applications.
  • Infosys opens delivery center in Croatia.
  • KONE selects Infosys for IT transformation.
  • Infosys Finacle launches blockchain-based trade finance solution.
  • Globe Telecom’s Cognitive Digital Agent wins TM Forum Catalyst Award.
  • ATP and Infosys launch Playerzone for digital experience.
  • Infosys completes acquisition of Brilliant Basics.
  • Infosys launches Boundaryless Data Lake on AWS.
  • Gartner positions Infosys as Leader in SAP Application Services Magic Quadrant.
  • Infosys Finacle named Leader in Digital Banking Engagement Platforms.
  • Infosys announces strategic alliance with HP Inc. for digital transformation.

2018

  • Infosys signs advance pricing agreement with US Internal Revenue Service.
  • Infosys launches Infosys Business Assurance Store.
  • Infosys and PTC launch centre for industrial IoT.
  • Infosys inaugurates Innovation Hub in Indianapolis.
  • Infosys partners with Siemens to develop solutions on MindSphere.
  • Infosys partners with NYAS to organize innovation challenge.

2019

  • Infosys completes formation of JV in Japan with Hitachi, Panasonic, and Pasona.
  • Infosys promotes turbomachinery capabilities in Baden, Switzerland.
  • EdgeVerve launches AssistEdge Engage for contact center experience.
  • Infosys launches Live Enterprise Suite.
  • Infosys wins UN Global Climate Action Award for Carbon Neutral Now category.

2020

  • Infosys Foundation partners with Narayana Health City to open 100-bed quarantine facility.
  • Infosys partners with Avaloq to strengthen wealth management capabilities.
  • Infosys launches Infosys Modernization Suite.

2022

  • Infosys collaborates with The Economist Educational Foundation.
  • Infosys wins Finacle Partner Excellence Awards.
  • Infosys completes acquisition of BASE life science, a life sciences consulting and technology leader.
  • Infosys wins 2021 Google Cloud Specialization Partner of the Year Award for Cloud Migration.
  • Infosys launches Infosys Metaverse Foundry.

2023

  • Infosys rated Leader in Multicloud Managed Services Providers and Cloud Migration by independent research firm.
  • Infosys Foundation collaborates with GoSports Foundation to launch Girls for Gold program for women athletes.
  • Infosys collaborates with LexisNexis for information services across content, enterprise, and products applications.
  • Infosys recognized as top service provider across Nordics in Whitelane Research and PA Consulting IT Sourcing Study.
  • United Nations Development Programme collaborates with Infosys Public Services to implement Oracle Fusion Cloud Applications Suite.
  • Infosys Compaz collaborates with Singapore's StarHub for IT transformation.

2024

  • Infosys Foundation enables record-setting volunteering initiative with over 200,000 seedballs for reforestation projects across India.
  • Infosys collaborates with Commerzbank and Murex for capital markets solutions.
  • Infosys completes acquisition of InSemi, a semiconductor design services provider.
  • Infosys completes technology landscape separation program for Australian express logistics business.

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Pocketful Fintech Capital Private Limited (CIN U65999DL2021PTC390548) | The SEBI Registration No. allotted to us is INZ000313732. NSE Member Code: 90326 | BSE Member Code: 6808 | MCX Member Code: 57120 DP | CDSL: 12099800