TWO INFOSYS CO-FOUNDERS FLOAT NEW VENTURE

TWO INFOSYS CO-FOUNDERS FLOAT NEW VENTURE

Infosys' co-founders S. Gopalakrishnan and S.D. Shibulal have come together again to set up Axilor Ventures, a business incubator to help entrepreneurs and early-stage firms succeed in diverse verticals.
"Axilor aims at energising the start-up ecosystem in the country by incubating ventures operating in the e-commerce, healthcare, life sciences, sustainability and clean technology space," Gopalakrishnan and Shibulal said in a joint statement on Tuesday.
After an illustrious career at the global software major spanning over three decades, Gopalakrishnan retired as Infosys executive vice-chairman Oct 8, while Shibulal resigned July 31 as the company's chief executive seven months before superannuation.
"Axilor will focus on scalable, disruptive and technology-led business ideas from budding entrepreneurs and experienced professionals with entrepreneurial aspirations," the statement said.
 In its initial launch stage, Axilor will run three programmes