Hosts delegation at its high-tech, 80-acre campus in Bangalore
London and Bangalore, February 12, 2013
Infosys, a global leader in consulting and technology, announced its support of 16 of the United Kingdom’s emerging digital, wireless, and mobile software technology companies during the inaugural Web Mission 2013 to India.
Britain’s most promising technology companies are on an entrepreneur-led trade mission to Bangalore and New Delhi this week with the aim of developing new relationships and opening up their business to the Indian market.
Infosys hosted the first major session in Bangalore and will provide each company with a U.K.-based mentor to support them and drive business opportunities in the sub-continent.
During the session at the Infosys campus in Bangalore, one of the company’s seven founders, the Executive Co-Chairman S. Gopalakrishnan, spoke to the group about the early stages of Infosys as well as his role as President Designate of the Confederation of Indian Industry. Web Mission 2013 delegates also received an overview of the Indian business and technology scene.
“Not that long ago, Infosys walked in the same shoes as these entrepreneurs,” Gopalakrishnan said. “We built our business to become a global company in three decades, so I hope to bring some lessons about entrepreneurship in India to these companies. We are supporting them both in India and, after they return to the U.K., helping and advising them on how to capitalize on the opportunities for emerging technology companies in the Indian market.”
Bruce Hellman, the chief executive officer of uMotif, one of the Web Mission companies, said: “I am really looking forward to benefiting from a U.K. mentor from Infosys. Once a small business itself, Infosys knows exactly the challenges we have in building our company, and I know that working with a global leader will help uMotif open doors and identify opportunities that might take much longer otherwise. I am particularly looking forward to exploring how Infosys can help us take our patient-focused adherence and self-care software to the Indian market.”
The Mission is supported by the Technology Strategy Board and U.K. Trade & Investment (UKTI), alongside other private sponsors, and organized by The Long Run Venture and the Co-Sponsorship Agency. The eighth in a series of Missions organized by the public, private partnership, each is designed to help successful early stage businesses accelerate their growth potential overseas.
You can follow the progress of these companies during their visit at http://webmission.com/ and on twitter at: https://twitter.com/TheWebMission
Infosys partners with global enterprises to drive their innovation-led growth. That's why Forbes ranked Infosys 19 among the top 100 most innovative companies. As a leading provider of next-generation consulting, technology, and outsourcing solutions, Infosys helps clients in more than 30 countries realize their goals. Visit www.infosys.com and see how Infosys (NYSE: INFY), with its 150,000+ people, is Building Tomorrow's Enterprise® today.
Certain statements in this release concerning our future growth prospects are forward-looking statements, which involve a number of risks and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding fluctuations in earnings, fluctuations in foreign exchange rates, our ability to manage growth, intense competition in IT services including those factors which may affect our cost advantage, wage increases in India, our ability to attract and retain highly skilled professionals, time and cost overruns on fixed-price, fixed-time frame contracts, client concentration, restrictions on immigration, industry segment concentration, our ability to manage our international operations, reduced demand for technology in our key focus areas, disruptions in telecommunication networks or system failures, our ability to successfully complete and integrate potential acquisitions, liability for damages on our service contracts, the success of the companies in which Infosys has made strategic investments, withdrawal or expiration of governmental fiscal incentives, political instability and regional conflicts, legal restrictions on raising capital or acquiring companies outside India, and unauthorized use of our intellectual property and general economic conditions affecting our industry. Additional risks that could affect our future operating results are more fully described in our United States Securities and Exchange Commission filings including our Annual Report on Form 20-F for the fiscal year ended March 31, 2012 and on Form 6-K for the quarters ended June 30, 2012, September 30, 2012 and December 31, 2012.These filings are available at www.sec.gov. Infosys may, from time to time, make additional written and oral forward-looking statements, including statements contained in the company's filings with the Securities and Exchange Commission and our reports to shareholders. The company does not undertake to update any forward-looking statements that may be made from time to time by or on behalf of the company unless required by law.
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