The Most Innovative Companies In India 2014

Bangalore: India is a unique country with its very own set of problems and in need for a very unique set of solutions to these problems faced by the masses. The need of the hour is innovative and sustainable business models and social enterprise models. Fortunately, India never lacked out of the box thinkers with good intention, high energy level and higher risk acumen. These people have come up with innovative models where they have engaged with the poor, the underprivileged as the client and partner and brought about a dramatic change in their lives. It’s time to meet the most creative 10 among them, as reported by Fast Company Staff.

Unique Identification Authority Of India

Key People: Nandan Nilekani

When Nandan Nilekani resigned from Infosys in July 2012 where he was serving as the co-chairman of the board of the directors to spearhead a government initiative, the UIDA caught everyone’s attention. This is the world’s biggest biometric data capture exercise with an aim to deliver unique identification number to 60 crore people by the end of 2014. The database stores the fingerprint and iris scans of the user to authenticate the identity. The unique 12 digit number can be linked to bank account of the user. A total 450 million people have got their unique identification number so far.

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