Bangalore: IT major Infosys Ltd co-founder and non-executive vice-chairman S. Gopalakrishnan on Monday said he is looking at angel investing in technology start-ups in his personal capacity after retiring from the board in October.

“I’m looking at that....obviously what I know well is technology, within technology this whole area of digital marketing, e-retailing seems to be very hot. So that’s an area where I would look at, and may be some other...," he told reporters in response to a question on whether he is looking at angel investing post retirement.

Speaking on the sidelines of a press conference to announce the CII-10th India Innovation Summit here, he said: “Yes there is an opportunity to look at products, but the boundary between products and services will get blurred in the future."

“Many of the products probably will be delivered as services, so I wouldn’t distinguish between products and services. But definitely innovations in the area of IT is what I would focus on," he added.

Kris (as popularly known) along with N.R. Narayana Murthy and five others founded Infosys in 1981. Both Murthy and Gopalakrishnan voluntarily stepped down as executive chairman and executive vice-chairman, respectively, on 14 June, 2014 but the company had said in order to facilitate a smooth transition of responsibilities, they will continue on the board till 10 October, 2014 as the non-executive chairman and non-executive vice-chairman, respectively.

CII’s 10th India Innovation Summit-2014 will be held on 8 and 9 August in the city with a theme ‘Innovation for Inclusive Growth’. Gopalakrishnan, who is the immediate past president of CII (Confederation of Indian Industry), is the chairman of the summit.

To a question whether a team will be set up or any one from family office will look into such engagements, he said, “that’s something I’m debating, I’m still a non-executive member of the board at Infosys. So that’s some thing I have not looked at." PTI

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