Lead Story

NextWealth: Finding IT Skills And Jobs Outside Urban Limits

Former Wipro employees Sridhar Mitta, Mythily Ramesh and Anand Talwai wanted to prioritise employees over profit and focus on providing meaningful employment to educated youth. It took them to Tier II and Tier III cities

(L-R) Sridhar Mitta, Mythily Ramesh, Anand Talwai

Even before the concept of environmental, social and governance, or ESG, metrics to measure corporate behaviour came in vogue, NextWealth—a data services company based out of Bengaluru—had decided that it wanted to create social impact in India through its business process initiatives. Founded by Wipro veterans Sridhar Mitta, Anand Talwai and Mythily Ramesh in 2010, the company focuses on creating meaningful employment for graduates, especially women, in small towns. The founders describe NextWealth, a private limited company, as a social welfare project where profit, they say, comes last and purpose first.