is president of the governing body of the New Delhi-based National Council of Applied Economic Research (NCAER), India’s largest and oldest non-profit economic research think tank. NCAER, established in 1956, does grant-funded independent economic policy research and sponsored research studies for governments and industry. Its work covers almost all branches of economics, from economic forecasting to poverty analysis. NCAER is among a handful of think tanks globally that collect primary survey data on a scientific, national basis covering households, enterprises, consumers, and individuals. NCAER’s economic and social data sets are used widely for research and analysis on India. Investments Nilekani is also a serial investor and he has invested in around 12 start-ups till date which includes: ShopX, Juggernaut, Mubble Networks, Fortigo, P2SME, RailYatri, Axiom Consulting, Systemantics India, Sedemac Mechatronics, Disha Medical Services, Tracxn, LetsVenture and TravelTriangle. Charity In 2017 Nandan and wife Rohini decided to donate 50 percent of their wealth to Giving Pledge, which is a movement organized by Bill Gates. The reason why they joined this movement was as following: "We see inequality is increasing sharply in most countries. We see the young and the restless in this interconnected globe, unsure of their future, wanting more but anticipating less." He also donated money to rebuild the hostel campus of IIT Bombay. In 2008 he also set up the Indian Institute for Human Settlements to help to solve urban challenges for India. Personal life Nilekani is married to Rohini Nilekani (née Soman), whom he met at a quizzing event at IIT. They have two children, Nihar and Janhavi, each of whom has received an undergraduate degree from Yale University. His first language is Konkani. In addition to Konkani, he speaks Kannada fluently along with English, Marathi, and Hindi. The Nilekani family has a 2.31 percent stake in Infosys as per the quarter ended March 2018. Honours and awards He was awarded an honorary Doctor of Law degree by the Rotman School of Management at the University of Toronto on 31 May 2011. He received NDTV Indian of the Year's Transformational Idea of the Year Award in 2011 He was named Corporate Citizen of the Year at the Asia Business Leaders Award (2004) organised by CNBC. Joseph Schumpeter Prize for innovative services in economy, economic sciences and politics – 2005. In 2009, Time magazine placed Nilekani in the Time 100 list of 'World's Most Influential People' Was presented the