Investcorp, a global investment firm, has appointed Vivek Agarwal as the Senior Operating Partner for its India operations. This move highlights Investcorp’s focus on expanding its presence in India’s growing technology sector, particularly in software and software services. Agarwal will play a key role in driving strategic growth and innovation for the firm’s technology investments in the country.
With this appointment, Investcorp aims to deepen its involvement in India’s mid-market technology industry. The firm has been steadily increasing its investment in software services, recognizing the sector’s rapid growth potential. Agarwal’s expertise will help Investcorp scale its operations and support portfolio companies in achieving higher growth.
As part of his new role, Agarwal will join the board of directors at NuSummit, formerly known as NSEIT. NuSummit is a leading provider of digital transformation and cybersecurity services, catering to industries like capital markets, insurance, and banking. Investcorp acquired NuSummit last year as part of its strategy to expand in the technology sector.
NuSummit Role in Growth Strategy
NuSummit plays a significant role in helping global enterprises adapt to digital advancements. With the increasing demand for secure and innovative technology solutions, NuSummit has become a critical asset for Investcorp’s growth in India’s software services industry.
Agarwal’s appointment is expected to enhance NuSummit’s market position by leveraging his deep industry knowledge and leadership experience. His role will involve guiding the company’s expansion, strengthening client relationships, and driving innovation in digital services.
Gaurav Sharma Confidence in Leadership
Gaurav Sharma, the Head of India Investment Business at Investcorp, expressed strong confidence in Agarwal’s ability to scale operations and strengthen the firm’s position in India. Sharma emphasized that Agarwal’s proven expertise in global technology businesses will be instrumental in expanding Investcorp’s presence in the software and IT services sector.
Investcorp has been actively investing in mid-sized technology firms, and this appointment reinforces its commitment to supporting businesses with strong growth potential.
Vivek Agarwal brings over 25 years of leadership experience in technology, private equity, and mergers & acquisitions (M&A). Prior to joining Investcorp, he served as President at Tech Mahindra, where he played a key role in expanding its global technology business.
On his new role, Agarwal highlighted the rapid evolution of IT services and the increasing need for industry-specific digital solutions. He emphasized that Investcorp’s investments in technology and digital transformation align with current market trends and will create valuable growth opportunities.
Vivek Agarwal expressed enthusiasm about collaborating with NuSummit and Investcorp, aiming to unlock new business opportunities and drive long-term value for stakeholders.
Investcorp Future in Technology Sector
With Agarwal’s leadership, Investcorp is set to strengthen its footprint in India’s software services market. The firm’s focus on scaling technology businesses, investing in innovation, and expanding digital capabilities positions it for continued growth in the Indian market.
As the demand for digital transformation and cybersecurity services rises, Investcorp is well-placed to support businesses in navigating the evolving technology landscape.
