Investcorp names Vivek Agarwal as Senior Operating Partner in India
Investcorp has recently announced the appointment of Vivek Agarwal as Senior Operating Partner for its India operations. This move underscores the company’s commitment to expanding into the software and software services sectors in India. Vivek Agarwal’s extensive experience in the technology industry positions him well to lead Investcorp’s strategic growth in this market.
Last year, Investcorp acquired NuSummit, a leading provider of digital transformation and cybersecurity services, formerly known as NSEIT. This acquisition marked a significant step in Investcorp’s efforts to broaden its presence in the technology sector. NuSummit’s offerings cater to global customers in various sectors, such as capital markets, insurance, and banking.
Vivek Agarwal, in addition to his role as Senior Operating Partner for Investcorp, will also join NuSummit’s board of directors. Leveraging his 25 years of leadership experience across different functions, including as President at Tech Mahindra, Vivek brings a wealth of knowledge in business transformations and value creation, particularly in technology-driven growth. His background in private equity and M&A equips him to identify growth opportunities and enhance Investcorp’s portfolio in critical sectors such as technology.
Gaurav Sharma, Head of India Investment Business at Investcorp, expressed excitement about Vivek’s appointment, emphasizing his expertise in global technology businesses and the mid-market technology sector. Sharma believes that Vivek’s presence will strengthen Investcorp’s foothold in India and deliver significant value to the company’s portfolio. Vivek Agarwal, on his part, looks forward to contributing to Investcorp’s technology investments. He acknowledges the transformative impact of technology evolution on the IT services industry and emphasizes the need for firms with unique offerings and deep expertise to drive innovation. Vivek is optimistic about collaborating with NuSummit’s team and contributing to Investcorp’s ambitious plans to unlock new opportunities and create value for stakeholders.
Investcorp’s move to appoint Vivek Agarwal as Senior Operating Partner for India aligns with the company’s strategic expansion into the software and software services sectors. Vivek’s vast experience and expertise in technology and business transformations make him a valuable addition to Investcorp. As he leads the charge in driving growth and innovation in these sectors, Investcorp aims to capitalize on new opportunities and deliver value to its stakeholders.
