24 Feb 2025
Investcorp, a global leader in alternative investments, today announced the appointment of Vivek Agarwal as Senior Operating Partner for its India operations. Vivek will lead the firm’s strategic expansion into opportunities in the software and software services sectors.
Late last year, Investcorp acquired NuSummit (formerly NSEIT), a leading provider of digital transformation and cybersecurity services, marking a significant step in its commitment to expanding its footprint in the technology sector. NuSummit is known for its comprehensive services that cater to global customers in capital markets, insurance, and banking sectors. In his new role, Mr. Agarwal will also join the board of directors of NuSummit, using his extensive experience in the technology sector to drive strategic growth and innovation.
Commenting on the appointment, Gaurav Sharma, Head of India Investment Business at Investcorp, said: “We are excited to have Vivek join Investcorp. His experience of global scale technology businesses is exactly what we need to grow in the mid-market technology sector. We are confident that Vivek’s presence will help strengthen our India franchise and deliver significant value to our portfolio.”
Vivek Agarwal brings over 25 years of extensive leadership experience across various functions. He most recently served as President at Tech Mahindra, leading the “Strategy and M&A” function, and global businesses in the Healthcare and Financial Services sectors. His career has spanned roles in managing large-scale business transformations and value creation, with a deep focus on technology-driven growth. At Investcorp, his diverse experience in these industries, along with his background in private equity and M&A, will allow him to identify growth opportunities and enhance Investcorp’s portfolio in these critical areas.
Vivek Agarwal, Senior Operating Partner, Investcorp, said: “I am excited to take on the role of Senior Operating Partner at Investcorp, focusing on technology investments. Technology evolution is dramatically reshaping the IT services industry, driving innovation and altering how our clients approach adoption. I am confident that firms with unique offerings and deep expertise in both technical and industry-specific areas will lead the way. I look forward to collaborating with the talented team at NuSummit and contributing to Investcorp’s ambitious plans. Together, I believe we can unlock new opportunities and deliver value to our stakeholders.”