Investcorp Expands Reach with Acquisition of NSEIT
NSEIT is known for its digital transformation and cybersecurity solutions.
Investcorp, a Bahrain-based alternative investment firm, has inked a deal to acquire NSEIT, the digital technology arm of India's National Stock Exchange (NSE).[1]
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Valued at INR 1,000 crores ($119.82 million), this acquisition excludes NSEIT's digital examinations business and marks one of India's largest mid-market transactions.
NSEIT, known for its digital transformation and cybersecurity solutions catering to global clients in capital markets, insurance, and banking, operates across India, North America, and the Middle East.
With a portfolio spanning digital engineering, data analytics, AI, cloud, and cybersecurity services, NSEIT aligns with Investcorp's trajectory of investing in tech and IT services, particularly in the US.