This story is from September 20, 2022
Recognize appoints new head of India operations
CHENNAI: Recognize, a technology investment platform launched by Cognizant founder Frank D’Souza and other industry veterans, has appointed Muthu Kumaran as operating partner and head of India operations.
Former Cognizant executive Kumaran will lead Recognize’s efforts to build out the presence of its portfolio companies in India and other strategic delivery locations around the world. Recognize plans to add more than 2,000 jobs in these companies in India in the year ahead.
Kumaran joins Recognize after a 25-year tenure at Cognizant. He brings a broad range of technology services and operational expertise spanning strategy, client relationship management, digital transformation, leadership development and employee engagement, Recognize said.
All five companies in Recognize’s portfolio have a significant India strategy -- Ciklum, a cloud-native, digital engineering firm; SpringML, a pure-play services organization focused on Data and AI/ML, AST Global, a cloud and digital transformation solutions provider, Torc, a virtual talent platform for software engineers, and Blend360, a provider of data, analytics and talent solutions. Recognize raised around $1.3 billion for its inaugural fund which closed in January.
Former Cognizant executive Kumaran will lead Recognize’s efforts to build out the presence of its portfolio companies in India and other strategic delivery locations around the world. Recognize plans to add more than 2,000 jobs in these companies in India in the year ahead.
All five companies in Recognize’s portfolio have a significant India strategy -- Ciklum, a cloud-native, digital engineering firm; SpringML, a pure-play services organization focused on Data and AI/ML, AST Global, a cloud and digital transformation solutions provider, Torc, a virtual talent platform for software engineers, and Blend360, a provider of data, analytics and talent solutions. Recognize raised around $1.3 billion for its inaugural fund which closed in January.
Popular from Business
- Elon Musk takes witty dig at Jaguar's new logo, asks 'Do you sell cars?' - here's how Jaguar responded
- Kenya scraps airport, power deals with Adani Group
- ‘Work-life balance is controversial but...’: What Wipro’s Rishad Premji has to say days after Narayana Murthy reiterates 70-hour work week
- Adani Group stocks plunge up to 20% after Gautam Adani’s indictment in US on bribery and fraud charges; Rs 2.25 lakh crore m-cap wiped out!
- Adani Group denies allegations in first reaction to Gautam Adani US indictment; calls charges ‘baseless’
end of article
Trending Stories
- Will banks open only for 5 days a week? Here’s what you should know about IBA’s proposal
- India set to be third largest economy, says S&P Global
- Dalal Street bull run continues! BSE Sensex crosses 69,000 for the first time; Nifty above 20,800
- Byju’s reduces notice period for employees as troubles mount
03:08 Sensex surges over 900 points, Nifty above 20,550 as BJP state election wins bolster Modi's Lok Sabha 2024 prospects- UltraTech to buy building materials business of Kesoram in 7,600 crore deal
- Tata Technologies stock debuts at a bumper 140% premium; share price at Rs 1200 on BSE
Visual Stories
- NEET UG 2024 result awaited: Top 10 NIRF-ranked medical colleges of India
- 7 New Expected Bullet Train Routes in India
- 10 Upcoming High-Speed Expressways That Will Change Highway Travel In India
- 8 Transformational Indian Railways Projects You Shouldn’t Miss
- Why Sensex, Nifty50 Hit New Highs, M-Cap At $5 Trillion: Top Reasons
UP NEXT
Start a Conversation
Post comment