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 the efforts of Recognize 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 India across these companies in the year ahead.
Kumaran joins Recognize from Cognizant after a 25-year tenure at the IT company. 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.
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