NuSummit Emerges as Modern Global Technology Powerhouse After Rebranding
Bengaluru, December 10, 2024 - In a significant move to reposition itself as a strategic services provider with deep domain expertise, NSEIT has officially unveiled its technology business under the new brand identity of NuSummit. The rebranding marks a transformative milestone for the company, which is backed by leading global alternative investment firm Investcorp.
NuSummit aims to establish itself as a modern and global technology powerhouse committed to driving digital transformation across various industries, with a special focus on the BFSI sector. This ambitious goal is part of the company's journey that began with Investcorp's acquisition of NSEIT's technology business in April 2024.
The transaction excludes the digital examinations business housed within NSEIT. The launch of NuSummit will lay the foundation for a powerful, unified brand offering strengths in advanced cybersecurity, cloud transformation, app modernization, AI and data-driven solutions.
"Ambitious goals"
As CEO of NuSummit, Mr Anantharaman Sreenivasan said, "We are not just rebranding; we are reimagining how technology can orchestrate meaningful and measurable outcomes that empower businesses to meet and capitalize on the opportunities presented by the digital and AI-driven business landscape."
Sreenivasan further emphasized that NuSummit's focus on cybersecurity is a commitment to ensuring businesses remain secure as they advance their digital transformation. With Investcorp's strategic vision and resources, NuSummit aims to enter new geographies and industries worldwide.
"Our customers can rely on us to deliver future-ready, thorough, and robust systems and processes that enhance efficiency and scalability," Sreenivasan added.
Partnership with Investcorp
Mr Varun Laul, Partner at Investcorp, expressed his satisfaction in being NuSummit's partner in their ambitious goals. "We will be closely working with the NuSummit team as they explore newer geographies offering innovative and tailored solutions to modernize their IT landscapes, with a focus on tangible business outcomes."
About NuSummit
NuSummit is a leading provider of advanced digital transformation and cybersecurity services across industries. The company has a strong presence in India, North America, and the Middle East, with a core focus on global customers in capital markets, insurance, and banking.
In the next five years, NuSummit aims to become the partner of choice for BFSI organizations looking to leverage technology as a business differentiator by adopting AI-led modernization and digital transformation, as well as zero-trust cybersecurity.