Our integrated global Enterprise Technology and Services (ET&S) team, which is spread across the US, Europe and India, allows us to act locally, while utilizing global relationships and best practices to enrich our solutions.
As a practice, we believe in building our thought leadership in this dynamic technology sector, through our deep and long-term relationships with relevant industry players, extensive transaction flow and regular publication of reports on emerging industry trends as well as on topical areas like cross-border taxation and structuring. With over 100 transactions in the sector, the firm has a global network of buyer and investor relationships in the US, Europe and Asia.
Our mergers and acquisitions (M&A) advisory and private equity (PE) syndication services are recognized as amongst the best in these chosen sub-sectors.
Amit Singh has over 19 years of IT services and investment banking experience and currently co-heads the Enterprise Technology and Services (ET&S) vertical for Avendus’s investment banking business. Amit has concluded more than 45 transactions in the technology and outsourcing space.
At Avendus, he has led and closed some of the most complex transactions in this sector including transactions like the sale of Satyam Computers to Tech Mahindra, the sale of Patni Computers to Apax/iGate combined, and acquisition of Digital Risk on behalf of Mphasis. Amit began his career with Lovelock & Lewes, a member firm of Coopers & Lybrand. His first encounter with the world of mergers and acquisitions (M&A) came within months of his starting his career at Coopers & Lybrand merged with Price Waterhouse to create the biggest of the Big Four accounting firms.
He has also worked with one of the leading new economy IT services company of the 90s, Cambridge Technology Partners, which was later acquired by Novell Inc. Amit then went on to manage M&A at Symphony Services, as one of its earliest employees. He was instrumental in the inorganic growth of the company to a 1000+ employee organization in less than three years.
Amit holds an MBA from Xavier Institute of Management, Bhubaneswar and has earned his Bachelor’s degree in electrical and electronics engineering from Birla Institute of Technology and Science, Pilani.
Puneet Shivam founded the Avendus US entity along with the founders in 2007 and currently co-heads the Enterprise Technology and Services (ET&S) vertical for Avendus’s investment banking business. He is based in the US. Puneet has over 17 years of experience in financial services and consulting. He has led multiple complex transactions across the US, Europe, and Asia in the past decade.
Prior to joining Avendus, Puneet was a Board Member and Head of Management Financial Services Consulting at Inductis, a boutique financial and management consulting firm which was successfully sold to EXL Service. He started his career at Morgan Stanley and has also worked at Andersen and Mitchell Madison Group.
Puneet holds an MBA degree from the IIM, Ahmedabad and has earned his Master's degree in engineering management from IIT, Kanpur. He is a frequent speaker on the topics of entrepreneurship and mergers and acquisitions (M&A) and is a guest lecturer at the Columbia Business School. He is licensed in the US by FINRA with Series 7, 24, 63 and 66 licenses.
2020 has been the year of structural shift for the digital economy, primarily due to COVID. While the real economy suffered, digital enabled economy got a booster shot. Our annual thought paper sets our predictions for 2021 to be the break-out year for the Indian Digital and Tech ecosystem, with the momentum in the funding environment likely to accelerate – We expect US$20bn+ funding in the private markets.
Consumption patterns in India are evolving. With rise in online shopping and spurred by the opportunity to capitalize on white spaces and a more demanding consumer, new-age brands are emerging. Eyeing a $100bn addressable market by 2025, direct-to-customer brands are set to disrupt the way India shops in the coming decade.
The second edition of our Coronavirus thought paper, tracks the pandemic’s impact on the IT outsourcing industry and associated deal activity. Given the strong bounce back in demand and valuation at pre-COVID levels we believe that the market is conducive for deal making.
MuleSoft, since its acquisition by Salesforce in 2018, has experienced tremendous growth. Industry-wide MuleSoft adoption is expected to continue given that both the API management and the iPaaS (Integration Platform-as-a-Service) industries are experiencing high growth due to increased cloud adoption and connected devices.
Connect with us on tech-outsourcing@avendus.com and we’ll get in touch with you.