Avendus Advises Nseit, the Digital Technology Services Business of the National Stock Exchange of India, on Its Acquisition by Investcorp

We are pleased to announce our acquisition of NSEIT. It is a significant step in our expansion efforts in India and it underscores our commitment to investing in high-growth sectors and backing credible founders and management teams. This transaction also highlights our unique ability to bring together our global platform as we look forward to driving international business working closely with our colleagues in the US and the rest of the world.

This transaction is a continuation of NSE’s strategy to focus on its core business areas as desired by SEBI. We are pleased that Investcorp, which is a leading global investor with deep experience in IT services, is assuming responsibility of NSEIT. Their acquisition of NSEIT is a testament to the quality and potential of the business we've built. We are confident that under Investcorp's stewardship, NSEIT will not only continue to thrive but also reach new heights in innovation and market expansion.

NSEIT’s capabilities in advanced digital and cybersecurity technologies combined with its vertical focus in financial services uniquely position it for global growth. The acquisition aligns with our strategy of investing in deeply entrenched assets and supporting them in their global growth ambitions.

The acquisition by Investcorp marks a pivotal moment in NSEIT’s journey. NSEIT has created a niche, through its deep expertise in digital transformation and cybersecurity services with a strategic focus on capital markets and financial services sector. NSEIT’s strong credentials combined with Investcorp’s global reach, uniquely positions us to drive value enhancement for our clients, both present and future. This collaboration will enable us to accelerate innovation, drive service excellence, and broaden our capabilities to address the evolving needs of the industry. We thank NSE for its guidance and leadership in enabling NSEIT to achieve a formidable position in India and global markets.

This transaction is a testament to NSEIT’s holistic and differentiated solution suite across cybersecurity, digital engineering, data analytics & cloud services catering to global BFSI and capital markets clients. Investcorp’s rich experience investing in technology-centric businesses for over two decades will help NSEIT further turbocharge its growth. We truly believe that NSEIT is well-positioned to leverage Investcorp’s strong track record and global reach to continue its upward trajectory. This transaction further validates the growing interest among global private equity firms to acquire high quality tech services assets. We are delighted to have led this notable transaction.