Recognize Appoints Muthu Kumaran as Operating Partner and Head of India Operations
Recognize, a technology investment platform that is singularly focused on the technology services industry, announced today that Muthu Kumaran will join the firm as Operating Partner and head of India operations. Muthu expands Recognize’s ability to build best-in-class delivery and operations, and attract world class talent in support of Recognize portfolio companies. Recognize raised approximately $1.3 billion for its inaugural fund which closed in January.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220919005907/en/
Muthu Kumaran, Operating Partner & Head of India Operations, Recognize (Photo: Business Wire)
Muthu joins Recognize from Cognizant, where he delivered innovative technology solutions to multinational clients across the U.S., Europe, India and APAC during his 25-year tenure. Having worked with clients across industries and service lines, Muthu brings a broad range of technology services and operational expertise spanning strategy, client relationship management, digital transformation, leadership development and employee engagement.
Muthu will lead Recognize’s efforts to build out the presence of its portfolio companies in India and other strategic delivery locations around the world. 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 company redefining the future of work through a virtual talent platform for software engineers; and Blend360, a provider of data, analytics and talent solutions for Fortune 500 companies. Recognize plans to add more than 2,000 jobs in India across these companies in the year ahead.
“Recognize was founded with an abiding focus on building next-generation technology services companies that provide leading edge solutions on a backbone of best-in-class operations and delivery,” said Frank D’Souza, Co-Founder and Managing Partner, Recognize.
“I am thrilled to be joining such a diverse yet complementary leadership team,” said Muthu Kumaran, Operating Partner, Recognize. “I have been part of a world-class team growing from 300 to over 300,000. I truly believe that entrepreneurship, innovation and an engaged talent can fuel unprecedented growth, and I look forward to drive value across our portfolio companies around the world.”
Recognize is a technology investment platform exclusively focused on the technology services industry. Tech services firms envision, build, configure, manage, and operate software and business processes to deliver digital outcomes for enterprises. The firm provides operational expertise, industry insights, and strategic capital to innovative companies in this sector. Recognize is led by industry veterans Frank D’Souza, Raj Mehta, Charles Phillips, and David Wasserman. To learn more, visit www.recognize.com
To view this piece of content from cts.businesswire.com, please give your consent at the top of this page.
About Business Wire
Subscribe to releases from Business Wire
Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Business Wire
Generac Power Systems and EODev Announce Agreement Bringing Large-Scale, Zero-Emissions Hydrogen Fuel Cell Power Generators to North America3.10.2022 19:44:00 CEST | Press release
Generac Power Systems (NYSE: GNRC), a leading global designer and manufacturer of energy technology solutions and other power products, and EODev, a French developer and manufacturer of zero-emission hydrogen fuel cell power generators, today announced a formal distribution agreement. Generac will offer EODev’s GEH2® – a large-scale, zero-emissions hydrogen fuel cell power generator – to the North American market. The distribution agreement signifies the continued growth and availability of alternative energy solutions for the industrial power sector, which addresses a pioneering market in the transition to low-carbon and emission-free power solutions. This collaboration emphasizes Generac’s Powering A Smarter World strategic focus and equally expands EODev’s presence in the North American market with its cutting-edge, one-of-a-kind hydrogen fuel cell power generators. Generac has placed an initial order for the GEH2® generators, some of which have already arrived in the United States.
Enviva Releases White Paper on the Evolution of Modern Bioenergy in Heavy Industry Verticals3.10.2022 18:00:00 CEST | Press release
Today, Enviva Inc. (NYSE: EVA), the world’s leading producer of sustainably sourced wood biomass, published a white paper that discusses unlocking the future of biomass beyond fossil fuels into other industrial applications, including steel, cement, lime, chemicals, and sustainable aviation fuel (SAF), among others. While Enviva’s sustainably sourced biomass is predominately used today to decarbonize power and heat generation, modern biomass will increasingly be used to reduce emissions in these hard-to-abate sectors that are responsible for nearly one-third of global CO2 emissions as governments, companies, and industry endeavor to mitigate their climate change impacts through net-zero emissions goals. All sectors ‒ including energy, construction, transportation, aviation, and food systems ‒ are looking to rapidly decarbonize, and sustainably sourced biomass is the only technologically advanced, scalable, and market-ready product poised to substantially mitigate climate change and dec
DentalMonitoring Expands into Japan3.10.2022 17:53:00 CEST | Press release
New office in Tokyo; bringing smarter dentistry solutions to Japan. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20221003005816/en/ DentalMonitoring ScanBox pro (Photo: Business Wire) DentalMonitoring, the leading global provider of smart dentistry solutions, is setting foot in Japan to serve the Asian market with its AI-powered remote monitoring solution and latest clinical data analysis platform DM Insights. Having been granted market authorization, the company headquartered in Paris, France, is now bringing its suite of intelligent solutions onto the Japanese market. From lead engagement and conversion to remote monitoring of all treatment modalities, DentalMonitoring has helped transform over 7,000 practices worldwide and over 1 million patients have already been using its ScanBoxᵖʳᵒ and 4.9 rated app, helping optimize their treatment experience. ScanBoxᵖʳᵒ will be available from Dental Monitoring Japan in October 2022.
AIT Worldwide Logistics Forms CRAF Partnership with Kalitta Air3.10.2022 17:02:00 CEST | Press release
Global supply chain solutions leader AIT Worldwide Logistics has entered into a new Civil Reserve Air Fleet (CRAF) partnership with Ypsilanti, Michigan-based Kalitta Air. The strategic alliance continues AIT’s longstanding designation as a CRAF-sponsored freight forwarder, enabling the company to continue critical supply chain support for United States Transportation Command (USTRANSCOM) missions, while also increasing access to global routes, capacity, and charters for customers. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20221003005635/en/ AIT Worldwide Logistics forms CRAF partnership with Kalitta Air (Photo: Business Wire) “For more than 10 years, we’ve been proud and always at the ready to support USTRANSCOM through the CRAF program,” said AIT’s Chief Business Officer, Greg Weigel. “As AIT continues to grow our global footprint and scope, securing a CRAF partnership with an airline that has similar global reach, with
Survey Reveals Tech Trust Gap Amongst UK Bank Customers3.10.2022 15:38:00 CEST | Press release
New research by Mitek, a global leader in digital identity and digital fraud prevention, and YouGov has found that banking customers’ trust in technology remains low in the United Kingdom. Only half (52%) of UK bank customers feel that technology like artificial intelligence (AI) and biometrics positively impacts their trust in banks, and only 5% would prefer all interactions with AI/automated systems when engaging banks. These findings are based on a survey of more than 2,200 adults across age groups and UK regions. The industry has undergone a rapid digital transformation in the last few years, with Gartner predicting IT spending by banking and investment services firms growing by 6.1% by end of 2022, to US$623 billion worldwide. While nearly eight in 10 (79%) customers are satisfied with their bank’s digital experience (rating it “good”, “very good”, “or “excellent”), banks are in danger of facing a market-driven stalemate in their research and development should the tech trust gap
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.Visit our pressroom