NEW YORK & CHENNAI, India–(BUSINESS WIRE)–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.
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