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Bahrain-based Investcorp buys NSE's digital services unit for Rs 1,000 crore

IndianStartupNewsIndianStartupNews · 4m
Bahrain-based Investcorp buys NSE's digital services unit for Rs 1,000 crore

Investcorp has acquired NSEIT, the core digital technology business of the National Stock Exchange of India (NSE), for Rs 1,000 crore. The deal excludes NSEIT's digital examinations business and aims to strengthen Investcorp's presence in India's technology and financial services sectors. This is one of the largest mid-market transactions in India and demonstrates Investcorp's commitment to expanding its technology and financial services investment portfolio. NSEIT provides digital transformation and cybersecurity services globally, primarily in capital markets, insurance, and banking. The acquisition aligns with Investcorp's strategy to support mid-market companies across sectors and expand its presence in the rapidly digitizing financial services landscape.

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