Things Of Business
news

NSEIT Technology Business Rebrands as NuSummit, Ushering in a New Era of Global Innovation

Dec 19, 2024 · Source: cision
NSEIT Technology Business Rebrands as NuSummit, Ushering in a New Era of Global Innovation

NuSummit holds strong expertise in business modernization for the BFSI sector, besides other industries, using AI, data, applications, cloud and cybersecurity solutions.

MUMBAI, India, Dec. 19, 2024 -- A leading technology solutions provider NSEIT today announced the rebranding of its technology business to NuSummit, marking a transformative milestone in the company's evolution as a strategic services provider with deep domain expertise. NuSummit, backed by leading global alternative investment firm Investcorp, aims to establish itself as a modern, global technology powerhouse committed to driving digital transformation across the BFSI sector and other industries.

This rebranding is part of a journey that began with the National Stock Exchange's (NSE) divestment of NSEIT's technology business to Investcorp in April 2024. The transaction excludes the digital examinations business that is also housed inside NSEIT. The launch of NuSummit will lay out the foundation for a powerful, unified brand with strengths in advanced cybersecurity, cloud transformation, app modernization, AI and data-driven solutions. Aujas Cybersecurity, an acquisition by NSEIT specializing in providing end-to-end cybersecurity services and solutions across industries, will now operate as 'A NuSummit Company'.

Announcing the brand's new identity, Mr Anantharaman Sreenivasan, Managing Director & Group Chief Executive Officer, NuSummit, said, "NuSummit symbolizes our commitment to helping clients achieve their peak potential. We are not just rebranding; we are reimagining how technology can orchestrate meaningful and measurable outcomes that empower businesses to meet and capitalize on the opportunities presented by the digital and AI-driven business landscape. With a strong focus on cybersecurity, we ensure that businesses remain secure while advancing their digital transformation. Backed by Investcorp's strategic vision and resources, NuSummit is now positioned to enter new geographies and industries. We aspire to be the strategic technology partner for companies worldwide, trusted for delivering business-critical services and solutions. Our customers can rely on us to deliver future-ready, thorough, and robust systems and processes that enhance efficiency and scalability."

Mr Varun Laul, Partner at Investcorp, added, "We are pleased to be NuSummit's partner in their ambitious goals to unlock transformative value through technology. NuSummit is uniquely positioned in the market with its cutting-edge solutions. We will be closely working with the NuSummit team as they explore newer geographies offering innovative and tailored solutions to modernize their IT landscapes, with a focus on tangible business outcomes."

NuSummit is a leading provider of advanced digital transformation and cybersecurity services across industries. Its core focus is on global customers in capital markets, insurance, and banking. NSEIT has a strong presence in India, North America, and the Middle East.

Over the next five years, NuSummit aims to be the partner of choice, particularly for BFSI organizations that aim to leverage technology as a business differentiator by adopting AI-led modernization and digital transformation, and zero-trust cybersecurity.

About NuSummit 

As NuSummit, we've solidified our position as a premier provider of cutting-edge digital transformation and cybersecurity solutions. With a global clientele spanning capital markets, insurance, banking, and other industries, we're proud to partner with over 300 businesses, including 22 Fortune 500 and 5 Fortune 50 clients. Our strong track record, recognized by numerous technology and culture awards, is a testament to our commitment to excellence. Backed by Investcorp, our team of dedicated professionals empowers organizations to orchestrate outcomes that help navigate the complex digital landscape with confidence.

About Investcorp 

Investcorp is a global investment manager, specializing in alternative investments across private equity, real estate, credit, absolute return strategies, GP stakes, infrastructure, and insurance asset management. Since our inception in 1982, we have focused on generating attractive returns for our clients while creating long-term value in our investee companies and for our shareholders as a prudent and responsible investor.

Investcorp has today 14 offices across the US, Europe, GCC, and Asia, including India, China, Japan, and Singapore. Currently, Investcorp Group has over $52 billion in total AUM, including assets managed by third-party managers, and employs approximately 500 people from 50 nationalities globally across its offices.

For further information, visit www.investcorp.com and follow us @Investcorp on LinkedIn, Twitter and Instagram.

For more information, please visit nusummit.com

Logo: https://mma.prnewswire.com/media/2585009/NuSummit_Logo.jpg

 

Cision View original content to download multimedia:https://www.prnewswire.com/in/news-releases/nseit-technology-business-rebrands-as-nusummit-ushering-in-a-new-era-of-global-innovation-302336044.html

Share: X / Twitter LinkedIn WhatsApp

Comments (0)

Login to join the conversation

Login / Register

No comments yet. Be the first to comment!

More to Read

Bank of America Now Accepting Proposals for 2027 Art Conservation Project
news
Aug 5, 2026 1 min

Bank of America Now Accepting Proposals for 2027 Art Conservation Project

Key points Applications for the 2027 Bank of America Art Conservation Project will be accepted from Aug. 1 through Sept. 30, 2026. The program supports the conservation of historically or culturally significant artworks and artifacts around the world. Eligible nonprofit cultural institutions may submit proposals through the Art Conservation Project website. The Art Conservation Project has provided support for more than 15,000 objects in 40 countries since launching in 2010. CHARLOTTE, N.C. , Aug. 5, 2026 -- Bank of America is now accepting proposals for its 2027 Art Conservation Project through Sept. 30, 2026. The program provides grant funding to nonprofit museums, cultural institutions and conservation organizations undertaking projects to preserve historically or culturally significant artworks and artifacts.

Cision Report Warns Brands Are Falling Into Costly 'Data Fragmentation Trap'
news
Aug 5, 2026 1 min

Cision Report Warns Brands Are Falling Into Costly 'Data Fragmentation Trap'

New analysis shows how disconnected search, social, and AI signals create blind spots, delay decisions, and escalate risks CHICAGO , Aug. 5, 2026 -- Cision, a global leader in consumer and media intelligence, today released The Data Fragmentation Trap: Why More Data Isn t Helping Brands See Clearly , a new report examining why brands struggle to turn high volumes of data into meaningful business intelligence. As AI transforms how information is created, discovered, and consumed, organizations are gathering more signals than ever, from search engines and social media to news coverage and AI-generated answers. Yet, many organizations fall into a data fragmentation trap, still relying on an old, channel-by-channel model based on gathering signals separately. This approach can be costly for organizations. It creates critical blind spots, slows decision making, and limits their ability to understand and influence brand perception.

NYSE Content Update: Expedition Therapeutics Secures $115 Million Series B
news
Aug 5, 2026 1 min

NYSE Content Update: Expedition Therapeutics Secures $115 Million Series B

NYSE issues a pre-market daily advisory direct from the trading floor. NEW YORK , Aug. 5, 2026 -- The New York Stock Exchange (NYSE) provides a daily pre-market update directly from the NYSE Trading Floor. Access today s NYSE Pre-market update for market insights before trading begins. Ashley Mastronardi delivers the pre-market update on August 5th The Dow Jones Industrial Average and S&P 500 will look to build off fresh records on hopes of a deal in the Middle East. The Dow surpassed 54,000 for the first time ever. The S&P 500 clinched its first-ever close above 7,700. Expedition Therapeutics Founder & CEO Yi Larson will join NYSE Live following her firm s latest funding round. The company says the first patients have been dosed in its Phase 2 clinical trial for EXPD-101, a next-gen treatment for COPD. Zeta Global (NYSE: ZETA) CEO David Steinberg will join NYSE Live to deliver the biggest takeaways from the company s Q2 earnings report. The firm says it posted its 20 th straight beat-and-raise quarter and achieved the Rule of 64.

REAL Jet and Crypto.com Give Customers a New Way to Pay for Private Flights
news
Aug 5, 2026 1 min

REAL Jet and Crypto.com Give Customers a New Way to Pay for Private Flights

Customers Can Now Use Crypto.com Pay to fly REAL Jet NEW YORK , Aug. 5, 2026 -- REAL Jet, a REAL SLX company, has officially launched Crypto.com Pay, allowing customers to use the digital payment solution on the company s charter booking platform. With it, REAL Jet becomes the first private aviation company to accept Crypto.com Pay for private charter flights. Customers with a Crypto.com account, booking through REAL Jet, can now select Crypto.com Pay, with transactions processed securely and in compliance with applicable regulatory standards. Crypto.com Pay is available to eligible US residents for bookings priced and settled in US Dollars (USD). The launch builds on the Crypto.com REAL partnership formed in February 2026 to reimagine VIP experiences across business, sport, and culture.

Utility Global Names Robert Lane Chief Financial Officer to Drive Commercialization at Scale
news
Aug 5, 2026 1 min

Utility Global Names Robert Lane Chief Financial Officer to Drive Commercialization at Scale

Capital markets veteran joins company to fuel next phase of rapid growth HOUSTON , Aug. 5, 2026 -- Utility Global ( Utility ), a global company enabling the economic industrial decarbonization of heavy industries, today announced the appointment of Robert Lane as Chief Financial Officer. Lane joins Utility at a defining time as the company pivots into its commercialization phase. Lane has a proven record of scaling organizations and guiding companies through rapid commercial growth. He brings more than three decades of financial leadership across energy, industrial and growth-stage companies, most recently as CFO of Quva Pharma, where he led finance, accounting, IT and treasury functions through a period of process modernization and liquidity improvement. Previously, as Executive Vice President and CFO of Sunnova Energy International, he helped lead the company s Initial Public Offering (IPO) and closed more than 10 billion in tax equity, debt and equity financing to fund its growth. At Spark Energy, Lane helped lead the company through several acquisitions and integrations, simplified the corporate structure, and led creative and innovative financing strategies. At Emerge Energy Services, he guided the company through its IPO and capital expansion while significantly lowering the cost of debt. Across his career, Lane has led dozens of capital markets transactions collectively worth tens of billions of dollars and has a proven track record of building the financial infrastructure to support fast-growing companies to help them scale.

MITTI LABS RAISES $9.5 MILLION TO BUILD WATER RESILIENCE IN ASIA'S RICE FIELDS
news
Aug 5, 2026 1 min

MITTI LABS RAISES $9.5 MILLION TO BUILD WATER RESILIENCE IN ASIA'S RICE FIELDS

With the world s staple crop under mounting climate & water stress, funding accelerates the deployment of its rice GeoAI platform to millions of smallholder fields BENGALURU, India and NEW YORK , Aug. 5, 2026 -- Deep-tech company Mitti Labs today announced a 9.5 million Series A round from investors including Aramco Ventures as lead investor, alongside Lightspeed India , Godrej Industries Group , Cisco Foundation , Francis Family Fund , and Volta Circle .

Plume Names Rebecca Stone Chief Customer and Marketing Officer, Creating a Dedicated C-Suite Voice for Global ISP Customer Success
news
Aug 5, 2026 1 min

Plume Names Rebecca Stone Chief Customer and Marketing Officer, Creating a Dedicated C-Suite Voice for Global ISP Customer Success

Expanded role reflects Plume s commitment to 450+ ISP customers with dedicated executive champion across entire customer lifecycle, from brand awareness and onboarding through adoption, retention and expansion PALO ALTO, Calif. , Aug. 5, 2026 -- Plume Design, Inc. ( Plume ), the award-winning global subscriber experience platform serving more than 450 Internet Service Providers (ISPs) across 58 countries, today announced that Rebecca Stone will fill the newly created role of Chief Customer and Marketing Officer (CCMO). Ms. Stone, who joined Plume as Chief Marketing Officer in January 2026, will now be responsible for direct ownership of Customer Success in addition to her marketing responsibilities, unifying the customer-facing journey under a single executive leader.

CoinGecko Research: KuCoin's Nine-Year Evolution Reflects Crypto's Shift from Trading to Trusted Infrastructure
news
Aug 5, 2026 1 min

CoinGecko Research: KuCoin's Nine-Year Evolution Reflects Crypto's Shift from Trading to Trusted Infrastructure

PROVIDENCIALES, Turks and Caicos Islands , Aug. 5, 2026 -- As the digital asset industry enters a more mature and selective phase, the role of crypto exchanges is expanding beyond trade execution. Liquidity and product breadth remain fundamental, but security, transparency, regulatory readiness, infrastructure resilience and real-world utility are becoming increasingly important measures of long-term competitiveness. Against this backdrop, CoinGecko Research has released the KuCoin Exchange Report , providing an independent assessment of KuCoin s nine-year evolution and its performance during the first half of 2026. Released alongside KuCoin s ninth anniversary, the report examines how KuCoin has evolved from a crypto exchange focused on token access into a trusted digital asset infrastructure serving more than 45 million users worldwide, while reflecting the broader transformation taking place across the digital asset industry.