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Warburg Pincus invests USD 200m in global product engineering services company.

M2 EQUITYBITES-August 16, 2019-Warburg Pincus invests USD 200m in global product engineering services company

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Indecomm Digital Services has announced that it has attracted an investment of approximately USD 200 million from an affiliate of Warburg Pincus, a global private equity firm focused on growth investing, the company said.

Indecomm Digital is an established provider of providing next-generation product engineering and digital experience services to global technology companies and software businesses. Indecomm Digital has deep capabilities across verticals including high-tech, fintech, health tech, travel, digital payments, digital commerce and supply chain & logistics.

The company is headquartered in Scottsdale, Arizona, United States with offices across North America, U.K, Latin America, Malaysia, Singapore, Hong Kong, India, Indonesia, and Philippines. Indecomm Digital is led by Venu Raghavan, who has over 25 years of experience in the Information Technology industry in both operational and advisory roles.

Indecomm Digital Services is a preferred Innovation partner to some of the world's technology companies. It provides Next-Gen services like Predictive Analysis, Machine Learning, AI, IoT, Cloud, and Test Automation, which continue to grow at a higher clip. For more information, visit www.indecommdigital.com.

Warburg Pincus LLC is a global private equity firm focused on growth investing. The firm has more than USD 65 billion in assets under management. The firm's active portfolio of more than 185 companies is highly diversified by stage, sector and geography. Founded in 1966, Warburg Pincus has raised 19 private equity funds, which have invested more than USD 77 billion in over 870 companies in more than 40 countries. The firm is headquartered in New York with offices in Amsterdam, Beijing, Berlin, Frankfurt, Hong Kong, Houston, London, Luxembourg, Mumbai, Mauritius, San Francisco, Sao Paulo, Singapore and Shanghai. For more information, visit www.warburgpincus.com

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Publication:M2 EquityBites (EQB)
Geographic Code:9INDI
Date:Aug 16, 2019
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