Investcorp to acquire NSEIT from National Stock Exchange for $120m.

Investcorp, an alternative investment firm, agreed to acquire NSEIT, a digital technology business, from National Stock Exchange of India for $120m. “We are pleased to announce our acquisition of NSEIT. It is a significant step in our expansion efforts in India and it underscores our commitment to investing in high-growth sectors and backing credible founders and management teams. This transaction also highlights our unique ability to bring together our global platform as we look forward to driving international business working closely with our colleagues in the US and the rest of the world," Gaurav Sharma, Investcorp Head of India Investment Business.