Executives/Partners from Goldman Sachs and Everstone Capital join following private equity investment; bring expertise in key verticals such as healthcare, financial services and technology
SANTA CLARA, Calif. – September 21, 2020 – Infostretch, a leader in digital engineering services, today announced five new board members. The news comes on the heels of its recent private equity investment from Goldman Sachs Merchant Banking Division and Everstone Group.
The new board members are Avnish Mehra, Senior Managing Director at Everstone Capital; Harsh Nanda, Managing Director, and Pim Valantagul, Vice President – both in the Merchant Banking Division at Goldman Sachs; Arpan Sheth, an Independent Investor; and Suresh Vaswani, a Tech Sector Investor and a Key Operating Partner of the Everstone Group. They join Infostretch CEO and Founder Rutesh Shah and Co-Founder and COO Manish Mathuria.
“The domain expertise and experience that Avnish, Harsh, Pim, Arpan and Suresh bring to the Infostretch team are substantial,” said Rutesh Shah, CEO & Founder. “They have helped guide a variety of companies across the technology spectrum to big successes – from early-stage startups to some of the leading innovators in the world. They will be invaluable as we look to capitalize on the huge market opportunity in digital engineering.”
Infostretch works with both enterprises and emerging startups to accelerate their digital initiatives from strategy and planning through execution. The company specializes in helping delivery teams overcome their biggest technical obstacles in their digital efforts. It offers core capabilities in Cloud, Data, IoT, Mobile and UI/UX, leveraging data and analytics in every engagement to speed cycle time, increase efficiency, and reduce risk.
The new board members have significant experience in helping technology companies reach the next level in their successful evolution, with particular emphasis on healthcare, financial services and technology—key verticals for Infostretch. The new members include:
Harsh Nanda – Managing Director, Merchant Banking Division, Goldman Sachs
Nanda is a seasoned tech investor who works with companies to take them to the next stage in their evolution. Previously, he worked on mergers & acquisitions and corporate finance transactions in the Goldman Sachs Investment Banking Division Healthcare Group. Prior to joining Goldman, Harsh worked at Microsoft and Microsoft Research. In addition to Infostretch, he serves on the boards of BPL Medical Technologies, Digital Management, Inc., Omega Healthcare Management Services, QMetry, Inc., Slickdeals, and Trader Interactive.
Pim Valantagul – Vice President, Merchant Banking Division, Goldman Sachs
Valantagul is a tech investor focused on digital innovators in the internet, technology, and technology-enabled services space. Previously, Valantagul worked on mergers & acquisitions and corporate finance transactions in the Goldman Sachs Investment Banking Division Industrials Group. She joined Goldman in 2013 as an analyst in New York. She also serves on the boards of Digital Management, Inc., Omega Healthcare Management Services, QMetry Inc., and Slickdeals.
Avnish Mehra – Senior Managing Director, Everstone Capital
Mehra co-leads Everstone’s private equity investment activities and is also responsible for leading deal teams in the cross border and global technology/media and telecom sectors. He is an accomplished technology investor, passionate about finding and nurturing digital trailblazers. His 22 years of experience in global investment firms based in Asia and Europe include HSBC in Hong Kong and ABN Amro, CIBC World Markets and Virgin Media in London. He is also on the board of Everise, Servion, Innoveo, Translumina, Sahyadri Hospitals and Everlife.
Arpan Sheth – Independent Investor
Sheth’s professional passion centers around helping organizations (large and small; old and young) serve their customers (consumers and businesses) better than anyone else leveraging the latest technologies and capabilities. He is a respected digital transformation expert, known for delivering successful digital change programs globally. Outside of his independent investment activities, Sheth leads Bain’s Technology, Analytic and Digital Practice in Asia Pacific and helped establish Bain’s Digital practice in Asia Pacific with teams across Asia. He is an active investor in start-up ecosystem with a portfolio of 20 investments and in his down time, serves on the boards of a few non-profit organizations.
Suresh Vaswani – Operating Partner, Tech Investor, Board Member
Vaswani is a seasoned global technology and IT services leader with significant experience in incubating and building next generation IT businesses, developing strong customer relationships & strategic partnerships, driving transformational revenue growth and profitability, Acquisitions & Divestitures and expanding into new markets. He has served as the president of Dell Services, co-CEO and board member of Wipro and general manager at IBM Global Technology Services. In addition to Infostretch, he serves on the boards of Omega Healthcare, Servion Global Solutions, and Innoveo. He is also Chairman at Acqueon and Instavans and an Independent Director at Vodafone Idea Ltd.
“Infostretch has established itself as a true innovator in the digital services space by leveraging next generation technology, data and intelligence to help its clients adopt new business models, create a differentiated & enhanced customer experience and gain a strong competitive advantage.” commented Vaswani. “As board members, we will draw on our diverse experience to help the company build on its substantial strengths and deliver even higher customer value.”
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Infostretch is a pure-play digital engineering services firm focused on helping companies accelerate their digital initiatives from strategy and planning through execution. We leverage deep technical expertise, Agile methodologies and data-driven intelligence to modernize systems of engagement and simplify human/tech interaction. We deliver custom solutions that meet customers’ technology needs wherever they are in their digital lifecycle. Infostretch works with both large market-leading enterprises and emerging innovators — putting digital to work to enable new products and business models, engage with customers and partners in new ways, and create sustainable competitive differentiation. For more information, visit https://www.infostretch.com/.