US PE firm Recognize, armed with $1.7 billion fund, scouts for niche IT service companies in India

US PE firm Recognize, armed with $1.7 billion fund, scouts for niche IT service companies in India

Recognize is currently investing out of its second fund. As part of Recognize II, the firm has invested in four platform services companies: SDG Corporation, a cybersecurity services firm; Sprout, a digital infrastructure company; TRANZACT, an insurance company; and HealthEdge, a software-as-a-service platform for healthcare companies.

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