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

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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 /PRNewswire/ — 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

 

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ADVANCED PATHOLOGY SOLUTIONS, PLLC ANNOUNCES RESOLUTION OF DOJ INVESTIGATION

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NORTH LITTLE ROCK, Ark., June 17, 2026 /PRNewswire/ — Advanced Pathology Solutions, PLLC (“APS”) announced today that it conclusively resolved matters previously under review by the U.S. Department of Justice and related federal agencies.

The settlement concludes the government’s investigation into allegations concerning APS’s Lean Lab program, including matters relating to the technical components of laboratory services performed by its Lean Lab partners. The settlement is not an admission of liability by APS. APS denies any wrongdoing and is pleased the company will move forward with full confidence in its business operations.

“This resolution brings closure to a process that has spanned several years and allows us to remain focused on supporting physicians, serving patients, and advancing our laboratory services,” said Kevin Hannah, CEO of APS. “We appreciate the opportunity to move forward and continue delivering high-quality pathology services while maintaining a strong commitment to compliance and regulatory excellence.”

APS was cooperative throughout the government’s investigation and has invested substantial resources into strengthening its compliance infrastructure. The company will continue to evaluate and enhance its compliance program to ensure that both the government and its partners can have confidence in its operations and its commitment to operating with transparency, accountability, and adherence to all applicable federal healthcare program requirements.

The settlement provides finality regarding the matters addressed during the government’s investigation and allows APS to remain focused on serving physicians and patients nationwide.

“We are proud of the compliance-focused organization we have built and the improvements we have made throughout this process,” said Hannah. “Our team is excited to turn the page and focus on the future.”

About Advanced Pathology Solutions, PLLC

Advanced Pathology Solutions, PLLC is an anatomic pathology laboratory headquartered in North Little Rock, Arkansas. APS provides pathology services and laboratory solutions to physician practices and healthcare providers across the United States.

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SOURCE Advanced Pathology Solutions, PLLC

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Intellectible Closes $3 Million Seed Round to Scale AI Revenue Operations for Enterprise Service Providers

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Austin-based company helps ESPs turn the processes that made them successful into AI systems that can scale

AUSTIN, Texas, June 17, 2026 /PRNewswire/ — Intellectible, the AI-native revenue operations platform, today announced the close of a $3 million seed round led by Bread & Butter Ventures, with participation from Victorum Capital, Gray Ventures, Circadian Ventures, Allied VC, High Street Equity Partners, and angel investor Adam Burgoon.

“Enterprise service providers are some of the biggest, most important, and most under-automated companies in the economy,” said Jesse Lozano, CEO and Co-founder, citing an industry estimate of $2 trillion in annual federal, state, and education contract spending. “ESPs deliver critical services across government, healthcare, facilities, technology, infrastructure, education, defense, and other major markets, but many of their core revenue workflows still run on spreadsheets, inboxes, shared drives, manual research, and institutional knowledge trapped in people’s heads.”

The platform and team map how a company actually wins and executes work: its SOPs, documents, templates, pricing logic, CRM data, approvals, customer context, and decision-making patterns. Intellectible then turns those processes into configurable AI engines for capture, proposal development, pricing, estimation, knowledge management, and related workflows.

“The services industry is massive, deeply complex, and almost entirely underserved by software,” said Brett Brohl, Managing Partner of Bread & Butter Ventures. “Intellectible is not a model wrapper or a thin AI feature; it requires real systems engineering, workflow design, customer discovery, and implementation discipline. Jesse, along with co-founders Rosie and Reuben are exactly the team to build it.”

“For services firms, the non-linear scaling we’ve enabled means the same team can evaluate more opportunities, pursue more of the right work, respond faster, price with better context, and manage more complexity without adding headcount at the same rate,” Lozano added.

Intellectible already works with numerous ESPs and early results include a more than 300 percent increase in qualified top-of-funnel pipeline for one customer with a 95 percent reduction in associated admin work, and a more than 150 percent increase in qualified federal pipeline for Oceus, a 20-year-old enterprise wireless services provider.

HHS, a powerhouse in the support services industry with over 22,000 employees, is another Intellectible customer. “What Intellectible is building for us goes far beyond automation,” said HHS Head of Growth Derek Kissos. “They are helping us architect an intelligent operating system for growth – one that understands our business at a deep, structural level and turns that understanding into continuous action. For the first time, we can see how AI can operate alongside our teams capturing how we think, how we qualify, how we price, and how we execute, and then scaling those capabilities 24/7 across the entire enterprise.”

The new funding will accelerate product development, expand go-to-market across government contracting and enterprise services, and increase implementation capacity for larger customers.

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SOURCE Intellectible

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LUPINE CREST CAPITAL, FAMILY OFFICE OF JP CONTE, SIGNIFICANTLY INCREASES INVESTMENT IN BRAZILIAN WASTE-TO-ENERGY COMPANY ORIZON

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Lupine Crest invests an additional ~R$70M (~$14M USD) in Orizon

SÃO PAULO and ASPEN, Colo., June 17, 2026 /PRNewswire/ — Lupine Crest Capital, the family office of American businessman and private equity industry veteran Jean-Pierre “JP” Conte, has significantly increased its investment in Brazilian waste-to-energy company ORIZON VALORIZAÇÃO DE RESÍDUOS S.A. (Orizon). The investment, which is nearly R$70 million (approximately $14 million USD), more than doubles the firm’s initial investment.

The latest funding from Lupine Crest again comes alongside eB Capital, the Brazilian investment firm that anchored previous funding to Orizon through which Lupine Crest participated. eB Capital arranged this investment from Lupine Crest, reflecting increased confidence in both the company and the broader Brazilian waste management and waste-to-energy sectors.

“This latest investment underscores our belief that extraordinary opportunities lie ahead for Orizon and the Brazilian waste and energy sectors,” said Jean-Pierre Conte, founder and chief executive officer of Lupine Crest Capital. “We are confident in Orizon’s management team and the company’s strategy to expand its landfill footprint both organically and through acquisition, and look forward to continuing to support the company throughout their growth.”

With this investment, Lupine Crest’s total investment in Orizon rises to R$125 million (approximately $25 million USD).

About Lupine Crest Capital

Lupine Crest Capital is a family office and investment firm dedicated to transforming companies into industry leaders. Founded by private equity veteran and longtime investor Jean-Pierre Conte, Lupine Crest Capital harnesses over three decades of expertise to support investments across a variety of sectors, including healthcare, financial services, software, and industrial technology. To learn more about the firm, visit lupinecrest.com.

About eB Capital

eB Capital is a leading Brazilian investment firm, recognized for transforming Brazil’s structural challenges into profitable business opportunities. eB Capital’s DNA combines both investment and operational backgrounds, a key competitive advantage for high value creation and high returns. The company has a proven track record creating national market leaders through a buy and build strategy, and by leveraging its deep knowledge on Brazil. With consistent top quartile returns since its inception, eB Capital’s investments include: Orizon, the largest management company in Latin America; Alloha Fibra, the largest independent fiber optic provider in the country; Proz, the leading professional education platform; Loja do Mecânico, the largest e-commerce for tools and machines in Latin America; Green PCR and Global PET, forming the country’s largest bottle to bottle plastic recycling company; and Hilab and Blue Health, both in diagnostic medicine, among others. eB Capital is also a frontrunner in the country’s climate investment agenda.

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SOURCE Lupine Crest Capital

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