Arun Kumar Ramchandran Appointed as new QBurst CEO Amidst Growth Phase
QBurst Welcomes Arun Kumar Ramchandran as CEO
In a significant move to drive its future growth, QBurst has announced the appointment of Arun Kumar Ramchandran, widely recognized as 'Rak', as its new Chief Executive Officer. This decision comes on the heels of Multiples Alternate Asset Management acquiring a significant stake in the company, injecting approximately USD 200 million into QBurst. This transition marks a pivotal moment for the company, as it seeks to leverage Rak’s extensive experience in technology and digital consulting.
A Leader in Digital Transformation
With over 25 years in the industry, Rak brings a wealth of experience rooted in digital transformation and consulting. His previous roles have seen him lead initiatives across various sectors, ranging from startups to large Fortune 500 companies. Notably, Rak was instrumental at Hexaware Technologies, where he headed a rapidly growing unit focusing on high-tech and professional services, as well as the GenAI division, which has been essential in shaping the company's generative AI vision.
In addition to his time at Hexaware, he has held significant positions at leading firms such as Capgemini and Infosys, showcasing his robust ability to navigate and lead within complex market environments.
Vision for the Future
Expressing his excitement regarding his new role, Rak stated, “I am honored and excited to be stepping in as the CEO of QBurst at this important inflection point in its growth journey.” He further elaborated on QBurst's potential, highlighting it as a digital engineering firm positioned uniquely to harness upcoming technological disruptions. Rak aims to steer QBurst toward becoming a prominent technology and engineering services provider, focusing on the needs of clients across various industries and regions, including the US, Japan, South Africa, Europe, and the Middle East.
Multiples: A Strategic Partnership
The strategic move comes as Multiples, renowned for investing in transformational businesses, seeks to amplify QBurst's impact and global reach. Renuka Ramnath, the Founder and CEO of Multiples, along with Manish Gaur, the Managing Director, expressed confidence in Rak’s ability to significantly contribute to QBurst’s new phase of growth. They believe that Rak’s proven track record aligns perfectly with their ambition to build a platform that is distinctly AI-driven.
About QBurst
Established in 2004, QBurst has developed into a global product development and consulting powerhouse, boasting over 20 years of experience and a diverse portfolio of services that include cloud enablement, data and AI solutions, digital marketing, and more. With operations in 21 cities across 11 countries and a workforce exceeding 3,500 professionals, QBurst serves an array of global clients, catering to various industries.
Recognized by notable industry analysts like Deloitte and Statista, QBurst continues to thrive, upholding its reputation as one of the fastest-growing technology firms in India and across the Asia Pacific.
As QBurst gears up for this new chapter under Rak's leadership, the company is set to explore innovative pathways to further enhance its technology solutions in an ever-evolving digital landscape. The synergy between Multiples and QBurst fosters a promising future for these pioneering entities in the realm of technology and consulting.
Topics Business Technology）
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