Former President Cognizant Rajeev Mehta invests in Qualitest
BENGALURU: ex Competent President Rajeev Mehta has invested in an engineering and quality assurance company Qualitest and has joined its board. Headquartered in the US, Qualitest counts Microsoft, Google, GE and Intel as customers. It has development centers in Israel, UK, India and Romania.
Qualitest has developed a series of standard solutions across multiple industries including mobile testing, cyber security testing, and wireless network testing.
Mehta was in Competent for two decades and was part of former CEO Francisco D’Souza’s core team. He joined the company when it was barely a $25 million venture, and was an integral part of the journey that took it to $16 billion last year.
Mehta said there is a huge opportunity for independent testing to deploy tailor-made engagement models. Qualitest has expanded its portfolio to digital/continuous testing. Qualitest enhanced its capabilities after it acquired US-based Pytheus Cyber Security, a security testing company focused on penetration testing and application security testing.
Mehta will spend the next three months visiting a selection of Qualitest’s global offices in London, the US and India to understand the company’s best practices and customers.
Mehta is also an advisor in PE firm Bridgepoint, a pan-European PE investor focussed on acquiring market-leading businesses valued between € 200 million and € 1 billion. He has also taken up advisory roles in other PE companies. “My knowledge would help PE companies understand the tech companies better, the opportunities to grow and scale mid-sized companies,” Mehta told TOI. Bridgepoint has taken a majority stake in Qualitest, replacing current investor Marlin Equity Partners.