SAP India launches private equity advisory council

SAP India has launched a private equity (PE) advisory council, which will co-ordinate with various PE portfolio companies that have implemented SAP solutions.

"Our PE practice is well aligned with the PE lifecycle from due diligence through holding to the exit and helped over 150 PE portfolio companies in their value creation journey," Tamas Hevizi, global managing director and senior vice president, SAP Private Equity, said in the statement.

SAP will enable PE customers through process and IT maturity, risk insights at the time of due diligence, establish governance frameworks and ensuring IPO readiness at the time of exit.

"The SAP Private Equity Advisory council is a great platform to bring together the private equity firms and to articulate how we can work closely with each other to drive enterprise value," Alok Goyal, chief operating officer, SAP India, said.

SAP said that it plans to leverage its experience from its expertise globally, to help private equity firms across India achieve their investment objectives, through information technology.

"For the last three years we worked very closely with over 100 PE firms globally and 30 in Asia. We have developed a thorough understanding of how to best help the firms in the value creation efforts using SAP's industry, business process and technology expertise," Hevizi said.

SAP India has 4,835 employees and 200 partners implementing its solutions.

The company has been increasing its push in India facing competition from the likes of Microsoft and Oracle. In March, the company launched three new products in the areas of digitisation, policy framework and data for the Indian market.