Alex said: “I was there [at Pangea3] almost from day one so it’s a big change. But I think it’s time to do something different. Two years from the acquisition I think I was getting too comfortable.”

He graduated from NLSIU Bangalore in 1998 and was at Kochhar & Co between 2001 and 2005, leaving as a partner before joining Pangea3 in 2006.

It is understood that the LPO will not directly replace Alex, who was based in Mumbai, but divide his responsibilities between the jobs of the senior management team, including head of India Mohan Ayyangar and New York-based global head of Pangea3 and sole post-acquisition managing director, Greg McPolin.

Alex’s departure follows the planned exit of co-founders Sanjay Kamlani and David Perla in late 2012, after Thomson Reuter’s acquisition of the LPO in 2010.

Umair Muhajir, vice president global litigation solutions, and Karla Bookman, vice president corporate & compliance solutions, continue in Pangea3's senior management.

Alex said that the LPO’s business had integrated very well into the parent organisation since the buy-out.

At Rainmaker, Alex will become CEO taking over the role from Nikhil Chandra, who will become founder and chief strategist. Alex said that he would be taking equity in the company. He will head up its education business taking over from Bhavin Patel, who left the company early last year.