Prabhakar finished his schooling at Vidya Mandir in 1985 and completed his B Com at Vivekananda College. After university he joined his family’s printing and packaging company in 1988. His 7-year stint with the family business, which was mainly a small-scale industry, provided experience in sales, finance and production. During this time he also set up a corrugated box factory and a paper distribution company.
He moved out in 1996 to set up Newgen Knowledge Works (P) Ltd to provide e-publishing services as an export business. Newgen started by providing typesetting to major publishers and over the years has built capabilities to provide services throughout the publishing value chain.
Newgen currently employees more than 800 people and has offices in the US and the UK. Newgen also has a subsidiary in the UK which provides technology solutions to the publishing industry.
In 2004 Carlyle invested in Newgen and subsequently exited in 2011 by selling their stake to three funds, Darby, Aureos and Eplanetventures.