Leading global private equity firm TA Associates announced the completion of a strategic growth investment in Nous Infosystems, a global provider of AI-powered product and data engineering solutions to help drive digital transformation for its customers.
This partnership enables Nous to utilize TA’s global network, strategic resources, and extensive expertise in the digital IT sector to enhance its capabilities, expand into new verticals, and further scale its service offerings.
Originally founded in 1996, Nous offers a comprehensive service portfolio – from strategic consulting to execution, enabling customers to provide end-to-end digital transformation solutions across multiple industry verticals with a strong presence in banking, financial services, and insurance (BFSI). And Nous specializes in building mission-critical customer-facing applications, AI and automation, cloud transformation, data & analytics, digital experience solutions, software testing, infrastructure management, and application management services.
The financial terms of the transaction were undisclosed.
KEY QUOTES:
“Nous stands at the forefront of digital innovation, leveraging emerging technologies to support our customers as they enhance business operations and customer experiences. TA’s investment is a strong validation of Nous’ positive momentum and will help accelerate the next phase of growth.”
- Ajith Pillai, Founder and Chairman of Nous Infosystems
“Our recent customer testimonials and analyst recognitions stand as a validation of our technical expertise and the transformative impact we are making across diverse industries. We are excited to partner with TA to further enhance our capabilities, delivering best-in-class services for our global customers.”
- Anurag Chauhan, CEO of Nous Infosystems
“With an unwavering focus on innovation and client success, Nous has proven to be a highly valuable, collaborative partner for enterprises seeking to accelerate their digital transformation journeys. Nous’ strong technical expertise, AI labs, continued investments in IP, and suite of accelerators have particularly impressed us – all of which shorten the development lifecycle for customers. The tech-services industry is poised for disruption, and we believe deeply technical, domain-centric engineering companies like Nous are well positioned to grow faster than the overall market.”
- Adi Sharma, Managing Director at TA
“We have followed Nous for several years and have seen the business grow significantly during this period. What truly stands out are their longstanding, deeply integrated relationships with a high-quality customer base, which includes large enterprises, and a strong BFSI domain centricity. As longstanding investors in the digital IT and business services sectors, we see great potential for Nous’ continued expansion, both organically and through strategic M&A. We look forward to partnering with Nous to unlock the company’s next chapter of growth.”
- Dhiraj Poddar, Managing Director at TA
