Investment Summary

NTT DATA Invests In Proven Tech

On June 11, 2024, NTT DATA invested in information technology company Proven Tech

Investment Highlights
  • This is NTT DATA’s 16th transaction in the Information Technology sector.
  • This is NTT DATA’s 1st transaction in India.

Investment Summary

Date 2024-06-11
Target Proven Tech
Sector Information Technology
Investor(s) NTT DATA
Deal Type Stake Purchase

Target

Proven Tech

Hyderabad, India
Proven Tech specializes in providing cutting-edge GenAI-driven Quality Management and Manufacturing solutions to the Pharma, Healthcare, and Food industries. Proven Tech was founded in 2020 and is based in Hyderabad, India.

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Investor(S) 1

Investor

NTT DATA

Tokyo, Japan

Category Company
Founded 1967
Sector Information Technology
Employees197,777
Revenue 4.64T JPY (2025)
DESCRIPTION

NTT DATA is a IT services provider and global innovation partner with 80,000 professionals based in over 40 countries. NTT DATA emphasizes long-term commitment and combines global reach and local intimacy to provide premier professional services, including consulting, application services, business process and IT outsourcing, and cloud-based solutions. NTT DATA was founded in 1967 and is based in Tokyo, Japan.


DEAL STATS #
Overall 26 of 30
Sector: Information Technology M&A 16 of 20
Type: Stake Purchase M&A Deals 1 of 1
Country: India M&A 1 of 2
Year: 2024 M&A 2 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-05-27 NTT DATA Payment Services

Kuala Lumpur, Malaysia

NTT DATA Payment Services is a payment solutions provider offering in-store, e-commerce, and cross-border payment services across Southeast Asia. NTT DATA Payment Services is based in Kuala Lumpur, Malaysia.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-10-11 Aoop

São Paulo, Brazil

Aoop is a consultancy specializing in professional services, hyper-automation, digital experiences, and total Experience and focused on service design. Aoop was founded in 2017 and is based in São Paulo, Brazil.

Buy -