Global data and AI firm Straive has acquired NextGen Invent, an AI engineering and enterprise services provider with offices in New York and Noida.
Straive, a global leader in data and artificial intelligence operationalisation, has announced the acquisition of NextGen Invent, an AI engineering and enterprise services provider serving clients across industries including life sciences and manufacturing. NextGen Invent has offices in New York, United States and Noida, India. Novistra Capital acted as the exclusive sell-side adviser to NextGen Invent. The acquisition is intended to accelerate Straive’s ability to build, run and transform client business priorities, bringing NextGen Invent’s vertical expertise in healthcare, life sciences and logistics and manufacturing into the Straive fold.
Ankor Rai, Chief Executive Officer of Straive, said the acquisition aligned with Straive’s focus on data and AI operationalisation, helping clients break free from the AI experimentation cycle and rapidly operationalise AI to deliver measurable business impact. Namit Sureka, President and Chief Analytics and AI Officer at Straive, said the integration of NextGen Invent’s engineers would help clients accelerate delivery, improve data reliability and operationalise AI at scale. Deepak Mittal, Founder and Chief Executive Officer of NextGen Invent, said the two companies shared a common vision of helping organisations thrive in an AI-first world, combining strengths in AI strategy, scalable AI enablement, governance and modern data platforms. Straive is owned by EQT, a global investment organisation, and operates through delivery teams spanning the Americas, Europe, Africa and Asia.
Source: Straive
