Industry Newsroom

Prodapt Solutions Secures USD75 Million from Affirma Capital

India-based IT services provider Prodapt Solutions has raised USD75 million from Affirma Capital, an EM-focused private equity firm operated by the former management team of Standard Chartered Private Equity. Affirma has taken a significant minority stake in the company, which offers end-to-end IT services to telecom and digital services providers across the world. Prodapt represents Affirma’s fourth investment in India in the past twelve months.