SoftServe acquires India's NewVision Software
What's the deal? SoftServeDealroom has a profile for this one. Try Dealroom →, an Austin-based AI and technology services company, has acquired NewVision SoftwareDealroom has a profile for this one. Try Dealroom →, an India-based firm specialising in agentic assurance, product engineering, and intelligent managed services. Financial terms were not disclosed. NewVision will operate under its own name and brand as a wholly owned SoftServe company.
Why now? SoftServe cites growing demand for a delivery network closer to where clients work, including a rising number of its clients running Global Capability Centers in India.
What's the endgame? The deal deepens SoftServe's global footprint and its capacity to run large-scale transformation programs. NewVision CEO Kapil Godani said the combined firm can "accelerate AI initiatives with confidence" while keeping its "hands-on partnership."
SoftServe employs more than 10,000 people across 15 countries. NewVision's leadership — including Godani and COO Balan Ramaswamy — will stay on, providing continuity for clients and staff.
The signal: The acquisition reflects a wider push among technology services firms to build capacity in India and layer in AI capabilities, positioning SoftServe to compete on speed and scale in enterprise transformation work.
Read more: GlobeNewswire
