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Prodapt - About the company

Prodapt is a late stage company based in Chennai (India), founded in 1999. It operates as a Provider of IT services for businesses. Prodapt has raised $75.5M in funding from investors like ServiceNow, Liberty Global and Affirma Capital, with a current valuation of ₹*****. The company has 155134 active competitors, including 1104 funded and 8736 that have exited. Its top competitors include companies like IBM, UST and Infosys.

Company Details

Provider of IT services for businesses. It offers services such as IT agility, digital transformation, network design and implementation, product engineering and more.
Social
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Email ID
*****@prodapt.com
Phone Number
+91 **********
Registered Address
72, MARSHALLS ROAD, IV FLOOR, RAJA ANNAMALAI BUILDING, EGMORE, CHENNAI, Tamil Nadu, India, 600008
Key Metrics
Founded Year
1999
Location
Chennai, India
Stage
Late Stage
Total Funding
$75.5M in 3 rounds
Post Money Valuation
₹***** as on Jul 24, 2024
Investors
Ranked
Annual Revenue
₹1,000+ Cr as on Mar 31, 2026
Employee Count
5,719 as on Sep 30, 2026
Investment & Acquisitions
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Prodapt's funding and investors

Prodapt has raised a total funding of $75.5M over 3 rounds. Its first funding round was on Jan 16, 2017. Its latest funding round was a Unattributed round on Jul 24, 2024 for $*****. 1 investor participated in its latest round. Prodapt has 11 institutional investors.

Here is the list of recent funding rounds of Prodapt:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jul 24, 2024
6958068
Unattributed
9294806
8901144
5421483
3093387
Sep 09, 2019
3887623
Unattributed
9679425
3211810
1150313
6669513
Jan 16, 2017
6187814
Unattributed
6768894
5250821
7032058
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Prodapt's founders and board of directors

Founder? Claim Profile

Prodapt's Board of Directors

Prodapt's board has 9 active members. Vedant Jhaver, Raju Venkatraman, Jai Kishan Jhaver and Manish Vyas are part of team and Udai Dhawan, Raju Venkatraman, Antony Jacob, Gollapudi Vishnu Vardhan and Rajiv Lochan Chellappa are independent board members.
Here is the list of Prodapt's board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
27y 7m
mudsajr
Team
-
Past
8y 4m
uecqml{
Team
-
Current
9y 5m
extgmhp
Team
-
Current
8y 9m
Independent board member
-
Current
6y 11m
dpzfeoz
Independent board member
-
Current
7y 9m
jbrnilz
Independent board member
-
Current
7y 3m
hjhp{ax
Independent board member
-
Current
4y 3m
eloiprm
Independent board member
-
Past
3y 5m

Prodapt's employee count trend

Prodapt has 5,719 employees as of Sep 26. Here is Prodapt's employee count trend over the years:
Employee count trend for Prodapt
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Prodapt's Competitors and alternates

Top competitors of Prodapt include IBM, UST and Infosys. Here is the list of Top 10 competitors of Prodapt, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for IBM
IBM
1911, Armonk (United States), Public
Provider of hybrid cloud, artificial intelligence, and IT consulting services
-
81/100
2nd
Logo for UST
UST
1999, Aliso Viejo (United States), Late Stage
Provider of data analytics, cloud modernization, management strategy, and digital transformation services
$250M
76/100
3rd
Logo for Infosys
Infosys
1981, Bengaluru (India), Public
Provider of consulting, data analytics, and IT services
-
75/100
4th
Provider of edge-to-cloud solutions, products, and services for enterprise organizations
-
74/100
5th
Logo for Deloitte
Deloitte
1845, London (United Kingdom), Unfunded
Provider of audit, consulting, financial advisory, risk management, and tax services
$21.4M
74/100
6th
Logo for Datamatics
Datamatics
1975, Mumbai (India), Public
Provider of digital technologies, business process management, analytics, and automation services
$3M
73/100
7th
Logo for Happiest Minds Technologies
Happiest Minds Technologies
2011, Bengaluru (India), Public
Provider of IT suite services
$64.8M
73/100
8th
Logo for Virtusa
Virtusa
1996, Westborough (United States), Acquired
IT services company
$45.2M
73/100
9th
Logo for Mindtree
Mindtree
1999, Bengaluru (India), Acquired
Consulting and implementations company
$23.9M
73/100
10th
Logo for EY
EY
1989, London (United Kingdom), Funding Raised
Provider of professional services including assurance, consulting, strategy, transactions, and tax advisory
-
73/100
123rd
Logo for Prodapt
Prodapt
1999, Chennai (India), Late Stage
Provider of IT services for businesses
$75.5M
62/100
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Financials of ProdaptFY 26 Available

PRODAPT SOLUTIONS PRIVATE LIMITED, the legal entity associated with Prodapt, generated more than ₹1,000 Cr in revenue for the financial year ending on Mar 31, 2026. The revenue of PRODAPT SOLUTIONS PRIVATE LIMITED has a compounded annual growth rate (CAGR) of 9% in the last 1 year.

Financial Statement Summary

Metrics
FY 2025-26
FY 2024-25
FY 2023-24
FY 2022-23
FY 2021-22
Income Statement
Revenue
8189
9119
9143
3451
2915
Total Sales
6544
6413
1346
1454
5210
Total Expenses
2684
2692
4196
5455
6214
Operating Expenses
8323
4743
6944
1393
8271
Employee Expenses
3007
6454
9966
6755
4028
Marketing Expenses
8027
6603
8571
3425
9445
Operating Income (EBIT)
1059
1777
7300
8389
2905
Interest Expenses
2924
8651
2979
3927
4837
Expenses from other activities
3339
4683
8551
4116
2961
EBITDA
9402
7169
7689
8661
6592
Taxes
7123
3838
6064
4806
7059
Net Profit
1408
7577
3473
2946
6584
Balance Sheet
Assets
7493
6420
9607
9205
6134
Cash Equivalent
8025
1239
3694
3075
9020
Accounts Receivables
8117
7629
2826
1044
5451
Inventory
2478
7044
8615
4267
7326
Liabilities
5647
9809
5703
6931
6539
Total Debt
9908
3269
6341
6952
8441
Accounts Payable
1604
1260
9484
6711
8697
Equities
3158
4070
5333
4388
1869
Cashflow Statement
Cash from Operating activities
2781
2143
3328
5775
7748
Cash from Investing activities
7129
5113
2101
2775
9625
Net cash from Financing activities
9332
8652
8410
2712
8143

Detailed Financials (Income Statement, Balance Sheet, Cashflow Statement)

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Prodapt's Latest cap tables and shareholding

Founders own 11.75%, Funds own 5.50%, Parent Entities (largest shareholder) own 54.41% and Enterprises own 16.80%. The net worth of Prodapt's founders is INR 19.1Cr as of Jan 16, 2017. The cap table displayed below is for PRODAPT SOLUTIONS PRIVATE LIMITED which is the legal entity associated with Prodapt.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
11.75%
19.1Cr
9036242
6290736
8719223
1240795
Fund
5.50%
8.94Cr
51989
61282
79374
29393
4
6
1
1
8
7
Parent Entity
54.41%
88.4Cr
6093172
1637816
9634453
3416175
Enterprise
16.80%
27.3Cr
9464667
3703224
6111896
1722697
Other People
2.53%
4.11Cr
63
85
41
16
ESOP Pool
9.01%
14.6Cr
6508894
5145392
1849965
6007733
Total
100.00%
163Cr
3265814
5030956
4224884
8195534
Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
Disclaimer
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shareholding pattern of this entity
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What documents will you get?
  • Latest Shareholding Summary - Ownership breakdown across founders, investors, and other stakeholders
  • Round-by-Round Cap Tables - Evolution of shareholding across funding rounds
  • Year-on-Year Cap Tables - Dilution trends over time

Prodapt's Investments and acquisitions

Prodapt has made 4 investments in companies including Wondrlab and Varaha. Prodapt has also acquired 3 companies including Synophic and SLR Dynamics.
Here is the list of investments & acquisitions:lockFilter this list
Date of Investment/Acquisition
Type
Company Name
Founded Year
Location
Jun 19, 2024
Investments
2020
Mumbai (India)
May 04, 2022
Investments
2022
Gurugram (India)
Jan 19, 2022
Acquisition
2009
Cupertino (United States)
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Reports related to Prodapt

Here is the latest report on Prodapt's geography:

News related to Prodapt

lockFilter this list
Media has covered Prodapt for a total of 3 events in the last 1 year, 1 of them has been about company updates and 1 about people movement.
•
Prodapt Appoints Dhanashree Bhat as Chief Delivery OfficerBusinessFortNight•Nov 05, 2025•Prodapt
•
NTT Data appoints Bhushan Patel as head of TMTCapacity Media•Aug 13, 2025•NTT DATA, Prodapt
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FAQs about Prodapt

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