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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
XFacebook
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 Jan 16, 2017
Investors
Ranked
Annual Revenue
₹1,000+ Cr as on Mar 31, 2025
Employee Count
5,715 as on Aug 31, 2026
Investment & Acquisitions
Similar Companies
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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
9185194
Unattributed
8603967
3463740
7887522
6325853
Sep 09, 2019
8656636
Unattributed
3372496
6214166
3993558
4853094
Jan 16, 2017
2496430
Unattributed
9416418
6832192
6036314
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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
jkdlyef
Team
-
Past
4y 9m
eahfcln
Team
-
Current
8y 8m
ibqpvza
Team
-
Current
2y 1m
Independent board member
-
Current
6y 11m
gfwec{a
Independent board member
-
Current
3y 2m
mpdlely
Independent board member
-
Current
6y 7m
zxvdabi
Independent board member
-
Current
6y 3m
xvk{lej
Independent board member
-
Past
8y 9m

Prodapt's employee count trend

Prodapt has 5,715 employees as of Aug 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
60/100
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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.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
11.75%
19.1Cr
9152419
6048321
6488138
3619456
Fund
5.50%
8.94Cr
91840
99387
96508
73233
2
6
3
5
7
6
Parent Entity
54.41%
88.4Cr
5644235
3533945
9516841
5713478
Enterprise
16.80%
27.3Cr
5963190
7516621
4712151
6443055
Other People
2.53%
4.11Cr
91
91
23
81
ESOP Pool
9.01%
14.6Cr
9404614
7995988
1167056
5052914
Total
100.00%
163Cr
5668232
1703645
7966988
3624109
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Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
Disclaimer
View more details of Prodapt's Shareholding

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

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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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