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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
1787876
Unattributed
2211093
4085106
5747213
2876448
Sep 09, 2019
4281544
Unattributed
2619707
9434922
2598191
6260168
Jan 16, 2017
2956192
Unattributed
8523199
7341845
6571020
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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
ortiqwu
Team
-
Past
6y 8m
lplpthx
Team
-
Current
1y 1m
uipkyir
Team
-
Current
8y 6m
Independent board member
-
Current
6y 11m
rejseuv
Independent board member
-
Current
4y 5m
foxoefq
Independent board member
-
Current
1y 2m
mtqtgbc
Independent board member
-
Current
8y 3m
wsvcemd
Independent board member
-
Past
1y 2m

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
4048
6194
3656
3989
3799
Total Sales
1900
5344
3718
3213
1921
Total Expenses
9950
4440
3685
5112
2314
Operating Expenses
3515
5263
5000
7795
9802
Employee Expenses
2515
8502
7252
3695
8697
Marketing Expenses
1150
1050
7803
8408
2135
Operating Income (EBIT)
8332
8316
7935
2866
4468
Interest Expenses
1298
4003
4013
6697
3212
Expenses from other activities
9142
2458
2106
6515
8387
EBITDA
5137
7684
1783
6266
1182
Taxes
6081
3551
8256
8609
3396
Net Profit
4349
6888
2659
4771
2058
Balance Sheet
Assets
6515
6821
7065
3444
3210
Cash Equivalent
3116
7537
3217
4505
7795
Accounts Receivables
7096
1815
7753
7082
7634
Inventory
5446
6765
5658
7563
4405
Liabilities
9833
8749
6031
3411
8272
Total Debt
1603
4880
8439
4761
1585
Accounts Payable
8379
8659
6816
6446
2728
Equities
8447
1313
3400
2572
7914
Cashflow Statement
Cash from Operating activities
8800
7971
3232
1519
9529
Cash from Investing activities
1956
7739
9461
1795
5643
Net cash from Financing activities
4211
4915
9543
6795
5796

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
4215179
9965139
9690324
2708186
Fund
5.50%
8.94Cr
31005
36175
79350
16025
5
1
8
4
8
7
Parent Entity
54.41%
88.4Cr
9885754
6211032
7393802
1332868
Enterprise
16.80%
27.3Cr
5419001
3889977
1096542
9837125
Other People
2.53%
4.11Cr
23
74
58
36
ESOP Pool
9.01%
14.6Cr
4674321
5928764
5764418
6333658
Total
100.00%
163Cr
1896925
3745800
2999713
8772101
Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
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shareholding pattern of this entity
$9.99$4.23(excl. taxes)
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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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