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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
8155557
Unattributed
4044422
7430834
5017205
3650980
Sep 09, 2019
3362702
Unattributed
3354427
6142559
8046175
4049053
Jan 16, 2017
6558783
Unattributed
6231219
8908253
5919515
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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
bgzubaw
Team
-
Past
7y 7m
{zmpcdo
Team
-
Current
9y 7m
aytcmxc
Team
-
Current
8y 3m
Independent board member
-
Current
6y 11m
fdajfvr
Independent board member
-
Current
2y 2m
kcpvpre
Independent board member
-
Current
6y 8m
f{nwitg
Independent board member
-
Current
4y 2m
jkafwkv
Independent board member
-
Past
6y 8m

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
1336877
1442762
4249929
1473281
Fund
5.50%
8.94Cr
29676
17881
65781
26705
8
1
5
5
6
3
Parent Entity
54.41%
88.4Cr
8670068
3067927
3672580
9334829
Enterprise
16.80%
27.3Cr
5798895
7169495
3881158
6300653
Other People
2.53%
4.11Cr
61
79
21
59
ESOP Pool
9.01%
14.6Cr
2787580
7201520
6922648
5725738
Total
100.00%
163Cr
1066790
4637628
8613306
8876491
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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.
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FAQs about Prodapt

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