R Systems Acquires Novigo, Boosts Full-Stack Agentic AI Power

R Methods Worldwide Restricted, a worldwide chief in digital product engineering, right this moment introduced that it has entered right into a definitive settlement to accumulate Novigo Options, a specialist in low-code/no-code (LCNC) improvement and intelligent-automation providers. The strategic acquisition creates a worldwide digital product engineering providers powerhouse with INR 20,600M (~$240M) income and INR 3,800M (~$45M) EBITDA, providing engineering, deployment, and administration of enterprise-scale fleets of AI brokers beneath a single, ruled platform.

Novigo has been rising strongly and delivered 44% income CAGR during the last three years with 25% EBITDA margin and wholesome free money stream.

The upfront money consideration for the transaction is INR 400 cr, with an extra inventory consideration linked to future EBITDA achievement. The acquisition might be EPS accretive for R Methods since yr 1.

This strategic transfer positions R Methods nicely to handle the evolving market panorama, as enterprises reallocate IT budgets in direction of autonomous, compliance-ready AI workflows. The acquisition integrates R Methods’ OptimaAI Suite with Novigo’s UiPath Diamond-tier automation apply and Microsoft Copilot Centre of Excellence, positioning the mixed entity as a pacesetter uniquely geared up to design, orchestrate, and function the clever enterprises of the longer term. The acquisition helps R Methods broaden its choices within the fast-growing Center East area and acquire supply presence in Bangalore and Tier 2 cities (e.g. Mangalore).

Novigo’s administration staff will proceed to be part of the mixed platform and drive development.

Nitesh Bansal, CEO & Managing Director, R Methods:

“This can be a pivotal second for R Methods, our purchasers, and our traders,” stated Nitesh Bansal, CEO of R Methods. “As enterprises transfer from pilots to production-grade AI brokers that are ruled by sturdy orchestration and compliance frameworks, the acquisition of Novigo Options acts as an accelerator in our journey to steer the Agentic AI revolution. By integrating Novigo’s automation depth into our OptimaAI portfolio, we are able to now take prospects from mannequin engineering to autonomous execution beneath one roof. It’s not nearly including scale; it’s about including synergistic, high-margin capabilities that translate into stronger outcomes for our purchasers. We’re thrilled to welcome the extremely proficient Novigo staff to the R Methods household.”

Praveen Kalbhavi and Mohammed Hanif, CEO and CTO, Novigo Options:

“We’ve got constructed a world-class apply in making companies sooner and smarter by means of low-code platforms and clever automation. Becoming a member of R Methods accelerates our mission to deploy agentic AI and automation instruments at scale. Now, supercharged by R Methods’ OptimaAI Suite, our UiPath and Microsoft agentic workforce could be deployed to unravel our purchasers’ most complicated issues. Our high-quality expertise throughout Mangalore, rising as India’s Silicon Seashore, and all our areas will complement the worldwide engineering strengths of R Methods. We sit up for rising the enterprise additional with R Methods.”

This capability-led acquisition reinforces R Methods’ technique of constructing a differentiated, high-growth digital product engineering agency. It gives a transparent path to management within the Agentic AI market, providing a compelling worth proposition for purchasers and companions centered on innovation.

Barclays acted as Novigo’s unique monetary advisor. The acquisition is predicted to shut within the coming weeks, topic to customary closing situations.

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