Straive Acquires NextGen Invent to Strengthen AI and Data Operationalization
Straive, a global leader in Data and AI operationalization, has announced the acquisition of NextGen Invent, an AI engineering and enterprise services provider. The deal aims to enhance Straive's ability to deliver scalable AI solutions across industries, particularly in Life Sciences and Manufacturing.
Strategic Fit and Combined Strengths
NextGen Invent combines data and AI engineering with deep domain expertise to provide tailored business solutions. The company operates offices in New York, USA, and Noida, India. According to Ankor Rai, Chief Executive Officer at Straive, NextGen Invent's hands-on experience in developing and deploying AI solutions to automate complex industry-specific workflows aligns closely with Straive's focus on Data and AI Operationalization. Rai stated: "Together, we help clients break free from the costly AI experimentation cycle and rapidly operationalize AI to deliver measurable business impact."
Accelerating AI Deployment at Scale
Namit Sureka, President and Chief Analytics and AI Officer at Straive, emphasized that integrating NextGen Invent's forward-deployed engineers will accelerate Straive's ability to land and scale up client engagements. He noted: "Their vertical expertise in Life Sciences and Manufacturing will help clients accelerate delivery, improve data reliability, and operationalize AI at scale."
Shared Vision for an AI-First World
Deepak Mittal, Founder and CEO of NextGen Invent, expressed enthusiasm about the acquisition, highlighting the shared vision of helping organizations thrive in an AI-first world. Mittal commented: "By combining our strengths, we bring industry expertise in AI strategy, scalable AI enablement, governance, and modern data platforms. Backed by strong thought leadership, we help businesses move from intent to impact and from strategy to execution, with global reach."
Advisory and Disclaimer
Novistra Capital acted as the exclusive sell-side advisor to NextGen Invent. This press release is provided by BusinessWire India. The content is sourced from a syndicated feed and is published as received; The Tribune assumes no responsibility or liability for its accuracy, completeness, or content.
