Avendus Capital advises Raja Software Labs, a Digital Engineering Company, on its acquisition by Ness Technologies

Ness Digital Engineering (Ness), a global full-lifecycle digital services transformation company, today announced the acquisition of Raja Software Labs (RSL), a specialist in developing and enhancing high-volume mobile and web applications for leading technology customers. The acquisition strengthens Ness’s data and product engineering capabilities, particularly in the Technology, Media, and Telecom (TMT) sector, where Fortune 1000 clients trust Ness to boost revenue, create competitive advantages, and improve efficiencies.

Avendus Capital was the exclusive financial advisor to Raja Software Labs on this transaction.

Deal Value

Undisclosed

Service

Mergers & Acquisitions

Sector

Enterprise Technology & Services

Date

December 2024

The acquisition of RSL is complementary to Ness’s product engineering DNA and strengthens our TMT vertical. Ness will build on RSL’s expertise in mobile app development, IoT, and web front-end technologies. We are excited to welcome this talented team to Ness and look forward to expanding on RSL’s Silicon Valley presence to deliver even greater value to our Technology and ISV clients.

Dr. Ranjit Tinaikar

CEO, Ness Digital Engineering

We are excited to join Ness. Ness’s global presence, digital and cloud capabilities, and deep industry expertise will allow us to deepen our relationships and expand our range of offerings to our client base.

Raja Venkataraman

CEO, RSL

We are thrilled to have partnered with Raja Software Labs on this transaction. RSL’s deep expertise in mobile, web, and IoT application development, together with Ness’s global engineering capabilities and AI-powered platforms, strongly positions the combined entity to deliver high impact and innovative solutions to its clients.

Mr. Puneet Shivam

Executive Director, Head of US and Co-head BPO at Avendus Capital

About Ness Digital Engineering

Ness has long been a leader in intelligent engineering services, blending data, processes, and AI to drive the next generation of product engineering. The acquisition of RSL strengthens this foundation and adds specialized expertise in mobile app development. With RSL on board, Ness is set to expand its intelligent engineering capabilities, delivering world-class solutions to software product companies around the globe.

Mr. Venkataraman will join Ness’s leadership team and continue to lead RSL and its business relationships, ensuring a seamless transition and continuity for all stakeholders. The entire RSL management and development teams will become part of Ness's Engineering team and continue to provide the high-quality services their longterm clients have come to expect.