On March 11, 2025, Seroda Ventures, an esteemed investment and incubation firm in technology, announced a significant milestone in its journey as it reported the acquisition of its portfolio company, Kipi.ai, by WNS Holdings Limited, a notable entity listed on NYSE under the ticker WNS. This marks Seroda’s second successful exit in a mere two-and-a-half years, following the previous acquisition of Apisero by NTT Data.
Kipi.ai's Impressive Trajectory
Kipi.ai swiftly rose to prominence in the realm of data modernization and artificial intelligence-driven transformation tailored for the Snowflake AI Data Cloud. Positioned as one of the world's top Snowflake pure-play service providers, Kipi.ai delivered comprehensive AI, data science, and advanced analytics solutions to enterprises globally. The company's mission to enable organizations to modernize, centralize, and enhance their data strategies has established it as a leading force in AI-driven data transformation within the ecosystem surrounding Snowflake AI Data Cloud.
Keshav Murugesh, the CEO of WNS, stated that the acquisition represents a strategic maneuver aimed at amplifying WNS's capabilities in AI and data. He noted, "Kipi.ai's deep expertise in the Snowflake AI Data Cloud, along with its talented team and proprietary AI-driven accelerators, enhances our ability to provide advanced data and analytics solutions for our clients worldwide. We are thrilled to welcome the Kipi.ai team aboard, ready to capitalize on their expertise to drive innovation and transformation on a large scale."
Kipi.ai's Noteworthy Achievements
Some standout accomplishments that underline Kipi.ai’s remarkable journey include:
- - Snowflake Elite Partner: The firm has consistently been recognized at the highest tier for excellence in delivering Snowflake services.
- - 600+ SnowPro Certifications: Kipi.ai boasts one of the largest pools of Snowflake-certified talent globally, augmenting its value proposition.
- - 250+ Proprietary Accelerators: By leveraging advanced technologies such as AI, machine learning, and generative AI, Kipi.ai offers innovative solutions to facilitate business transformation.
- - 600+ Global Employees: The company is proud to have a diverse and highly skilled workforce comprised of over 450 data engineers, solutions architects, data scientists, and business analysts.
Looking Ahead with Confidence
Kranti Ponnam, Managing Partner at Seroda Ventures, expressed pride in the acquisition, highlighting Kipi.ai’s journey and Seroda’s role in nurturing such a promising venture. He remarked, "From the outset, Kipi exemplified our mission—building and scaling pure-play technology firms that excel within their ecosystems. This successful exit demonstrates our ability to identify high-growth opportunities, nurture them, and position them strategically for long-term success."
Vidya Peters, a board member at Kipi.ai, also reflected on the acquisition, stating, "The growth and impact Kipi.ai has had in the Snowflake ecosystem is exceptional. As AI utilization accelerates, businesses seek trusted partners to deliver scalable, effective AI solutions. Kipi.ai has positioned itself as a frontrunner in Snowflake services, and our acquisition by WNS will undoubtedly enhance our capabilities and global outreach."
With this latest achievement, Seroda Ventures continues to solidify its legacy in incubating and scaling high-growth, pure-play technology firms, with Kipi.ai now joining Apisero as a hallmark of success.
Kipi.ai was advised by Canaccord Genuity, a global investment bank, throughout the transaction process.
About Seroda Ventures
Seroda Ventures specializes in investing in and incubating high-growth IT service companies, focusing on turning them into industry leaders. Their profound expertise in areas like artificial intelligence, cloud computing, automation, and enterprise technology modernization underpins their collaborations with visionary founders, driving growth and significant market impact. With a proven record of nurturing and exiting firms that define their categories, Seroda is strategically poised to influence the future landscape of enterprise technology services.
For more details, please visit
www.seroda.com.