R Systems acquires Novigo Solutions, creating a $240 M AI engineering powerhouse with strong financial synergy.

• Deal includes Rs 400 crore cash upfront, plus performance‑linked stock tied to future EBITDA milestones for shareholders.
• Combined entity merges OptimaAI Suite, UiPath Diamond tier, and Microsoft Copilot, delivering end‑to‑end autonomous solutions globally.
• Expansion targets Middle East growth, Bangalore, and Tier‑2 cities, enhancing delivery capabilities and market reach.