Seroda Ventures Announces Strategic Exit as Incubated Firm Kipi.ai Joins WNS Holdings Limited

PR Newswire

GILBERT, Ariz., March 11, 2025

GILBERT, Ariz., March 11, 2025 /PRNewswire/ -- Seroda Ventures, a premier technology investment and incubation firm, today announced that its portfolio company Kipi.ai--a leader in data modernization and AI-driven transformation for the Snowflake AI Data Cloud-- has been acquired by WNS Holdings Limited $(WNS)$. This transaction marks the second successful exit for Seroda in the last two-and-a-half years, following Apisero's acquisition by NTT Data.

Incubated by Seroda Ventures, Kipi.ai rapidly emerged as one of the world's fastest-growing Snowflake pure-play services providers, delivering AI, data science, and advanced analytics solutions to enterprises worldwide. With a focus on helping organizations modernize, centralize, and scale their data strategies, Kipi.ai established itself as a market leader in AI-driven data transformation within the Snowflake AI Data Cloud ecosystem.

"The acquisition of Kipi.ai represents a strategic step in expanding WNS' AI and data capabilities," said Keshav Murugesh, WNS' Chief Executive Officer. "Kipi.ai's deep expertise in the Snowflake AI Data Cloud, combined with its highly skilled team and proprietary AI-driven accelerators, enhances our ability to deliver advanced data and analytics solutions to our global clients. We are excited to welcome the Kipi.ai team and leverage their capabilities to drive innovation and business transformation at scale."

Kipi.ai's Growth and Market Impact

   -- Snowflake Elite Partner -- Recognized at the highest partnership tier for 
      excellence in Snowflake services. 
 
   -- 600+ SnowPro Certifications -- Bringing one of the world's largest 
      Snowflake-certified talent pools to WNS. 
 
   -- 250+ Proprietary Accelerators & Solutions -- Leveraging AI, ML, 
      Generative AI, and advanced analytics to drive business transformation. 
 
   -- 600+ Global Employees -- Including 450+ data engineers, solutions 
      architects, data scientists, and business analysts. 

"The acquisition of Kipi.ai by WNS represents another milestone in Seroda's commitment to incubating and scaling best-in-class technology ventures," said Kranti Ponnam, Managing Partner, Seroda Ventures. "From its inception, Kipi has exemplified what we do best--building and scaling pure-play technology services firms that lead in their ecosystem. This successful exit underscores our ability to identify high-growth opportunities, nurture them, and position them for strategic, long term success."

"Kipi.ai's rapid growth and impact in the Snowflake AI Data Cloud ecosystem have been extraordinary," said Vidya Peters, Board Member, Kipi.ai. "As AI adoption accelerates, enterprises are looking for trusted partners who can deliver scalable, real-world AI solutions. Kipi.ai has done exactly that, establishing itself as a leader in Snowflake services and AI-driven data transformation. This acquisition by WNS will further amplify Kipi.ai's capabilities and global reach."

With the success of its latest exit, Seroda Ventures continues to build a legacy of incubating and scaling high-growth, pure-play technology services firms--first with Apisero, a leader in MuleSoft and iPaaS integration, and now with Kipi.ai, a world-class Snowflake services provider.

Kipi.ai was advised by global investment bank, Canaccord Genuity, in the transaction.

About Seroda Ventures

Seroda Ventures is a leading investment and incubation firm focused on scaling high-growth IT services companies into industry leaders. With deep expertise in AI, cloud, automation, and enterprise technology modernization, Seroda partners with visionary founders to accelerate growth and create long-term market impact. With a proven track record of building and exiting category-defining firms, Seroda is shaping the future of enterprise technology services

For more information, visit www.seroda.com.

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SOURCE Seroda Ventures

/CONTACT: Savannah Cole, savannah@seroda.com

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March 11, 2025 09:00 ET (13:00 GMT)