Impetus Technology- Technology [AI]

Impetus Technologies raises strategic funding exceeding $350M from Kedaara Capital

EY acted as the sole and exclusive financial advisor to Impetus Technologies

EY served as the sole and exclusive financial advisor to Impetus Technologies on securing a strategic investment exceeding US$350 million from Kedaara Capital, marking it EY’s 23rd technology deal and its 7th transaction in AI and Data space.

Impetus Technologies is a U.S.-headquartered specialist in AI, data, and cloud engineering, serving Fortune 500 clients. The company is renowned for automating up to 95% of legacy ETL and data transformation processes.

Kedaara Capital is an India-based private equity firm managing over US$6 billion in assets. It backs market-leading businesses across sectors through a CEO-led partner model and deep operational expertise.

We are proud to have facilitated this partnership, which is poised to leverage the acceleration in data and AI adoption across end markets. We reckon this is perhaps the largest transaction in the AI and Data IT services segment in last 2 years and highlights EY’s proficiency in fostering strategic partnerships between founders and investors, supported by our deep understanding of industry dynamics and founder priorities to deliver bespoke solutions.