The Chennai-based IT & digital transformation company Prodapt is planning to double its investment to £100 million in the UK market.
Earlier this year, the company had established a new office in London to accelerate its growth. It is also planning to create over 500 jobs.
The company said, “The investment commitment is the result of a strong growth opportunity that Prodapt sees in the UK’s technology sector.”
UK Prime Minister Boris Johnson said, “Trade and investments between the UK and India are creating good jobs and sustaining livelihoods in both of our countries. I’m very pleased that Prodapt has decided to join the legions of Indian companies investing in the UK, boosting our technology sector, and driving economic growth.”
Vedant Jhaver, Chairman and CEO, Prodapt said, “As the UK has become a hub for technology and innovation in the Connectedness industry, it is natural to scale up our investment and commitment in the UK region.”
He added, “With this renewed vigor, Prodapt continues to be a preferred digital transformation partner to the enablers of the hyper-connected world.”
Prodapt accelerates digital transformation for its clients, using technologies like 5G, cloud, edge computing, and IoT. The company’s customers include leading UK telecom operators, digital/multi-service providers, and high technology companies.
