o3 Capital acted as the Exclusive Financial Advisor to TAO Digital on its acquisition by Cyient Limited.

We are pleased to announce that our client, TAO Digital, has entered into a definitive agreement to be acquired by Cyient Limited.

This transaction marks another significant milestone for o3 Capital in the Digital Engineering sector, reflecting our deep understanding of TAO Digital’s business and growth journey, while also underscoring our familiarity with Cyient’s strategic priorities and long-term vision.

Speaking on the transaction, T.R. Srinivas, Managing Partner at o3 Capital, said: “TAO Digital has built a differentiated, high-growth business with a strong track record of delivering transformation at scale. At o3 Capital, we believe in advisory that goes beyond the transaction, and we are pleased to have partnered with Raj and the TAO team throughout this journey. Having advised Raj across fundraising, acquisitions, and now this strategic transaction, this partnership reflects o3 Capital’s lifecycle banking approach and our commitment to supporting clients across key stages of their growth journey. We believe this combination with Cyient creates a compelling platform for future growth.”

RajKumar Velagapudi, CEO of TAO Digital, said: “o3 Capital has been a trusted partner throughout our journey. Their deep understanding of our business, strategic insight and hands-on execution support were instrumental in navigating the complexities of this transaction. We sincerely value their commitment and partnership, both through this process and across key milestones in our growth journey.”

TAO Digital, founded in 2022, has scaled at a remarkable pace to become a trusted partner for leading global enterprises across the Automotive, Hi-Tech, and HealthTech sectors. With a team of over 3,500 employees and operations spanning North America, Europe, APAC and India, TAO Digital tackles large and complex business and technology challenges with deep expertise in data engineering, AI-enabled platform solutions, digitization, and cloud services. Its customer-centric delivery model drives innovative and transformational outcomes at pace and at scale.

Cyient Limited is a publicly listed global Intelligent Engineering solutions company that delivers cutting-edge engineering solutions across products, plants, and networks for over 300 global customers — including 30% of the top 100 global innovators. With deep domain expertise and a world-class delivery platform, Cyient is at the forefront of the intelligent engineering revolution across transportation, communications, sustainability, and healthcare.

About o3 Capital

o3 Capital is a leading mid-market investment bank focused on delivering differentiated outcomes across private equity, M&A, structured finance, and strategic advisory. With deep sector expertise and long-standing client relationships, o3 Capital partners with entrepreneurs and institutions to drive transformational growth and value creation.