• Movate, a Plano-based digital technology company, has acquired Bangalore-based AI startup Prescience Decision Solutions to strengthen its AI and data science capabilities.
• Prescience, known for expertise in data science, machine learning, and MLOps, will bring over 100 engineers and data scientists into Movate's global operations, enhancing services in sectors like retail, healthcare, and manufacturing.
• The acquisition aligns with Movate's vision of becoming an AI-first organization, combining Prescience's agility with Movate’s digital infrastructure to deliver scalable, ROI-driven AI solutions to enterprise clients worldwide.

Plano-based digital technology services company Movate has made a strategic play in the startup ecosystem through the acquisition of Bangalore-based AI and data science startup Prescience Decision Solutions. The deal is a key milestone in Movate's growth strategy, especially in artificial intelligence, as the company looks to expand its capabilities in providing intelligent, outcome-based services.

India-based Prescience is a specialized AI startup known for data science, advanced analytics, machine learning, and MLOps. Having served a customer base in verticals like retail, manufacturing, healthcare, and automotive, the startup has established a strong track record of applying real-time, predictive insights and scalable AI solutions. With more than 100 data scientists and engineers, its team will now be integrated into Movate's global operations.

The transaction furthers Movate's vision to be an 'AI-first organization'. The acquisition, according to Movate CEO Sunil Mittal, further strengthens the company's depth in AI and emerging analytics. "This strategic acquisition of Prescience, a pioneering AI startup, enables us to design paradigm-shifting, enterprise-class AI solutions that harness tangible business results", added Mittal. The synergy will propel our capabilities to provide real-time ROI to international clients and enhance their competitive edge in a fast-changing digital economy.

By fusing Prescience's startup speed and strong analytical knowledge with Movate's established digital transformation infrastructure, the company aims to accelerate innovation in AI-driven business services. Movate will adopt Prescience's established startup processes in data engineering and predictive analytics to enhance its AI, generative AI, and intelligent automation solutions.

The transaction also heralds wider momentum in the AI startup M&A market, as large tech service providers increasingly look for innovative, startup-originated solutions to remain competitive. The deal not only highlights the importance of niche AI startups in facilitating enterprise transformation, but also lays the groundwork for future partnerships between fast-moving startups and world-leading tech powers.

While the financial terms of the deal are not public, this strategic investment is anticipated to augment Movate's portfolio of services and reinforce its market leadership in providing smart, data-led solutions to global clients. The Prescience acquisition, which is a top-tier AI startup, distinctly demonstrates Movate's ambition to infuse advanced AI in all its services.