Novistra Capital, a boutique investment bank, today announced that it has acted as the exclusive sell-side advisor to NextGen Invent on its acquisition by Straive, a global leader in Data & AI Operationalization and a portfolio company of EQT.  

NextGen Invent is an AI enablement and technology services company with deep domain expertise across Healthcare, Life Sciences, and Logistics & Manufacturing. Headquartered in New York with delivery operations in Noida, the company delivers transformative outcomes through Strategy, AI Enablement, and Technology Transformation. 

The acquisition strengthens Straive’s AI engineering capabilities by bringing NextGen Invent’s forward-deployed engineers into the Straive fold, accelerating its ability to land and scale client engagements with faster delivery, stronger data reliability, and the operationalization of AI at scale. 

“Novistra Capital was far more than our investment banker, they became a trusted advisor and true partner throughout this journey,” said Deepak Mittal, Founder and CEO of NextGen Invent. “Their unwavering integrity, extraordinary commitment, and hands-on guidance were instrumental in helping us successfully navigate this transformational process and achieve a desired outcome for NextGen Invent.” 

 “NextGen Invent has fast established itself as a leading provider of specialized AI engineering solutions across Healthcare, Life Sciences and Manufacturing, and this deal will unlock further growth opportunities and synergies,” said Ash Mittel, Managing Director at Novistra Capital. “It was a pleasure working with Deepak Mittal and the NGI management team and we wish them all the best with this exciting next chapter.” 

This transaction reinforces Novistra’s track record as a leading M&A adviser serving founders and shareholders of tech-enabled businesses on complex, cross-border transactions. Novistra’s Tech & Services practice continues to support digital transformation firms globally, helping founders and investors navigate competitive processes and achieve strategic outcomes. 

About NextGen Invent 

NextGen Invent, an AI enablement and technology services company with offices in New York (USA) and Noida (India), focuses on delivering transformative outcomes through Strategy, AI Enablement, and Technology Transformation across Healthcare, Life Sciences, and Logistics & Manufacturing.  

The company brings expertise in Generative and Agentic AI, intelligent automation, anchored by foundational strengths in data analytics, cloud modernization, and digital product development. The company is known for its forward-deployed AI model, agile delivery, thought leadership, and a highly collaborative approach that places engineering excellence close to client challenges and outcomes. 

About Straive 

Straive is a leader in Data and AI Operationalization, helping global clients build and run AI-powered solutions that replace and transform the legacy enterprise, combining AI engineering, data expertise, and deep domain knowledge. Straive enables organizations to move rapidly from AI experimentation to measurable business impact. 

Serving clients across Financial & Information Services, Healthcare & Life Sciences, Retail, Technology & Media, Logistics & Manufacturing, Education, and Research, Straive operates globally through delivery teams spanning the Americas, Europe, Africa, and Asia. Straive is owned by EQT, a purpose-driven global investment organization focused on active ownership strategies.  

About Novistra Capital 

Novistra Capital is a boutique investment bank with offices in New York, London, Dubai, New Delhi, and Bangalore. The firm provides M&A advisory, capital raising, and strategic advisory services with deep expertise across Tech & Services, Education, Financial Institutions, Healthcare, Media & Events, and Hospitality.