All India– Investment banking firm TermSheet Capital advised Saicon Consultants Inc. and Pragmatyc Group deal with exclusive sell side mandates from Pragmatyc Group, leading valuation, negotiations and deal structuring on a transaction adding AI, AIoT, machine learning and computer vision to Saicon’s technology stack.
The mandate reflects TermSheet Capital’s approach- identifying targets that complement a buyer’s strategy, not just AI access. Amol Rathi, Founder & Managing Director, said, “Acquiring an AI company by itself does not create strategic advantage. The real value lies in understanding the capability a company needs, identifying the business that best complements that objective, and structuring a transaction where both organizations can create greater value together. We don’t measure success simply by whether a transaction closes—we measure it by the strategic value it has the potential to create after closing.”
That approach shaped Saicon’s search. Ramesh Lokare, Founder & CEO of Saicon Consultants, Inc., said, “We were not simply looking to acquire AI capabilities, we were looking for the right strategic partner to strengthen our long-term Enterprise AI vision. TermSheet Capital helped us sharpen our acquisition strategy, evaluate the strategic fit and structure a transaction that supports our future growth. Their understanding of both technology and business strategy added significant value throughout the process.”
TermSheet Capital’s role continued past signing. Rahul Bajait, on behalf of the Pragmatyc Founders, said, “TermSheet Capital supported us throughout the acquisition with strategic guidance, commitment and timely support, helping us navigate key decisions and bring the transaction to a successful conclusion. We particularly value that the relationship extends beyond deal closure and look forward to continuing our engagement with the TermSheet Capital team during the earn-out period.”
