INDIAN BUSINESS

Linedata Invests in Future of Finance: Acquires AI Specialist NROAD

The acquisition brings together complementary AI technologies and deep financial software & data expertise to accelerate innovation.

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Pune,April 7, 2025 – Linedata,(Euronext Paris: LIN),  a global provider of asset management and credit technology, data, and services, today announced the acquisition of NROAD, a proven specialist in AI-enabled automated unstructured financial data processing based in Pune, India and Boston. 

This strategic milestone enhances Linedata’s capabilities and transforms its approach to helping financial  institutions manage complex, volatile, and unstructured data through AI. As financial data volumes continue to  grow exponentially, the acquisition, combining NROAD’s shared vision, will help clients streamline operations,  reduce costs, and uncover deeper insights. 

By integrating NROAD's specialized AI agents, domain-specific solutions, and its proprietary CONVUS platform  into Linedata’s portfolio, the unified company will deliver a more powerful suite of tools for asset managers, credit  institutions, and compliance teams. With the integration, Linedata will be able to address a growing demand for  scalable AI-driven solutions that accelerate decision-making and improve operational resilience. 

The acquisition also strengthens Linedata’s position in the U.S. market, leveraging NROAD's strong regional  presence, while expanding its AI bench. NROAD’s existing clients—including global banks, rating agencies, and  payment processors—will benefit from enhanced infrastructure, broader support, and an expanded roadmap for  innovation. 

“We are delighted to welcome NROAD to the Linedata family,” said Anvaraly Jiva, Founder and CEO of Linedata. “This acquisition demonstrates our unwavering commitment to investing in transformative technologies  that enable our clients to excel in today’s data-driven environment. NROAD’s AI-powered financial data processing  expertise perfectly aligns with our strategic vision, allowing us to deliver exceptional value to our clients. Aashish  and his team of seasoned executives, including data scientists and AI experts bring extensive experience in  building and marketing successful fintech solutions for enterprises, which will be key in integrating and promoting  a combined offering. Having them onboard is a new and thrilling step for Linedata.” 

Aashish Mehta, Founder and CEO of NROAD, stated, “Joining Linedata represents a significant milestone for  NROAD. Linedata’s global reach and established infrastructure will allow us to expand the reach of our AI  solutions, accelerate our growth, and, more importantly, fast-track innovation and create additional value for our  clients. We are excited to collaborate with Linedata to drive innovation and transform how financial enterprises  manage and leverage unstructured data.” 

ABOUT LINEDATA 

With over 25 years of experience and 700 clients in 50 countries, Linedata’s 1300 employees in 20 offices provide  global humanized technology solutions and services for the asset management and credit industries, helping its  clients evolve and operate at the highest levels. Headquartered in France, Linedata achieved revenues of EUR 183.7 million in 2024 and is listed on Euronext  Paris compartment B FR0004156297-LIN – Reuters LDSV.PA – Bloomberg LIN:FP. linedata.com

ABOUT NROAD

NROAD transforms financial services with targeted AI agents and vertical solutions that process unstructured  content at scale. Leveraging years of experience creating innovative fintech solutions for enterprises, we solve the  industry's complex data challenges with intelligent automation, empowering enterprises to streamline operations,  boost accuracy, and drive strategic decisions. Our team's deep understanding of enterprise nuances ensures our  domain-led AI seamlessly optimizes critical financial workflows. NROAD is dedicated to AI innovation, providing  the tools and insights needed to thrive in the data-driven future. We build AI that understands the unstructured  content and language of finance. 

Press contact

Shradha Mehra

9711871108

shradha@talkingpointcommunications.com

Arit Kumar Panja

8860297174

arit@talkingpointcommunications.com

 

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