Saicon Consultants, a US-based technology services company, has acquired Pragmatyc Group Private Limited, a Nagpur-based firm specialising in enterprise AI, AIoT, intelligent automation, and digital engineering. The deal marks Saicon’s third India-linked acquisition in a short span, following its purchase of SilverSearch in the United States and Valethi Technologies, also based in Nagpur.
Founded in 1998, Saicon provides technology, engineering, and consulting services to more than 80 enterprise customers through delivery operations spanning the US and India, with a workforce of over 1,600 employees. Pragmatyc brings expertise in computer vision, predictive analytics, and data engineering, capabilities the company says will strengthen Saicon’s ability to connect physical operations, enterprise data, and AI-driven intelligence for its clients.
“The acquisition of Pragmatyc strengthens Saicon’s capabilities in two areas that are becoming increasingly important to our clients — Enterprise AI and AIoT. By combining Pragmatyc’s expertise with Saicon’s global client relationships and delivery scale, we will be better positioned to help enterprises build intelligent, connected and more efficient operations,” said Ramesh Lokre, founder and CEO of Saicon Consultants
Pragmatyc’s founder framed the deal as a natural next step for a company that has spent recent years building deep, narrow expertise in AI engineering.
“Joining the Saicon Group is an exciting milestone in Pragmatyc’s journey. This partnership gives us the opportunity to combine our AI engineering expertise with Saicon’s global reach, enabling us to deliver innovative Enterprise AI solutions to customers worldwide while creating exciting growth opportunities for our team,” said Praful Lichade, founder and CEO of Pragmatyc
The acquisition reflects a broader pattern among US technology services firms, which are increasingly buying rather than building AI and AIoT expertise inside India’s tier-2 tech hubs, where specialised engineering talent is available at a lower cost base than in metro tech centres. Nagpur’s emergence as a repeat target for Saicon, following Valethi Technologies, suggests the company sees the city specifically, not just India broadly, as a delivery hub worth consolidating around.
For enterprises evaluating AI vendors, the deal signals a continued shift toward combining edge-to-cloud intelligence, where sensor data, industrial systems and AI models are stitched together across a single stack, rather than sourced from separate specialist vendors. Saicon has framed its recent acquisition run as a deliberate strategy to deepen expertise in high-growth technology areas while expanding its US market presence and global delivery footprint, positioning the combined Saicon-Pragmatyc business to compete for enterprise AI contracts that increasingly require both engineering depth and operational scale.
