Ukrainian IT services company SoftServe announced the completion of its acquisition of the Indian technology services company NewVision Software, which specializes in software development and the modernization of IT infrastructure based on cloud technologies, according to a company press release published on Tuesday.
As part of the deal, more than 700 engineers will join SoftServe. Among others, NewVision Software CEO Kapil Godani and Co-Chairman of the Board Balan Ramaswami will also join the company.
It is noted that NewVision Software will continue to operate under its own brand as a wholly owned subsidiary of SoftServe.
According to Andriy Stitsyuk, SoftServe’s Chief Financial and Operating Officer, an increasing number of the company’s clients are developing large-scale GCCs (Global Capability Centers) in India, where business decisions are made and engineering development takes place.
“Being alongside these teams in the same time zones and work environment allows SoftServe to co-create solutions in real time and respond quickly to new opportunities,” Stitsyuk is quoted as saying in the press release.
“In SoftServe, we have found a partner that shares this vision and combines world-class engineering expertise with a deep commitment to client success. Together, we can offer clients broader capabilities, greater scale, and confidence in implementing AI initiatives, while maintaining the level of partnership and engagement for which our teams are renowned,” said Kapil Godani, CEO of NewVision Software, in the press release.
SoftServe is a global digital engineering and technology consulting firm specializing in AI, data, and cloud solutions. The company was founded in 1993 in Lviv. Approximately 10,000 employees work in 49 offices around the world. Taras Kitsmey, Yaroslav Lyubinets, Oleg Denis, Yuriy Vasylyk, and Taras Verveha are co-owners of the IT services company SoftServe; Harry Propper serves as CEO.
NewVision Software is an IT consulting and technology services company specializing in software development, intelligent managed services, product engineering, and agentic assurance. NewVision Software’s headquarters are located in Pune, India.
Vchasno Group, a group of Ukrainian IT companies, has signed an agreement to increase its stake in the home healthcare service “Medix Opika” (Medix Opika LLC and Medix Management Company), with which it began collaborating in 2025, to 73.5%, according to a company announcement on LinkedIn on Tuesday.
“Interest in ‘Medix Opika’ was driven by the service’s operational model, its potential for scaling, and the significant role of digital tools in the company’s operations,” Vchasno Group co-founder and CEO Mykola Palienko is quoted as saying in the release.
According to the announcement, by the end of 2026, the company plans to expand the medical service’s presence in communities and regional centers, develop specialized areas of medical care, and increase the volume of services for veterans with severe injuries.
According to information on the Vchasno Group’s official website, over the past year, “Medix Opika” has expanded its operations eightfold. Specifically, the company currently serves more than 8,000 patients, provides services in 19 regions of Ukraine, and employs over 350 doctors of various specializations who form multidisciplinary teams in the regions where the service operates.
It is noted that the medical care service operates under contracts with the National Health Service of Ukraine (NHSU) and provides medical services in a home care setting. The service’s activities include stabilizing patients’ conditions, providing medical care at home, and training family members on how to respond to emergencies.
Vchasno Group is a group of Ukrainian IT companies that creates digital solutions for businesses and the government; Mykola Palienko is the group’s co-owner and CEO. The company’s projects include the “Vchasno” service and the Zakupivli.Pro platform for government and commercial procurement.
The “Vchasno” service is designed for companies and individuals and allows users to sign, exchange, and store electronic documents. The ecosystem includes the services “Vchasno.KEP,” “Vchasno.EDI,” “Vchasno.Zvit,” “Vchasno.Kasa,” “Vchasno.TTN,” and “Vchasno. Kadry.”
According to data from YouControl, in 2025, Medix Management Company LLC (Khmelnytskyi) increased its revenue 4.4-fold—to UAH 127.94 million—while its net profit grew 11.3-fold—to UAH 15.38 million.
In addition to Zakupivli. Pro,“ which owns 73.75%, the co-owners of ”Medix Opika” also include Director Volodymyr Buzhan—5%, Oleksandr Rusin—15%, Dmytro Matsiuk and Serhiy Moskalchuk—2.5% each, as well as Oleksii Marunchak—1.25%, while the beneficiaries listed are Palienko – 41.25% and Rusin – 33.75%.
IT, medical services, Medix Opika, National Health Service of Ukraine, VCHASNO GROUP
Metinvest Digital LLC, the IT expertise center of Ukraine’s largest mining and metallurgical holding, Metinvest, reported a net profit of UAH 4.505 million in January–March of this year, compared to a net loss of UAH 13 million during the same period last year.
According to the company’s interim report, which is available to the agency “Interfax-Ukraine,” revenue from ordinary activities for this period increased by 13.2% to UAH 197.735 million.
Retained earnings as of the end of March amounted to UAH 64.058 million.
In 2025, the LLC reduced its net profit by 5.3 times compared to the previous year—to UAH 6.494 million from UAH 34.142 million, while revenue from ordinary activities for this period increased by 0.8%—to UAH 807.236 million from UAH 801.016 million.
The LLC ended 2023 with a net loss of UAH 9.525 million.
The number of employees as of the end of 2025 was 700, and as of the end of 2024, it was 764.
Metinvest Digital is a Ukrainian IT company specializing in the digital transformation of large businesses and implementing projects in Ukraine, Europe, and North America. The company develops, implements, and supports comprehensive IT solutions for building technological infrastructure, developing information systems, strategic outsourcing, data migration, system integration, cybersecurity, and information security. Metinvest Digital is the IT business partner of the Metinvest Group, serving over 30 of the holding’s enterprises worldwide. The company is a certified partner of Microsoft (Gold Certified Partner) and SAP (Silver Partner).
Metinvest Holding LLC owns a 100% stake in Metinvest Digital LLC.
The LLC’s authorized capital is UAH 78.740 million.
Metinvest is a vertically integrated group of mining and metallurgical enterprises. Its enterprises are located in Ukraine—in the Donetsk, Luhansk, Zaporizhzhia, and Dnipropetrovsk regions—as well as in European countries. The holding’s main shareholders are the SCM Group (71.24%) and Smart Holding (23.76%). Metinvest Holding LLC is the management company of the Metinvest Group.
There are currently over 480 businesses with majority Ukrainian capital operating in Serbia, including 161 companies and 320 entrepreneurs, according to Marko Čadež, president of the Serbian Chamber of Commerce and Industry, citing data from the Serbian Business Registration Agency.
“Mostly in the fields of IT, consulting services, trade, and small business,” he said in an interview with the agency “Interfax-Ukraine”.
For comparison, Čadež cited data from pre-war 2021, when 202 Ukrainian companies and 117 entrepreneurs were operating in Serbia. According to him, about 40% of them were subsequently closed, but after 2022, a significant number of new registrations were recorded.
“Last year, for example, not a single company or entrepreneur was closed,” he noted.
The president of the Serbian Chamber of Commerce and Industry added that Ukrainian business in Serbia is gradually shifting from traditional trade to digital and other knowledge-based services.
“The number of IT entrepreneurs, consulting firms, and design studios is growing year after year,” said Chadezh.
BUSINESS, IT, SERBIA, Serbian Chamber of Commerce and Industry, UKRAINE
Global spending on information technology (IT) in 2026 could increase by 13.5% and exceed $6.3 trillion, according to a press release from research firm Gartner.
“This forecast highlights the accelerated growth of AI infrastructure and advanced memory chip technologies,” said John-David Lovelock, a leading analyst at Gartner. “Investments in data centers are growing rapidly, which in turn is driving increased demand for high-performance computing. This dynamic creates significant growth opportunities for companies supplying AI-optimized processors and technologies.”
The most significant growth this year is expected to come from data center spending—up 55.8% to $788 million.
“Sustained demand combined with limited supply has led to record price increases for high-speed memory chips,” notes Lovelock. “This surge makes the memory segment a profitable area for chip manufacturers.”
Former majority owner of the Agro-Region agricultural holding and former Minister of Economic Development and Trade of Ukraine Aivaras Abromavičius will focus on investments in the Ukrainian technology sector and projects related to the future reconstruction of the country after selling the asset to the Kernel group.
“The day after the deal was closed, I already invested in a Ukrainian technology company. I think the corresponding press release will appear in the coming weeks. My wife and I want to remain very active people, so I am not planning to retire. On the contrary, now we must look at those Ukrainian companies that will become critically interesting when large-scale reconstruction begins,” he said during a Business Breakfast at Forbes Ukraine.
According to Abromavichus, shifting focus from the agricultural sector to IT and infrastructure projects is a logical step after almost 20 years of investing in Agro-Region. He noted that the technology market in Ukraine is currently showing high stability, and the upcoming reconstruction will create demand for assets in areas that will ensure economic recovery.
The investor added that despite his exit from agribusiness, he plans to attract foreign capital to Ukraine, focusing on companies with high growth potential.
Details of the new deal in the technology sector are not being disclosed until the investment round is officially completed.
Abromavichus also announced a number of promising areas for investment in Ukraine. He noted that the country has already become a “world champion in agrotech and militech,” so these are the areas to invest in. The businessman paid special attention to infrastructure and noted that although logistics was a step “where everyone wanted to be present,” now, due to falling prices, “it’s a different game.”
In his opinion, investors should focus on assets that will be in demand during reconstruction and software companies.
“I really like technology companies… we should go to Ukraine and look at them,” he concluded.
Aivaras Abromavičius is a Lithuanian-Ukrainian entrepreneur, former Minister of Economic Development and Trade of Ukraine (2014-2016) and former Chairman of the Supervisory Board of Ukroboronprom (2019-2020), who was a key partner of the investment company East Capital for a long time. Currently, Abromavičius owns shares in a number of Ukrainian IT startups and technology companies through controlled investment structures, and also has interests in real estate and consulting.
The sale of 100% of the Agro-Region group of companies (shareholders — Aivaras Abromavičius and Lars Erik Hokansson) to Andriy Verevsky’s Enselco group was one of the largest M&A transactions in Ukraine’s agricultural sector since February 2022. The investment company Dragon Capital acted as the exclusive financial advisor to the sellers, while OMP provided legal support. As a result of the acquisition of assets with a land bank of 41,000 hectares in the Kyiv, Chernihiv, Zhytomyr, and Khmelnytskyi regions, the Kernel Group (through Enselco) has increased its total land fund to 550-600 thousand hectares.
The Agro-Region Group is a high-tech integrated business comprising three operating clusters and approximately 200,000 tons of elevator capacity. The company specializes in growing corn, wheat, sunflowers, rapeseed, and soybeans, with an annual harvest of 200,000 tons. According to YouControl, at the time of the transaction, Aivaras Abromavičius owned a controlling stake in the holding (53.6%) through Garna Stockholm Holding AB, while Lars Erik Hokansson’s share was 44.28%. The deal was closed after receiving all necessary regulatory approvals, becoming a landmark investment signal for the industry amid martial law.
