inMorphis, a dedicated ServiceNow partner, secured its first institutional investment from Capital Square Partners to enhance its market expansion and AI capabilities, primarily focused on India and ASEAN markets.

Information on the Target

inMorphis, founded in 2015, is a dedicated ServiceNow partner headquartered in India, focusing on delivering enterprise service management solutions to global clients, particularly in the financial services and telecommunications sectors. With a robust team of over 350 skilled experts and a considerable pool of more than 1,200 ServiceNow certifications, inMorphis has established itself as a leader in service management, recognized as the ServiceNow APJ Partner of the Year for both 2022 and 2023.

The recent strategic growth equity investment marks an important milestone for inMorphis as it represents the company's first institutional backing. The funding aims to enhance its market capabilities and foster innovation, particularly in generative AI-enabled technology, enabling the company to further its growth in domestic and international markets.

Industry Overview in India

The technology and business services industry in India has experienced significant growth due to increasing digital transformation initiatives by enterprises. Companies are increasingly adopting cloud computing and AI technologies to streamline