{"id":200438,"date":"2026-03-11T21:52:17","date_gmt":"2026-03-11T21:52:17","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-tx\/200438\/"},"modified":"2026-03-11T21:52:17","modified_gmt":"2026-03-11T21:52:17","slug":"ohios-yellow-stripes-capital-takes-majority-stake-in-plano-based-noblq-dallas-innovates","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-tx\/200438\/","title":{"rendered":"Ohio’s Yellow Stripes Capital Takes Majority Stake in\u00a0Plano-Based NoblQ \u00bb Dallas Innovates"},"content":{"rendered":"

Private investment firm Yellow Stripes Capital (YSC) has acquired a majority stake in NoblQ, a fast\u2011growing global digital transformation company based in Plano. The partnership bolsters NoblQ\u2019s position as a frontrunner in AI\u2011enabled enterprise modernization and reflects YSC\u2019s commitment to building next\u2011gen technology platforms, NoblQ said.<\/p>\n

The amount of the investment was not disclosed.<\/p>\n

\u201cThis partnership gives NoblQ the fuel to accelerate innovation that directly transforms client outcomes,\u201d Bala Chandra, CEO of NoblQ, said in a statement. \u201cWith YSC\u2019s expertise in operational scale and global expansion, we\u2019re positioned to lead the next chapter of enterprise AI adoption.\u201d<\/p>\n

Through its investment, YSC is partnering with NoblQ\u2019s leadership to advance its AI\u2011driven transformation strategy, improve delivery operations across North America, Europe, and Asia, and expand its digital engineering and enterprise modernization practices, the company said.<\/p>\n

\u201cWe invest in companies that are not just transforming industries but defining how technology enables growth,\u201d said\u00a0Harsh Acharya, founder and CEO of Yellow Stripes Capital. \u201cBala and the NoblQ team have built a global IT services powerhouse. Together, we\u2019ll scale their impact across industries ready for intelligent transformation.\u201d<\/p>\n

As part of the transaction, Harsh Acharya has been appointed chairman of NoblQ\u2019s Board of Directors, where he will direct the company\u2019s strategic growth and innovation initiatives alongside the executive team.<\/p>\n

Leadership transition and legacy<\/p>\n

The transaction also signals a leadership transition for Caldwell Velnambi, founder and former chairman of NoblQ, and Nepoleon Duraisamy, former co\u2011chairman and chairman & CEO of its subsidiary, Jeevan Technologies, both of whom have sold their remaining interests in the company.<\/p>\n

Under Velnambi\u2019s leadership, NoblQ transformed from an ERP services provider into a diversified global digital transformation partner, completing five strategic acquisitions and building a comprehensive portfolio across consulting, data, and platform modernization. Velnambi now is launching NoblQ Ventures, an independent venture capital firm.<\/p>\n

Duraisamy created a legacy of engineering excellence and workforce develotopment, establishing strong technology delivery foundations in India and the U.S.\u2014instrumental contributions to NoblQ\u2019s success and to the broader technology community, the company said. Over the past 25\u202fyears, he built Jeevan Technologies into a high\u2011performing professional services organization known for advancing innovation, client trust, and operational discipline.<\/p>\n

NoblQ and Yellow Stripes Capital thanked\u202fVelnambi and Duraisamy for their \u201cvisionary leadership, strategic foresight, and enduring contributions to the company\u2019s growth and evolution.\u201d<\/p>\n

NoblQ rebranded<\/a> from ERP Logic in 2023 when the company acquired Jeevan Technologies.<\/p>\n

Don\u2019t miss what\u2019s next. Subscribe\u00a0to\u00a0Dallas\u00a0Innovates.<\/p>\n

Track Dallas-Fort Worth\u2019s business and innovation landscape with our curated news in your inbox Tuesday-Thursday.<\/p>\n

\u00a0<\/p>\n

\tR E A D\u00a0\u00a0 N E X T\t<\/p>\n

\t\"\"<\/a><\/p>\n

Donna Letier took her gardening-as-wellness message to Times Square on Jan. 9.<\/p>\n

\t\"\"<\/a><\/p>\n

Siemens said the acquisition will empower customers with “a truly integrated digital thread from [printed circuit board] design engineering to manufacturing,” enabling earlier defect detection, reduced costs, accelerated time-to-market and improved product quality and reliability.<\/p>\n

\t\"\"<\/a><\/p>\n

Siemens Digital Industries Software says its new automotive technology platform for advanced vehicles can cut time to market from months to days.<\/p>\n

\t\"\"<\/a><\/p>\n

Here’s your guide to life in Dallas-Fort Worth. You’ll find a big-picture look at communities, culture, jobs, schools, entertainment, and the great outdoors. Discover why Dallas-Fort Worth is one of the fastest-growing regions in our digital edition.<\/p>\n

\t\"iambuff\/istockphoto\"<\/a><\/p>\n

With support from UTA\u2019s Research Enhancement Program, assistant professor Mahmoud Bayat is developing a digital twin platform to help officials adjust evacuation routes on the fly. The platform could inform future systems across cities, counties, and states for what he calls \u201ctruly resilient communities.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"Private investment firm Yellow Stripes Capital (YSC) has acquired a majority stake in NoblQ, a fast\u2011growing global digital…\n","protected":false},"author":2,"featured_media":1148,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[15],"tags":[79073,79074,39096,79075,79076,79077,79078,160,162,161,79079,79080,79081],"class_list":["post-200438","post","type-post","status-publish","format-standard","has-post-thumbnail","category-plano","tag-bala-chandra","tag-caldwell-velnambi","tag-digital-transformation","tag-harsh-acharya","tag-jeevan-technologies","tag-nepoleon-duraisamy","tag-noblq","tag-plano","tag-plano-headlines","tag-plano-news","tag-sap-and-digital-transformations","tag-yellow-stripe-capital","tag-ysc"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts\/200438","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/comments?post=200438"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts\/200438\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/media\/1148"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/media?parent=200438"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/categories?post=200438"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/tags?post=200438"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}