In a press briefing on Friday, March 14, 2025, the firm founded by tech entrepreneurs Myla Villanueva and Dr. William Yu – said the strategic move reinforces its position as a key player in digital transformation across the Philippines and the broader ASEAN region.
The acquisition comes alongside Novare’s rebranding, consolidating its expertise in APIs, cloud computing, and big data under a single, stronger identity.
This transformation aligns with the company’s mission to drive innovation, modernization, and customer experience for enterprises navigating an increasingly digital landscape, the firm said.
Expanding capabilities through Appistoki
With the acquisition of a 100-percent stake in Appistoki, Novare said it hopes to enhances its technological expertise and strengthens relationships with key industry players, particularly among Salesforce users.
Appistoki, headquartered in Singapore, serves clients in the United States, Singapore, India, Indonesia, Ireland, and the Philippines. The integration expands Novare’s global reach and its ability to deliver next-generation technology solutions.
Novare CEO Victor Silvino emphasized the strategic importance of the deal.
“With Appistoki joining the Novare Group, we are excited to deliver innovative solutions that embody our commitment to purposeful technology,” Silvino said.
Appistoki founder and CEO Abhijeet Kulkarni echoed the enthusiasm, citing a shared vision for technology-driven transformation.
Strengthening market leadership
The acquisition aligns with Novare’s broader strategy of equipping organizations with data-driven insights that enhance decision-making.
As digital transformation accelerates across industries, Novare’s expanded expertise in Salesforce solutions, AI, and automation positions it as a premier technology partner for enterprises, the firm’s officials said.
The move also supports the company’s commitment to sustainable progress. Novare aims to help businesses unlock new efficiencies, streamline customer engagement, and optimize operations through advanced digital tools.
Looking ahead
The integration of Appistoki into the Novare group of companies marks a milestone in Novare’s evolution. With an expanded portfolio and a unified brand, Novare is set to reshape the digital transformation landscape in the Asia-Pacific.
