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Home News Business

Persistent to Acquire Pune-based Arrka to advance its Data Privacy and AI-driven services

Arshi Khan by Arshi Khan
September 30, 2024
Persistent Arrka

Persistent Systems, a digital engineering and enterprise modernization company, intended to acquire Arrka, a Pune-based data privacy management platform, to accelerate its data privacy and AI-driven transformation services.

With Arrka’s expertise, Persistent enhances its AI-led, platform-driven services and strengthens its ability to provide comprehensive offerings in digital governance, including data privacy, AI governance, and cybersecurity, among clients while ensuring ethical, responsible, and compliant AI.

Nowadays, data privacy and responsible AI are paramount for enterprises across industries, with the widespread adoption of AI and the implementation and management of digital management.

The integration of Arrka is a critical component in scaling Persistent’s AI practice and addressing the rising demand for digital governance. It is a key to the Company’s strategy to deliver responsible, ethical, and comprehensive platform-driven digital solutions.

Arrka’s Data Privacy Management platform enables organizations to manage their data privacy risks and comply with multi-jurisdictional legal and regulatory requirements in an integrated manner. Persistent will integrate and significantly broaden Arrka’s offerings to establish deep capabilities across the digital governance and trust domain,

Sandeep Kalra, Chief Executive Officer and Executive Director of Persistent said, “Arrka’s acquisition perfectly aligns with our vision to deliver AI-driven services that fuel innovation and ensure data privacy, ethics, and compliance at every stage. By integrating Arrka’s expertise with our AI-led, platform-driven services strategy, we are empowering businesses to innovate responsibly while managing risk and compliance more effectively.

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“Their mature frameworks and Data Privacy Management platform provide a scalable foundation to ensure this new capability is platform-driven and embeds governance from the outset, which is now critical for successful AI implementations. We’re delighted to welcome Shivangi and her talented team as we strengthen our digital governance and data privacy offerings and shape the future of responsible AI together,” he added.

Shivangi Nadkarni, Co-Founder of Arrka, commented, “The acquisition by Persistent catapults Arrka onto the global stage. With the strength and resources of Persistent, we now have the opportunity to go from what has been a specialist boutique business working with select long-term clients in India to expanding our footprint into global markets and deepening our expertise rapidly in multiple areas of digital governance. Moreover, this has come at an opportune time, just when this domain is experiencing significant growth globally with the rise of AI. The Arrka team is excited by the opportunities ahead.”

Chirag Mehta, Vice President and Principal Analyst at Constellation Research, said, “As customers accelerate their adoption of AI, the urgency to address data privacy and compliance challenges has never been greater. Persistent’s acquisition of Arrka strengthens its AI-led, platform-first approach, empowering customers to pursue their business goals confidently while tackling these critical security concerns head-on.”

Also Read: Persistent Acquires Communications automation platform ‘Starfish Associates’

Arshi Khan

Arshi Khan

Arshi Khan is an editor at CXOVoice.com and has over three years of experience in tech business writing. In her role, Arshi covers significant developments in the tech industry. She has contributed numerous articles covering key IT, technology, banking, finance, and cybersecurity sectors. She provides valuable insights into the latest industry trends and developments, establishing herself as a knowledgeable and dedicated editor in the field. She can be reached at [email protected]

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