Earlier this month, Persistent entered into an asset purchase agreement with US-based SoHo Dragon Inc. to acquire select assets. In June this year, the company disclosed its intent to acquire New Jersey-based Starfish Associates.
Arrka has operated in the data privacy space for a decade, known for its data privacy management platform, and its capabilities in AI governance, the company said in a filing with the BSE. This strategic acquisition will significantly enhance Persistent’s AI-led, platform-driven services and strengthen its ability to provide comprehensive offerings in digital governance.
The filing further stated, “With Arrka’s expertise, Persistent will help clients accelerate their transformation journeys while ensuring ethical, responsible, and compliant AI. As AI adoption continues to expand, the need for digital governance, particularly in data privacy and responsible AI, is becoming increasingly critical for enterprises across industries.”
Sandeep Kalra, CEO and executive director of Persistent Systems, said, “Arrka’s acquisition perfectly aligns with our vision to deliver AI-driven services that fuel innovation while ensuring 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.”
Shivangi Nadkarni, cofounder of Arrka, commented, “This acquisition by Persistent catapults Arrka onto the global stage. With the strength and resources of Persistent, we now have the opportunity to evolve from a boutique business working with select long-term clients in India to expanding our footprint in global markets. This comes at an opportune time, as the digital governance domain, particularly with the rise of AI, is experiencing significant growth worldwide.”
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