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Home > Business > Industry > IT > Persistent Systems acquires data privacy management firm Arrka for ₹14.4 crore

Persistent Systems acquires data privacy management firm Arrka for ₹14.4 crore

The deal expected to close within four to six weeks, upon completion, Persistent will hold a 100% stake in Arrka Infosec.

Abhinav Kumar Singh
Last updated: October 1, 2024 2:47 AM
By Abhinav Kumar Singh
Persistent Systems acquires data privacy management firm Arrka for ₹14.4 crore
Persistent Systems acquires data privacy management firm Arrka for ₹14.4 crore
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Persistent Systems, a technology services company, today announced the intent to acquire Arrka, a Pune-based data privacy management platform for ₹14.4 crore. The deal expected to close within four to six weeks, upon completion, Persistent will hold a 100% stake in Arrka Infosec.

This strategic acquisition significantly enhances Persistent’s AI-led, platform-driven services and strengthens its ability to provide comprehensive offerings in digital governance, including data privacy, AI governance, and cybersecurity, among others. With Arrka’s expertise, Persistent will help clients accelerate their transformation journeys while ensuring ethical, responsible, and compliant AI.

Sandeep Kalra, Chief Executive Officer and Executive Director, 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. 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.”

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Shivangi Nadkarni, Co-Founder, Arrka, said, “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, 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 confidently pursue their business goals while tackling these critical security concerns head-on.”

TAGGED:ArrkaPersistent Systems

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