Persistent Systems acquires data privacy and AI governance company Arrka

Persistent Systems has acquired Pune-based Arrka Infosec for Rs 14.4 crore, with the deal expected to close within four to six weeks. Upon completion, Persistent will hold a 100% stake in Arrka, a Pune-based company specialising in data privacy management and AI governance.

Arrka’s platform helps organisations manage data privacy risks and comply with multi-jurisdictional legal and regulatory requirements in an integrated fashion.