Published 1 day ago • loading... • Updated 12 hours ago
Aistra acquires controlling stake in Veracity Services
The deal combines Veracity’s F&A delivery with Aistra’s AI tools to build a scalable finance platform for 20+ clients worldwide.
On Thursday, May 14, 2026, Mumbai-based Aistra announced the acquisition of a controlling stake in Singapore-based Veracity Services, combining AI-enabled technology with established finance and accounting domain expertise.
Integrating Veracity Services' established F&A delivery capabilities with Aistra's AI-augmented technology solutions creates a scalable platform for modernizing enterprise finance, accounting, and transaction management operations.
Veracity brings 20+ clients across North America, Europe, the Middle East, and APAC, with deep expertise in audit support and transaction management that strengthens the combined offering.
Sulakshana Patankar, Aistra co-founder and Group CFO, said the merger, "Combined with Veracity," will move AI solutions "beyond the hype to real and measurable value for all our combined clients."
The combined entity will operate across nine cities—Mumbai, Pune, Dubai, London, New York, Singapore, Colombo, Brisbane, and Melbourne—integrating proprietary AI solutions into finance workflows for faster, more efficient operations.