Close Menu

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    Aistra Acquires Controlling Stake in Veracity Services to Expand its AI-Augmented Finance & Accounting Business and Global Clientele

    May 14, 2026

    Envision Energy and Menderes Tekstil Strengthen Strategic Alliance to Accelerate Turkiye’s Energy Transition Through 120MW Beğendik Wind Project

    May 14, 2026

    ABB is first in world to offer a magnet-free IE6 motor for hazardous areas

    May 14, 2026
    Jeddah JournalJeddah Journal
    • Automotive
    • Business
    • Entertainment
    • Health
    • Luxury
    • Lifestyle
    • News
    • Sports
    • Technology
    • Travel
    Jeddah JournalJeddah Journal
    Home » Aistra Acquires Controlling Stake in Veracity Services to Expand its AI-Augmented Finance & Accounting Business and Global Clientele
    PR Newswire

    Aistra Acquires Controlling Stake in Veracity Services to Expand its AI-Augmented Finance & Accounting Business and Global Clientele

    May 14, 2026
    Facebook WhatsApp Twitter Pinterest LinkedIn Telegram Tumblr Email Reddit VKontakte

    ~Creates a unified AI-augmented platform spanning accounting, audit support, and transaction management across global markets~

    MUMBAI, India, May 14, 2026 /PRNewswire/ — Aistra, an AI Managed Services firm focused on transforming enterprise operations, announced the acquisition of a controlling stake in Veracity Services, a leading finance and accounting (F&A) services company based in Singapore. The move brings together Veracity Services’ established F&A delivery capabilities with Aistra’s AI-augmented technology solutions and transformation practices to build a more scalable and cutting-edge F&A platform.

    Veracity Services Logo

    As enterprises increasingly look to modernize F&A functions through AI-augmented automation and richer financial analytics, the combined Aistra and Veracity offering integrates domain expertise with AI-enabled tech solutions and execution across core F&A processes.

    Veracity Services supports 20+ clients across North America, Europe, the Middle East, and APAC, with significant expertise in accounting, audit support, and transaction management. Aistra enhances this with proprietary AI solutions integrated into finance workflows, driving faster, more consistent, and efficient operations. Together, they form a unified, tech-led Finance, Accounting, and Transaction Management practice capable of serving clients at scale.

    The combined entity will serve a diverse client base, including business enterprises and accounting firms with an expanded team across Mumbai, Pune, Dubai, London, New York, Singapore, Colombo, Brisbane, and Melbourne.

    Talking about the acquisition, Sulakshana Patankar, Co-Founder and Group CFO, Aistra, said, “Combined with Veracity’s exceptional talent and client service track record, Aistra will redefine how finance and accounting operations will take AI solutions beyond the hype to real and measurable value for all our combined clients.”

    Arul Sivagananathan, Board Member and Director, Veracity Services, said, “Veracity Services has built strong, long-standing relationships with clients across markets through consistent delivery and domain expertise. Partnering with Aistra enables us to develop new AI-based solutions, enhance existing ones, and make our team truly AI-native and future ready.”

    The acquisition underscores a shared focus on meeting the changing needs of global businesses, with a strong emphasis on adaptability, resilience, and long-term value creation.

    About Aistra

    Aistra is an AI managed services firm focused on transforming enterprise operations through the integration of AI and domain expertise. The company serves clients with proprietary solutions and customised services in areas including Finance & Accounting, Customer Experience, and AI Learning & Development.

    Media Contact
    info@aistra.com

    Logo: https://mma.prnewswire.com/media/2979149/Veracity_Services_Logo.jpg

     

    Cision View original content to download multimedia:https://www.prnewswire.co.uk/news-releases/aistra-acquires-controlling-stake-in-veracity-services-to-expand-its-ai-augmented-finance–accounting-business-and-global-clientele-302771353.html

    Related Posts

    Envision Energy and Menderes Tekstil Strengthen Strategic Alliance to Accelerate Turkiye’s Energy Transition Through 120MW Beğendik Wind Project

    May 14, 2026

    Iran War Oil Shock Reshapes MENA Trading Conditions as CFD Broker Mitrade Releases Trumponomics Ebook

    May 14, 2026

    ABB is first in world to offer a magnet-free IE6 motor for hazardous areas

    May 14, 2026

    YASH Technologies Recognized as a Major Contender in Everest Group’s Digital Workplace Services PEAK Matrix® Assessment 2026 – Mid-market Enterprises

    May 14, 2026

    Artmarket.com: The Artprice Manifesto: 22 Rules for a Regulated and Transparent Art Market in the Age of AI

    May 14, 2026

    Robo.ai Subsidiary Neurovia AI Launches NeuroStream™ Technology Platform to Build Physical AI Visual Data Infrastructure

    May 14, 2026
    Latest News

    Measles outbreak in Bangladesh leaves toll at 415

    May 12, 2026

    Mayon eruption widens farm toll as crop checks continue

    May 11, 2026

    UAE and Austria deepen strategic partnership talks

    May 9, 2026

    Egypt secures $1 billion World Bank reform support

    May 9, 2026

    ADB commits $30 billion for ASEAN by 2030

    May 9, 2026

    Space42 says Foresight boosts UAE space industry

    May 8, 2026

    UAE president and Greek PM hold Abu Dhabi talks

    May 7, 2026

    Nikkei 225 closes at record after topping 62000

    May 7, 2026
    © 2026 Jeddah Journal | All Rights Reserved
    • Home
    • Contact Us

    Type above and press Enter to search. Press Esc to cancel.