The deal will help Netscribes-Akira fortify its data analytics & engineering and AI/GenAI practice while creating a strategic presence in the Bengaluru talent market.
Mumbai, December 5, 2024: Netscribes, a leading insights, analytics and digital solutions firm, announced today that it has acquired Bengaluru-based Akira Insights, a specialist in data engineering, data analytics, and AI/GenAI.
Founded in 2013, Akira is a trusted partner for Global Capability Centers (GCCs) and Fortune 500 companies, providing tailored data engineering, data analytics, and AI/GenAI services. Leveraging its technological excellence and deep industry knowledge, Akira empowers organizations to become fully data-driven and stay competitive in a rapidly evolving market.
The acquisition aligns with Netscribes’ overall goal to advance its data engineering, data analytics, and AI/GenAI capabilities across multiple industries, such as retail, healthcare, financial services, and technology and is the first of several plans in the space. By incorporating Akira’s advanced platform and technical know-how, Netscribes plans to leapfrog the capability curve and provide more robust solutions by combining growth consulting, data analytics, data and product engineering, automation and AI/GenAI.
“Our mission has always been to stay ahead of the curve and help organizations be future-ready, irrespective of the stage they are at in their growth journeys. As growth catalysts, we thrive on understanding data and deriving actionable insights to build strategies – but we do not stop there; we are our clients’ implementation partners as well, and provide ongoing support across their diverse insights and innovation needs. Akira adds to our capabilities and enhances our reach in the data engineering and data science spaces, which are becoming the backbone of corporate strategy. Our clients look for insights, efficiencies and innovation from us on an ongoing basis and we are committed to adding any capability that makes their experience richer,” said Sourav Mukherjee, Founder & CEO of Netscribes.
According to Lokesh, Director & Co-Founder of Akira Insights, “AI and Analytics are driving the next wave of digital transformation. At Akira Insights, we believe in diving into the heart of business challenges and driving transformation in its truest sense for our clients by combining Data Engineering and Analytics capabilities with our consulting expertise. We are excited to join Netscribes and believe that our people and approach will complement their capabilities and help us scale up our impact across industries.”
The combined entity plans to scale up operations in Bangaluru over the next twelve months and will be looking to strategically hire into operations, pre-sales and business development roles soon.
About Netscribes
Netscribes Data & Insights Private Limited is a global data, insights, and digital solutions firm that helps fast-growing firms in the digital economy achieve strategic objectives. Our technology-driven solutions are designed to help modern enterprises thrive in a digital-first world, combat the threat of disruption, and build a competitive advantage. Our expertise lies in gathering data from varied sources, translating it into meaningful information, insights, or content, and using it to enhance customer journeys. Over the last two decades, we have helped both Fortune 500 companies as well as high-potential startups, across a range of industries, including technology, automotive, financial services, healthcare, retail & e-commerce, and CPG, leverage data to tackle disruption, understand evolving customers, and accelerate business growth. For further details, reach out to Gaurav Kumar, Head of Marketing, at gaurav.kumar@netscribes.com
About Akira Insights
Established in 2013, Akira focuses on cutting-edge data and analytics services, including expertise in cloud-based data engineering, data management, and business intelligence. The company is known for developing AI/ML-driven solutions that empower organizations to make data-backed decisions for sustainable growth. Its strong focus on technological excellence and deep consulting expertise has made it a trusted partner for businesses seeking to stay ahead in a competitive landscape.
