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Persistent Advances Data Privacy and AI-Driven Business Transformation with the Acquisition of Arrka

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2 years ago

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PUNE, India, Sept. 30, 2024 /PRNewswire/ — Persistent Systems (BSE: 533179) (NSE: PERSISTENT), a global pioneer in Digital Engineering and Enterprise Modernization, today announced the intent to acquire Arrka, a Pune-based company renowned for its decade-long data privacy expertise, its pioneering Data Privacy Management platform and growing expertise in AI governance. 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.

With the widespread adoption of AI, implementing and managing digital governance in general and data privacy and responsible AI are taking center stage for enterprises across industries. Persistent is addressing the opportunities in AI through strategic investments in innovative platforms like SASVA™, an in-house cutting-edge platform using generative and deterministic AI, as well as through tuck-in acquisitions such as that of Starfish Associates, to strengthen its position in AI-powered Contact Center and Unified Communications. The integration of Arrka is a critical component in scaling Persistent’s AI practice and addressing the rising demand for digital governance. It is a key to the Company’s strategy to deliver responsible, ethical, and comprehensive platform-driven digital solutions.

Arrka’s Data Privacy Management platform enables organizations to manage their data privacy risks and comply with multi-jurisdictional legal and regulatory requirements in an integrated manner. Persistent will integrate and significantly broaden Arrka’s offerings to establish deep capabilities across the digital governance and trust domain, including:

AI Governance and Ethics: Equipping organizations to implement and manage AI risks, ensuring trust and governance across their AI initiatives.Data Privacy: Scaling Arrka’s Data Privacy expertise to help businesses enhance and mature their ability to comply with multiple privacy laws and regulations in a holistic manner.Privacy in AI Product Engineering: Offering privacy-by-design capabilities that help embed ethical and trustworthy practices into AI development, thus ensuring transparent and explainable systems.Consent and Rights Management: Developing tailored solutions for managing user consent, handling data subject rights requests, and ensuring transparency in data processing across multiple platforms and jurisdictions.AI Systems Auditing and Compliance Management: Offering continuous compliance and auditing solutions to ensure comprehensive monitoring of AI systems.

Sandeep Kalra, Chief Executive Officer and Executive Director, Persistent: 

“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.”

Shivangi Nadkarni, Co-Founder, Arrka: 

“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: 

“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.”

About Persistent

Persistent Systems (BSE & NSE: PERSISTENT) is a global services and solutions company delivering Digital Engineering and Enterprise Modernization to businesses across industries. With over 23,500 employees located in 19 countries, the Company is committed to innovation and client success. Persistent offers a comprehensive suite of services, including AI-enabled software engineering, product development, data and analytics, CX transformation, cloud computing, and intelligent automation. The Company has been recognized as the “Most Promising Company” of the Year by CNBC-TV18 at the 2023 India Business Leader Awards. As a participant of the United Nations Global Compact, Persistent is committed to aligning strategies and operations with universal principles on human rights, labor, environment, and anti-corruption, as well as take actions that advance societal goals.

www.persistent.com

Forward-looking and Cautionary Statements

For risks and uncertainties relating to forward-looking statements, please visit persistent.com/flcs

Logo: https://mma.prnewswire.com/media/1022385/Persistent_Systems_Logo.jpg 

 

View original content:https://www.prnewswire.co.uk/news-releases/persistent-advances-data-privacy-and-ai-driven-business-transformation-with-the-acquisition-of-arrka-302262217.html

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PropAccount.com Adds Equities to Its Multi-Asset Prop Firm Platform, Opening the Door to the World’s Largest Trading Market

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7 minutes ago

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April 20, 2026

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White-label prop firm operators can now offer equities alongside forex, futures, and crypto, all inside one tech stack, at no additional cost.

BOCA RATON, Fla., April 20, 2026 /PRNewswire/ — PropAccount.com, which is powered by FPFX Tech, and operates as the world’s largest white-label prop firm provider, has announced the addition of equities trading to its offering, bringing the world’s largest financial market within reach of every prop firm operator on its network.

With equities now supported inside the PropAccount.com ecosystem, white-label partners can offer equities trading challenges in single-session and swing-trading varieties.

One Platform. Four Asset Classes.

PropAccount.com is recognized as one of the prop trading industry’s most comprehensive infrastructure solutions, supporting forex, futures, and crypto across leading platforms, including DXtrade, Match-Trader, cTrader, Rithmic, and Tradovate. The addition of equities completes the grand slam of assets.

For existing PropAccount.com partners, equities trading slots directly into the same infrastructure that already handles trader onboarding, challenges, automated risk rules, account management, KYC, and payments. There is nothing new to configure, no new vendor to manage, and no new cost to absorb.

For new operators entering the industry, the launch path is equally direct. PropAccount’s white-label model allows operators to go live in as little as seven days, with equities available alongside the full suite of supported markets.

A Market Too Large to Ignore

According to the Securities Industry and Financial Markets Association, U.S. equity market capitalization was at $68.2 trillion at year-end 2025, with daily trading volume averaging a record 18.6 billion shares. The numbers speak for themselves. Millions of traders worldwide focus on equities as a core part of their strategy, and the prop firm ecosystem has not offered this asset class – until now. PropAccount.com’s expansion into equities allows operators to reach this audience directly, building programs designed specifically for traders without fragmenting their existing infrastructure.

Wider Audience for Operators

For operators, the practical opportunity is audience expansion. Many equities traders have never engaged with a prop firm because no prop firm has spoken to them. Equities support on PropAccount.com changes that calculus, giving operators a direct path to a segment of the trading community that has largely been left out of the prop firm model.

The PropAccount platform handles risk monitoring, drawdown controls, scaling rules, automated payouts, trader dashboards, CRM, affiliate systems, and KYC: every operational layer required to run a professional prop firm. Adding a fourth asset class to that foundation required no new architecture. It was built to support it.

“Equities are the largest traded market in the world, and traders have been underserved by the retail prop industry for too long. Adding equities to our tech stack means our operators can now reach this audience directly with the equities they trade, without forcing them to adjust to equity CFDs.” – Justin Hertzberg, CEO of PropAccount.com

About PropAccount.com

PropAccount.com is the white-label prop firm infrastructure provider powered by FPFX Tech, the leader in prop trading technology. The platform enables entrepreneurs, trading educators, influencers, and IBs to launch fully branded prop firms in as little as seven days, using enterprise-grade technology covering trading platforms, risk tools, payments, KYC, affiliate systems, trader dashboards, and capital backing.

Contact:
Scott
***@propaccount.com

Photo(s):
https://www.prlog.org/13140490

Press release distributed by PRLog

View original content:https://www.prnewswire.com/news-releases/propaccountcom-adds-equities-to-its-multi-asset-prop-firm-platform-opening-the-door-to-the-worlds-largest-trading-market-302747650.html

SOURCE Propaccount.com

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Health Karma Launches PersonalCare Bundles to Address America’s Underinsured Crisis, Unlocking Immediate Revenue Opportunity

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7 minutes ago

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April 20, 2026

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LEESBURG, Fla., April 20, 2026 /PRNewswire-PRWeb/ — Health Karma Inc., a leader in proactive well-being and behavioral health solutions, today announced the national rollout of its Health Karma PersonalCare™ Bundles, a new product line designed to meet the urgent healthcare access needs of millions of uninsured and underinsured Americans – particularly independent contractors, part-time, and hourly workers.

Developed over the past two years and fully integrated into Health Karma’s proprietary mobile platform, the PersonalCare Bundles represent a scalable, direct-to-consumer healthcare access solution that is already gaining rapid traction across broker networks nationwide.

A Massive, Underserved Market – The launch comes at a critical time in the U.S. healthcare landscape:

Nearly 23% of working-age adults are underinsured, facing high deductibles and out-of-pocket costsApproximately 24 million Americans remain completely uninsuredMillions more experience gaps in coverage annuallyAverage deductibles now exceed $4,000, with marketplace plans reaching as high as $7,400+

These realities leave a significant portion of the workforce, especially gig workers and part-time employees, effectively locked out of timely, affordable care.

“We Are Not Insurance — We Are Access”:

Health Karma’s PersonalCare Bundles are not insurance products. Instead, they provide immediate, affordable access to healthcare services through a simple, app-based experience. Users can connect 24/7 with licensed physicians, Master’s-level behavioral health clinicians, receive diagnoses, and obtain prescriptions often at zero out-of-pocket cost within hours. One early user shared their experience after enrolling through a broker partner: “I had a severe breakout and couldn’t reach my primary doctor. Through the app, I spoke with a physician within an hour, received a prescription, and paid $0 for both the consultation and medication. The entire process took less than two hours and solved my problem completely.”

Immediate Revenue, Proven Demand – Health Karma reports strong early validation of the product:

Zero pushback from broker distribution channelsInitial pilot groups saw 127 immediate sign-upsNationwide rollout underway through thousands of insurance brokers and independent agentsAll bundles, even the entry-level bundles, generate significant and sustainable recurring revenue for Health Karma

With a growing network of over 100 experienced brokers ready to deploy, the Company anticipates rapid expansion in the coming quarters.

Flexible Distribution Model – The PersonalCare Bundles are uniquely positioned for mass adoption:

Available direct-to-consumer without employer sponsorshipNo requirement for licensed insurance agents to sellEasily deployable for employers via simple group enrollment and monthly billingAccessible across mobile, tablet, and desktop, with a seamless app-based interface

Part of a Broader Growth Strategy – This launch complements Health Karma’s expanding footprint across multiple high-impact verticals, including:

UniversitiesHealthcare and health benefit providersJustice-Impacted Reentry ProgramsFirst Responders and VeteransNative American tribal healthcare programsWorkplace violence response programsWorkers’ compensation solutions

Technology-Driven Expansion:

To accelerate adoption, Health Karma is preparing a 90-day rollout strategy leveraging advanced AI, SEO, and targeted digital marketing to reach high-need populations such as small business owners, gig economy workers, and uninsured individuals.

Executive Commentary:

Travis H. Jackson, CEO of Health Karma, stated: “This is one of the most important products we’ve developed. It directly addresses a massive and growing gap in the U.S. healthcare system. The demand is immediate, the feedback has been overwhelmingly positive, and the revenue potential is significant. We are moving aggressively to scale distribution and ensure this solution reaches the millions of people who need it most.”

About Health Karma Inc.

Health Karma Inc. delivers proactive well-being, behavioral health, and injury triage solutions through its innovative “1st Moment” model providing immediate, comprehensive support whenever and wherever individuals need care. By combining technology, accessibility, and real-time intervention, Health Karma is redefining how healthcare is delivered across both public and private sectors.

Learn more: www.HealthKarmaGroup.com

Media Contact: IR@healthkarmagroup.com

Media Contact

Robert Hood, Health Karma Inc, 1 9406342860, bob@healthkarmagroup.com, https://www.healthkarmagroup.com/ 

View original content:https://www.prweb.com/releases/health-karma-launches-personalcare-bundles-to-address-americas-underinsured-crisis-unlocking-immediate-revenue-opportunity-302746750.html

SOURCE Health Karma Inc

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Technology

V2X to Announce First Quarter 2026 Financial Results

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7 minutes ago

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April 20, 2026

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RESTON, Va., April 20, 2026 /PRNewswire/ — V2X, Inc., (NYSE: VVX), a leading provider of global mission solutions, will report first quarter 2026 financial results on Monday, May 4, 2026, after market close. Senior management will conduct a conference call at 4:30 p.m. ET that same day.

U.S.-based participants may dial in to the conference call at 877-300-8521, while international participants may dial 412-317-6026. A live webcast of the conference call as well as an accompanying slide presentation will be available at https://app.webinar.net/Q291YZzYJpN and on the Investors section of the V2X website at https://gov2x.com/.

A replay of the conference call will be posted on the V2X website shortly after completion of the call and will be available for one year. A telephonic replay will also be available through May 18, 2026, at 844-512-2921 (domestic) or 412-317-6671 (international) with passcode 10208314.  

About V2X
V2X builds innovative solutions that integrate physical and digital environments by aligning people, actions, and technology. V2X is embedded in all elements of a critical mission’s lifecycle to enhance readiness, optimize resource management, and boost security. The company provides innovation spanning national security, defense, civilian, and international markets. With a global team of approximately 16,000 professionals, V2X enables mission success by injecting AI and machine learning capabilities to meet today’s toughest challenges across all operational domains.

Investor Contact 
Mike Smith, CFA
Vice President, Treasury, Corporate Development and Investor Relations
IR@goV2X.com
719-637-5773

Media Contact 
Angelica Spanos Deoudes
Director, Corporate Communications
Angelica.Deoudes@goV2X.com
571-338-5195

View original content to download multimedia:https://www.prnewswire.com/news-releases/v2x-to-announce-first-quarter-2026-financial-results-302747820.html

SOURCE V2X, Inc.

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