Aistra has announced the acquisition of a controlling stake in Veracity Services, a Singapore-based finance and accounting services company, as part of its strategy to expand its AI-augmented finance operations business and strengthen its global customer base.
The acquisition brings together Veracity Services’ finance and accounting delivery capabilities with Aistra’s AI-powered operational and transformation technologies.
Combined Platform to Focus on AI-Augmented Finance Services
According to the company, the transaction aims to establish a unified technology-led platform spanning finance, accounting, audit support, and transaction management services across international markets.
As organizations increasingly adopt AI-driven automation and analytics across financial operations, the combined offering is expected to integrate domain expertise with AI-enabled workflow solutions across core finance functions.
Veracity Brings Global Finance Delivery Capabilities
Veracity Services currently supports more than 20 clients across regions including North America, Europe, the Middle East, and APAC, with expertise in accounting operations, audit support, and transaction management services.
Aistra stated that its proprietary AI solutions integrated into finance workflows are designed to improve operational consistency, efficiency, and execution speed.
Expanded International Presence Across Key Markets
Following the acquisition, the combined entity will serve enterprises and accounting firms through an expanded operational network across cities including Mumbai, Pune, Dubai, London, New York, Singapore, Colombo, Brisbane, and Melbourne.
The expanded footprint is expected to support broader service delivery and access to international markets.
Focus on Long-Term Growth and AI-Led Transformation
Aistra stated that the acquisition reflects a shared focus on addressing evolving enterprise requirements through technology-led transformation initiatives.
The company said the combined platform will prioritize adaptability, operational resilience, and long-term value creation as organizations increasingly modernize finance and accounting functions through AI-enabled processes.
Leadership Quotes
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.”
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