Altimetrik and SLK Software join forces to create an AI-First Engineering Services Powerhouse
BANGALORE, India, June 28, 2025 /PRNewswire/ — Altimetrik, a pure-play AI, Information and Digital engineering options firm, as we speak introduced the signing of a definitive settlement to amass SLK Software program (“SLK”), a world know-how providers agency centered on delivering AI, intelligence automation and analytics options. The acquisition will additional strengthen Altimetrik’s end-to-end enablement providers and develop its buyer attain, with a transparent path to speed up in direction of Altimetrik’s objective of reaching $1billion in annual income. The transaction stays topic to customary closing situations and is anticipated to shut within the second half of 2025. Monetary particulars weren’t disclosed.
Based in 2000, SLK is acknowledged as a pacesetter within the tech {industry}, and for its dedication to create progressive digital options. This strategic acquisition will considerably improve the dimensions of Altimetrik’s capabilities, bringing collectively Altimetrik’s AI-first, platform-native engineering mannequin and SLK’s full know-how providers stack that may additional speed up the journey in direction of modernizing enterprise platforms for its prospects.
Altimetrik is among the many most advanced digital providers suppliers with superior knowledge and digital engineering capabilities, a chunk sized method that creates excessive ROI consumer outcomes and distinctive observe document of information and AI led deployments. Altimetrik will moreover leverage SLK’s deep buyer relationships, international operational footprint and complementary management expertise to additional ship innovation-led worth creation for patrons.
“In as we speak’s world, AI, and particularly Generative AI and Machine Studying, is the engine that’s driving true enterprise worth,” stated Raj Sundaresan, CEO of Altimetrik. “To allow an AI-First enterprise a strong knowledge cloud infrastructure that’s grounded in product and platform engineering rigor is essential. Our funding in SLK displays our intention to deepen our dedication to prospects who’re in search of digital, AI-driven options that allow enterprise worth creation at unparalleled velocity and scale. We’re extremely excited and sit up for welcoming SLK Software program to the Altimetrik household.”
“This isn’t a standard integration. It’s a strategic acceleration,” stated Parth Amin, Founder & Chairman of SLK Software program. “In Altimetrik, we’ve discovered a accomplice who shares our values of buyer intimacy, folks centricity, and a ardour for innovation and agility. Collectively we are going to unlock higher capabilities for our purchasers whereas preserving the velocity and responsiveness they belief us for.”
Upon the closing of the transaction, the mixed entity will serve a world buyer base of over 150 companies that embody Fortune 500 firms and a number of the most progressive tech enterprises. It can additionally allow a partnership community that features era-defining pioneers resembling OpenAI, Amazon Internet Providers, Snowflake, and Databricks. Collectively, the enterprise will make use of over 10,000 professionals around the globe to help prospects who’re of their digital transformation journey and are in search of progressive options to modernize legacy methods via leveraging knowledge and AI, whereas guaranteeing world-class governance, compliance, and platform safety. This contains organizations throughout various industries, from Monetary Providers & Funds to Pharma and Lifesciences, to Expertise and Manufacturing.
“Altimetrik and SLK coming collectively is a strategic leap for the {industry},” stated Puneet Bhatia, Co-Managing Companion and Nation Head, India of TPG Capital Asia and Board Member at Altimetrik. “This mixture creates an AI-first digital engineering platform with the dimensions, management, and execution muscle to ship significant outcomes throughout industries. With TPG’s observe document and expertise in supporting enterprise tech companies, we’re proud to have the ability to help this subsequent part of development and worth creation.”
“This acquisition underscores TPG’s funding thesis in know-how providers, which is listed on backing strategic know-how suppliers which can be main the information and AI transformation journey for patrons, with differentiated enterprise, pricing and supply fashions,” stated Vivek Mohan, Enterprise Unit Companion at TPG Capital Asia and Board Member at Altimetrik.
Highlighting the breadth and depth of the mixed enterprise, Raj Vattikuti, Board Member and Founding father of Altimetrik stated, “Past combining capabilities, bringing collectively the 2 companies is about scaling what we do greatest: fixing actual enterprise issues with precision and velocity. With SLK, we’re increasing our skill to carry {industry} context, simplify complexity, and ship AI-native transformation.”
Ajay Kumar, CEO of SLK Software program added, “SLK’s customer-first method has led to constructing choices powered by AI to ship excellent outcomes for our purchasers. As a mixed entity, SLK and Altimetrik are actually set to unlock distinctive worth and drive measurable influence at scale for our purchasers.”
Avendus Capital acted because the unique monetary advisor to SLK Software program. EY acted because the unique monetary advisor to Altimetrik and TPG.
About Altimetrik
Altimetrik is a pure-play AI, Information, and Digital enterprise providers firm. We give attention to delivering enterprise outcomes with an incremental, product-oriented method. Our industry-first, confirmed digital enterprise methodology offers a blueprint to develop, scale, and launch new merchandise to market quicker. Our group of 6,000+ practitioners with software program, knowledge, and cloud abilities builds an agile engineering tradition of collaboration and innovation that modernizes know-how and builds new enterprise fashions in bite-sized increments. As a strategic accomplice and catalyst, Altimetrik shortly delivers outcomes with out disruption. Acknowledged as a Main Contender in Everest Group’s BFSI IT Providers Specialists PEAK Matrix® Evaluation 2025 and a Product Challenger in ISG Supplier Lens™ 2024 for Superior Analytics and AI Providers, Altimetrik continues to prepared the ground in delivering cutting-edge digital transformation. Be taught extra at altimetrik.com.
About SLK Software program
SLK Software program is a world know-how providers supplier centered on bringing AI, clever automation, and analytics collectively to create modern know-how options for our prospects via a tradition of partnership with them, led by an evolutionary mindset. For 25 years, now we have helped organizations throughout various industries — insurance coverage suppliers, monetary service organizations, funding administration firms, and producers — reimagine their enterprise and resolve their current and future wants. Licensed as a Nice Place To Work®, we encourage an method of constructively difficult the established order in all that we do to allow peak enterprise efficiency for our prospects and for ourselves, via disruptive applied sciences, utilized innovation, and purposeful automation. Learn how we assist main organizations reimagine their enterprise at http://www.slksoftware.com.
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