New Delh: IIRIS Consulting (Indus IntelliRisk and IntelliSense Services Private Limited), a technology-driven company specializing in digitisation, risk management solutions, and knowledge process outsourcing, has acquired publicly listed fintech firm Dion Global Solutions Limited. The acquisition follows the National Company Law Tribunal’s approval of IIRIS’ resolution plan on July 21, 2026.
The deal marks IIRIS’ entry into the listed company space and provides an immediate platform to expand its AI-powered IntelliFuture suite across Dion’s network of more than 250 financial institutions, including banks, stockbrokers, and wealth management firms. Dion’s clients include HDFC Bank, Canara Bank, Sharekhan, JM Financial, IIFL, Equitas Small Finance Bank, and several other leading financial institutions.
Under the approved resolution plan, valued at ₹802.93 lakh, IIRIS has infused fresh capital into Dion Global through the subscription of 50 lakh equity shares of ₹10 each. The combined entity aims to integrate Dion’s trading, distribution, and market data platforms with IIRIS’ AI-driven risk management and compliance solutions to offer end-to-end financial technology services.
IIRIS President Garry Singh said the acquisition aligns with the growing demand for digitised risk, compliance, and case management solutions across financial institutions. He added that the deal transforms IIRIS from a risk advisory firm with technology capabilities into a technology company backed by over three decades of financial market infrastructure.
The acquisition also strengthens IIRIS’ IntelliFuture portfolio, which includes AI-powered products for fraud classification, case tracking, asset tracing, audit management, DPDP compliance, risk monitoring, and digital record management.
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Sagarika Chakraborty, Co-Founder and CEO of IIRIS Consulting, said Dion’s established technology platforms complement IIRIS’ AI-based solutions, enabling intelligence and risk management capabilities to be embedded directly into clients’ operational systems. She added that the immediate priority is ensuring a seamless transition for Dion’s customers and employees while expanding the combined business into international markets.
With operations across India, the Middle East, Europe, and Asia, IIRIS plans to leverage its global presence to take Dion’s fintech platforms into new geographies while continuing to invest in product innovation, technology, and customer growth.
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