Acquisition Overview
IIRIS Consulting, operating as Indus IntelliRisk and IntelliSense Services Private Limited, announced on 24 July 2026 in New Delhi that it has acquired Dion Global Solutions Limited, a publicly listed fintech company that has been serving banks, stockbrokers and wealth managers in India and international markets for more than three decades. The acquisition follows the approval of IIRIS’s resolution plan by the National Company Law Tribunal on 21 July 2026, and implementation is now underway, marking IIRIS’s entry into the listed‑company space.
Combined Capabilities and Client Base
The transaction combines IIRIS’s technology‑led, AI‑enabled risk‑management capabilities with Dion’s fintech platform, which currently serves over 250 institutions, including HDFC Bank, Canara Bank, Sharekhan, JM Financial, Indiabulls Ventures, IIFL, Jhaveri Securities, Equitas Small Finance Bank and BgSE Financials Limited. IIRIS President Mr Garry Singh stated that digitisation, automation for transactions, risk and compliance, and an auditable trail are the primary demands of banks, brokers and wealth managers, and that the acquisition will enable IIRIS to extend Dion’s reach to international geographies while creating new products under the Dion umbrella.
IntelliFuture Suite
At the core of the combined offering is the IntelliFuture suite, a family of seven AI‑enabled products developed from IIRIS’s investigation and risk experience: IntelliTracker, which digitises fraud complaint and criminal case monitoring in line with RBI reporting requirements; AI Fraud Classification Assistant, which classifies fraud cases using each bank’s own procedures; Asset Tracing Automation, which converts land and property records into actionable recovery intelligence; Risk Dashboard, which provides multi‑tenant, location‑wise visibility of risk across an institution’s network; DPDP Consent Management Platform, which manages data‑protection consent and compliance obligations end‑to‑end; IIRIS Audit, which digitises audit operations from planning through reporting; and DigiMemoir, a digital visitor book that preserves messages of dignitaries as institutional memory.
Leadership Comments and Future Plans
Ms Sagarika Chakraborty, Co‑Founder and Chief Executive Officer of IIRIS Consulting, emphasized that IIRIS’s expertise in investigations, forensic intelligence and risk advisory has been transformed into the IntelliFuture suite, and that Dion’s platforms already embedded in more than 250 banks, brokers and wealth managers allow the intelligence previously delivered as reports to become an operational capability within client systems. She noted that the immediate focus is a seamless transition for Dion’s clients and employees.
International Expansion
IIRIS also highlighted its international footprint, with offices and products deployed across India, the Middle East, Europe and Asia, which will open markets that Dion’s platforms have not yet reached. The firm is committed to taking Dion into these new geographies while investing in the next generation of products for the combined client base.