JK Tech, a global leader in AI-powered digital transformation solutions, and Inveniam, a pioneering data integrity platform for private market assets, today announced a strategic partnership to revolutionize the alternative investment landscape. The collaboration will focus on transforming the global private markets through the development of Inveniam's next-generation platform for Alternative investments leveraging blockchain and AI to enhance data transparency, streamline transactions, and unlock new value for investors worldwide. This joint development is a combination of integrating JK Tech's IP enhancing Inveniam's capabilities around structured data and the continued utilization of JK Tech's advanced engineering capabilities with Inveniam's private market data operations orchestration. The partnership aims to set a new standard for efficiency and trust in private market investments. The next generation of private markets will be digital, and these will demand real-time data processing.
As part of the collaboration, JK Tech will integrate its Generative AI solution, JIVA, into the Inveniam platform. This integration will empower institutional investors, asset managers, and financial firms with enhanced automation, data-driven insights, and intelligent decision-making capabilities. Both companies are commiƫng significant joint investments to expand their reach across key markets in the US, Abu Dhabi, and India, reinforcing their dedication to transforming the alternative investment sector.
"This partnership with Inveniam exemplifies JK Tech's commitment to driving innovation in financial services," stated Sameer Nagpal, President & CEO of JK Tech. "By integrating JIVA with Inveniam's platform, we are enabling AI-driven automation and data integrity at an unprecedented scale, fundamentally transforming how alternative investments are managed and valued."
Patrick O'Meara, Chairman & CEO of Inveniam, added, "At Inveniam, we are dedicated to reshaping private markets at the intersection of blockchain and AI. JK Tech's world-class JIVA solution and their expertise in digital engineering significantly strengthens our ability to deliver a transparent, scalable, and automated future for alternative investments."
The partnership is expected to yield key business benefits, including AI-driven decision-making through advanced analytics, enhanced data integrity and security via blockchain, scalable global expansion, and automated investment workflows, ultimately empowering financial institutions with greater accuracy and intelligence in managing alternative investments. As alternative investments continue to grow globally, JK Tech and Inveniam's collaboration is poised to redefine private market infrastructure.
Shares of JAYKAY ENTERPRISES LTD. was last trading in BSE at Rs. 129.90 as compared to the previous close of Rs. 127.55. The total number of shares traded during the day was 37889 in over 395 trades.
The stock hit an intraday high of Rs. 133.10 and intraday low of 128.10. The net turnover during the day was Rs. 4971736.00.