Acquisition Overview
PanScience Innovations (PSI), an AI and deep-tech venture studio, has completed the acquisition of Indika AI, a data-centric AI company established in 2021. The deal marks a significant milestone in India's AI ecosystem, bringing together PSI's research infrastructure with Indika AI's large-scale data operations expertise and deep footprint in public sector AI.
The combined entity is positioned to build secure, sovereign AI infrastructure across judicial, defence, infrastructure, and enterprise sectors — addressing a critical need for India-first, high-trust AI systems.
Indika AI's Core Platforms
Indika AI operates two primary platforms that will continue under PSI's stewardship:
DataStudio is an AI platform enabling programmatic data labelling and fine-tuning of foundational and specialised models. It provides enterprise and government clients with a structured, auditable pipeline for creating high-quality training data at scale.
FlexiBench provides access to approximately 70,000 pre-screened contributors for scalable data operations — enabling rapid deployment of domain-expert annotation workforces for any AI project.
Together, these platforms have supported foundation model developers and government institutions in digital transformation initiatives spanning judicial, defence, and infrastructure domains.
"By combining PSI's cutting-edge AI infrastructure with Indika's proven data-centric platforms and public sector expertise, we're turbocharging our ability to build secure, sovereign AI systems that can scale across India and globally."
Strategic Rationale
The acquisition accelerates PSI's ability to serve regulated, high-stakes sectors where data quality, provenance, and security are non-negotiable. Indika AI's established government relationships, sector-specific AI products, and operational workforce infrastructure provide an immediate foundation for PSI to expand into sovereign AI deployments.
PSI plans to continue operating Indika AI's core platforms while integrating them into its broader product ecosystem — preserving client continuity while unlocking new capabilities through the combined R&D pipeline.
"We built Indika AI on the belief that responsible and scalable AI starts with high-quality data. Now, with PSI as our partner, we're taking that vision to the next level — building AI infrastructure that India and the world can trust."
Leadership Transition
Hardik Dave, Co-founder and CEO of Indika AI, will assume a strategic consultant position to facilitate the transition and ensure continuity for existing clients and partners. His deep domain expertise and stakeholder relationships will remain central to the combined organisation's strategic direction during the integration period.
About PanScience Innovations
PanScience Innovations (PSI) is an AI and deep-tech venture studio focused on building and deploying advanced AI systems for high-impact, high-trust applications. PSI operates at the intersection of fundamental AI research and enterprise deployment, with particular focus on sovereign AI infrastructure, defence technology, and public sector digital transformation.
About Indika AI
Founded in 2021, Indika AI is a data-centric AI company that builds the data infrastructure powering AI systems across judicial, healthcare, infrastructure, and enterprise domains. The company's platforms — DataStudio and FlexiBench — serve foundation model developers and government institutions, supported by a workforce network of over 70,000 pre-screened contributors.