De-Risk IT Solutions recently launched its operations in the Indian market, where it would be providing the niche Governance Risk and Compliance (GRC) solutions to clients in India. The GRC solution would help data-rich enterprises to comply with legal and regulatory norms and industry best standards. The company would act as a value-added reseller for the Achiever Business Solutions to companies in India, West Asia and other Asia-Pacific markets “GRC is a very niche solution and not many players are in the GRC space in India. We would like to establish ourselves as an expert for the solution in the Indian market in the coming years,” informed S Senthil Kumaran, CEO, De-Risk IT. He also said that with the increasing amount of data every day, enterprises find it difficult to manage according to the industry standards, and the GRC solution would help those enterprises in governance, risk and compliance management. De-Risk has also proposed to provide security, audit and quality assurance solutions in the Indian market along with the currently offered GRC solutions and is scouting for tie ups with established companies in that space. “We are looking forward to partnering with other established companies in the security, audit and quality assurance space,” Kumaran claimed.

Initially De-Risk will tap the SMB and slightly large enterprises for offering the GRC solution. After establishing itself, they would take it to next level of enterprises. It has plans to invest $1.5 billion for its marketing activities in India for the next few years. De-Risk IT is an independent company promoted by its Director, S Sree Praveen, who owns an IT solutions firm in West Asia, along with two other investors. Currently headquartered in Chennai, De-Risk plans to expand its operations across Bangalore, Mumbai and Delhi over the next few months.

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