RELEASE: Straive appoints Ankor Rai as CEO

SINGAPORE, May 3, 2023 /PRNewswire/ -- Straive, a leader in delivering technology-driven data/AI solutions for EdTech, research and information services to leading global organizations, today announced the appointment of Ankor Rai, a experienced leader in data technology, as its CEO. Straive is owned by BPEA EQT, part of the EQT Group, a purpose-driven global investment organization focused on active ownership strategies.

Ankor succeeds Ratan Datta, who led Straive for over a decade, with the past seven years as President and CEO. As of May 1, Ratan will assume the role of Vice President to support the transition to Ankor and will remain a member of Straive's board of directors.

Ankor joins Straive from EXL, where he was a member of the Executive Committee and served as Executive Vice President and Chief Digital Officer. For more than 20 years, Ankor has led the growth of high-value data-driven technology businesses by developing high-impact solutions for Fortune 1000 companies in North America, the UK, and Asia. Ankor helped grow EXL's analytics business from a niche analytics practice to a full-stack analytics powerhouse. Prior to that, he was a partner at Inductis, one of the original data and analytics pioneers in the industry.

"Over the past 15 years, Ratan has been very influential in the growth and diversification of the company. The transformation it has brought to the company's strategy and structure leaves Straive well positioned for the future. On behalf of our Board of Directors , I would like to thank Ratan for his exceptional leadership at Straive. Ankor brings an outstanding track record of building customer-centric data, analytics and AI businesses to serve clients across industries and geographies. I am excited to welcome him welcome Ankor to the company, and I look forward to working with Ankor, complemented by our talented leadership team, to take Straive to new heights," said Josh Blair, Chairman of the Board.

"I am excited about the market opportunity for Straive. Today, we help our clients create new data, insights, and insights and integrate them into complex digital workflows for learning and education, scientific research, and other business operations. Tailored As our clients address new opportunities around data, analytics, AI and digital technologies, Straive's capabilities are critical to executing such complex transformations smoothly," said Ankor Rai.

"We are delighted to have Ankor join Straive as CEO. His experience building data analytics and AI businesses at scale, combined with experience integrating such next-generation capabilities into reimagined human-in-the-loop operations , is essential for our clients today. We look forward to Ankor deepening our relationship with our clients by adding even more value to their businesses," said Hari Gopalakrishnan, Partner, BPEA EQT.

About Straive (formerly SPi Global)

Straive is a market-leading content technology company providing data services, subject matter expertise (SME) and technology solutions for multiple domains including research content, e-Learning/EdTech and data/information providers. With a client base spanning 30 countries worldwide, Straive's multi-geo resource group is strategically located in seven countries: Singapore (headquarters), India, Philippines, US, Nicaragua, Vietnam and the UK.

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