Veltris & BPK Integration

• Expand Presence in High-Growth Healthcare & Beyond
• Strengthen industry-specific solutions across healthcare, dental, financial industrial, and technology by combining BPK's deep domain expertise in DSO workflows, dental insurance automation, and data management with Veltris's advanced capabilities in Digital Product Engineering, Data/AI, and Engineering R&D.
• Enhance Customer Diversification and Cross-Selling
  • Leverage synergistic expertise to expand into new customer segments, larger deals while deepening engagement and mining with existing clients.
  • Create end-to-end, scalable solutions that optimize operations, cost-efficiency, and digital transformation across a broader industry landscape.
• Accelerate Innovation, Growth & Talent Development
  • Deliver smarter products, connected experiences, and AI-driven transformation that help enterprises build, modernize, and monetize their platforms.
  • Provide employees with cross-functional collaboration and career growth opportunities across larger, high-impact projects and clients globally.

BPK Technologies will operate as a business unit within Veltris, with Rajeev Bhatia continuing to lead the BPK business and reporting directly to Hiral Chandrana, CEO and Board Member of Veltris.

The integration will be overseen by the leadership teams of both Veltris and BPK, with Sashi (sashi@veltris.com) as common lead of the Integration Management Office (IMO) working with stakeholders in both companies to leverage mutual strengths and synergies. You can also contact Naindeep Kaur (BPK HR) any suggestions or queries. During the 1st month, we will identify key contacts/leads from BPK and establish regular governance to ensure seamless communication for employees and clients.

Both companies use Zoho for majority of the HR and Revenue processes and that will continue. We see very little in terms of change in the systems, as part of the integration we will explore moving Zoho CRM which is what Veltris leverages.

This acquisition allows us to expand our capabilities and deliver even greater value and differentiation by combining:

• Veltris’s strengths in Digital Engineering, Data/AI, and digital connectivity
• BPK’s expertise in dental solutions, DSO workflows, and digital transformation

Together, we are now even better positioned to drive digital transformation, optimize operations, and drive innovation for our customers.

Yes, customers will continue working with their existing contacts. As the companies integrate, we will find opportunities to strengthen and provide additional value to our clients, through cross-sell and any changes will be discussed between leaders and communicated in advance.

No, there will be no disruption to any ongoing projects. Both Veltris and BPK are committed to ensuring continuity, customer success, and high-quality service delivery. As we progress, we will explore integration synergies, cross pollination to provide additional value to our clients. In addition, some employees will see expanded opportunities to contribute to the joint success. It is critical to ensure customer success with no disruption in delivery of client engagements.

This acquisition creates new growth opportunities for employees by:

• Expanding career growth pathways through larger projects and clients
• Enhancing learning and development with new training and upskilling opportunities
• Synergistic culture and DNA between Veltris and BPK teams
• Leveraging best practices and ability to contribute to increased business growth
• Opportunity to contribute to Agentic AI solutions/accelerators & innovation initiatives

Employees will continue in their current roles. As the companies integrate, if there are any expanded opportunities or role changes, those will be discussed with leaders and communicated transparently. Compensation structures will remain same in 2025 and as companies integrate there maybe opportunities to streamline grades and roles.

There will be no delays in payroll and reimbursements and the combined teams will make every effort to ensure timely closure of any pending items. Please contact Naindeep Kaur (BPK HR) for any concerns.

Change is part of Growth and Culture & Values are important for Veltris and success of the BPK integration. Naindeep Kaur along with Veltris Culture/L&D Leader (Geeta Raj) will be available to provide support and counsel on any concerns during transition.

There will be no layoffs as a result of this acquisition. Both organizations value the dedication and expertise of their teams, and this acquisition is designed to strengthen our collective capabilities and create growth opportunities.

Regular updates will be communicated through internal channels such as email announcements, Teams channels and all-hand meetings to ensure employees are informed throughout the integration process. Orientation sessions will also be conducted with information sharing on career growth opportunities, new resources available, etc.

There are no changes to work location or office culture. As part of the integration process, we will evaluate policies and processes to ensure alignment with the broader organization while maintaining fairness and transparency and will ensure it will be a net improvement for employees. Veltris recently moved to a new unified office in Hyderabad and that will be available for BPK employees.

The integration process will take place over the next few months as both companies develop a cohesive strategy to deliver more comprehensive solutions, deliver more value to clients and synergize operations. We will share updates and milestones as the process progresses. There will be critical items that need to be integrated in the 1st few weeks so there is no disruption to employee experience, back office processes and those details will be shared soon.

Both websites will include an announcement banner highlighting the acquisition and synergies. We will explore further brand alignment as the integration progresses, so customers see a united One Veltris organization to serve their expanded needs.

BPK finance team will continue and work with Veltris CFO (Alex Smith) and team to track progress on performance and metrics. Veltris will manage financial reporting for the combined organization which is required as part of compliance of the combined organization.

Any updates to payment details will be communicated to suppliers/stakeholders in due course. The US and India entities will change for most employees but we will ensure there is no disruption on any ongoing visa/green card process.