
Business Update8 Jun 2026, 10:31 am
Intellect Carves Out Purple Fabric; Appoints Deepak Dastrala CEO
AI Summary
Intellect Design Arena Ltd. has strategically carved out its AI-first Purple Fabric business into an independent Line of Business (LoB). Deepak Dastrala has been appointed as the CEO and Business Head of Purple Fabric, reporting directly to Chairman and Managing Director Arun Jain. This move aims to accelerate growth by giving Purple Fabric a distinct identity and dedicated resources to thrive in the Business Impact AI market. Purple Fabric operates as an Enterprise Intelligence Operating System, boasting over 45 clients live and a 95%+ accuracy SLA.
Key Highlights
- Purple Fabric business carved out into an independent Line of Business.
- Deepak Dastrala appointed as CEO and Business Head of Purple Fabric.
- Strategic move to accelerate growth in the Business Impact AI market.
- Purple Fabric serves over 45 clients with 95%+ accuracy SLA.
Price Impact
More from INTELLECT