KPMG Brings Aboard AI Development Platform PrivateBlok
•February 9, 2026
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Companies Mentioned
KPMG
Why It Matters
The move bolsters KPMG’s AI talent pool, positioning the firm to offer faster, higher‑value AI‑driven services to enterprise clients and compete more aggressively in the consulting market.
Key Takeaways
- •KPMG acquires PrivateBlok’s founders and team
- •Enhances KPMG’s AI‑first product development capabilities
- •Expands multi‑agent systems across finance, change, diligence
- •Supports software‑based commercial models for persistent services
- •Leverages KPMG’s existing AI platforms like Workbench, Clara
Pulse Analysis
The Big Four are accelerating AI talent acquisitions to keep pace with client demand for intelligent automation, and KPMG’s integration of PrivateBlok reflects that broader industry shift. By bringing a Bangalore‑based team with deep expertise in configurable multi‑agent architectures, KPMG not only expands its internal development capacity but also gains a proven framework for turning raw data into actionable insights. This aligns with the firm’s strategic push to embed generative AI across its service lines, from audit to advisory, and reinforces its competitive stance against peers who are similarly investing in AI talent.
PrivateBlok’s core technology centers on a secure knowledge base that fuses public and proprietary datasets, delivering AI‑powered copilots that can navigate complex investment‑lifecycle tasks. The platform’s multi‑agent design allows for modular, scalable solutions that can be customized for finance, change management, and due‑diligence workflows. For KPMG, this means faster prototyping of AI‑first products and the ability to offer clients persistent, software‑driven services rather than one‑off consulting engagements. The acquisition also deepens KPMG’s capability to embed agents directly into its existing tools such as Workbench and Clara, creating a more seamless user experience.
For clients, the partnership promises quicker access to AI‑enhanced decision support and a shift toward subscription‑style delivery models that reduce upfront costs. In a market where AI adoption is becoming a differentiator, KPMG’s expanded AI talent pool could translate into higher billable rates, stronger client retention, and new revenue streams from AI‑native products. Competitors will likely respond with similar talent grabs or strategic partnerships, intensifying the race to commercialize generative AI solutions across professional services. The long‑term impact may reshape how consulting firms monetize expertise, moving from project‑based fees to ongoing, AI‑driven service contracts.
KPMG Brings Aboard AI Development Platform PrivateBlok
KPMG announced Monday that the founders and employees of PrivateBlok, an artificial intelligence development platform based in Bangalore, India, with a U.S. office in Princeton Junction, NJ, have joined the Big Four accounting firm.
Financial terms of the deal weren’t disclosed.
KPMG said the transaction grows its existing bench of AI talent and builds on the firm’s work of embedding generative AI capabilities directly into KPMG’s offerings via platforms like Workbench, Clara, and Digital Gateway.
The PrivateBlok team will continue to grow KPMG’s capabilities in building native AI products, which aligns with KPMG’s overall efforts to enhance client outcomes, foster a culture of innovation, and drive strategic investments, the Big Four firm said. The team will focus on developing AI‑first products, enabling persistent services through software‑based commercial models, and advancing client offerings.
Patrick Ryan
“The addition of the PrivateBlok team means that KPMG will be able to build AI‑first products that deliver greater value to our clients—and support them for the long haul,” Patrick Ryan, national managing partner of advisory strategy and markets, said in a statement. “This is about speed and impact: world‑class multi‑agent expertise inside KPMG so clients see better outcomes, sooner.”
PrivateBlok is recognized as a developer of a configurable multi‑agent system that integrates public and proprietary data into a secure knowledge base with AI‑powered copilot capabilities, enabling corporations to improve efficiency, gain deeper insights, and make smarter decisions across the investment lifecycle.
Novistra Capital served as exclusive financial advisors to PrivateBlok.
“We’re thrilled to join KPMG to help pair KPMG’s industry expertise with practical AI agents to solve real client problems—finance, change, diligence—right now,” PrivateBlok CEO Sachin Manchanda said in a statement.
“Our dedicated AI products team will transform ideas into scalable, client‑ready tools,” added Dimple Sadhwani, chief of AI, technology and operations at PrivateBlok.
KPMG said it currently offers a suite of AI tools and agents that leverage the firm’s deep industry and functional expertise to solve immediate client challenges in areas such as finance, change management, and diligence. With the addition of PrivateBlok’s team, KPMG expands its capacity to offer multi‑model agent layer capabilities to clients. The team will also support KPMG’s ongoing efforts to build multi‑agent systems that embed agents seamlessly into the way the firm’s professionals work.
“KPMG is scaling trusted, AI‑native solutions across the firm and delivering cutting‑edge services to our clients,” Rob Fisher, vice chair of KPMG Advisory, said in a statement. “We are integrating AI into everything we do to create value for our clients and deliver rewarding experiences for our people.”
Photo credit: Julie Sassano via LinkedIn
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