Hexaware Technologies Ltd.

Incorporated in 1992, Hexaware Technologies Limited is engaged in the business of global digital and technology services with artificial intelligence.The company uses technology to offer innovative solutions, integrating AI to help customers adapt, innovate, and improve in the AI-driven world.The company has major offshore delivery centers in India (Chennai, Pune, Bengaluru, Noida, etc.) and Sri Lanka. It plans expansion into Tier 2 cities and aims to open new centers in Ahmedabad.As of September 30, 2024, the company has a global delivery presence with 39 centers and 16 offices across the Americas, Europe, and APAC.Business Segment: The company provides services in its operating segments across six industries Financial Services, Healthcare & and; Insurance, Manufacturing & and; Consumer, Hi-Tech & and; Professional Services, Banking, and Travel & and Transportation.Platforms: The company offers services through AI-powered platforms like RapidX™ for digital transformation, Tensai® for automation, and Amaze® for cloud adoption, serving customers globally across multiple regions.Services:Design & Build: The company helps customers drive digital transformation by integrating technologies across products and services, focusing on new product launches, software development, and enhancing ERP systems to improve time to market and productivity.Secure & Run: The company secures, manages, and optimizes IT operations across applications, middleware, data, devices, and hybrid infrastructure for customers.Data & AI: The company creates robust data foundations for customers, enabling sustainable data value creation. Using AI and ML technologies, it transforms data into actionable insights, enhancing agility and trust in business decisions.Optimize: The company’s Gen AI-powered business process services enable personalized interactions, automation, analytics, and talent management across various industries.Cloud Services: The company’s Cloud Services serve as the foundation, leveraging cloud capabilities across all service lines for enhanced offerings.As of September 30, 2024, the company has 32,536 employees, of which 30,171 are full-time employees and 2,365 are contracted employees.Competitive Strength:Deep domain expertise delivered through comprehensive solutions across industriesAI-led digital capabilities and platforms built in-house with innovation as a strategic pillarLong-term and embedded relationships with diversified blue-chip customer baseGo-to-market strategy focused on customer acquisition and expansionGlobal, scalable, flexible delivery model with a certified and skilled talent poolExperienced and tenured leadership driving a people-first and thriving organizational cultureTrack record of growth and cash generation

Hexaware Technologies Ltd. proposes to utilise the net proceeds from the Issue for the following objects: