Aeries Technology(AERT)

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Aeries Technology Celebrates 10-Year Client Partnership Milestone
Globenewswire· 2025-10-06 12:00
Decade-Long Engagement, Demonstrating Strength of Aeries' GCC ModelNEW YORK, Oct. 06, 2025 (GLOBE NEWSWIRE) -- Aeries Technology, Inc. (NASDAQ: AERT), a global leader in AI-powered business transformation and Global Capability Center (GCC) services, today announced a significant milestone: the 10-year anniversary of its partnership with a global technology enterprise client. This achievement underscores Aeries' differentiated engagement model and positions the company as a preferred long-term strategic part ...
Aeries Technology Delivers ~30% Faster Development Cycles Through AI-Enabled Engineering
Globenewswire· 2025-10-01 12:00
AI-led application modernization drives client-wide expansion interest, supports repeatable engineering transformation playbookNEW YORK, Oct. 01, 2025 (GLOBE NEWSWIRE) -- Aeries Technology, Inc. (NASDAQ: AERT), a global leader in AI-powered business transformation and Global Capability Center (GCC) services, today announced the successful completion of an AI-driven application modernization engagement with a high-transaction digital platform provider. Aeries deployed AI-based software development and testin ...
Aeries Technology Projects $20M+ Run-Rate by Fiscal Year-End on Two Enterprise Wins; Adding 500+ Roles Across India and Mexico
Globenewswire· 2025-09-29 12:00
Back-to-back deals accelerate growth and reinforce Aeries’ AI-enabled GCC modelNEW YORK, Sept. 29, 2025 (GLOBE NEWSWIRE) -- Aeries Technology, Inc. (NASDAQ: AERT), a global leader in AI-powered business transformation and Global Capability Center (GCC) services, said that two recently secured enterprise engagements are expected to drive a combined annualized revenue run-rate above $20 million by March 2026, based on current scope, with further growth anticipated. $8M+ AI deal (Sept. 18): A multi-year partne ...
Aeries Technology Announces Major Enterprise Client Expansion, Projected to Reach $12M+ Annualized Run-Rate by Fiscal Year-End
Globenewswire· 2025-09-24 12:28
Core Insights - Aeries Technology, Inc. is expanding its engagement with a global enterprise client, projecting an annualized revenue run-rate exceeding $12 million by the end of fiscal year 2026, with further growth expected in subsequent quarters [1][7] Group 1: Client Engagement and Revenue Growth - The client is increasing its use of Aeries' delivery platform across various functions, including AI, technology services, finance, and customer support, utilizing delivery hubs in India and Mexico [2] - The expansion of this client relationship demonstrates the scalability of Aeries' business model and reflects the trust that global enterprises place in the company [3] - Aeries is converting initial engagements into recurring revenue streams, reinforcing confidence in its multi-year growth trajectory [3] Group 2: Strategic Expansion and Workforce Development - The agreement supports Aeries' plans to expand its delivery capacity by adding 500 full-time employees across India and Mexico to meet growing demand [3][7] - This expansion positions Aeries as a scalable global partner for private equity-backed and enterprise clients [7]
Aeries Technology Unveils AI-Powered Content Automation Solution with 80% Efficiency Gains
Globenewswire· 2025-09-22 13:00
Core Insights - Aeries Technology, Inc. has successfully implemented an AI-powered content workflow automation system for a leading enterprise client, achieving over 80% efficiency improvements and reducing task completion time from weeks to under 30 minutes [1][2][3] - The AI solution utilizes advanced generative AI and optimized workflows to enhance operations, enabling faster delivery and improved customization for end users, applicable across data-intensive industries [2][3] - The deployment highlights Aeries Technology's expertise in delivering AI-driven solutions that provide measurable ROI for Private Equity Portfolio companies, facilitating digital transformation and operational optimization [3][4] Company Overview - Aeries Technology is a global leader in AI-enabled value creation and business transformation, particularly for private equity portfolio companies, founded in 2012 [4] - The company has received the Great Place to Work Certification for two consecutive years, reflecting its commitment to workforce development [4]
Aeries Technology Signs Multi-Million Deal To Expand AI Capabilities And India Footprint For New Client
Globenewswire· 2025-09-18 13:00
Group 1 - Aeries Technology, Inc. has announced a multi-year partnership with a global marketing and technology company, expected to generate up to $8 million in annual contract value, aimed at establishing its presence in India and enhancing AI delivery capabilities [1][2] - The initiative will focus on scaling high-impact teams primarily in high-end AI roles, which will develop production-grade AI systems, intelligent data pipelines, and decision-making tools to improve speed to market and deliver measurable business outcomes [2] - The CEO of Aeries Technology highlighted that the company plans to add over 500 new roles across India and Mexico, emphasizing the importance of enabling global enterprises to access high-end AI and digital talent while driving value creation rapidly [3] Group 2 - Aeries Technology is recognized as a global leader in AI-enabled value creation and business transformation, particularly for private equity portfolio companies, and has been certified as a Great Place to Work for two consecutive years [3]
New to The Street and Aeries Technology Partner to Showcase Aeries’ AI-Driven Growth Story
Globenewswire· 2025-09-16 13:00
Core Insights - Aeries Technology, Inc. has announced a strategic partnership with New to The Street to enhance visibility and showcase its AI-enabled value creation and business transformation capabilities [1][2][3] Group 1: Partnership Details - The collaboration will feature Aeries in nationally distributed programming, highlighting its approach to AI-powered transformation for mid-market enterprises and private equity-backed companies [2][4] - Aeries will be showcased in regular interviews over the next year, providing timely exposure as the company advances its growth strategy in 2025 [5][8] Group 2: Company Overview - Aeries Technology is recognized as a global leader in AI-enabled value creation and business transformation, particularly for private equity portfolio companies [1][6] - The company has been certified as a Great Place to Work for two consecutive years, reflecting its commitment to workforce development [6] Group 3: Media Platform Overview - New to The Street is a long-running media platform that broadcasts on Bloomberg Television and Fox Business Network, providing significant visibility for companies through various media channels [7] - The platform has produced over 600 shows since 2009 and has a YouTube channel with more than 3.4 million subscribers, enhancing its reach and engagement [7]
Aeries Technology Caps Eight Months of Momentum with Financial Turnaround, AI-Driven GCC Innovation, and Strategic Expansion
Globenewswire· 2025-09-08 12:00
Core Insights - Aeries Technology, Inc. reported a strong performance in the first eight months of 2025, highlighting record quarterly results, strategic leadership changes, AI innovation, and global expansion efforts [1]. Leadership and Strategy - In February 2025, Aeries underwent a strategic leadership transition to sharpen its focus on core North American clients and AI-driven enterprise transformation [2][3]. - New leadership appointments include Ajay Khare as CEO, Daniel Webb as CFO, and Eli Mendoza as Chief Growth & Strategy Officer, aimed at enhancing private equity partnerships and market strategies [7]. Growth and Performance - Aeries achieved its strongest quarter in company history for the period ending June 30, 2025, with positive operating cash flow and a $17 million year-over-year improvement in net income [7]. - The company successfully transitioned a 300+ member Global Capability Center (GCC) in India for a major U.S. healthcare fintech platform [7]. AI and Technology Initiatives - Aeries launched the AI Partner Network to accelerate enterprise AI adoption for mid-market firms and debuted AeriesOne, an integrated generative-AI platform [7]. - The company plans to extend AeriesOne use cases across various industries and add new capabilities to the AI Partner Network [8]. Expansion Plans - In September 2025, Aeries announced plans for global expansion to meet increasing client demand, including the establishment of new offices in Mumbai, Bengaluru, Hyderabad, and Pune, as well as continued scaling of nearshore operations in Guadalajara, Mexico [6][8]. - The company aims to create over 500 new roles in India and Mexico over the next 12 months, focusing on AI, technology, finance, and operations [8].
Aeries Technology Announces Major Expansion Plans in India and Mexico, Adding 500 New Roles to Support Global Growth
Globenewswire· 2025-09-04 12:00
Core Insights - Aeries Technology, Inc. is expanding its operations in India and Mexico, adding over 500 new roles in technology, AI, and finance over the next year [2][3] - The expansion is driven by strong financial performance and increasing demand for AI-driven solutions from private equity sponsors and their portfolio companies [3] Group 1: Expansion Plans - Aeries will open new offices in Mumbai, Bengaluru, Hyderabad, and Pune to support its growth in India [2] - Guadalajara is identified as a key hub for nearshore delivery as Aeries scales its operations in Mexico [2] Group 2: Strategic Importance - The expansion aligns with Aeries' long-term vision of building a diverse, world-class workforce to meet evolving client needs [3] - Aeries positions itself as a partner of choice for private equity firms, delivering integrated solutions across AI, technology services, and digital transformation [3] Group 3: Company Background - Aeries Technology is recognized as a global leader in AI-enabled business transformation and Global Capability Center services for private equity portfolio companies [4] - The company has received the Great Place to Work Certification for two consecutive years, highlighting its commitment to workforce development [4]
Aeries Technology (AERT) Strengthens GCC Offering Through Strategic Partnership with TalentRecruit
Newsfile· 2025-08-25 12:00
Core Insights - Aeries Technology has formed a strategic partnership with TalentRecruit to enhance its AI-driven hiring capabilities, targeting the growing Global Capability Center (GCC) market valued at $121 billion by 2030 [1][3]. Company Overview - Aeries Technology, a leader in AI-enabled business transformation and GCC services, aims to improve hiring solutions for clients in India and Mexico, which are rapidly growing talent hubs [1][8]. - The company has established GCC operations in India and is expanding in Mexico, leveraging favorable economic conditions and a skilled talent pool [3][4]. Partnership Details - The integration of TalentRecruit's AI technology into Aeries' operations will automate candidate sourcing, intelligent matching, and onboarding, enhancing the recruitment lifecycle [2]. - This partnership is expected to reduce time-to-hire by up to 45% and improve offer-to-joining ratios by up to 50%, thereby increasing recruiter productivity and enhancing candidate experience [7]. Market Potential - The GCC market is projected to grow significantly, driven by digital transformation and the demand for cost-efficient global workforce models [3]. - Aeries is well-positioned to capitalize on this growth, particularly in serving mid-market and private equity-backed clients seeking rapid scaling [4]. AI Partner Network - The partnership with TalentRecruit expands the Aeries AI Partner Network, which consists of top-tier AI solutions aimed at accelerating transformation and generating measurable outcomes across enterprise services [5].