Aeries Technology Caps Eight Months of Momentum with Financial Turnaround, AI-Driven GCC Innovation, and Strategic Expansion

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].