Aeries Technology Announces Expansion of Major Enterprise Client Engagement, Projected to Reach $12M+ Annualized Run-Rate by Fiscal Year-End.

Aeries Technology, a global leader in AI-powered business transformation and GCC services, has announced the expansion of a major enterprise client engagement, projected to reach a $12M+ annualized run-rate by fiscal year-end. The client is broadening its utilization of Aeries' delivery platform across multiple functions, leveraging Aeries' delivery hubs in India and Mexico. The agreement supports Aeries' strategic growth of 500 FTEs across India and Mexico hubs and reinforces its position as a scalable global partner for private equity-backed and enterprise clients.

Aeries Technology, Inc. (NASDAQ: AERT), a global leader in AI-powered business transformation and Global Capability Center (GCC) services, has announced a significant expansion of its engagement with a major enterprise client. The expanded relationship is projected to reach an annualized revenue run-rate exceeding $12 million by March 2026.

The client is broadening its utilization of Aeries' delivery platform across multiple functions, including artificial intelligence, technology services, finance, and customer support, leveraging Aeries' delivery hubs in India and Mexico. This expansion aligns with Aeries' previously announced plans to add 500 full-time employees across these locations to meet growing demand.

Ajay Khare, Chief Executive Officer of Aeries Technology, commented, "This expansion demonstrates the scalability of our model and reflects the trust global enterprises have in us. We are successfully converting initial engagements into recurring revenue streams. Importantly, this deal reinforces confidence in our multi-year growth trajectory."

The agreement also builds on Aeries' previously announced plans to expand its delivery capacity by adding 500 full-time employees across India and Mexico to strengthen the Company’s ability to meet growing demand.

References
Aeries Technology Announces Major Enterprise Client Expansion, Projected to Reach $12M+ Annualized Run-Rate by Fiscal Year-End^[1] https://www.stocktitan.net/news/AERT/aeries-technology-announces-major-enterprise-client-expansion-hsuph5815c44.html
Aeries Technology Announces Multi-Year Partnership to Enhance AI Capabilities and Establish India Presence^[2] https://www.quiverquant.com/news/Aeries+Technology+Announces+Multi-Year+Partnership+to+Enhance+AI+Capabilities+and+Establish+India+Presence