Aeries Technology to drive $12mln annualized revenue by FY23 with expanded client engagement.

• Aeries Technology expands engagement with global enterprise client. • Annualized revenue run-rate to exceed $12 million by March 2026. • Client to use Aeries' delivery platform across multiple functions. • Aeries' delivery hubs in India and Mexico to be utilized. • Expansion demonstrates scalability of Aeries' model. • Recurring revenue growth anticipated in subsequent quarters.

Aeries Technology (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 recently signed global enterprise client. The expanded relationship is projected to reach an annualized revenue run-rate exceeding $12 million by March 2026 Aeries Technology announces major enterprise client expansion^[1].

The client is expanding its use of Aeries' delivery platform across multiple functions including artificial intelligence, technology services, finance, and customer support. This expansion aligns with Aeries' previously announced plans to add 500 full-time employees across India and Mexico to meet growing demand Aeries Technology Announces Major Enterprise Client Expansion, Projected to Reach $12M+ Annualized Run-Rate by Fiscal Year-End^[2].

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" Aeries Technology Announces Major Enterprise Client Expansion, Projected to Reach $12M+ Annualized Run-Rate by Fiscal Year-End^[2].

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 Aeries Technology Announces Major Enterprise Client Expansion, Projected to Reach $12M+ Annualized Run-Rate by Fiscal Year-End^[2].

Key Highlights:
- Aeries Technology (NASDAQ: AERT) is a global leader in AI-enabled value creation, business transformation, and Global Capability Center (GCC) delivery for private-equity (PE) portfolio companies, supporting scalable, technology-driven execution.
- The expanded engagement with the global enterprise client is expected to drive annualized revenue to exceed $12 million by March 2026.
- The client will utilize Aeries' delivery platform across multiple functions, including AI, technology services, finance, and customer support, leveraging Aeries' delivery hubs in India and Mexico.
- Aeries Technology plans to add 500 full-time employees across India and Mexico to meet growing demand Aeries Technology Announces Major Enterprise Client Expansion, Projected to Reach $12M+ Annualized Run-Rate by Fiscal Year-End^[2].

This expansion validates the September 4 expansion plan and strengthens recurring growth Aeries Technology Announces Major Enterprise Client Expansion, Projected to Reach $12M+ Annualized Run-Rate by Fiscal Year-End^[2].