Introduction to Hexaware Technologies
Hexaware Technologies is a global leader in IT services and digital solutions, specializing in AI-powered enterprise transformation.
Founded in 1990 and headquartered in Navi Mumbai, India, the company operates in over 28 countries with a workforce of approximately 31,000 employees.
Hexaware focuses on creating smiles through great people and technology, delivering innovative solutions in cloud, data, automation, and cybersecurity.
Its proprietary platforms, such as Amaze® for cloud migration and Tensai® for intelligent automation, help clients accelerate digital journeys.
The company serves diverse industries, including banking, healthcare, manufacturing, and high-tech, enabling scalable and secure transformations.
In 2025, Hexaware went public with India’s largest IT services IPO, marking a significant milestone in its growth.
This commitment to AI-first strategies positions Hexaware as a trusted partner for businesses navigating digital disruption.
History and Evolution of Hexaware Technologies
Hexaware Technologies began operations in 1990, initially focusing on IT training and software development.
Over the decades, it evolved into a comprehensive provider of digital and technology services.
A key turning point came with its strategic acquisitions and expansions.
In 2025, the company successfully listed on the stock exchanges through a major IPO in February.
This event highlighted strong investor confidence and funded further innovations.
Recent moves include acquiring CyberSolve in November 2025 to bolster AI-led cybersecurity.
Hexaware also opened a new delivery center in Cairo in December 2025.
These steps reflect its adaptation to emerging technologies like generative AI and cloud-native solutions.
Today, Hexaware stands as a resilient global entity, driven by innovation and client-centric growth.
Core Services Offered by Hexaware Technologies
Hexaware provides end-to-end digital and software solutions, integrating AI across all offerings.
Its cloud services use Amaze® to enable seamless migrations and optimized hybrid environments.
Data and analytics solutions deliver AI-enabled insights for better decision-making.
Digital IT operations leverage Tensai® for automation, reducing costs and enhancing reliability.
Enterprise platform services modernize systems with partners like SAP, Google Cloud, and Microsoft.
Business process services automate workflows in finance, HR, and customer support.
Digital assurance ensures rigorous testing and quality for risk-free deployments.
Cybersecurity offerings, strengthened by recent acquisitions, provide comprehensive protection.
These services combine consulting, engineering, and managed operations for sustainable outcomes.
Industries Served by Hexaware Technologies
Hexaware tailors solutions to key sectors, driving industry-specific transformations.
In banking and financial services, it enhances digital platforms and lending experiences.
Healthcare and insurance clients benefit from data management and compliance tools.
Manufacturing and consumer industries gain from generative AI and supply chain optimizations.
High-tech, products, and platforms receive advanced product engineering and connected AI.
Travel and transportation leverage application modernization for efficiency.
Professional services firms improve collaboration through cloud and analytics.
Retail solutions include custom apps and personalized customer engagements.
This focused approach addresses unique challenges like regulation, personalization, and agility.
Leadership and Global Presence
R Srikrishna serves as CEO and Executive Director, guiding Hexaware’s AI-first vision.
Recent appointments include Raghu Mocherla as Senior Vice President for Digital & Software in December 2025.
He leads connected AI and cyber-physical systems.
The leadership emphasizes innovation, sustainability, and inclusivity.
Hexaware maintains a strong global footprint with offices in over 28 countries.
This enables localized delivery and 24/7 support.
New centers, like in Cairo, expand reach in emerging markets.
A talented workforce supports collaborative and growth-oriented culture.
Recent Achievements and Innovations
Hexaware achieved a landmark IPO in February 2025, the largest in India’s IT services sector.
It acquired CyberSolve in November 2025, enhancing cybersecurity with identity management expertise.
The company won 22 MarCom Awards in December 2025 for marketing excellence.
It opened a Cairo delivery center in December 2025 to serve regional clients.
Innovations include new Google Cloud insurance solutions and generative AI platforms.
Strong rankings in sourcing studies affirm customer satisfaction.
These milestones underscore Hexaware’s focus on AI and digital resilience.
Financial Performance and Growth
Hexaware reported robust growth in 2025, with Q3 revenue at $394.8 million, up 5.5% year-over-year.
Trailing twelve-month revenue reached around $1.5 billion.
EBITDA margins expanded, reflecting operational efficiencies.
Post-IPO, the company invests in R&D and acquisitions.
Diversified revenues from AI and cloud services support sustained expansion.
Focus on high-growth areas ensures long-term profitability.
Client Success Stories
Hexaware has delivered impactful results for clients worldwide.
A fintech firm simplified IT transitions using generative AI.
A European print company streamlined finance with SAP S/4HANA.
Automotive retailers modernized applications on cloud platforms.
Global banks achieved high ROI through Tensai® automation.
Retail chains boosted revenue with custom mobile apps.
These stories highlight measurable outcomes in efficiency and innovation.
Future Outlook for Hexaware Technologies
Hexaware is poised for continued growth in AI and digital services.
Investments in connected AI, cybersecurity, and cloud will drive expansions.
Strategic partnerships and talent development prepare for Industry 4.0 trends.
Commitment to sustainability attracts ethical stakeholders.
As digital demands rise, Hexaware aims to remain the most loved transformation partner.
Conclusion
Hexaware Technologies continues to lead in AI-driven IT services, combining innovation with client focus.
From its 1990 founding to 2025 IPO and acquisitions, it has built a strong global presence.
With advanced platforms and industry expertise, Hexaware delivers transformative value.
Its people-first approach and technological excellence ensure future success in the digital era.
FAQs
What is Hexaware Technologies known for? Hexaware Technologies is known for AI-powered digital transformation, cloud migration, automation, and cybersecurity services.
When did Hexaware Technologies go public? Hexaware Technologies listed on stock exchanges in February 2025 through India’s largest IT services IPO.
Who is the CEO of Hexaware Technologies? R Srikrishna is the CEO and Executive Director of Hexaware Technologies.
What industries does Hexaware Technologies serve? Hexaware serves banking, financial services, healthcare, insurance, manufacturing, high-tech, travel, and professional services.
What was Hexaware’s major acquisition in 2025? In November 2025, Hexaware acquired CyberSolve to strengthen AI-led cybersecurity capabilities.
How many employees does Hexaware Technologies have? Hexaware Technologies has approximately 31,000 employees worldwide.
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