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Aeries Technology and Cority Agree to Establish AI-Driven GCCs

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Aeries Technology (NASDAQ: AERT) has signed a Letter of Intent with Cority, a SaaS platform provider specializing in environment, health, safety, quality, and sustainability solutions, to establish AI-driven Global Capability Centers (GCCs) in India and Mexico.

The strategic partnership aims to support Cority's innovation and efficiency goals, with the GCCs initially focusing on core business functions before expanding capabilities as the company scales. The centers are designed to accelerate Cority's market expansion and next phase of growth.

Both companies expect to finalize definitive agreements in the coming months. The partnership will enable Cority to enhance operational agility and access top talent while supporting their long-term value creation objectives.

Aeries Technology (NASDAQ: AERT) ha firmato una Lettera di Intenti con Cority, un fornitore di piattaforme SaaS specializzato in soluzioni per ambiente, salute, sicurezza, qualità e sostenibilità, per istituire Centri di Capacità Globale (GCC) guidati dall'intelligenza artificiale in India e Messico.

La partnership strategica mira a supportare gli obiettivi di innovazione ed efficienza di Cority, con i GCC che inizialmente si concentreranno sulle funzioni aziendali principali prima di ampliare le capacità man mano che l'azienda cresce. I centri sono progettati per accelerare l'espansione di mercato di Cority e la sua prossima fase di crescita.

Entrambe le società prevedono di finalizzare accordi definitivi nei prossimi mesi. La collaborazione permetterà a Cority di migliorare l'agilità operativa e accedere ai migliori talenti, sostenendo al contempo i loro obiettivi di creazione di valore a lungo termine.

Aeries Technology (NASDAQ: AERT) ha firmado una Carta de Intención con Cority, un proveedor de plataformas SaaS especializado en soluciones de medio ambiente, salud, seguridad, calidad y sostenibilidad, para establecer Centros Globales de Capacidades (GCC) impulsados por IA en India y México.

La asociación estratégica tiene como objetivo apoyar las metas de innovación y eficiencia de Cority, con los GCC centrados inicialmente en funciones comerciales principales antes de ampliar sus capacidades a medida que la empresa crece. Los centros están diseñados para acelerar la expansión de mercado de Cority y su próxima fase de crecimiento.

Ambas compañías esperan finalizar acuerdos definitivos en los próximos meses. La colaboración permitirá a Cority mejorar la agilidad operativa y acceder a los mejores talentos, apoyando sus objetivos de creación de valor a largo plazo.

Aeries Technology (NASDAQ: AERT)는 환경, 건강, 안전, 품질 및 지속 가능성 솔루션을 전문으로 하는 SaaS 플랫폼 제공업체인 Cority와 인도 및 멕시코에 AI 기반 글로벌 역량 센터(GCC)를 설립하기 위한 양해각서(LOI)를 체결했습니다.

이 전략적 파트너십은 Cority의 혁신 및 효율성 목표를 지원하는 것을 목표로 하며, GCC는 초기에는 핵심 비즈니스 기능에 집중한 후 회사가 성장함에 따라 역량을 확장할 예정입니다. 이 센터들은 Cority의 시장 확장과 다음 성장 단계 가속화를 위해 설계되었습니다.

양사는 향후 몇 달 내에 최종 계약을 체결할 것으로 기대하고 있습니다. 이번 파트너십을 통해 Cority는 운영 민첩성을 강화하고 최고의 인재를 확보하며 장기적인 가치 창출 목표를 지원할 수 있게 됩니다.

Aeries Technology (NASDAQ: AERT) a signé une lettre d'intention avec Cority, un fournisseur de plateformes SaaS spécialisé dans les solutions environnementales, de santé, de sécurité, de qualité et de durabilité, pour établir des Centres de Capacité Globale (GCC) pilotés par l'IA en Inde et au Mexique.

Ce partenariat stratégique vise à soutenir les objectifs d'innovation et d'efficacité de Cority, les GCC se concentrant initialement sur les fonctions commerciales principales avant d'élargir leurs capacités à mesure que l'entreprise se développe. Ces centres sont conçus pour accélérer l'expansion du marché de Cority et sa prochaine phase de croissance.

Les deux entreprises prévoient de finaliser des accords définitifs dans les mois à venir. Ce partenariat permettra à Cority d'améliorer son agilité opérationnelle et d'accéder aux meilleurs talents tout en soutenant ses objectifs de création de valeur à long terme.

Aeries Technology (NASDAQ: AERT) hat eine Absichtserklärung mit Cority unterzeichnet, einem SaaS-Plattformanbieter, der sich auf Lösungen für Umwelt, Gesundheit, Sicherheit, Qualität und Nachhaltigkeit spezialisiert hat, um KI-gesteuerte Global Capability Centers (GCCs) in Indien und Mexiko einzurichten.

Die strategische Partnerschaft zielt darauf ab, Coritys Innovations- und Effizienzziele zu unterstützen, wobei sich die GCCs zunächst auf Kernfunktionen des Unternehmens konzentrieren, bevor die Fähigkeiten mit dem Wachstum des Unternehmens erweitert werden. Die Zentren sind darauf ausgelegt, Coritys Marktexpansion und die nächste Wachstumsphase zu beschleunigen.

Beide Unternehmen erwarten, in den kommenden Monaten endgültige Vereinbarungen abzuschließen. Die Partnerschaft ermöglicht es Cority, die operative Agilität zu verbessern und Zugang zu Top-Talenten zu erhalten, während die langfristigen Wertschöpfungsziele unterstützt werden.

Positive
  • Strategic expansion into two key markets (India and Mexico) through new GCCs
  • Partnership with established SaaS platform provider Cority
  • AI-driven capabilities to enhance operational efficiency
  • Access to expanded talent pool for scaling operations
Negative
  • Final agreements not yet executed, only Letter of Intent signed
  • Timeline for GCC implementation not specified

New York, New York--(Newsfile Corp. - June 30, 2025) - Aeries Technology, Inc. (NASDAQ: AERT), a global leader in AI-enabled value creation, business transformation, and Global Capability Center (GCC) delivery for private equity portfolio companies, today announced a Letter of Intent with Cority, a leading SaaS platform developer providing environment, health, safety, quality and sustainability solutions, under which Aeries will undertake preliminary efforts to establish AI-driven GCCs in India and Mexico to support Cority's innovation and efficiency goals.

The GCCs are designed to accelerate Cority's market expansion and next phase of growth. Initially focused on core business functions, the centers will expand their capabilities as the company scales.

"We're proud to partner with Cority to accelerate its value creation journey and support its strategic growth initiatives," said Ajay Khare, Chief Executive Officer of Aeries Technology. "Our AI-driven GCC model is built to deliver scalable, high-impact outcomes for innovative companies like Cority."

"Partnering with Aeries enables us to scale efficiently while strengthening the operational foundation for our global growth," said Sukaran Mehta, Chief Financial Officer of Cority. "The GCCs will enhance our agility, provide access to top talent, and support our long-term value creation goals."

Aeries and Cority expect to execute definitive agreements in the coming months.

_____________________________________________________

About Cority
Founded in 1985 and headquartered in Toronto, Canada, Cority empowers every employee to make a difference by reducing risks and creating a safer, healthier, and more sustainable world. Built by EHS and sustainability experts who know the pressures businesses face, Cority's software solutions are designed to be time-tested, scalable, and configurable. CorityOne, its flagship product, is the responsible business ecosystem that combines datasets from across the organization to enable improved efficiencies, actionable insights, data-driven decision making, and more accurate reporting on performance. Trusted by over 1,500 organizations worldwide, Cority helps people work toward building a better future for everyone. To learn more, visit www.cority.com.

About Aeries Technology

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. Founded in 2012, its commitment to workforce development has earned it the Great Place to Work Certification for two consecutive years.

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Forward-Looking Statements

This press release contains forward-looking statements, including statements regarding AI GCC initiatives, strategic execution, and transformation outcomes. These statements are subject to risks and uncertainties as detailed in the Company's filings with the U.S. Securities and Exchange Commission. The actual results may differ materially. Aeries disclaims any obligation to update forward-looking statements except as required by law.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/257237

FAQ

What is the purpose of Aeries Technology's partnership with Cority?

Aeries Technology will establish AI-driven Global Capability Centers (GCCs) in India and Mexico to support Cority's innovation, efficiency goals, and market expansion.

Where will Aeries Technology (NASDAQ: AERT) establish the new Global Capability Centers?

Aeries Technology will establish the new GCCs in India and Mexico.

What functions will the new Aeries Technology GCCs handle?

The GCCs will initially focus on core business functions and will expand their capabilities as Cority scales.

When will Aeries Technology and Cority finalize their partnership agreement?

The companies expect to execute definitive agreements in the coming months following the signed Letter of Intent.

How will the GCCs benefit Cority's operations?

The GCCs will enhance Cority's operational agility, provide access to top talent, and support their long-term value creation goals.
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