Aeries Technology and Cority Agree to Establish AI-Driven GCCs

Rhea-AI Summary

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.

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.

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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.

Contacts

For Cority natalier@theriotmind.agency

For Aeries IR@aeriestechnology.com

 

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.