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

Rhea-AI Summary

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

The client is expanding its use of Aeries' delivery platform across multiple functions including artificial intelligence, technology services, finance, and customer support, utilizing 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.

Expanded, multi-function engagement validates the September 4 expansion plan and strengthens recurring growth

NEW YORK, Sept. 24, 2025 (GLOBE NEWSWIRE) -- Aeries Technology, Inc. (NASDAQ: AERT), a global leader in AI-powered business transformation and Global Capability Center (GCC) services, today announced the expansion of an engagement with a recently signed global enterprise client. The expanded scope is expected to drive the client relationship to an annualized revenue run-rate exceeding $12 million by Aeries’ fiscal year-end, i.e. end of March 2026, with additional growth anticipated in subsequent quarters.

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 demonstrates the scalability of our model and reflects the trust global enterprises have in us,” said Ajay Khare, Chief Executive Officer of Aeries Technology. “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.

Key Highlights:

• Expanded major client relationship expected to reach $12M+ annualized run-rate by FY-end 2025.
• Growth visibility into FY26 as client broadens scope across AI, technology, finance, and customer service.
• Expansion supports Aeries’ strategic growth of 500 FTEs across India and Mexico hubs.
• Reinforces Aeries’ position as a scalable global partner for private equity-backed and enterprise clients.
  
  

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.

Media Contact
IR@aeriestechnology.com

Forward‑Looking Statements
This press release contains forward-looking statements, including statements regarding product launches, leadership strategy, business expansion plans, initiatives, and operational transformation. These statements are subject to risks and uncertainties as detailed in the Company’s filings with the U.S. Securities and Exchange Commission, which are incorporated herein by reference. Actual results may differ materially. The Company disclaims any obligation to update forward-looking statements except as required by law.

FAQ

What is the expected revenue run-rate for Aeries Technology's expanded client engagement by FY 2026?

The expanded client engagement is expected to reach an annualized revenue run-rate exceeding $12 million by the end of March 2026.

How many new employees is Aeries Technology (AERT) planning to add?

Aeries Technology is planning to add 500 full-time employees across its delivery hubs in India and Mexico.

What services will Aeries Technology provide in the expanded client engagement?

Aeries will provide services across multiple functions including artificial intelligence, technology services, finance, and customer support.

Where are Aeries Technology's delivery hubs located for this expansion?

Aeries Technology's delivery hubs for this expansion are located in India and Mexico.

How does this expansion align with Aeries Technology's growth strategy?

The expansion demonstrates Aeries' ability to convert initial engagements into recurring revenue streams and supports their strategic growth plan to add 500 FTEs across their global delivery hubs.