Aeries Technology Announces Major Expansion Plans in India and Mexico, Adding 500 New Roles to Support Global Growth
Rhea-AI Summary
Aeries Technology (NASDAQ: AERT), a leader in AI-powered business transformation and Global Capability Center services, has announced significant expansion plans following record quarterly earnings. The company will add 500 new positions in India over the next 12 months, focusing on technology, AI, and finance roles.
The expansion includes new offices in Mumbai, Bengaluru, Hyderabad, and Pune, while also scaling operations in Guadalajara, Mexico as a key nearshore delivery hub. CEO Ajay Khare emphasized that this growth strategy is driven by increasing demand from private-equity sponsors and their portfolio companies for AI-driven execution models.
Positive
- Record quarterly earnings achievement demonstrates strong financial performance
- Strategic expansion with 500 new roles across key tech hubs in India
- Geographic diversification with dual expansion in India and Mexico
- Growing demand from private equity clients for AI-driven services
Negative
- Significant investment required for multi-city office expansion
- Potential operational challenges in managing rapid workforce scaling
- Increased operational complexity from managing multiple new locations
News Market Reaction
On the day this news was published, AERT declined 0.80%, reflecting a mild negative market reaction. Argus tracked a trough of -11.4% from its starting point during tracking. This price movement removed approximately $234K from the company's valuation, bringing the market cap to $29M at that time.
Data tracked by StockTitan Argus on the day of publication.
Expansion builds on record quarterly results and strengthens AI, technology, and finance capabilities across new offices in Mumbai, Bengaluru, Hyderabad, Pune, and Guadalajara
NEW YORK, Sept. 04, 2025 (GLOBE NEWSWIRE) -- Aeries Technology, Inc. (NASDAQ: AERT), a global leader in AI-powered business transformation and Global Capability Center (GCC) services, today announced ambitious growth plans to expand its talent footprint across India and Mexico.
Coming on the heels of record quarterly earnings, Aeries will add more than 500 new roles in India over the next 12 months, spanning technology, artificial intelligence, finance, and other functional areas. To accommodate this expansion, the company will open additional offices in Mumbai, Bengaluru, Hyderabad, and Pune. In parallel, Aeries will continue to scale its Mexico operations, with Guadalajara emerging as a key hub for nearshore delivery.
“Our strong financial performance gives us the confidence to accelerate investment in top-tier talent and next-generation capabilities,” said Ajay Khare, Chief Executive Officer of Aeries Technology. “This expansion reflects the demand we’re seeing from private-equity sponsors and their portfolio companies for AI-driven, scalable execution models. India and Mexico are critical to our strategy, enabling us to deliver resilient, innovation-driven GCCs that support global clients around the clock.”
The expansion strategy reinforces Aeries’ positioning as a partner of choice for private equity firms and their portfolio companies, delivering integrated solutions across AI, technology services, and digital transformation. By scaling in India and Mexico, Aeries is advancing its long-term vision of building a diverse, world-class workforce aligned with evolving client needs.
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.