Aeries Technology Caps Eight Months of Momentum with Financial Turnaround, AI-Driven GCC Innovation, and Strategic Expansion
Rhea-AI Summary
Aeries Technology (NASDAQ: AERT) reported significant achievements in the first eight months of 2025, marking a strong financial and operational turnaround. The company underwent key leadership changes, with Ajay Khare appointed as CEO and Daniel Webb as CFO.
Notable milestones include regaining Nasdaq compliance, launching the AI Partner Network and AeriesOne platform, and achieving their strongest quarter with positive operating cash flow and a $17M year-over-year improvement in net income. The company successfully implemented a 300+ member GCC in India and signed an LOI with Cority for AI-powered GCCs in India and Mexico.
Aeries announced expansion plans including 500+ new roles across India and Mexico, new offices in multiple Indian cities, and scaling operations in Guadalajara, Mexico.
Positive
- Strongest quarter in company history with $17M year-over-year net income improvement
- Regained Nasdaq compliance meeting minimum bid price requirement
- Successful implementation of 300+ member GCC in India for major healthcare fintech client
- Strategic expansion with 500+ new roles and multiple new offices across India and Mexico
- Launch of AeriesOne platform and AI Partner Network for enterprise AI adoption
Negative
- Recent need to regain Nasdaq compliance suggests previous listing compliance issues
News Market Reaction 3 Alerts
On the day this news was published, AERT declined 0.39%, reflecting a mild negative market reaction. Argus tracked a peak move of +2.4% during that session. Argus tracked a trough of -19.9% from its starting point during tracking. Our momentum scanner triggered 3 alerts that day, indicating moderate trading interest and price volatility. This price movement removed approximately $108K from the company's valuation, bringing the market cap to $28M at that time.
Data tracked by StockTitan Argus on the day of publication.
NEW YORK, Sept. 08, 2025 (GLOBE NEWSWIRE) -- Aeries Technology, Inc. (NASDAQ: AERT), a global leader in AI-powered business transformation and Global Capability Center (GCC) services, today recapped a strong first eight months of 2025, highlighting record quarterly performance, strategic leadership realignment, platform-led AI innovation, and aggressive global expansion.
January–March 2025: Leadership Realignment to Sharpen Focus
In February, Aeries underwent a strategic leadership transition.
- Ajay Khare was appointed Chief Executive Officer
- Daniel Webb assumed the role of Chief Financial Officer.
This realignment reinforced the company’s focus on core North American clients, AI-driven enterprise transformation, and disciplined operational execution.
April–June 2025: Strategic Growth, PE Partnerships, and Marquee GCC Wins
- In June, Eli Mendoza joined as Chief Growth & Strategy Officer, tasked with deepening private equity partnerships and expanding go-to-market strategy.
- Aeries successfully completed and transitioned a 300+ member GCC in India for a top U.S. healthcare fintech platform.
- Signed a Letter of Intent with Cority to launch AI-powered GCCs in India and Mexico, showcasing its build-operate-transfer (BOT) GCC model.
July–August 2025: Record Results, AI Platform Launches, and Market Strength
- Restored Nasdaq compliance in July, regaining alignment with minimum bid price requirement.
- Launched the AI Partner Network, aimed at accelerating enterprise AI adoption for mid-market firms.
- Debuted AeriesOne, an integrated generative-AI platform that helps enterprises scale from pilot programs to production outcomes.
- Reported the strongest quarter in company history (quarter ended June 30, 2025), featuring positive operating cash flow and a
$17M year-over-year improvement in net income.
“Ahead of the year’s close, we’ve paired disciplined execution with a platform approach to AI inside GCCs,” said Ajay Khare, Chief Executive Officer. “The result is measurable operating leverage for clients and a stronger, more predictable growth engine for Aeries.”
Looking Ahead: Platform Scaling and Global Expansion
For the remainder of 2025, Aeries will:
- Extend AeriesOne use cases across industries
- Add new capabilities to the AI Partner Network
- Deepen nearshore operations to complement its India delivery hubs
In September 2025, Aeries announced expansion plans to meet accelerating client demand, including:
- 500+ new roles across India and Mexico over 12 months, in AI, tech, finance, and operations
- New offices in Mumbai, Bengaluru, Hyderabad and Pune
- Continued scaling of nearshore operations in Guadalajara, Mexico
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.