Aeries Technology Caps Eight Months of Momentum with Financial Turnaround, AI-Driven GCC Innovation, and Strategic Expansion
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.
Aeries Technology (NASDAQ: AERT) ha riportato risultati significativi nei primi otto mesi del 2025, segnando una netta ripresa finanziaria e operativa. L'azienda ha effettuato cambiamenti chiave nella leadership, con la nomina di Ajay Khare come CEO e di Daniel Webb come CFO.
I traguardi più rilevanti includono il recupero della conformità al Nasdaq, il lancio della AI Partner Network e della piattaforma AeriesOne, oltre al raggiungimento del trimestre migliore, con flusso di cassa operativo positivo e un miglioramento del risultato netto di $17M su base annua. L'azienda ha inoltre avviato con successo un GCC di oltre 300 membri in India e firmato una LOI con Cority per GCC potenziati dall'AI in India e Messico.
Aeries ha annunciato piani di espansione che prevedono oltre 500 nuove posizioni in India e Messico, nuove sedi in più città indiane e l'ampliamento delle operazioni a Guadalajara, Messico.
Aeries Technology (NASDAQ: AERT) reportó logros significativos en los primeros ocho meses de 2025, marcando una sólida recuperación financiera y operativa. La compañía realizó cambios clave en la dirección, con la designación de Ajay Khare como CEO y Daniel Webb como CFO.
Entre los hitos destacan la recuperación de la cumplimentación del Nasdaq, el lanzamiento de la AI Partner Network y la plataforma AeriesOne, y la consecución de su mejor trimestre con flujo de caja operativo positivo y una mejora del ingreso neto de $17M interanual. La empresa implementó con éxito un GCC de más de 300 miembros en India y firmó una LOI con Cority para GCC impulsados por IA en India y México.
Aeries anunció planes de expansión que incluyen más de 500 nuevos puestos en India y México, nuevas oficinas en varias ciudades indias y la ampliación de operaciones en Guadalajara, México.
Aeries Technology (NASDAQ: AERT)는 2025년 첫 8개월 동안 재무 및 운영 측면에서 뚜렷한 반등을 보이며 주요 성과를 보고했습니다. 회사는 주요 리더십 변화를 겪었으며 Ajay Khare를 CEO로, Daniel Webb를 CFO로 임명했습니다.
주요 성과로는 나스닥 규정 준수 회복, AI Partner Network 및 AeriesOne 플랫폼 출범, 영업활동 현금흐름이 긍정적이었던 분기 실적 달성과 연간 기준 순이익 $1700만 개선이 포함됩니다. 회사는 또한 인도에서 300명 이상 규모의 GCC를 성공적으로 구축했고, 인도 및 멕시코에서 AI 기반 GCC 추진을 위해 Cority와 LOI를 체결했습니다.
Aeries는 인도 및 멕시코에서 500개 이상의 신규 채용, 여러 인도 도시의 신규 사무실 개설, 멕시코 과달라하라에서의 운영 확대 등을 포함한 확장 계획을 발표했습니다.
Aeries Technology (NASDAQ: AERT) a annoncé des réalisations significatives au cours des huit premiers mois de 2025, marquant un net redressement financier et opérationnel. L'entreprise a opéré des changements clés de direction, avec la nomination de Ajay Khare au poste de CEO et de Daniel Webb au poste de CFO.
Parmi les étapes marquantes figurent le rétablissement de la conformité Nasdaq, le lancement du AI Partner Network et de la plateforme AeriesOne, ainsi que la réalisation de leur meilleur trimestre avec un flux de trésorerie opérationnel positif et une amélioration du résultat net de 17 M$ d'une année sur l'autre. La société a également mis en place avec succès un GCC de plus de 300 membres en Inde et signé une LOI avec Cority pour des GCC alimentés par l'IA en Inde et au Mexique.
Aeries a annoncé des plans d'expansion incluant plus de 500 nouveaux postes en Inde et au Mexique, de nouveaux bureaux dans plusieurs villes indiennes et l'extension des opérations à Guadalajara, au Mexique.
Aeries Technology (NASDAQ: AERT) meldete in den ersten acht Monaten des Jahres 2025 bedeutende Erfolge und damit eine starke finanzielle und operative Wende. Das Unternehmen vollzog wichtige Führungswechsel, mit der Ernennung von Ajay Khare zum CEO und Daniel Webb zum CFO.
Zu den bemerkenswerten Meilensteinen zählen die Wiedererlangung der Nasdaq-Compliance, der Start des AI Partner Network und der AeriesOne-Plattform sowie das stärkste Quartal mit positivem operativem Cashflow und einer jahresübergreifenden Verbesserung des Nettogewinns um $17M. Das Unternehmen setzte erfolgreich ein GCC mit über 300 Mitgliedern in Indien um und unterzeichnete eine LOI mit Cority für KI-gestützte GCCs in Indien und Mexiko.
Aeries kündigte Expansionspläne an, darunter über 500 neue Stellen in Indien und Mexiko, neue Büros in mehreren indischen Städten und die Skalierung der Aktivitäten in Guadalajara, Mexiko.
- 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
- Recent need to regain Nasdaq compliance suggests previous listing compliance issues
Insights
Aeries Technology shows promising financial turnaround with positive cash flow, $17M net income improvement, and restored Nasdaq compliance.
Aeries Technology's press release signals a significant financial turnaround after what appears to have been a challenging period. The company reports its strongest quarter in history for the period ended June 30, 2025, with positive operating cash flow and a $17 million year-over-year improvement in net income. This dramatic improvement suggests the company has successfully addressed prior profitability issues.
The restoration of Nasdaq compliance in July is particularly noteworthy, as it indicates the company had previously fallen below the minimum bid price requirement—typically $1 per share for 30 consecutive business days. Regaining compliance removes the threat of delisting and stabilizes Aeries' position as a publicly traded entity.
The company's strategic pivot appears to be working. By focusing on high-margin AI services and the Global Capability Center (GCC) model, Aeries is positioning itself at the intersection of two growth markets: AI implementation and offshore/nearshore delivery centers. The leadership realignment, bringing in Ajay Khare as CEO and Daniel Webb as CFO, likely catalyzed this operational turnaround.
The Build-Operate-Transfer (BOT) GCC model referenced could prove particularly lucrative, as it typically involves initial service fees followed by a transfer payment when clients take ownership of the established centers. The 300+ member GCC for a healthcare fintech platform and the Cority partnership represent significant revenue streams with potential for high margins.
Aeries' expansion plans for 500+ new roles across multiple locations suggest confidence in future demand and revenue growth. This aggressive scaling indicates management expects the positive financial trajectory to continue and is investing accordingly to capture market share in the growing enterprise AI implementation space.
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.
