Aeries Technology expands client engagement to $12 million run-rate

NEW YORK - Aeries Technology, Inc. (NASDAQ:AERT), which has seen its stock surge over 56% in the past week according to InvestingPro data, announced Wednesday it has expanded an engagement with a recently signed global enterprise client, expected to reach an annualized revenue run-rate exceeding $12 million by the end of 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 the company’s 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.

The agreement builds on Aeries’ previously announced plans to expand its delivery capacity by adding 500 full-time employees across India and Mexico to meet growing demand.

Aeries Technology, which describes itself as a provider of AI-powered business transformation and Global Capability Center services, claims the expanded engagement provides growth visibility into fiscal year 2026 as the client broadens its scope of services.

The company said this client relationship expansion reinforces its position as a partner for private equity-backed and enterprise clients.

According to the press release statement, Aeries Technology was founded in 2012 and is listed on the Nasdaq stock exchange. Investors should note that the company is scheduled to report earnings in 2 days, according to InvestingPro, which offers comprehensive analysis and 8 additional key insights about the company’s performance and valuation status.

In other recent news, Aeries Technology, Inc. has reported significant operational progress in 2025, following a leadership realignment with Ajay Khare as CEO and Daniel Webb as CFO. The company has also secured a multi-year partnership valued at up to $8 million annually with a global marketing and technology firm, aimed at expanding AI capabilities and establishing a presence in India. Additionally, Aeries Technology has announced plans to add over 500 new positions in India over the next year, alongside scaling operations in Mexico.

In a strategic move to enhance its recruitment capabilities, Aeries Technology has partnered with TalentRecruit to integrate AI-driven platforms into its talent operations, potentially reducing hiring times by up to 45%. The company has also implemented an AI-powered content workflow system for an enterprise client, achieving over 80% efficiency improvements. These developments reflect Aeries Technology’s ongoing efforts to expand and optimize its operations globally.

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