Hexaware

Mumbai, India Founded: 1990 • Age: 36 yrs Acquired By The Carlyle Group
Provider of IT consulting and BPO services
Annual revenue $1.5B Latest available
Total funding - 1 rounds
Employees 32310 Tracked headcount
Investors 3 Known backers
Products 3 Services tracked
Competitors 11 Brand Intelligence

About Hexaware

Hexaware is a company based in Mumbai (India) founded in 1990 was acquired by The Carlyle Group in October 2021. The company has 32,310 employees as of December 31, 2024. Hexaware has completed 5 acquisitions, including Cybersolve, FocusFrame and Mobiquity. Hexaware offers products and services including RapidX, Tensai, and Amaze. Hexaware operates in a competitive market with competitors including UST, NTT DATA, Breed Reply, Globant and 1&1 IONOS, among others.

  • Headquarter Mumbai, India
  • Employees 32310 as on 31 Dec, 2024
  • Stage Public
  • Sectors
    Business Services
    Technology
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Hexaware Technologies Limited
Operational Areas
Business Services → Business Process Outsourcing (BPO) Unlock Sub-Sector Unlock Segment
Business Services → Digital Transformation & IT Services Unlock Sub-Sector Unlock Segment
Technology → Enterprise IT Services & Distribution Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $1.49 B (USD)
    12.16
    as on Dec 31, 2025
  • Net Profit
    $152.33 M (USD)
    16.39
    as on Dec 31, 2025
  • EBITDA
    $212.64 M (USD)
    1.35
    as on Dec 31, 2025
  • Latest Funding Round
    $67.54 M (USD), Post-IPO

    Mar 21, 2006

  • Investors
  • Employee Count
    32310

    as on Dec 31, 2024

  • Investments & Acquisitions
    Cybersolve

    & 4 more

  • Acquired by
    The Carlyle Group

    & 1 more

    (Oct 01, 2021)

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IPO & Listings of Hexaware

Hexaware is a publicly listed company on the NSE with ticker symbol HEXT in India, operating in the Technology services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: NSE · Ticker: HEXT · Sector: Technology services · India

Products & Services of Hexaware

Hexaware offers a comprehensive portfolio of products and services, including RapidX, Tensai, and Amaze.

Product name locked
Category locked
Primary

Platform for creating tailored development paths

Product name locked
Category locked
Locked

Automates processes to enhance quality and efficiency

Product name locked
Category locked
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Facilitates smooth transitions to cloud environments

People of Hexaware

Headcount 10000+
Employee Profiles 405
Board Members and Advisors 11
Employee Profiles
People
Agilambal I.
Coach - Quality
People
Praveen Muttikkal
Account Service Delivery Manager ASDM
People
Priyank Gupte
Sr. Technical Architect - Cyber Security
People
Deepak K B
Team Lead - Design/multimedia

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Board Members and Advisors
people
Sukanya Kripalu
Director
people
Vivek Sharma
Director
people
Neeraj Bharadwaj
Director
people
Milind Sarwate
Independent Director

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Funding Insights of Hexaware

Investors in Hexaware

Hexaware has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include The Carlyle Group, EQT and General Atlantic.

All
Venture Fund
Investor Description Founded Year Domain Location
Private equity fund focused on global markets
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EQT is recognized as a global investment organization focused on value creation.
Locked Locked Locked
Private equity investments are directed toward multiple sectors.
Locked Locked Locked
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Investor details for Hexaware

Investor domains, locations, round participation, and complete history require an active premium plan.

  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

Verified entity values are shown only after access is granted.

Investments & Acquisitions by Hexaware

Hexaware has strategically engaged in corporate development activities, having acquired 5 companies. Notable acquisitions include Cybersolve, FocusFrame and Mobiquity.

Investments
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Investment portfolio details for Hexaware

Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.

  • Portfolio identities
  • Transaction dates
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Verified entity values are shown only after access is granted.

Acquisitions
Company Name Description Domain Location Founded Year Amount
Provider of IT service suite solutions
Locked Locked 2017 Locked
Provides IAM and cybersecurity solutions to enterprises worldwide.
Locked Locked 2016 Locked
Provider of customer experience and product design services
Locked Locked 2011 Locked
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Complete acquisition details for Hexaware

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  • Transaction dates
  • Acquired stakes
  • Disclosed values
  • Domains and locations

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Financial Statements - Hexaware

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Detailed financials for Hexaware

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  • Profit trends
  • Statement rows
  • Financial ratios

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Hexaware Comparisons

Hexaware Primary company
Description
Provider of IT consulting and BPO services
Location
Mumbai, India
Founded Year
1990
Annual Revenue
$1.49 B (USD)
Net Profit
$152.33 M (USD)
EBITDA
$212.64 M (USD)
Employees
32,310
As of 2024
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Peer comparison for Hexaware

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  • Headcount comparison
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Competitors of Hexaware

Hexaware operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as UST, NTT DATA, Breed Reply, Globant and 1&1 IONOS, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
High-quality office furniture is provided by UST for various needs.
Locked Locked Locked
Application development, cloud, cybersecurity, and business intelligence services are provided.
Locked Locked Locked
AI, cloud, and blockchain services are provided globally.
Locked Locked Locked
IT and digital transformation services are delivered to various industries.
Locked Locked Locked
Cloud infrastructure and hosting services are provided by 1&1 IONOS.
Locked Locked Locked
Provider of end-to-end business process outsourcing services
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Detailed competitors of Hexaware

Competitor domains, locations, full profiles, and operating metrics require an active premium plan.

  • Domains and locations
  • Full company profiles
  • Operating metrics
  • Competitive positioning

Verified entity values are shown only after access is granted.

Latest news on Hexaware

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Complete news archive for Hexaware

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  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about Hexaware

Hexaware was founded in 1990 and raised its 1st funding round 16 years after it was founded.

Hexaware is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

Srikrishna Ramakarthikeyan is the current CEO of Hexaware.

As of Dec 31, 2024, the latest employee count at Hexaware is 32,310.

Annual revenue of Hexaware is $1.49B as on Dec 31, 2025.

Hexaware was founded in 1990 in Mumbai, India, and operates in the IT consulting and BPO sector. A range of services is offered, encompassing digital and software solutions, cloud infrastructure, data and AI technologies, digital transformation initiatives, and enterprise platforms. Leadership is shared by Co-CEOs Srikrishna Ramakarthikeyan and P R Chandrasekar, with Apurva Shah serving as an investor. Operations focus on supporting global clients through these specialized areas.

Hexaware's top competitors include 1&1 IONOS, Booz Allen Hamilton and Genpact.

Hexaware offers RapidX, Tensai, and Amaze.

Yes, Hexaware is publicly traded on NSE under the ticker symbol HEXT.

Hexaware has made 5 acquisitions, including Cybersolve, FocusFrame, and Mobiquity.

Hexaware has 3 investors. Key investors include The Carlyle Group, EQT, and General Atlantic.

The ticker symbol of Hexaware is HEXT on NSE.

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