Hexaware Technologies Limited — JV/Acquisition, 06-11-2025: Acquisition

Hexaware has approved acquiring a 100% stake in four entities specializing in Identity and Access Management (IAM) solutions, including CyberSolve (I) Pvt Ltd. The deal is valued at an estimated INR 585.2 Cr, with INR 305.9 Cr paid upfront. This strategic move significantly enhances Hexaware's cybersecurity portfolio and capabilities, aiming to position the company as a full-spectrum cybersecurity partner. The acquired companies collectively generated a turnover of INR 216.1 Cr in 2024, adding substantial expertise and market presence.