Aeries Technology Caps Eight Months of Momentum with Financial Turnaround, AI-Driven GCC Innovation, and Strategic Expansion
Aeries Technology, a global leader in AI-powered business transformation and Global Capability Center (GCC) services, 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.
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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
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.
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