Aeries Technology announces a multi-year partnership to expand AI capabilities and workforce in India, valued at up to $8 million annually.
Quiver AI Summary
Aeries Technology, Inc. has announced a multi-year partnership with a global marketing and technology company, expected to yield up to $8 million annually, aimed at establishing a presence in India and enhancing AI delivery capabilities. This initiative is a part of the client's expansion strategy and will focus on building high-impact teams primarily in AI roles. These teams are tasked with developing advanced production-grade AI systems and intelligent data solutions to improve market responsiveness and drive business outcomes. Aeries' CEO, Ajay Khare, emphasized that this partnership is aligned with their recent expansion plans to create over 500 new jobs in India and Mexico, demonstrating their commitment to providing top-tier AI talent to global enterprises.
Potential Positives
- Aeries Technology has secured a multi-year partnership with a global marketing and technology company, anticipated to bring up to $8 million in annual contract value.
- The partnership will enhance Aeries Technology's footprint in India and strengthen its AI delivery capabilities, aligning with the client's expansion strategy.
- The initiative reflects Aeries Technology's momentum following a recent expansion plan, highlighting its role in enabling enterprises to efficiently access AI and digital talent.
- The company plans to create over 500 new roles across India and Mexico, indicating strong growth and investment in high-end AI roles.
Potential Negatives
- The announcement indicates a heavy reliance on hiring high-end AI roles, which may highlight potential challenges in attracting and retaining skilled talent in a competitive market.
- The press release includes a disclaimer regarding forward-looking statements, which may signal uncertainty about future results and operational success.
- The mention of a multi-year partnership with a client suggests dependency on the client's performance and could expose the company to financial risks if the partnership does not deliver as expected.
FAQ
What is Aeries Technology's recent partnership about?
Aeries Technology's recent partnership focuses on expanding its India footprint and AI delivery capabilities for a global marketing company.
How much is the contract value of the partnership?
The multi-year partnership has an expected annual contract value of up to $8 million.
What roles will be emphasized in the hiring process?
Most of the hiring will focus on high-end AI roles, building production-grade AI systems and data pipelines.
How many new roles will Aeries Technology add?
Aeries Technology plans to add over 500 new roles across India and Mexico as part of its expansion.
What does Aeries Technology specialize in?
Aeries Technology specializes in AI-enabled value creation, business transformation, and Global Capability Center delivery for private equity portfolio companies.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$AERT Insider Trading Activity
$AERT insiders have traded $AERT stock on the open market 2 times in the past 6 months. Of those trades, 0 have been purchases and 2 have been sales.
Here’s a breakdown of recent trading of $AERT stock by insiders over the last 6 months:
- DANIEL S. WEBB (CFO and CIO) has made 0 purchases and 2 sales selling 50,000 shares for an estimated $31,737.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$AERT Hedge Fund Activity
We have seen 3 institutional investors add shares of $AERT stock to their portfolio, and 13 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- DIAMETRIC CAPITAL, LP removed 1,484,350 shares (-100.0%) from their portfolio in Q1 2025, for an estimated $860,922
- MORGAN STANLEY removed 120,000 shares (-100.0%) from their portfolio in Q1 2025, for an estimated $69,600
- POLAR ASSET MANAGEMENT PARTNERS INC. removed 100,000 shares (-100.0%) from their portfolio in Q1 2025, for an estimated $57,999
- BLACKROCK, INC. removed 39,579 shares (-100.0%) from their portfolio in Q2 2025, for an estimated $48,286
- VIRTU FINANCIAL LLC removed 22,548 shares (-100.0%) from their portfolio in Q2 2025, for an estimated $27,508
- JANE STREET GROUP, LLC removed 18,354 shares (-100.0%) from their portfolio in Q2 2025, for an estimated $22,391
- XTX TOPCO LTD removed 16,657 shares (-100.0%) from their portfolio in Q2 2025, for an estimated $20,321
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
NEW YORK, Sept. 18, 2025 (GLOBE NEWSWIRE) -- Aeries Technology , Inc. (NASDAQ: AERT), a global leader in AI-enabled value creation, business transformation, and Global Capability Center (GCC) delivery for private equity (PE) portfolio companies, announced a multi-year partnership expected to be up to $8 million annual contract value, with a global marketing and technology company to establish its India footprint and AI delivery capabilities. This milestone is part of the client’s broader expansion strategy.
The initiative will accelerate the client’s roadmap by scaling high-impact teams across data, engineering, and product, with most of the hiring to be high-end AI roles. These teams will build production-grade AI systems, intelligent data pipelines, and decisioning tools that enhance speed to market and deliver measurable business outcomes.
“This announcement reflects the momentum from our September 4 expansion plan,” added Ajay Khare, Chief Executive Officer of Aeries Technology. “As we scale to add 500+ new roles across India and Mexico, this engagement highlights how we are enabling global enterprises to access high-end AI and digital talent while driving value creation at speed.”
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
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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.
