Hexaware Launches New Office in Germany

Hexaware Technologies Limited (“Hexaware”) opened its third office in Germany on September 19, 2024. The inauguration ceremony was presided over by Adam Medros, CEO, Spark Networks, Tobias Plaputta, CTO, Spark Networks, Sanjay Salunkhe, President & Global Head – Digital & Software Services, Hexaware and Arun Ramchandran, President & Global Head – Consulting & GenAI Practice, HTPS, Hexaware. The new 100-seater facility in Berlin will add to the company’s digital and software service capabilities in continental Europe, including Germany, Switzerland, and Austria.

The company’s digital and software services are designed to improve operational efficiency and elevate digital experiences, ensuring businesses stay competitive in an evolving market. Hexaware’s solutions include custom application development, enterprise data management, and AI powered business solutions. With its foundation in cloud computing, artificial intelligence, machine learning, and automation, the company harnesses modern technology to drive business outcomes.

Stating that the Berlin center will house both German and English-speaking consultants to support clients, Amrinder Singh, President & Head – EMEA & APAC Operations, Hexaware, said, “This new office will help us serve our clients more efficiently. Hexaware will strive to meet the diverse needs of its clients through seamless project execution tailored to specific business requirements.”

About Hexaware

Hexaware is a global technology and business process services company. Every day, Hexawarians wake up with a singular purpose; to create smiles through great people and technology. With offices across the world, we empower enterprises worldwide to realize digital transformation at scale and speed by partnering with them to build, transform, run, and optimize their technology and business processes.

“Hexaware Technologies Limited (the “Company”) is proposing, subject to receipt of requisite approvals, market conditions and other considerations, to make an initial public offer of its equity shares and has filed a draft red herring prospectus dated September 6, 2024 (“DRHP”) with the Securities and Exchange Board of India (SEBI). The DRHP is available on the websites of our Company, at www.hexaware.com, SEBI at www.sebi.gov.in as well as on the websites of the book running lead managers, Kotak Mahindra Capital Company Limited, Citigroup Global Markets India Private Limited, J.P. Morgan India Private Limited, HSBC Securities and Capital Markets (India) Private Limited, and IIFL Securities Limited, at https://www.investmentbank.kotak.com, https://www.online.citibank.co.in/rhtm/citigroupglobalscreen1.htm, https://www.jpmipl.com, https://www.business.hsbc.co.in/en-gb/regulations/hsbc-securities-and-capital-market, and https://www.iiflcap.com respectively, and the websites of the stock exchange(s) at https://www.nseindia.com and https://www.bseindia.com, respectively. Any potential investor should note that investment in equity shares involves a high degree of risk and for details relating to such risk, see “Risk Factors” of the RHP, when available. Potential investors should not rely on the DRHP for any investment decision.”

Learn more about Hexaware at https://www.hexaware.com

Safe Harbor Statement

Certain statements in this press release concerning our future growth prospects are forward-looking, which involve numerous risks and uncertainties that could cause actual results to differ materially from those in such statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding fluctuations in earnings, our ability to manage growth, intense competition in IT services including those factors which may affect our cost advantage, wage increases globally, our ability to attract and retain highly-skilled professionals, time and cost overruns on fixed-price, fixed-time frame contracts, client concentration, restrictions on immigration, our ability to manage our international operations, reduced demand for technology in our key focus areas, disruptions in telecommunication networks, our ability to successfully complete and integrate potential acquisitions, liability for damages on our service contracts, the success of the companies in which Hexaware has made strategic investments, withdrawal of governmental fiscal incentives, political instability, legal restrictions on raising capital or acquiring companies outside India, and unauthorized use of our intellectual property and general economic conditions affecting our industry.

For more information, contact:
Reena Kamble
Hexaware Technologies Limited
reenak3@hexaware.com