Aeries Technology projects $20M+ revenue run-rate from enterprise deals

Aeries Technology Inc. (NASDAQ: AERT) announced two enterprise contracts expected to generate a combined annualized revenue run-rate exceeding $20 million by March 2026.

The company secured an $8 million artificial intelligence deal on September 18 with a global marketing and technology company to establish operations in India and scale AI delivery systems. The multi-year partnership involves building production-grade AI systems, intelligent data pipelines, and decisioning tools.

Six days later, Aeries expanded an existing engagement with a global enterprise client, projecting the contract will exceed $12 million in annualized run-rate by fiscal year-end. The broadened scope covers AI, technology, finance, and customer support services across the company's India and Mexico locations.

"These back-to-back deals highlight the scalability of our model and the trust we are building with global enterprises," said Ajay Khare, CEO of Aeries Technology. "We are converting pilots into multi-function, multi-year partnerships and positioning Aeries for sustained, recurring growth."

The company plans to hire more than 500 employees across India and Mexico to meet client demand, according to the press release statement.

Aeries Technology provides AI-powered business transformation and Global Capability Center services. The company was founded in 2012 and trades on NASDAQ under the ticker AERT.

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