Carlyle-backed Hexaware files for Rs 9,950 crore offer-for-sale share issue

MUMBAI: Private equity major Carlyle-backed digital and technology company Hexaware Technologies has filed for a Rs 9,950-crore initial share sale with the capital markets regulator SEBI. The promoter of Hexaware, CA Magnum Holdings, a part of the Carlyle Group, is the sole selling shareholder in the offer.

Hexaware, which has artificial intelligence at its core service focus, caters to a diverse range of customers, including 31 of the Fortune 500 companies, currently and has a global delivery presence comprising 38 delivery centers supported by 16 offices. As of June 2024, the company had 31,870 employees across 28 countries led by Srikrishna Ramakarthikeyan as its chief executive officer.

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