When was Hexaware founded?

Hexaware was founded in 1990 and raised its 1st funding round 16 years after it was founded.

Where is Hexaware located?

Hexaware is headquartered in Navi Mumbai, India. It is registered at Iselin, New Jersey.

Who is the current CEO of Hexaware?

Srikrishna Ramakarthikeyan of Hexaware. They are also an angel investors in 1 startup.

Which legal entities is Hexaware associated with?

Hexaware is associated with HEXAWARE TECHNOLOGIES LIMITED and 5 others.

How many employees does Hexaware have?

As of Mar 31, 2025, Hexaware has 25089 employees, reflecting a 2% year-over-year growth in headcount.

Is Hexaware a funded company?

Hexaware is a funded company, having raised a total of $***** in its 1st and only funding round, a Post IPO round on Mar 21, 2006.

When was the latest funding round of Hexaware?

Hexaware's latest funding was a $***** Post IPO round on Mar 21, 2006, with participation from 1 investor. Its primary sector is Digital Transformation Services. In India, the Digital Transformation Services sector has seen $16.2M in funding in 2026 to date.

What is the annual revenue of Hexaware?

Annual revenue of Hexaware is more than ₹1,000 Cr as on Mar 31, 2026

Where does Hexaware rank among its competitors?

Hexaware ranks 295th amongst 199663 active competitors, of which 1208 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was Accenture, which secured an undisclosed amount in Mar, 2024.

Who are the top competitors of Hexaware?

Hexaware's top competitors include IBM, UST and Virtusa. Among them, Accenture secured the most recent funding round in March, 2024.

Hexaware - 2026 Company Profile, Team, Funding, Competitors & Financials

Company Details

Provider of IT consulting and BPO services. It offers a range of services, including digital & software, cloud, data & AI, digital transformation and enterprise platform.

Website: hexaware.com
Social
Email ID: *****@hexaware.com
Phone Number: +91 **********
Registered Address: Iselin, New Jersey

Key Metrics

Founded Year

1990

Location

Navi Mumbai, India

Stage

Public

Latest Funding Round

Post IPO, Mar 21, 2006, $*****

Investors

ChrysCapital & 6 more

Ranked

295^th among 199663 active competitors

Annual Revenue

₹1,000+ Cr as on Mar 31, 2026

Employee Count

25,089 as on Mar 31, 2025

Investment & Acquisitions

CONSULTING PROFESSIONALS & 8 more

Similar Companies

IBM & 223975 more

Exit Details

Public

View Hexaware's full profile

Hexaware is associated with 6 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
Hexaware Technologies GmbH, CIN: HRB52325 , Germany, Active	May 23, 2001	-	44 (As on Dec 31, 2023)
Hexaware Technologies Limited CIN: 487909145 , France, Active	Aug 01, 2022	-	-	-
ARK 3CD DESIGN GROUP LLC CIN: 3647007 , United States, Active	Mar 19, 2008	-	463 (As on Dec 31, 2023)	-
HEXAWARE TECHNOLOGIES UK LIMITED CIN: 3647007 , United Kingdom, Active	Oct 08, 1998	£100M - £500M (As on Dec 31, 2025)	463 (As on Dec 31, 2023)
HEXAWARE TECHNOLOGIES LIMITED CIN: L72900MH1992PLC069662 , India, Active	Nov 20, 1992	₹1,000+ Cr (As on Mar 31, 2026)	24135 (As on Aug 01, 2025)
HEXAWARE TECHNOLOGIES, INCORPORATED CIN: 223301374 , United States, Active	Dec 26, 999	-	1880 (As on Dec 31, 2024)	-

Hexaware got listed on Feb 19, 2025.

Click here to take a look at Hexaware's IPO in detail

Hexaware has raised funding over 1 round. Its latest funding round was a Post IPO round on Mar 21, 2006 for $*****. 1 investor participated in its latest round. Hexaware has 6 institutional investors and 1 angel investor.

Here is the list of recent funding rounds of Hexaware:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Mar 21, 2006	2409288	Post IPO	7669658	7487155	8655465	1311960

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View details of Hexaware's funding rounds and investors

The founders of Hexaware is Atul Nishar. Srikrishna Ramakarthikeyan is the CEO of Hexaware.

Here are the details of Hexaware's key team members:

Atul Nishar: Former Founder of Hexaware. They are also an angel investor in 2 startups and serve on the board of 1 company.
Srikrishna Ramakarthikeyan: CEO of Hexaware. They are also an angel investor in 1 startup.

Hexaware's Board of Directors

Hexaware's board has 9 active members. Neeraj Bharadwaj, Srikrishna Ramakarthikeyan, Sandra Joy Horbach, Kapil Modi, Julius Michael Michael Genachowski and Lucia De Fatima Soares are part of team and Alok Chandra Misra, Sukanya Kripalu and Joseph McLaren Quinlan are independent board members.

Here is the list of Hexaware's board of directors:

Name	Type	Representing	Status	Duration
fmhgmdo	Team	-	Current	3y 7m
dya{nwx	Team	-	Current	8y 1m
pqywztd	Team	-	Current	6y 2m
zneeyxm	Team	-	Current	8y 2m
{ny{ews	Team	-	Current	9y 4m
jofbmdm	Team	-	Current	1y 6m
Alok Chandra Misra	Independent board member	-	Current	0y 8m
yfivjjf	Independent board member	-	Current	1y 8m
bhozhki	Independent board member	-	Current	6y 9m

View details of Hexaware's Founder profiles and Board Members

Hexaware's employee count trend

Hexaware has 25,089 employees as of Mar 25. Here is Hexaware's employee count trend over the years:

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Top competitors of Hexaware include IBM, UST and Virtusa. Here is the list of Top 10 competitors of Hexaware, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	IBM 1911, Armonk (United States), Public	Provider of hybrid cloud, artificial intelligence, and IT consulting services	-	Berkshire Hathaway, Runway & 23 others	78/100
2nd	UST 1998, Aliso Viejo (United States), Late Stage	Provider of data analytics, cloud modernization, management strategy, and digital transformation services	$250M	Temasek, MFAR & 1 others	76/100
3rd	Virtusa 1996, Westborough (United States), Acquired	IT services company	$45.2M	EQT, Back Bay Group & 8 others	76/100
4th	Infosys 1981, Bengaluru (India), Public	Provider of consulting, data analytics, and IT services	-	Nepean Capital, Seaside Private Capital	75/100
5th	Sutherland 1986, Pittsford (United States), Late Stage	Provider of business process and technology management services	$60M	Affirma Capital, Oak Investment Partners & 3 others	74/100
6th	Endava 2000, London (United Kingdom), Public	Provider of digital transformation services using artificial intelligence and automation	-	M\|C Partners, Europa	74/100
7th	Datamatics 1975, Mumbai (India), Public	Provider of digital technologies, business process management, analytics, and automation services	$3M	IIML	74/100
8th	Mindtree 1999, Bengaluru (India), Acquired	Consulting and implementations company	$23.9M	Global Technology Ventures, Walden Israel ... & 9 others	73/100
9th	Happiest Minds Technologies 2011, Bengaluru (India), Public	Provider of IT suite services	$64.5M	Canaan, Trident Trust & 33 others	73/100
10th	Accenture 1989, Dublin (Ireland), Public	Provider of IT consulting, technology, and outsourcing services	-	ngn-capital.com, Bondeinvest.com & 6 others	72/100
295th	Hexaware 1990, Navi Mumbai (India), Public	Provider of IT consulting and BPO services	-	ChrysCapital, Analah Ventures & 5 others	54/100

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Looking for more details on Hexaware's competitors? Click here to see the top ones

HEXAWARE TECHNOLOGIES LIMITED, the legal entity associated with Hexaware, generated more than ₹1,000 Cr in revenue for the financial year ending on Mar 31, 2026. The revenue of HEXAWARE TECHNOLOGIES LIMITED has a compounded annual growth rate (CAGR) of -74% in the last 1 year.

Financial Statement Summary

Metrics	FY 2025-26	FY 2024-25	FY 2023-24	FY 2022-23	FY 2021-22
Income Statement
Revenue	7300	4147	9653	1405	9728
Total Sales	7936	4779	7694	1707	4798
Total Expenses	2692	5660	5021	2569	2664
Operating Expenses	5968	6088	2795	6449	3944
Employee Expenses	3861	2222	3166	9737	2204
Marketing Expenses	1575	4529	9991	9518	3334
Operating Income (EBIT)	4406	9939	6343	4553	6605
Interest Expenses	4704	2969	9046	8806	5099
Expenses from other activities	6970	7447	6015	6962	5398
EBITDA	5249	7794	2416	1792	8017
Taxes	7126	2684	4228	4681	5668
Net Profit	5599	7123	2520	5489	4041
Balance Sheet
Assets	8204	6298	9706	7296	8568
Cash Equivalent	9159	8172	5287	1876	8817
Accounts Receivables	7851	7171	8299	5217	1488
Liabilities	2152	4605	1135	2583	8575
Accounts Payable	3356	8735	8526	8237	5383
Equities	7642	8256	9109	1856	1803
Cashflow Statement
Cash from Operating activities	3256	9958	8811	4929	8197
Cash from Investing activities	7501	5855	6348	7455	5598
Net cash from Financing activities	3469	8876	9750	3180	2261

Detailed Financials (Income Statement, Balance Sheet, Cashflow Statement)

Hexaware has not made any investments yet. Hexaware has made 9 acquisitions.

Here is the list of latest three $acquisitions:

Filter this list

Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
May 20, 2026	Acquisition	CONSULTING PROFESSIONALS	2016	United Kingdom
Nov 07, 2025	Acquisition	CyberSolve	2016	Sterling (United States)
Nov 06, 2025	Acquisition	Identity and Access Solutions Canada		-