Hexaware Technologies inaugurated a new delivery center at Gujarat International Finance Tec-City (GIFT City) on June 13, 2026, to serve its global banking, financial services, and insurance (BFSI) clients. The center was inaugurated by Shri Bhupendra Patel, Hon'ble Chief Minister of Gujarat. It will focus on digital solutions, artificial intelligence (AI), cloud transformation, data engineering, and next-gen software services. This expansion leverages the company's established presence in Ahmedabad and Gujarat to build a technology and innovation hub for financial institutions across global markets.

The company aims to create approximately 1,000 high-skilled jobs over the next three years. These roles will span software engineering, digital transformation, AI, cloud, data analytics, business operations, and customer experience services. The GIFT City center adds to Hexaware's growing delivery footprint in India, supporting its work with BFSI clients globally.

Strategic Alignment and Leadership Commentary

R. Srikrishna, CEO & Executive Director, stated that the expansion aligns with the strategy of being closer to customers while leveraging India's talent ecosystem. He emphasized the company's excitement to contribute to Gujarat's technology landscape and create career opportunities for skilled professionals.

Vikash Kumar Jain, Chief Financial Officer, highlighted the compelling proposition of GIFT City. He noted that the financial services landscape, quality of talent, and the state government's policy framework were key factors in the decision.

Key Details of the Expansion

The following table summarizes the key aspects of Hexaware's new delivery center at GIFT City:

A US federal court has dismissed all claims in a patent infringement lawsuit filed by Natsoft Corporation and its affiliate Updraft, LLC against hexaware technologies and its subsidiary. The United States District Court for the Northern District of Illinois ruled on June 9, 2026, that the asserted patents claimed broad, abstract ideas rather than specific inventions, rendering them ineligible for patent protection under US law. This decision resulted in the dismissal of nine patents across two patent families and related state-law claims. The initial claim in the litigation was USD 500 million.

Case Background and Ruling

The lawsuit alleged infringement of nine patents spanning two patent families. The Court's decision centered on the deficiency in Natsoft's patents, finding them too abstract to qualify as patentable inventions. Consequently, the Court declined to retain jurisdiction over related state-law claims. While the Court has granted plaintiffs time to file an amended complaint adding a new federal claim, Hexaware maintains that its platforms—Amaze®, Tensai®, and RapidX®—are the result of original engineering and substantial investment, holding its own US patents for methods embodied in these platforms.

Business and Financial Impact

Hexaware Technologies has confirmed that the litigation has caused no material change to its operations, ability to serve customer commitments, partner programs, or financial position. The company anticipates no such changes in the future. The resolution follows a motion to dismiss filed by the company in December 2025.