Carlyle-backed Hexaware Technologies files draft papers with Sebi for Rs 9,950 Cr IPO

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Carlyle-backed Hexaware Technologies files draft papers with Sebi for Rs 9,950 Cr IPO - YourStory

Quick Summary:

If successful, Hexaware's maiden public issue would be the largest in the country's IT services sector since Tata Consultancy Services' Rs 4,700-crore IPO 20 years ago.

Almost a year after the delisting, Carlyle Group acquired Baring's stake in Hexaware.

It delivers its services through AI-enabled digital platforms such as Rapid for digital transformation, Tensai for AI-powered automation, and Amaze for cloud adoption.