Following recent merger, Apexon’s new global leadership team to accelerate growth in India to meet increased demand for digital products and services
Ahmedabad, India-July 26, 2022–Apexon, a newly formed digital engineering powerhouse – the result of the merger between two major players in digital engineering services – has announced it plans to hire close to 1,000 engineers across India (in the next three-four quarters) to meet the surging demand for its products and services. Apexon, and Infostretch Corporation recently completed the merger of their complementary digital engineering businesses. The combined organization, which has 19 offices and close to 6,000 employees across the globe, will operate under the “Apexon” brand name beginning in late July 2022. Newly spearheaded by Mr. Sriniketh Chakravarthi, a technology services veteran who has played leadership roles at both Tech Mahindra and Cognizant, Apexon will embark on a major recruitment drive in India that will enable it to accelerate growth in high-growth sectors and expand its client base globally.
Apexon will focus its hiring efforts across horizontal as well as vertical expertise. The newly merged entity is expanding its MedTech and Healthcare solution offering. The company promises to deliver a human-centered approach to tech, enabling the latest in digital medicine and care for leading hospitals, device makers, and life science innovators and their end users. In addition to the healthcare sector, Apexon also plans to strengthen its offering in the financial services industry. They plan to leverage their expertise in digital and analytics to deliver a modern digital experience in retail and commercial banking, lending, mortgage, payments, and more.
Both Apexon and Infostretch have deep roots in India. The new hires will join the teams at Apexon’s existing best-in-class delivery centers including Ahmedabad, Chennai, Bangalore, Coimbatore, Mumbai, Hyderabad and Pune.
“Apexon is committed to meeting the growing demand for digital services and we have ambitious growth plans. By aligning two innovative, agile organizations, we are now uniquely positioned to move faster than anyone else in this space,” said Sriniketh Chakravarthi, CEO of Apexon. “Deepening our investments in India will help us achieve both those goals because of the phenomenal digital skills available in the country, combined with the centers of excellence Apexon has already established.”
With deep expertise in banking/financial services, healthcare, automotive and life sciences, both organizations have delivered large-scale digital transformation initiatives for enterprise organizations and the new leadership team will further enable Apexon to take advantage of highly complementary skills, accelerators, and processes.
The combined company is organized around three core practice areas, each representing a $100 billion plus opportunity on its own, and all are among the fastest-growing areas in the industry:
- Experience incorporating UI/UX and platforms such as Salesforce, Commerce, and CMS
- Digital Engineering encompassing Cloud, Intelligent Automation, Product Engineering, and Digital Assurance.
- Data & Analytics which include Data Engineering, Data Management & Governance, Advanced Analytics with AI/ML, and Visualization
The company’s new logo focuses on the ‘peak’ or apex, and the icon combines the ‘A’ of Apexon and the ‘I’ of Infostretch, coming together at the top of the pyramid, signifying how the merger brings the strengths of both brands together.
Apexon is a digital-first technology services firm specializing in accelerating business transformation and delivering human-centric digital experiences. For over 17 years, Apexon has been meeting customers wherever they are in the digital lifecycle and helping them outperform their competition through speed and innovation. Our reputation is built on a comprehensive suite of engineering services, a dedication to solving our clients’ toughest technology problems, and a commitment to continuous improvement. We focus on three broad areas of digital services: User Experience (UI/UX, Commerce); Engineering (QE/Automation, Cloud, Product/Platform); and Data (Foundation, Analytics, and AI/ML), and have deep expertise in BFSI, healthcare, and life sciences.
Apexon is backed by Goldman Sachs Asset Management and Everstone Capital.
For more information visit: https://www.apexon.com/.