Carlyle's Hexaware Technologies seals $1bn India IPO

The global IT services firm, which uses AI, is still majority owned by Carlyle; the listing on the BSE and NSE is the largest technology services and sponsor-owned IPO in India; there were five banks involved.

Andrew Tjaardstra

February 19, 2025

Hexaware Technologies (Hexaware), a global IT services company, most recently privately owned by global investment firm Carlyle, has listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) in India.

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