XAware Inc. history

In 1990, Atul Nishar, founder of Aptech set up Hexaware.

In 1992, the company was incorporated as Public Limited Company under the name Aptech Information Systems.

As per the scheme of Arrangement & Reconstruction between Apple Finance Ltd and the company the erstwhile Information Technology division of Apple Finance Ltd was transferred to the company with effect from 1st July of the year 1995.

The name of the Company was changed to Aptech Ltd from Aptech Information System Ltd effective from 5th August of the year 1996.

During the year 1997 the company established an Airlines Practice and won the first client for Airlines Practice 'Air Canada' in the same period.

The Company entered into collaboration with TACK Training International UK to offer TACK's training services to the Indian corporate peoples in the year 1998.

In 2001, Aptech was rechristened as “Hexaware Technologies Limited”. The software division of Aptech and the training outfit were demerged in the same year.

Hexaware launched BPO practice in late 2002 and also in the same year partnership with PeopleSoft in the ASEAN region.

In 2004, a European Development Center was unveiled in Germany and an independent BPO firm – Caliber Point was launched.

The Company ranked 11th in NASSCOM Top 20 in the year 2005 and in the same year Hexaware opened office in Japan.

It also acquired a software testing company called Focus Frame in 2006 for 34.3 million USD.

As of June 2007 Hexaware selected by a major System Integrator in Japan to develop a core bespoke application for the IT modernization of the Postal department of a South East Asian country.

Hexaware arm RiskTech bagged three new contracts in July of the year 2008 a subsidiary and a leading provider of enterprise risk management and risk technology services has won three new consulting and implementation contracts in UK and Middle East.

In 2010 Hexaware Technologies expanded its reach to 20 countries across the globe.

In 2011, it won the Golden Peacock Award for excellence in Corporate Governance.

In 2012 Hexaware Technologies bagged a multi-million-dollar multi-year contract in the financial sector domain in Europe.

In 2013, the company started it’s Global Delivery Center in Texas, USA and in the same year, a new center was opened in Singapore.

During the year the company won a multi-million-dollar IT+BPO deal for a logistics major in APAC. In 2014 Hexaware Technologies announced the launch of HCM service offering.

Recently, the company witnessed a growth in its profits by 29.8% in Nov 2015.