Archive · 24 Jan 2026
HCLTech Acquires Finergic Solutions for Rs 136 Crore
HCLTech, a big Indian IT company, is buying Finergic Solutions, a smaller company based in Singapore.
The deal is worth about Rs 136 crore.
Finergic helps with money management and banking.
HCLTech wants to use Finergic's skills to make their services better for people who manage money.
The deal should be finished by April 2026.
Finergic has offices in four countries and made 12.6 million SGD last year.
HCLTech thinks this will help them use more advanced technology, like AI, to help their clients.
HCLTech to acquire Singapore-based Finergic Solutions for 19 million SGD (Rs 136 crore).
The acquisition aims to strengthen HCLTech's financial services expertise, particularly in core banking and wealth management.
The deal is expected to close by April 30, 2026.
Finergic has a presence in Singapore, Luxembourg, Switzerland, and India, and posted a revenue of 12.6 million SGD in 2024.
HCLTech plans to integrate Finergic's capabilities to accelerate the delivery of next-generation, AI-native wealth management solutions.
- Who
- HCLTech and Finergic Solutions Pte Ltd
- What
- Acquisition of Finergic by HCLTech
- When
- Agreement signed on January 23, 2026; expected to close by April 30, 2026
- Where
- Singapore (Finergic's headquarters); HCLTech is based in India
- Why
- To strengthen HCLTech's financial services expertise, particularly in core banking and wealth management, and to enhance service delivery in these industries
- Acquirer
- HCLTech
- Acquired Company
- Finergic Solutions Pte Ltd
- Purchase Price
- 19 million SGD (Rs 136 crore)
- Expected Closing Date
- April 30, 2026
- Finergic's Revenue (2024)
- 12.6 million SGD
- Finergic's Founding Year
- 2019
- Finergic's Locations
- Singapore, Luxembourg, Switzerland, India
