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Akshay Patel

23rd Jan · SEBI-Registered Analyst

HCLTECH
announced on January 23, 2026, the acquisition of Singapore-based Finergic Solutions Pte Ltd for 19 million Singapore Dollars in cash consideration, expected to close by April 30, 2026. Founded in 2019, Finergic specializes in core banking and wealth management transformation with global presence and reported 12.6 million Singapore Dollars revenue in 2024. The strategic acquisition strengthens HCLTech's financial services capabilities and wealth management offerings, combining Finergic's niche expertise with HCLTech's scale to enhance service delivery across the financial services industry. Please note that the information shared is intended solely for informational purposes and does not make any investment recommendations.

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