NSEUpdates16 Jul 2026 · 16 Jul 2026, 04:54 pm

Updates

Hexaware Technologies Limited · HEXT

✦ AI Summary▲ PositiveExpansion

Hexaware Technologies Limited has partnered with Factory to bring agent-naive development to global enterprises. The partnership aims to help engineering teams build, test, modernize, and manage software inside the workflows they already use. Hexaware has also deployed Droids internally as 'Customer Zero' and will train and enable its delivery teams to deploy and manage Factory Droids in client environments.

Analysis Scores

Earnings Impact6/10
Growth Catalyst8/10
Governance Concern2/10
Regulatory Risk1/10
Balance Sheet Risk3/10
Liquidity Impact8/10
Market Sentiment9/10

✦ Ask a Question

Ask anything about this announcement — AI will answer based on the filing content.

0/500

Full Announcement

Hexaware Technologies Limited has informed the Exchange regarding 'Hexaware and Factory Partner to Bring Agent-na􀆟ve Development to Global Enterprises'.

Attachments (1)

📄

HEXAWARETECH_16072026165416_Final_PR_July_16.pdf

pdf

Download →
View document text
HEXT/SE/2026/70 Date: July 16, 2026 To, To, Lis(cid:415)ng Department Department of Corporate Services Na(cid:415)onal Stock Exchange of India Limited BSE Limited Exchange Plaza, Bandra-Kurla Complex, Phiroze Jeejeebhoy Towers, Bandra (East), Mumbai - 400 051 Dalal Street, Mumbai - 400 001 Symbol: HEXT Scrip Code: 544362 Dear Sir, Sub: Press Release Please find enclosed Press Release on “Hexaware and Factory Partner to Bring Agent-naôve Development to Global Enterprises”. This information will also be hosted on the Company’s website at www.hexaware.com. Kindly take the same on record. Thanking you, Yours faithfully, For HEXAWARE TECHNOLOGIES LIMITED Gunjan Methi Company Secretary & Compliance Officer Encl.: as above. HEXAWARE TECHNOLOGIES LIMITED Regd. Office: 8th Floor, 13th Level,Q1, Loma Co-Developers1 Private Limited, Plot No.Gen-4/1,TTC Industrial Area, Ghansoli, Navi Mumbai-400710, Maharashtra, India | Tel: +91 022 3326 8585 | Email: investori@hexaware.com CIN: L72900MH1992PLC069662 | URL: www.hexaware.com Hexaware and Factory Partner to Bring Agent-na(cid:415)ve Development to Global Enterprises Driving moderniza(cid:415)on, refactoring, and migra(cid:415)on efforts with Droids across sectors Thursday, July 16th, 2026: Hexaware Technologies [NSE: HEXT], a global provider of IT solu(cid:415)ons and services, has announced a partnership with Factory to take agent-na(cid:415)ve so(cid:332)ware development to enterprise clients across professional services, banking and financial services, and other major sectors. The partnership brings Factory’s Droid pla(cid:414)orm into Hexaware’s global delivery ecosystem, helping engineering teams build, test, modernize, and manage so(cid:332)ware inside the workflows they already use. Hexaware has also deployed Droids internally as “Customer Zero,” using the pla(cid:414)orm in its own engineering environment before taking it to clients. Moving Agents into Everyday Engineering Work As enterprises look to accelerate so(cid:332)ware delivery and moderniza(cid:415)on efforts, agent-na(cid:415)ve development is emerging as a new model for scaling engineering work. Through this partnership, Hexaware will train and enable its delivery teams to deploy and manage Factory Droids in client environments. The enablement work will cover:  Droid integra(cid:415)on with SDLC toolchains, including GitHub, Jira, Azure DevOps, and enterprise CI/CD pipelines  Domain-specific agent configura(cid:415)on for regulated industries  Compliance-aware code genera(cid:415)on and audit-ready documenta(cid:415)on  Measurement of engineering velocity, quality improvement, and cost efficiency  Joint Factory and Hexaware squads to support early deployments and scale-up Early Focus Across Key Industries Ini(cid:415)al engagements are focused on areas where engineering complexity and governance requirements are highest. For instance, in professional services, Hexaware is applying Droids to legacy moderniza(cid:415)on, technical debt reduc(cid:415)on, and large-scale refactoring ini(cid:415)a(cid:415)ves. In banking and financial services, the focus is on applica(cid:415)on moderniza(cid:415)on within regulated environments. “We’ve seen drama(cid:415)c gains in adop(cid:415)on over the last three months. We priori(cid:415)zed training our senior developers, architects, and pod leaders on Factory, and they became evangelists and champions across the organiza(cid:415)on,” said David Corrado, SVP – Strategic Global Clients, Hexaware. “We’re seeing 5x to 10x gains in produc(cid:415)on-ready output while inves(cid:415)ng the necessary (cid:415)me in guardrails and governance so these agents can operate with efficiency and safety.” From Internal Use to Client Scale Across internal codebases, Hexaware has used Factory’s Droids for large-scale refactoring, documenta(cid:415)on, code migra(cid:415)ons, and repository consistency. That experience now informs how Hexaware plans to support clients in adop(cid:415)ng agent-na(cid:415)ve development, with the right controls in place. “AI is changing so(cid:332)ware delivery from a support func(cid:415)on into an execu(cid:415)on layer within engineering,” said Kush Gupta, Global Head – Professional Services, Hexaware. “With Factory, we’re helping clients apply so(cid:332)ware agents to complex delivery work in a controlled way, with speed, consistency, documenta(cid:415)on, and governance built into the process.” “Hexaware proved this on its own engineering before bringing it to clients. That credibility, with their reach across regulated industries, is the kind of partner we want carrying agent-na(cid:415)ve development into the enterprise,” said Matan Grinberg, Co-founder & CEO, Factory. Factory and Hexaware will bring the capability to market through co-developed offerings and delivery team enablement. About Factory Factory is the pla(cid:414)orm enterprises use to build and operate their So(cid:332)ware Factory: a 24/7 system that con(cid:415)nuously turns signals into produc(cid:415)on so(cid:332)ware across the en(cid:415)re lifecycle. It's model-agnos(cid:415)c, deploys anywhere from cloud to fully air-gapped, and keeps engineers in control as the governance layer. Factory was founded in 2023 by Matan Grinberg and Eno Reyes and is headquartered in San Francisco. Investors include Sequoia Capital, Blackstone, JP Morgan, NEA, Khosla Ventures, and Insight Partners. For more informa(cid:415)on, visit factory.com. About Hexaware Hexaware is a global technology and business process services company. Every day, Hexawarians wake up with a singular purpose: to create smiles through great people and technology. With offices across the world, we empower enterprises worldwide to realize digital transforma(cid:415)on at scale and speed by partnering with them to build, transform, run, and op(cid:415)mize their technology and business processes. Learn more about Hexaware at h(cid:425)ps://hexaware.com. For details, please contact: Reena Kamble | Aishwarya Pillai mediarela(cid:415)ons@hexaware.com Hexaware Technologies Limited