NSEUpdates16 Jul 2026 · 16 Jul 2026, 04:54 pm
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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.
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Growth Catalyst8/10
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Market Sentiment9/10
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Hexaware Technologies Limited has informed the Exchange regarding 'Hexaware and Factory Partner to Bring Agent-na􀆟ve Development to Global Enterprises'.
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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