Aeries Technology Announces Strategic Partnership with Fortra to Set Up GCCs in India and Mexico

MUMBAI, India, June 02, 2025 (GLOBE NEWSWIRE) -- Aeries Technology, Inc. (Nasdaq: AERT), a leading provider of Global Capability Center (GCC) solutions, today announced a strategic partnership with Fortra, a global cybersecurity software and services provider. This collaboration is aimed at establishing GCCs for Fortra in both India and Mexico, to expand their existing India-based workforce and add a nearshore hub.

Aeries will leverage its expertise to deliver purpose-built solutions through these GCCs, focusing on enhancing core business functions. The GCCs will enable Fortra to further access a skilled and diverse talent pool, ensure cost efficiency, and scale operations, aligning strategically with their business objectives. These facilities will serve as a hub for fostering innovation, optimizing operational efficiency, and accelerating digital transformation initiatives.

Matt Reck, Chief Executive Officer, Fortra, commented, “In the search for an organization to help establish a Global Capability Center, we were seeking a long-term partnership that not only aligns with our objectives but also offers continued support during the operational phase. Working with Aeries ensures that we have an expert advisor as we expand our workforce in India and scale our business.”

Ajay Khare, Chief Executive Officer, Aeries, stated, “We are thrilled to launch this partnership with Fortra. This collaboration highlights our distinct capabilities and reinforces our commitment to delivering state-of-the-art support and services that meet the evolving needs of our global clients. We are proud to collaborate with Fortra to drive innovation and excellence.”

About Fortra

Fortra provides advanced offensive and defensive security solutions that deliver comprehensive protection across the cyber kill chain. With complete visibility across the attack chain, access to threat intelligence spanning the globe, and flexible solution delivery, Fortra customers can anticipate criminal behavior and strengthen their defenses in real time. Break the attack chain at fortra.com.

About Aeries Technology

Aeries Technology (Nasdaq: AERT) is a global leader in Global Capability Center (GCC) solutions. We establish GCCs for Private Equity’s Portfolio Companies and deliver a comprehensive suite of Advisory & Value Creation solutions. Leveraging advanced technologies like AI and automation, Aeries offers tailored engagement models designed to deliver flexible, impact-driven solutions with measurable outcomes.

Founded in 2012, Aeries Technology has grown to over 1,800 professionals, and its commitment to workforce development has earned it the Great Place to Work Certification for two consecutive years.

Contacts

For Fortra
PR@fortra.com

For Aeries
IR@aeriestechnology.com

Forward-Looking Statements
All statements in this release that are not based on historical fact are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995 and the provisions of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Words such as “anticipate,” “believe,” “continue,” “could,” “estimate”, “expect”, “hope”, “intend”, “may”, “might”, “should”, “would”, “will”, “understand” and similar words are intended to identify forward looking statements. These forward-looking statements include but are not limited to, statements regarding our future operating results, outlook, guidance and financial position, our business strategy and plans, our objectives for future operations, and macroeconomic trends. While management has based any forward-looking statements included in this release on its current expectations, the information on which such expectations were based may change. These forward-looking statements rely on a number of assumptions concerning future events and are subject to a number of risks, uncertainties and other factors, many of which are outside of the control of Aeries and its subsidiaries, which could cause actual results to materially differ from such statements. The following factors, among others, could cause actual results and the timing of events to differ materially from the anticipated results or other expectations expressed in the forward-looking statements: our market opportunity; our ability to maintain the listing of the Class A ordinary shares and the warrants on the Nasdaq Stock Market, and the potential liquidity and trading of such securities; our business development efforts to maximize our potential value and to retain and expand our customer base; our estimates regarding expenses, future revenue, capital requirements and needs for additional financing; our financial performance; our ability to continue as a going concern; the sufficiency of our existing cash and cash equivalents to fund our operating expenses and capital expenditure requirements; our success in retaining or recruiting officers, key employees or directors, or any necessary changes to these positions; changes in applicable laws or regulations in the United States and foreign jurisdictions; our ability to develop and maintain effective internal controls; risks related to cybersecurity and data privacy; general economic and political conditions, such as the effects of the Russia-Ukraine and the Israel-Hamas conflicts, pandemics such as the COVID-19 outbreak, recessions, interest rates, inflation, local and national elections, fuel prices, international currency fluctuations, changes in diplomatic and trade relationships, political instability, acts of war or terrorism and natural disasters. Further information on risks, uncertainties and other factors that could affect our financial results are included in Aeries’ periodic and current reports filed with the U.S. Securities and Exchange Commission. Furthermore, Aeries operates in a highly competitive and rapidly changing environment where new and unanticipated risks may arise. Accordingly, investors should not place any reliance on forward-looking statements as a prediction of actual results. Aeries disclaims any intention to, and undertakes no obligation to, update or revise forward-looking statements, unless otherwise required by law.

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