Hexaware Technologies Ltd. closed at ₹513.00 on the BSE, up ₹7.80 or 1.54% amid news that the IT services firm will become a Preferred Partner in Anthropic’s Claude Partner Network. The move followed a 4% slump linked to the resignation of former CEO Nikhil Rawal, leaving investors eager for a positive signal.
The partnership, set for multiple years, will place Anthropic’s Claude model at the core of Hexaware’s AI‑native engineering platform, Zerovity, and its agent governance platform, AgentVerse, which already hosts over 600 pre‑built agents. Siddharth Dhar, President and Global Head of AI, said the alliance aims to deliver outcome‑based services in IT operations and software engineering, targeting technical debt, security gaps and support ticket backlogs.
Hexaware boasts more than 1,100 Claude‑certified professionals, a figure highlighted by COO Vinod Chandran as a key differentiator. Chandran added that the partnership will extend these capabilities to clients through joint go‑to‑market activities and customer deployments, potentially boosting the firm’s AI‑enabled service margin.
The announcement comes as the broader AI‑services sector sees firms like Infosys and Wipro signing similar deals with OpenAI and Google. Analyst Rakesh Gupta notes that while the market is still pricing in the full impact of this partnership, Hexaware’s early certification advantage could give it a competitive edge in capturing high‑margin AI service contracts.
Looking ahead, Hexaware has not issued new guidance, but the partnership could influence its upcoming FY25 revenue outlook. Investors will be watching the February quarterly results for any indication of how quickly the Claude integration translates into incremental revenue and margin expansion.