HCLTech, a global technology firm, has signed a definitive agreement to acquire Finergic Solutions Pte. Ltd., a boutique wealth consulting firm headquartered in Singapore for a total cash consideration of 19 mn Singapore Dollar to boost its digital transformation offerings for wealth management industry, as per a regulatory filing the Noida-based firm made on Friday.
Founded in 2019, Finergic focuses on core banking and wealth management transformation and has a strong global presence. The addition of Finergic’s niche capabilities, combined with the scale of HCLTech, is expected to unlock stronger synergies and enhance service delivery across the financial services and wealth management industry, according to the media release posted on BSE.
HCLTech would acquire 100 percent equity in Singapore-based Finergic Solutions and the acquisition would be completed through a 100 percent cash transaction which is expected to close by April 30, 2026.
It further said HCLTech has 25+ years of global experience in serving leading financial institutions. By integrating Finergic’s specialised transformation strategy, consulting and wealth-architecture capabilities, HCLTech would accelerate the delivery of next-generation, platform-enabled wealth management solutions anchored by advanced AI-native workflows.
These capabilities, it further said, would complement HCLTech’s existing global experience supporting clients in Temenos products, including more than 40 global banks.
“With Finergic’s focused domain expertise, HCLTech is strategically positioned to strengthen its digital services capabilities in wealth management,” said Srinivasan Seshadri, Chief Growth Officer and Global Head – Financial Services, HCLTech.
This transformative transaction would enable the HCL to deliver advanced capabilities, foster innovation and unlock substantial synergies—empowering clients to realise greater business outcomes across the financial services landscape, he added.
“Our shared vision for the transformation of the financial services industry and complementary strengths position us to deliver even greater value to enterprises and create new opportunities for our people, said Ganesh Swaminathan, Saravanan, Kandaswamy and Senthil Kumar Sekar, co-founders of Finergic.
Finergic reported revenue of 12.6 million Singapore Dollar during calendar year 2024.
Published – January 23, 2026 09:46 pm IST
