As digital transformation matures, identity has become the new security perimeter—and Hexaware Technologies wants to own that space.
The global IT and consulting firm (NSE: HEXT) announced the acquisition of CyberSolve, a specialist in identity and access management (IAM) solutions. The move strengthens Hexaware’s cybersecurity and AI operations portfolio while helping enterprises modernize identity systems across increasingly hybrid tech environments.
It’s a strategic bet on a fast-growing market. With every cloud migration, remote-work rollout, and AI integration depending on trustworthy identity, IAM has become a top-line priority—not just for CISOs, but for boards and CEOs.
“Cybersecurity has moved from an IT concern to a business imperative,” said Siddharth Dhar, President & Global Head – Digital IT Operations & AI at Hexaware. “By bringing CyberSolve into Hexaware, we combine their craftsmanship in identity programs with our platform-led delivery and global operations. Clients will see faster value, stronger controls, and a clearer path to secure digital growth.”
Why It Matters: Identity Is Now Infrastructure
Digital identity has evolved far beyond password management. Today, it underpins everything from zero trust architectures to AI-driven access control and regulatory compliance.
CyberSolve’s reputation for running large-scale IAM programs—across retail, healthcare, pharma, financial services, logistics, government, and tech—makes it a strong fit for Hexaware’s global ambitions.
With 230+ IAM specialists, 20+ technology alliances, and over 650 successful implementations, CyberSolve brings both depth and speed: app onboarding, platform migration, and compliance-ready operations executed with precision.
By combining those capabilities with Hexaware’s AI-first operations, cloud security, and GRC expertise, the merged entity aims to help enterprises move from isolated security projects to a connected identity fabric spanning on-prem, cloud, and edge.
A Merged Mission: Trust at Scale
CyberSolve CEO Mohit Vaish called the merger “a chance to scale our mission—to inspire trust in every digital interaction.” He noted that Hexaware’s global footprint and AI capabilities will enable CyberSolve to deliver measurable security outcomes “at enterprise scale.”
The enthusiasm is shared internally. Managing Partners Atul Agrawal and Shubham Khandelia highlighted the cultural alignment between the two firms—both emphasizing automation, speed, and client trust.
“The combined strengths of our IAM expertise and Hexaware’s AI-first operations create tremendous potential to redefine how global enterprises approach digital identity and security,” said Agrawal.
“Together, we can deliver broader capabilities, faster innovation, and stronger assurance,” added Khandelia.
Clients are already expressing confidence. Chris Lugo, VP & CISO at Blue Cross Blue Shield Association, noted that CyberSolve “has consistently helped bring clarity and momentum to complex initiatives,” adding that Hexaware’s scale “will deliver even greater impact.”
The Bigger Picture: AI Meets Identity
This acquisition reflects a broader industry trend: the fusion of AI, automation, and identity governance. As enterprises adopt agentic AI and autonomous systems, securing both human and non-human identities is becoming a business-critical function.
Hexaware’s focus on “AI-first operations” positions it well to automate access control, detect anomalies, and orchestrate compliance in real time—capabilities that traditional IAM platforms often lack.
Together, Hexaware and CyberSolve aim to:
- Simplify IAM modernization for hybrid cloud and multi-app ecosystems.
- Automate policy enforcement and compliance through AI and analytics.
- Enable faster application onboarding and migration.
- Deliver continuous assurance through identity-driven observability.
The joint offering targets a market projected to exceed $36 billion by 2028 (MarketsandMarkets), as identity becomes the backbone of digital trust and risk management.
The Bottom Line
For Hexaware, acquiring CyberSolve isn’t just a portfolio expansion—it’s a signal of intent. As enterprises grapple with increasingly complex digital estates, getting identity right is no longer optional.
By uniting CyberSolve’s specialized IAM experience with Hexaware’s automation and AI muscle, the company is positioning itself as a top-tier player in next-generation cybersecurity and digital trust.
In a world where every application, device, and AI agent needs its own verifiable identity, this deal gives Hexaware the one thing every enterprise wants: control without compromise.
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