Genpact Acquires XponentL Data to Strengthen AI and Data Capabilities
Genpact has acquired XponentL Data, a provider of data products and AI solutions, to bolster its AI and data strategy capabilities. The acquisition supports Genpact’s ongoing shift towards AI-first services, reinforcing its offerings across strategy, implementation, and industry-specific applications. The deal, which closed on June 5, will bring XponentL’s expertise in data strategy, design, and engineering into Genpact’s portfolio. XponentL will also add partnerships with leading platforms, including Databricks, Amazon Web Services, and Microsoft. “We believe the future belongs to companies that deploy AI at speed and scale—on a bedrock of data expertise,” Balkrishan ‘BK’ Kalra, president and CEO of Genpact, said. “XponentL’s robust intellectual property will further strengthen how Genpact can help clients harness the full value of their data.” XponentL aims to bring capabilities across life sciences, healthcare, and enterprise AI strategy. Genpact said the combination will fuel its service-as-a-service (SaaS) and AI Gigafactory initiatives, helping clients scale their AI transformations with operational efficiency. “Genpact and XponentL share a vision to unlock the power of data for our clients—this opportunity allows us to take it to the next level,” said Tom Johnstone, founder of XponentL, who will continue to lead the business. Meanwhile, Michael Hartman, senior vice president at Databricks, called the acquisition a “unique combination of innovation and scale”, noting XponentL’s experience applying intelligent agents and modern architectures on the Databricks platform. While all XponentL employees will join Genpact, the financial terms of the deal were not disclosed.
The deal will bring XponentL’s expertise in data strategy, design, and engineering into Genpact’s portfolio.
Genpact has acquired XponentL Data, a provider of data products and AI solutions, to bolster its AI and data strategy capabilities. The acquisition supports Genpact’s ongoing shift towards AI-first services, reinforcing its offerings across strategy, implementation, and industry-specific applications.
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Siddharth is a media graduate who loves to explore tech through journalism and putting forward ideas worth pondering about in the era of artificial intelligence.