HCLTech Share Price in Focus; To Acquire Singapore-Based Finergic Solutions to Boost Digital Transformation Offerings

HCLTech said it has signed a definitive agreement to acquire Finergic Solutions Pte Ltd, a Singapore-based consulting firm, in an all-cash transaction valued at about S$19 million (around $14.7 million). The company expects the deal to close by April 30, 2026, subject to regulatory approvals and customary closing conditions. 

Purpose of the Acquisition 

HCLTech said the acquisition is intended to add domain capabilities in wealth management and core banking to its financial services business. Finergic’s services are expected to be combined with HCLTech’s delivery operations to support digital transformation programmes for banks and wealth management firms.  

The company also said the integration will support platform-enabled wealth management solutions, including AI-based workflows. 

Finergic’s Business Overview 

Founded in 2019, Finergic focuses on core banking and wealth management transformation. The firm provides consulting, transformation strategy and wealth architecture services for financial institutions.  

It is headquartered in Singapore and has a presence in Luxembourg, Switzerland and India, with clients across multiple markets. 

Existing Financial Services Operations 

Reports suggest that HCLTech has more than 25 years of experience working with global financial institutions and currently supports over 40 banks worldwide.  

The company said Finergic’s expertise will complement its existing work with core banking platforms, including Temenos-based implementations, and widen its consulting and transformation offerings. 

Recent Mergers and Acquisitions 

The Finergic transaction is HCLTech’s fourth acquisition in less than 3 months. The company has spent more than $400 million on acquisitions during this period. Earlier deals include the purchase of HPE’s Telco Solutions business for $160 million, AI startup Wobby for $5.2 million and Jaspersoft for $240 million. 

Read More:  FY26 Outlook: HCLTech Expects 4.0%-4.5% YoY Revenue Growth in CC!  

HCLTech Share Price Performance  

As of January 23, 2026, 3:30 pm, HCL Technologies share price closed at ₹1,706.60, a 0.21% increase from the previous closing price. 

Conclusion 

The acquisition of Finergic adds consulting and transformation capacity in wealth management and core banking to HCLTech’s financial services portfolio. The transaction is scheduled to close in April 2026, subject to approvals and closing conditions. 

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