We plan to double our headcount to 10k in 3-4 years: Apexon CEO

Goldman Sachs-backed Apexon, a digital engineering and services firm, plans to double its workforce over the next three to four years, with a strong emphasis on the Indian market. In an interaction with TechCircle, CEO Sriniketh Chakravarthi said that the company currently employs 5,000 people globally, 70% of whom are based in India.

Last year, the US-based firm opened an innovation facility in Ahmedabad, the site of Infostretch's first Indian office before its merger with Apexon in 2022. The company also operates delivery centres in Bengaluru, Chennai, Coimbatore, Hyderabad, Mumbai, and Pune, and has 15 offices and 10 delivery centres worldwide.

Chakravarthi highlighted that the company is investing in enhancing staff productivity through rigorous training and upskilling. Apexon employs artificial intelligence (AI) across its operations, including recruitment and employee development, using data-driven insights to create tailored career paths, he said. This approach is already contributing to business growth for many clients.

The company serves a diverse client portfolio, including banking, financial services and insurance (BFSI) organisations such as Seattle Bank and healthcare firms like ProPharma and Paige. While North America and Europe are its primary markets, Apexon also supports the Indian operations of international clients and collaborates with local enterprises such as Fabindia in the retail and e-commerce sectors.

In its engineering division, Apexon employs a variety of roles, including full-stack developers, application programming interface (API) engineers, cloud engineers, and quality assurance specialists. The company seeks to help employees advance to architect-level positions and focuses on regulated sectors like banking and healthcare. Understanding specific domains is essential for addressing technology challenges effectively.

Chakravarthi believes that despite being in a crowded space, where every other company is venturing into digital transformation, Apexon’s focus is very niche in segments such as digital experience and analytics markets with transformation efforts aimed at enhancing the human experience through customisation and improved communication.

“Our company culture prioritises strong technical expertise and problem-solving skills, particularly for our Fortune 500 clients and hence we provide continuous training to our employees,” he said.

The company is exploring digital twins with medical device and life sciences companies to enhance product market entry and field service efficiency, including immersive training use cases. Additionally, it is investing in AI tools like Copilot to boost productivity and improve software development and testing processes.

“GenAI is also another key area of focus,” he said, adding that the firm has mandated GenAI training for its workforce, ensuring nearly all employees have some knowledge of the technology, which they can apply based on their roles.

Looking ahead to 2025, Chakravarthi emphasised Apexon's commitment to being an innovation-led partner through digital experience, analytics, and cloud services. The company aims to accelerate growth by expanding into adjacent verticals, technologies, and geographies while striving to be an attractive workplace for top talent.