Chennai-based Indium, an AI-driven digital engineering company backed by the private equity firm EQT, has announced a definitive agreement to acquire a majority stake in Kochi-based Experion. Experion is a global product engineering services company with a diverse clientele across North America, the UK, Europe, Australia, and Japan. This acquisition will allow Indium to expand its workforce from 3,500 to 5,000 employees by adding 1,500 new roles.
The merger aims to combine Experion’s comprehensive product engineering expertise,from ideation to market launch, with Indium’s advanced data and AI capabilities. This strategic collaboration is set to empower clients in various industries, including financial services, healthcare, manufacturing, retail, automotive, and transportation, to create transformative digital products, platforms, and solutions that deliver compelling user experiences.
Founded in 2006, Experion specialises in product strategy, engineering, cognitive computing, platform engineering, and experience design. These capabilities enable clients to design, develop, deploy, and maintain their products and platforms effectively.
“The synergies and complementary capabilities of Indium and Experion will amplify our ability to deliver superior digital and product engineering solutions to customers,” stated Ram Sukumar, CEO and Co-founder of Indium.
Binu Jacob, CEO and Co-founder of Experion, emphasised that partnering with Indium will enhance their AI-driven engineering capabilities and unlock synergies to scale solutions for a broader global audience, reinforcing their shared values of integrity, innovation, and customer centricity.