Article · Wikipedia archive · Last revised Jul 5, 2026

Coforge

Coforge Limited, formerly known as NIIT Technologies Limited, is an Indian multinational information technology company based in Noida, Uttar Pradesh, India. The company provides digital transformation, consulting, and IT services to industries such as banking, financial services and insurance (BFSI), travel and transportation, healthcare, manufacturing, and government.

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Jul 5, 2026
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Coforge Ltd.
FormerlyNIIT Technologies
Company type
Public
ISININE591G01017
IndustryInformation technology
Founded13 May 1992 (1992-05-13)
HeadquartersNoida, Uttar Pradesh, India
Area served
Worldwide
Key people
Sudhir Singh (CEO)1
Services
RevenueIncrease ₹09,050 crore (US$940 million) (2025)
Increase ₹2,171 crore (US$230 million) (2025)
Increase ₹663 crore (US$69 million) (2025)
Number of employees
20,497 (2025)2
Websitewww.coforge.com
Footnotes / references
Financials as of 31 March 2025.3

Coforge Limited, formerly known as NIIT Technologies Limited, is an Indian multinational information technology company based in Noida, Uttar Pradesh, India.4 The company provides digital transformation, consulting, and IT services to industries such as banking, financial services and insurance (BFSI), travel and transportation, healthcare, manufacturing, and government.56

The company's stock trades on the Bombay Stock Exchange and on the National Stock Exchange of India under the ticker symbol COFORGE.789

History

The company was incorporated in 1992 as NIIT Technologies Ltd, the software services division of NIIT.910

In 2006, the company acquired UK Insurance Solutions Company. In the same year company partnered with Adecco SA.11 In 2008, the company signed a multi-million-pounds deal with British Airways.12

In 2012, the company implemented "Intranet Prahari" project for Border Security Force approved by the Government of India.13 In the same year, Indian Tobacco Board awarded a contract to the company for the implementation of e-auction system in Karnataka and Andhra Pradesh.14

In September 2012, the company launched Crew Wings, an application for Airline Cabin Crew Members.15 In the same year, the company acquired Sabre Holdings' Philippines Development Center.16

In 2018, the Company acquired controlling interest in RuleTek, a US-based BPM architecture services company. After the acquisition, Coforge's digital arm Incessant Technologies controls 55% of Ruletek.17

In April 2019, Baring Private Equity Asia acquired a 30.6% stake in NIIT Technologies from the promoter group for ₹2,627 crore.18 In July 2019, Baring increased its shareholding by 35% via an open offer to public shareholders for ₹3,045 crore.19

In 2020, NIIT Technologies was re-branded as Coforge.120

In April 2021, Coforge acquired 60% stake in SLK Global Solutions for ₹918 crore. After this acquisition, the company's employee count rose to 21,000 having inherited SLK's employee strength of 10,000.21

By August 2023, Baring Private Equity Asia divested its entire 70% stake in Coforge, selling it across multiple tranches beginning in October 2020.2223

References

References

  1. "NIIT Technologies rebrands as Coforge - ET BrandEquity". ETBrandEquity.com.
  2. "Coforge closes FY25 with 32% growth in constant currency, signs record $2.1 billion deals in fourth quarter". Fortune India. 5 May 2025.
  3. "Investor Presentation Q4 & FY25" (PDF). Coforge Limited. Retrieved 28 May 2025.
  4. "Coforge, Persistent outperform mid-tier peers amid slowdown". The Times of India. 10 February 2026.
  5. Dann, Hansa Iyengar,Rohan Kulkarni,Melissa Fersht,Jason (1 July 2025). "Coforge drives impactful transformations with focused execution intensity". HFS Research.{{cite web}}: CS1 maint: multiple names: authors list (link)
  6. "Analytics India Magazine". analyticsindiamag.com.
  7. "Coforge Limited". NSEIndia.
  8. "COFORGE Ltd. BSE India". BSEIndia.
  9. "Coforge Ltd Stock Price - (2369.60), Coforge Ltd Share Price Live Today, Coforge LtdStock Live BSE/NSE Share Price". Financialexpress.com.
  10. "The Men Behind NIIT". DATAQUEST. 24 October 2002. Retrieved 24 March 2023.
  11. "NIIT partners with Adecco to provide enhance services". Moneylife NEWS.
  12. "NIIT Tech signs 3-yr multi-mn pound deal with British Airways". mint. 26 September 2008.
  13. "NIIT Tech - 'Intranet Prahari' project for Border Security Force launched by Hon'ble Union Home Minister". Moneycontrol.com.
  14. "NIIT Technologies in pact with India Tobacco Board". The New Indian Express.
  15. "NIIT Technologies Launches Crew Wings, For Airline Cabin Crew Members". Firstpost. 5 September 2012.
  16. "NIIT Technologies acquires Sabre's Philippines Development Center". The Economic Times.
  17. "NIIT Tech's arm to acquire 55% interest in US firm RuleTek". mint. 31 May 2017.
  18. Pandey, Piyush (7 April 2019). "Baring Private Equity to acquire 30% stake in NIIT Technologies for ₹2627 crore". The Hindu. Retrieved 24 March 2023.
  19. "Baring PE Asia ups open offer size for NIIT Technologies". VCCircle. Retrieved 24 March 2023.
  20. "New strategy under a new brand? | CEO Sudhir Singh of Coforge to ET Now". Timesnownews.com.
  21. "Coforge to acquire 60% of SLK Global Solutions for Rs 918 crore". The Economic Times. 12 April 2021.
  22. Ramarathinam, Ashwin (19 May 2021). "Baring PE Asia sells 5.12% stake in Coforge for Rs1,008 crore". mint. Retrieved 30 January 2024.
  23. "Baring PE sells its entire stake in Coforge". The Economic Times. 25 August 2023. Retrieved 30 January 2024.
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