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Coforge, formerly known as NIIT Technologies, is an Indian multinational information technology company based in Noida, India, and New Jersey, United States.[4][5] The company's stock trades on the Bombay Stock Exchange and on the National Stock Exchange of India under the ticker symbol COFORGE.[6][7][8]
The company was incorporated in 1992 as NIIT Technologies Ltd, the software services division of NIIT.[8][9]
In 2006, the company acquired UK Insurance Solutions Company. In the same year company partnered with Adecco SA.[10] In 2008, the company signed a multi-million-pounds deal with British Airways.[11]
In 2012, the company implemented "Intranet Prahari" project for Border Security Force approved by the Government of India.[12] 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.[13]
In September 2012, the company launched Crew Wings, an application for Airline Cabin Crew Members.[14] In the same year, the company acquired Sabre Holdings' Philippines Development Center.[15]
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.[16]
In April 2019, Baring Private Equity Asia acquired a 30.6% stake in NIIT Technologies from the promoter group for ₹2,627 crore.[17] In July 2019, Baring increased its shareholding by 35% via an open offer to public shareholders for ₹3,045 crore.[18]
In 2020, NIIT Technologies was re-branded as Coforge.[1][19]
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.[20]
By August 2023, Baring Private Equity Asia divested its entire 70% stake in Coforge, selling it across multiple tranches beginning in October 2020.[21][22]
In May 2024, Coforge announced that it would acquire a 54% stake in Cigniti Technologies.[23]
In March 2025, Coforge acquires Rythmos and TMLabs for $30 million and AUD 20 million respectively[24]
