Coforge, formerly known as NIIT Technologies, is an Indian multinational

information technology Information technology (IT) is a set of related fields within information and communications technology (ICT), that encompass computer systems, software, programming languages, data processing, data and information processing, and storage. Inf ...

company based in

Noida Noida (), short for New Okhla Industrial Development Authority (ISO: ), is a city located in Gautam Buddha Nagar district of the Indian state of Uttar Pradesh. As per provisional reports of Census of India, the population of Noida in 2011 was ...

, India and

New Jersey New Jersey is a U.S. state, state located in both the Mid-Atlantic States, Mid-Atlantic and Northeastern United States, Northeastern regions of the United States. Located at the geographic hub of the urban area, heavily urbanized Northeas ...

, United States. The company's stock trades on the

Bombay Stock Exchange BSE Limited, also known as the Bombay Stock Exchange (BSE), is an Indian stock exchange based in Mumbai. It is the 6th largest stock exchange in the world by total market capitalization, exceeding $5 trillion in May 2024. Established with t ...

and on the

National Stock Exchange of India National Stock Exchange of India Limited, also known as the National Stock Exchange (NSE), is an Indian stock exchange based in Mumbai. It is the List of stock exchanges, 5th largest stock exchange in the world by total market capitalization, ...

under the

ticker symbol A ticker symbol or stock symbol is an abbreviation used to uniquely identify publicly traded Share (finance), shares of a particular stock or Security (finance), security on a particular stock exchange. Ticker symbols are arrangements of symbols ...

COFORGE.

History

The company was incorporated in 1992 as NIIT Technologies Ltd, the software services division of NIIT. In 2006, the company acquired UK Insurance Solutions Company. In the same year company partnered with Adecco SA. In 2008, the company signed a multi million pounds deal with

British Airways British Airways plc (BA) is the flag carrier of the United Kingdom. It is headquartered in London, England, near its main Airline hub, hub at Heathrow Airport. The airline is the second largest UK-based carrier, based on fleet size and pass ...

. In 2012, the company implemented "Intranet Prahari" project for

Border Security Force The Border Security Force (BSF) is a central armed police force in India under the Ministry of Home Affairs. It is responsible for guarding India’s borders with Pakistan and Bangladesh. It was formed in the wake of the Indo-Pak War of 196 ...

approved by

Government of India The Government of India (ISO 15919, ISO: Bhārata Sarakāra, legally the Union Government or Union of India or the Central Government) is the national authority of the Republic of India, located in South Asia, consisting of States and union t ...

. 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. In September 2012, the company launched Crew Wings, an application for Airline Cabin Crew Members. In the same year, the company acquired

Sabre Holdings Sabre Corporation, a travel technology company headquartered in Southlake, Texas, is the largest global distribution systems (GDS) provider for air bookings. The company's primary product, the Sabre Global Distribution System, and others lik ...

' Philippines Development Center. 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 control 55% of Ruletek. In April 2019,

Baring Private Equity Asia Baring Private Equity Asia (BPEA) was an Asian investment firm headquartered in Hong Kong. It was founded in 1997 as an affiliate of Barings Bank before becoming an independent firm in 2000. In 2022, it was acquired by EQT AB to act as its Asia ...

acquired a 30.6% stake in NIIT Technologies from the promoter group for 2,627 crore. In July 2019, Baring increased its shareholding by 35% via an open offer to public shareholders for 3,045 crore. In 2020, NIIT Technologies was re-branded as Coforge. 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. By August 2023, Baring Private Equity Asia divested its entire 70% stake in Coforge, selling it across multiple tranches beginning in October 2020. In May 2024, Coforge announced that it would acquire a 54% stake in Cigniti Technologies. In March 2025, Coforge acquires Rythmos and TMLabs for $30 million and AUD 20 million respectively

Philanthropy

Coforge collaborated with NIIT Foundation and launched a CSR initiative "Shiksha." Coforge has four operational centers training over 5,000 underprivileged youth in IT skills and employability. Coforge also sponsored the restoration of Neknampur Lake, a 98 acres lake in

Telangana Telangana is a States and union territories of India, state in India situated in the Southern India, south-central part of the Indian subcontinent on the high Deccan Plateau. It is the List of states and union territories of India by area, ele ...

. In February 2024, Coforge inaugurated a free public library in Noida.

References

External links

* {{Nifty 200 companies Indian companies established in 1981 Information technology companies of India Technology companies established in 1981 Companies based in Princeton, New Jersey Companies listed on the National Stock Exchange of India Companies listed on the Bombay Stock Exchange