Dev IT and XDuce Form Alliance to Expand IT Services in North America
Filing Summary
Dev Information Technology Limited has announced a strategic alliance with XDuce to enhance its IT services growth in North America. The partnership aims to strengthen Dev IT’s market presence in the United States and Canada, focusing on advanced technologies such as AI, blockchain, and cybersecurity. The collaboration is designed to improve speed-to-market and expand global delivery capabilities. In the fiscal year 2025, Dev IT reported a total income of ₹ 1,839 million. The company will maintain its current leadership structure to ensure stability during the alliance’s progression.
Dev Information Technology Limited has announced a strategic alliance with XDuce to enhance its IT services growth in North America. The partnership aims to strengthen Dev IT’s market presence in the United States and Canada, focusing on advanced technologies such as AI, blockchain, and cybersecurity. The collaboration is designed to improve speed-to-market and expand global delivery capabilities across digital engineering, cloud, data, artificial intelligence, and cybersecurity.
In the fiscal year 2025, Dev IT reported a total income of ₹ 1,839 million, with an EBITDA of ₹ 237 million and a net profit of ₹ 148 million. The company continues to operate under its existing leadership and management team, ensuring stability and consistent execution as the alliance progresses. The financial terms of the partnership with XDuce have not been disclosed in the filing.
The scope of the alliance includes strengthening go-to-market efforts and customer engagement across North America. The partnership will focus on expanding solutions across AI, blockchain, cybersecurity, and data to address evolving enterprise needs. The collaboration is expected to enable faster market access and a stronger regional presence in North America. It will also support scaled execution with expanded global delivery capacity backed by robust operational governance.
The partnership is centered on delivering stronger market access, a robust North America presence, expanded capabilities, and faster, more consistent outcomes for clients. It supports Dev IT’s objective of establishing an on-ground presence in North America with direct access to the U.S. market. The alliance also creates opportunities for teams across both organizations, including broader exposure to global programs and deeper engagement across AI, cloud, blockchain, cybersecurity, and data.
The implementation timeline and specific milestones for the alliance have not been detailed in the filing. However, Dev IT will continue to operate under its existing leadership and management team, ensuring stability and consistent execution as the alliance progresses.
XDuce is a global technology group that blends digital engineering with AI product innovation, design-led storytelling, and a dedicated talent engine. Supported by an accelerator-backed ecosystem and strategic partnerships, XDuce is building a growing portfolio of AI platforms across various sectors, helping clients modernize faster and operate with greater confidence.
Dev Information Technology Limited, founded in 1997, is a global IT services company listed on NSE and BSE. The company offers a comprehensive range of services, including Cloud Services, Digital Transformation, Enterprise Applications, Managed IT Services, and Application Development. Dev IT emphasizes continuous innovation, quality, and technological prowess, collaborating with clients globally to achieve their business objectives.