Industry News | 6/25/2025
GenXAI Acquires SoftGrid to Enhance AI-Driven Digital Solutions
GenXAI has acquired SoftGrid Computers, aiming to integrate AI with digital development to create advanced intelligent platforms. This acquisition is expected to bolster GenXAI's global expansion and enhance its technological offerings.
GenXAI Acquires SoftGrid to Enhance AI-Driven Digital Solutions
In a strategic move to strengthen its position in the digital solutions market, GenXAI, a provider of AI-powered enterprise performance management (EPM), has announced its acquisition of SoftGrid Computers, a company known for its expertise in application development and web design. This acquisition, revealed in June 2025, aims to merge GenXAI's advanced AI capabilities with SoftGrid's extensive experience in building mobile-first digital infrastructures.
Strategic Goals of the Acquisition
The collaboration between GenXAI and SoftGrid is designed to accelerate GenXAI's global expansion and enhance its technological portfolio, addressing the growing demand for adaptable digital platforms across various sectors. By integrating SoftGrid's decade-long experience in custom application and web design, GenXAI aims to deliver a new generation of AI-infused technologies.
Complementary Strengths
GenXAI has established itself in the enterprise performance management sector by utilizing AI to provide innovative solutions, often partnering with major tech platforms such as Anaplan and SAP. This enables the company to offer sophisticated, data-driven insights and automation to large enterprises. Conversely, SoftGrid Computers, founded in 2010, has built a solid reputation in web and mobile application development, e-commerce solutions, and custom software, serving a diverse clientele across India, the USA, and the UK.
Leadership Perspectives
Both companies' leadership has expressed a shared vision for the future of technology. Rakesh Agarwal, founder and executive chairman of GenXAI, stated that the acquisition aligns with the company's goal of redefining technology's future. Ajay Golani, co-founder of SoftGrid, emphasized that joining forces with GenXAI will amplify their vision using AI, allowing for a greater impact in the digital landscape.
Industry Implications
The acquisition of SoftGrid by GenXAI reflects a broader trend in the tech industry, where specialized firms are merging to create more comprehensive service offerings. This strategic move is expected to enhance GenXAI's capabilities, broaden its service portfolio, and tap into new markets, ultimately meeting the rising global demand for intelligent and adaptable digital solutions.
Conclusion
The acquisition marks a pivotal moment for both GenXAI and SoftGrid, setting the stage for a powerful collaboration that aims to deliver next-generation digital solutions. By combining GenXAI's AI expertise with SoftGrid's development skills, the newly formed entity is poised to innovate and lead in the digital infrastructure space, catering to the evolving needs of a digitally transforming world.