ExlService Holdings announced that Vivek Jetley, President and Head of Insurance, Healthcare and Life Sciences, will resign from his positions effective October 26, 2026. Mr. Jetley is departing to assume the role of Chief Executive Officer at Hexaware Technologies Limited. His resignation was not due to any disagreement with management or the Board regarding operations or policies. He will remain in his current role until the departure date to assist with an orderly transition of duties, after which responsibilities will be assumed by other members of the Company’s management team. ExlService Holdings is a global data and AI company that provides services and solutions to reinvent client business models across industries such as insurance, healthcare, banking, retail, and energy.

ExlService Holdings entered into a new $1 billion senior secured credit facility on August 18, 2026, consisting of a $400 million term loan and a $600 million revolving credit facility. The agreement includes an accordion feature allowing increases up to the greater of $470 million or 100% of trailing four-quarter EBITDA. Proceeds were used to repay approximately $532.7 million in outstanding obligations under the previous Citibank Credit Agreement, with no early termination penalties incurred. The new facility matures on August 18, 2031, and imposes financial covenants including a maximum Total Net Leverage Ratio of 3.50 to 1.00. ExlService Holdings operates in the global data and AI services industry.

ExlService Holdings, Inc. reported second quarter 2026 financial results with revenue of $594.8 million, a 15.6% increase year-over-year. Diluted EPS was $0.42, while adjusted diluted EPS rose 22.3% to $0.59. The company raised its full-year 2026 organic revenue growth guidance to 13%-14% and total revenue guidance to $2.390 billion-$2.415 billion, reflecting anticipated revenue from the iMerit acquisition expected to close on July 31, 2026. Adjusted diluted EPS guidance was increased to $2.25-$2.29. ExlService Holdings, Inc. operates in the global data and artificial intelligence services industry.

ExlService Holdings, Inc. through its subsidiary Clairvoyant AI, Inc. entered into a securities purchase agreement to acquire iMerit Inc. for $170 million in upfront cash, plus up to $140 million in cash incentives and earnouts over two years. The transaction is expected to close in the third quarter of 2026, subject to customary closing conditions. ExlService Holdings, Inc. provides data analytics and operations management services to global enterprise clients.