Coforge Acquires Encora, Creating $2.5 Billion AI-Powered Tech Giant by 2026
April 13, 2026
Coforge has secured regulatory approvals to acquire Encora, forming an AI-native technology services powerhouse with a $2.5 billion run-rate and a $2 billion core focused on data, AI-led engineering, and cloud services.
CEO Sudhir Singh says the transaction is on plan, with synergies on track, and the merged entity is set to operate at a $2.5+ billion run-rate by around April 2026, anchored by the AI-led engineering, data, and cloud services core.
The merger aims for a combined annual revenue run rate of $2.5 billion, leveraging Encora’s AI-led engineering and cloud capabilities to enhance Coforge’s AI and digital-transformation offerings.
Disclaimer: the article includes standard investment-risk language and advises consulting investment advisors before investing.
AI Mod Squads have delivered results like a 70% reduction in cycle time for banking loan origination and a 50% faster underwriting cycle for insurance.
Coforge’s stock has shown mixed performance, with an RSI of about 55 and shares down roughly 26% year-to-date.
The product portfolio includes industry-specific agents (fraud detection, claims triage, weather alerts) and engineering agents (code reverse engineering, QA automation, incident management), offered in a human-in-the-loop setup with customer-hosted or Forge-X options.
Information is based solely on the company’s official press release and has not been independently verified.
Pricing for AI Mod Squads is subscription-based per squad, with fixed monthly fees covering foundational elements, agents, and senior engineers, influenced by the number, complexity, and autonomy of deployed agents.
Coforge emphasizes an AI-native approach, trusted AI principles, and outcomes-led delivery to reduce costs, shorten cycle times, and improve client margins.
Integration planning is progressing on schedule under an Integration Management Office, with leadership continuity maintained as senior leaders have agreed to stay.
The press release contains forward-looking statements about risks and uncertainties, with no obligation to update except as required by law.
Summary based on 9 sources
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Sources

ETLegalWorld • Apr 13, 2026
Coforge Clears Final Regulatory Hurdles for Encora Buy
Business Standard • Apr 13, 2026
Coforge receives regulatory approvals for acquisition of Encora
Business Wire • Apr 13, 2026
Coforge Receives All Statutory and Regulatory Clearances for Encora Acquisition
Trade Brains • Apr 13, 2026
Coforge Shares in Focus After All Regulatory Approvals Cleared for $2.5 Billion Encora Acquisition