KPIT Technologies, a Pune-based global technology company has announced the listing of its new stock on the NSE and BSE following the merger and demerger with Birlasoft. The transaction resulted in two publicly-traded specialized technology companies – KPIT Technologies which is focused on automotive engineering & mobility solutions and Birlasoft which is focused on IT services.

The world of mobility is in for a paradigm shift, something that has not been witnessed in the last 100 years and this is driven by software. With a sharp focus on technology solutions, KPIT further strengthens its position as a niche software solutions provider with specialization in embedded software, AI (artificial

Our new vision is – Reimagining mobility with you for creation of a cleaner, smarter, safer world

intelligence) and digital solutions.

“Today is an important milestone for KPIT and marks the completion of the merger-demerger transaction. We are very excited about the start of our new journey. Over the last 20 years, we have built strengths that help us become a focused automotive engineering and mobility solutions company. We believe this new beginning will pave way for further value creation for all our stakeholders”, says Ravi Pandit, Co-founder, Chairman & Group CEO, KPIT.

“Our new vision is – Reimagining mobility with you for creation of a cleaner, smarter, safer world. The paradigm shift in mobility gives us an opportunity to think afresh. We want to be a key participant in this shift to build a new world of mobility. We are geared to achieve this by building platforms, tools, accelerators, innovative business models and delivering across the globe. We will work with our customers, talent, mobility ecosystem and partners to make this vision a reality,” says Kishor Patil, Co-founder, CEO & MD, KPIT.