India, 26th June 2025: GenXAI, a leading AI-powered Enterprise Performance Management (EPM) solution provider, has recently announced the acquisition of SoftGrid Computers Pvt. Ltd., a leader in application development and web design. This strategic acquisition is a monumental step in GenXAI’s business journey that aligns with its vision, innovation and global ambition.

GenXAI, already delivering innovative solutions through strategic collaborations with platforms like Anaplan and SAP, is proud to announce this acquisition of SoftGrid Computers. This acquisition strengthens GenXAI’s capabilities in advanced mobile application development and opens new avenues to build cutting-edge, AI-driven platforms across diverse digital ecosystems. 

With this acquisition, GenXAI has undertaken the step to integrate innovative ideas, strengths and a relentless passion for transformative technology. It combines GenXAI’s state-of-the-art AI-driven capabilities with SoftGrid’s decade-long legacy in building robust digital solutions. This unified entity is poised to become a global powerhouse of tech excellence.

Commenting on the acquisition announcement, Mr. Rakesh Agarwal Founder and Executive Chairman of GenXAI said, “At GenXAI, we’ve always been driven by a vision to redefine the future of technology. Our partnerships with platforms like Anaplan and SAP demonstrate our commitment to excellence. SoftGrid Computers shares our passion for transformative solutions and together, we’re poised to achieve greater milestones. With this collaboration, we combine GenXAI’s expertise in AI-driven solutions with SoftGrid’s legacy in custom application development and web design.”

Delighted with the acquisition, Mr. Ajay Golani Co-Founder of SoftGrid said, “At SoftGrid, we’ve always believed in building meaningful digital experiences through innovation and craftsmanship. Joining forces with GenXAI allows us to amplify our vision with the power of AI and reach new heights of impact. This is not just a milestone—it’s the beginning of a transformative journey for our team, our clients, and the future of technology.”

GenXAI and SoftGrid Computers will develop cutting-edge AI-infused technologies, expand into new international markets and empower startups, enterprises, and governments to stay ahead in a digital-first world. This collaboration marks the beginning of a bold new chapter as it drives deeper tech, broader reach and a shared commitment to pushing the boundaries of innovation at a global stage.