Kellton Tech Solutions Ltd. Board Approves Issuance of up to USD 40 Mn Foreign Currency Convertible Bonds (FCCB)

Kellton Tech Solutions Ltd., a publicly listed global leader in AI-driven digital transformation, has announced board approval for the issuance of up to USD 40 million in Foreign Currency Convertible Bonds (FCCBs). This strategic move reflects the company’s intent to accelerate its global expansion, strengthen its innovation pipeline, and reinforce its position as a trusted partner in enterprise modernization and responsible AI.

The FCCB issuance follows shareholder approval at the company’s Annual General Meeting and is expected to provide Kellton with enhanced financial flexibility to pursue high-impact initiatives across markets. As a firm rooted in the philosophy of “Infinite Possibilities with Technologies,” Kellton continues to invest in scalable, secure, and inclusive digital solutions that serve both commercial and humanitarian goals.

In a significant development, Kellton was recently selected by the United Nations Population Fund (UNFPA) to design and deliver generative AI-powered applications that support digital innovation and human-centered transformation across UNFPA’s global programs. This collaboration marks a pivotal milestone in Kellton’s journey to align advanced technology with social impact.

The partnership with UNFPA is aimed at accelerating progress toward the UN Sustainable Development Goals (SDGs), particularly in areas of health, rights, and well-being. By integrating responsible AI practices into UNFPA’s operational framework, Kellton is helping one of the world’s foremost development organizations reimagine its digital capabilities while maintaining ethical and inclusive standards.

Karanjit Singh, CEO of Kellton, emphasized the significance of this engagement: “Our collaboration with UNFPA symbolizes how innovation can drive empathy and impact at a global scale. By combining our AI engineering strength with UNFPA’s humanitarian vision, we’re building solutions that not only transform digital operations but also make technology more inclusive, transparent, and meaningful.”

This partnership further solidifies Kellton’s reputation as a preferred AI and digital transformation partner for global institutions and public sector entities. It also reinforces the company’s commitment to building ethical, secure, and sustainable AI ecosystems that prioritize human dignity and societal progress.

Headquartered in Hyderabad, India, Kellton operates across the United States, Europe, and the Asia-Pacific region, supported by a workforce of over 1,800 professionals. The company serves a diverse portfolio of clients spanning BFSI, manufacturing, hospitality, retail, healthcare, energy, and government sectors. Its deep expertise in Agentic AI, cloud engineering, enterprise application modernization, data analytics, IoT, and process automation enables it to deliver transformative solutions tailored to complex business needs.

Kellton’s proprietary platforms and services have earned recognition from leading industry analysts. The company has been named a Leader in Zinnov Zones for ER&D Digital Engineering and Experience Engineering, and has received accolades from ISG and Avasant for its SAP services. These endorsements reflect Kellton’s consistent delivery of innovation, quality, and customer-centricity.

The FCCB issuance is expected to fuel Kellton’s next phase of growth, enabling strategic investments in R&D, global delivery capabilities, and AI-powered platforms. It also positions the company to explore new markets, forge deeper partnerships, and scale its impact across industries and geographies.

As the digital transformation landscape continues to evolve, Kellton remains focused on building technology that matters—solutions that empower organizations, uplift communities, and shape a future defined by purpose and progress. The company’s dual commitment to commercial excellence and social responsibility sets it apart as a visionary leader in the global tech ecosystem.