Latest iMerit News & Updates

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iMerit

AI training data and model evaluation services

imerit.ai

Headquarters: San Jose, United States
Founded year: 2012
Company type: Public company
Number of employees: 10,000+
Industry: IT Services & Consulting

Last updated October 29

Latest news about iMerit

In short: iMerit was acquired by EXL for $310 million, joining EXL's enterprise AI platform.

Company announcements

August 18 iMerit

EXL acquires iMerit for $310 Mn

iMerit's founder joins EXL as EVP. The deal aims to advance enterprise AI in healthcare and banking.

August 3 iMerit

iMerit announces acquisition by EXL

CEO Radha Ramaswami Basu joins EXL's executive committee, completing an end-to-end enterprise AI platform.

June 24 iMerit

iMerit agreed to be acquired by EXL for $310 million

The acquisition adds iMerit's foundation model expertise and Ango platform to EXL's AI capabilities, targeting high-growth tech sectors.

May 6 iMerit

iMerit builds structured dataset for robotics

The dataset includes 200 hours of in-home task recordings using Meta Quest 3, 9 task categories expanded to 37 subclasses, and step-level labeling on Ango Platform.

Media coverage

October 29 Yahoo Finance

ExlService: 3 Key Takeaways for Long-Term Investors

The iMerit acquisition gives EXL control over the full AI stack, from data foundation through deployment, a rare vertical integration that protects...

September 24 NewsBytes

EXL CEO Rohit Kapoor urges monitoring and testing of AI

To stay ahead, EXL just bought iMerit for $310 million to test and evaluate AI models.

September 8 Seeking Alpha

ExlService Holdings, Inc. (EXLS) Presents at Citi's 2026 Global TMT Conference Transcript | Seeking Alpha

And now we've started to focus in a lot more on the model. And so we just acquired a company called iMerit, which allows us...

August 28 The Robot Report

EXL acquires physical AI model developer iMerit

The EXL and iMerit executives explain how their companies' combined expertise and platforms will help developers with reliable physical AI.

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