Datakosa Ltd has secured a USD 2.46 million (approx. INR 23.38 crore) contract from US-based Hermes Networks Inc. The 12-month order focuses on AI-led automation and integration services. This contract, effective until October 2027, reinforces the company's footprint in international tech services.
Datakosa Ltd Wins USD 2.46 Million AI Services Contract
Contract Value: USD 24,65,280 (INR 23.38 crore)
Execution Period: 12 months (November 2026 – October 2027)
Reader Takeaway: New international order bolsters revenue visibility, though execution and timely client acceptance remain critical success factors.
What just happened
Datakosa Ltd has received a work order valued at USD 24,65,280 from Hermes Networks Inc., a US-based firm. The engagement covers a broad spectrum of AI services, including the deployment of conversational AI agents, chatbots, and business process automation. The project also encompasses end-to-end system integration, testing, and training, with service delivery scheduled between November 1, 2026, and October 31, 2027.
Why this matters
This order highlights Datakosa’s ability to secure and scale high-value international contracts in the AI domain. The deal leverages a prior strategic partnership established in May 2026, signaling a deepening relationship with the client. From an investor perspective, this contract provides a stable revenue stream for the upcoming fiscal year, validating the firm's focus on specialized AI-led technical services.
The backstory
This engagement is a direct outcome of the Mutual Confidentiality and Strategic Partnership Agreement signed by both companies on May 11, 2026. Datakosa confirmed that the deal is at an arm’s length, with no conflict of interest involving its promoters. Hosting and third-party infrastructure costs for the project will be borne by Hermes, shielding Datakosa from pass-through cost volatility.
Risks to watch
Revenue recognition is contingent upon the successful delivery and client acceptance of milestones within a 7-business-day window. Additionally, any modifications to the project scope or timeline require formal written approval, which may introduce administrative delays. The company is also subject to a 90-day defect-correction period post-delivery for each milestone.
What to track next
Investors should monitor the execution efficiency and subsequent quarterly revenue updates. Given the AI sector's competitive nature, the ability to meet project deadlines and maintain service quality standards will be the primary drivers for future renewals and potential scale-up of this partnership.