HCLSoftware to acquire Croatia's Robotiq.ai for €9 million
Kalpana Maurya
1 Oct 2026 · 2 min read
HCLTech will acquire 100% of Croatian robotic process automation firm Robotiq.ai for €9 million in cash through its Austrian subsidiary. The deal adds software bots that can work in legacy applications to HCLSoftware's agentic AI platform, and is expected to close in November 2026.
HCLSoftware, the software division of HCLTech, will acquire Croatia-based Robotiq.ai, a provider of an enterprise robotic process automation (RPA) platform, for €9 million in cash. HCLTech disclosed the deal in a stock exchange filing on Monday, 28 September 2026.
HCL Technologies Austria GmbH, a step-down wholly owned subsidiary of HCLTech, will buy 100% of Robotiq.ai's outstanding equity. The consideration is subject to customary post-closing adjustments for net debt and working capital, and the transaction is expected to close by the end of November 2026.
Why HCLSoftware is buying
HCLTech, which the Economic Times describes as India's third-largest IT services company, is making the purchase through a European subsidiary rather than the Indian parent, and is paying entirely in cash.
The acquisition is meant to strengthen HCL UnO Agentic, HCLSoftware's agentic AI platform. According to the filing, Robotiq.ai's bots let AI-driven workflows complete tasks inside applications that lack usable APIs, extending the platform from deciding what to do to actually carrying it out.
Kalyan Kumar, president of HCLSoftware, said enterprises are moving from AI experiments towards production-scale automation that is secure, governed and reliable, and that Robotiq.ai combines orchestration with enterprise-grade execution.
Robotiq.ai CEO and co-founder Darko Jovišić said the company was built on the idea that "automation should be useful, fast to deploy, and reliable in production", and that joining HCLSoftware gives its technology enterprise reach and scale.
About Robotiq.ai
Robotiq.ai was incorporated in Croatia in August 2018 and is based in Zagreb. Its platform automates repetitive, manual work across business applications, such as moving data between systems, compiling reports from several sources, copying files and handling standard customer requests. Its customers are mainly large banks, insurance groups and telecom operators, The Recursive reported, and the platform offers ISO-certified security, audit logs and flexible deployment options.
The company is small and profitable. It reported revenue of €1.4 million in 2025, up from €0.9 million in each of 2023 and 2024, with a profit of €0.2 million and a net worth of €0.8 million as of December 2025.
Key facts
- Acquirer: HCLSoftware, via HCL Technologies Austria GmbH (step-down wholly owned subsidiary of HCLTech)
- Target: Robotiq.ai, Zagreb, Croatia
- Robotiq.ai CEO and co-founder: Darko Jovišić
- Stake: 100% of outstanding equity
- Consideration: €9 million in cash, subject to net debt and working capital adjustments
- Robotiq.ai 2025 revenue: €1.4 million; profit €0.2 million
- Expected closing: by end of November 2026
- Announced: 28 September 2026
Frequently asked questions
How much is HCLTech paying for Robotiq.ai?
€9 million in cash for 100% of the equity, subject to customary adjustments for net debt and working capital.
What does Robotiq.ai do?
It sells an enterprise RPA platform that automates repetitive tasks across business applications, mainly for banks, insurers and telecom companies.
Who leads Robotiq.ai?
Darko Jovišić is CEO and co-founder of Robotiq.ai.
When will the deal close?
HCLTech expects it to close by the end of November 2026.
