Saints & Masters buys Xencia to expand Microsoft Cloud and AI delivery, targeting ₹1,000 crore in revenue

Saints & Masters (S&M), a technology advisory and execution firm, has acquired the entire stake in Xencia Technology Solutions, a Bengaluru-based provider of cloud and AI services. The deal is positioned as a way to strengthen S&M’s Microsoft Cloud practice and expand its “multi-cloud AI delivery platform,” according to a report carried by Yahoo Finance and information published by SMEStreet.

S&M said the acquisition is central to scaling its Microsoft cloud, AI, and digital transformation offerings for clients in India and overseas. The company added that Xencia’s team brings expertise across the Microsoft cloud stack, which S&M says will help it support enterprise modernization, innovation, and deployment of AI at scale.

The buyer also put a growth target on the transaction. S&M is targeting revenue of more than ₹1,000 crore from its Microsoft Cloud business over the next few years, framing the move as part of an ambition to become a key enabler of the “AI economy.” The combined effort, S&M said, is also expected to create more than 1,000 technology jobs over the same period as it scales engineering and delivery capabilities globally.

S&M’s rationale for the acquisition leans on Xencia’s Microsoft specialization footprint and security credentials. SMEStreet reported that Xencia has built deep expertise in Microsoft technologies and holds eight Microsoft Advanced Specializations spanning areas including app modernization, security, modern work, Azure infrastructure, and data and AI. The report also said Xencia holds compliance certifications including ISO 27001, SOC 2 Type 2, and PCI DSS.

In a quoted statement attributed to S&M CEO Jaikrishnan G, the company described the acquisition as more than just expanding headcount or scale. The executive said S&M is combining teams to build a comprehensive multi-cloud AI delivery platform for demanding enterprises running critical workloads, emphasizing trust and capability coverage.

For Microsoft, the immediate commercial implications are indirect. Microsoft does not appear to be the buyer in this transaction, and the reports do not describe any new Microsoft contract terms, customer wins, or specific dollar amounts of Microsoft-facing revenue linked to S&M. Instead, the deal indicates how Microsoft-aligned consulting and implementation partners in India and abroad are seeking to expand capacity around Microsoft Cloud and AI workloads, a common pattern as enterprises invest in cloud migration, security, data platforms, and AI-enabled applications.

What remains unclear from the publicly cited reporting is how the acquisition will be integrated operationally, including whether Xencia’s leadership and delivery teams will be reorganized under S&M’s existing service lines, and whether S&M plans to renew or restructure any customer engagements. The reports also do not specify purchase price, deal structure, or timing details beyond the fact that S&M acquired the entire stake.