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    <headerData>
        <submissionType>144</submissionType>
        <filerInfo>
            <filer>
                <filerCredentials>
                    <cik>0001731166</cik>
                    <ccc>XXXXXXXX</ccc>
                </filerCredentials>
            </filer>
            <liveTestFlag>LIVE</liveTestFlag>



        </filerInfo>
    </headerData>
    <formData>
        <issuerInfo>
            <issuerCik>0001743725</issuerCik>
            <issuerName>GRID DYNAMICS HOLDINGS, INC.</issuerName>
            <secFileNumber>001-38685</secFileNumber>
            <issuerAddress>
                <ns2:street1>5000 Executive Parkway,</ns2:street1>
                <ns2:street2>Suite 520</ns2:street2>
                <ns2:city>San Ramon</ns2:city>
                <ns2:stateOrCountry>CA</ns2:stateOrCountry>
                <ns2:zipCode>94583</ns2:zipCode>
            </issuerAddress>
            <issuerContactPhone>(650) 523-5000</issuerContactPhone>
            <nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>ANIL KUMAR DORADLA</nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>
            <relationshipsToIssuer>
                <relationshipToIssuer>Officer</relationshipToIssuer>
            </relationshipsToIssuer>
        </issuerInfo>
        <securitiesInformation>
            <securitiesClassTitle>Common</securitiesClassTitle>
            <brokerOrMarketmakerDetails>
                <name>Morgan Stanley Smith Barney LLC Executive Financial Services</name>
                <address>
                    <ns2:street1>1 New York Plaza</ns2:street1>
                    <ns2:street2>8th Floor</ns2:street2>
                    <ns2:city>New York</ns2:city>
                    <ns2:stateOrCountry>NY</ns2:stateOrCountry>
                    <ns2:zipCode>10004</ns2:zipCode>
                </address>
            </brokerOrMarketmakerDetails>
            <noOfUnitsSold>2000</noOfUnitsSold>
            <aggregateMarketValue>27100.00</aggregateMarketValue>
            <noOfUnitsOutstanding>84547653</noOfUnitsOutstanding>
            <approxSaleDate>05/07/2025</approxSaleDate>
            <securitiesExchangeName>NASDAQ</securitiesExchangeName>
        </securitiesInformation>
        <securitiesToBeSold>
            <securitiesClassTitle>Common</securitiesClassTitle>
            <acquiredDate>03/13/2021</acquiredDate>
            <natureOfAcquisitionTransaction>Restricted Stock</natureOfAcquisitionTransaction>
            <nameOfPersonfromWhomAcquired>ISSUER</nameOfPersonfromWhomAcquired>
            <isGiftTransaction>N</isGiftTransaction>
            <amountOfSecuritiesAcquired>2000</amountOfSecuritiesAcquired>
            <paymentDate>03/13/2021</paymentDate>
            <natureOfPayment>Not Applicable</natureOfPayment>
        </securitiesToBeSold>
        <nothingToReportFlagOnSecuritiesSoldInPast3Months>N</nothingToReportFlagOnSecuritiesSoldInPast3Months>
        <securitiesSoldInPast3Months>
            <sellerDetails>
                <name>ANIL KUMAR DORADLA</name>
                <address>
                    <ns2:street1>5000 Executive Parkway,</ns2:street1>
                    <ns2:street2>Suite 520</ns2:street2>
                    <ns2:city>San Ramon</ns2:city>
                    <ns2:stateOrCountry>CA</ns2:stateOrCountry>
                    <ns2:zipCode>94583</ns2:zipCode>
                </address>
            </sellerDetails>
            <securitiesClassTitle>Common</securitiesClassTitle>
            <saleDate>04/07/2025</saleDate>
            <amountOfSecuritiesSold>2000</amountOfSecuritiesSold>
            <grossProceeds>26440.00</grossProceeds>
        </securitiesSoldInPast3Months>
        <securitiesSoldInPast3Months>
            <sellerDetails>
                <name>ANIL KUMAR DORADLA</name>
                <address>
                    <ns2:street1>5000 Executive Parkway,</ns2:street1>
                    <ns2:street2>Suite 520</ns2:street2>
                    <ns2:city>San Ramon</ns2:city>
                    <ns2:stateOrCountry>CA</ns2:stateOrCountry>
                    <ns2:zipCode>94583</ns2:zipCode>
                </address>
            </sellerDetails>
            <securitiesClassTitle>Common</securitiesClassTitle>
            <saleDate>03/07/2025</saleDate>
            <amountOfSecuritiesSold>2000</amountOfSecuritiesSold>
            <grossProceeds>36200.00</grossProceeds>
        </securitiesSoldInPast3Months>
        <noticeSignature>
            <noticeDate>05/07/2025</noticeDate>
            <planAdoptionDates>
                <planAdoptionDate>08/07/2024</planAdoptionDate>
            </planAdoptionDates>
            <signature>/s/ Anil Doradla</signature>
        </noticeSignature>
    </formData>
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144
0001731166
XXXXXXXX
LIVE
0001743725
GRID DYNAMICS HOLDINGS, INC.
001-38685
5000 Executive Parkway,
Suite 520
San Ramon
CA
94583
(650) 523-5000
ANIL KUMAR DORADLA
Officer
Common
Morgan Stanley Smith Barney LLC Executive Financial Services
1 New York Plaza
8th Floor
New York
NY
10004
2000
27100.00
84547653
05/07/2025
NASDAQ
Common
03/13/2021
Restricted Stock
ISSUER
N
2000
03/13/2021
Not Applicable
N
ANIL KUMAR DORADLA
5000 Executive Parkway,
Suite 520
San Ramon
CA
94583
Common
04/07/2025
2000
26440.00
ANIL KUMAR DORADLA
5000 Executive Parkway,
Suite 520
San Ramon
CA
94583
Common
03/07/2025
2000
36200.00
05/07/2025
08/07/2024
/s/ Anil Doradla