An international provider of information technology services and consulting, Tech Mahindra is an Indian business. The company, an element of the Mahindra Group, has its registered office in Mumbai and its headquarters in Pune. Around 148,000 people work for Tech Mahindra, a US$6.0 billion corporation, in 90 countries. In the Fortune India 500 list for 2019, the company came in at number five among IT enterprises in India and at 47 overall.
Tech Mahindra and Mahindra Satyam completed their merger, which was announced on June 25, 2013. Among the leading Big Tech businesses in India is Tech Mahindra. As of June 2022, Tech Mahindra had 1,262 active clients.
Tech Mahindra Company Details
Company Name | Tech Mahindra Limited |
Origin Country | India |
Established Year | 1986 |
Chairman | Anand Mahindra |
Managing Director & CEO | C. P. Gurnani |
Headquarters | Pune, Maharashtra, India |
Products/Services | Information Technology Services, Business Process Outsourcing, Consulting, Digital Transformation |
Number of Employees | Over 150,000 (as of 2022) |
Official Website | www.techmahindra.com |
History
In 1986, Mahindra & Mahindra and British Telecom formed a joint venture to provide technology outsourcing services. At first, British Telecom owned about 30% of Tech Mahindra. For Rs. 451 crores, British Telecom sold Mahindra & Mahindra 5.5 percent of its Tech Mahindra ownership in December 2010. For around Rs. 1,395 crores, British Telecom sold institutional investors 14.1 percent of the business in August 2012. British Telecom sold institutional investors its remaining 9.1% (11.6 million shares) of the company in December 2012 for gross cash proceeds of Rs. 1,011.4 crores. With this transaction, British Telecom left Tech Mahindra.
Products
Services and solutions for information technology (IT) are offered by Tech Mahindra Ltd (TechM). The company provides integrated engineering solutions, infrastructure management, BPO, network, platform solutions, SAP, digital supply chain services, Oracle, consulting, and testing services. Additionally, TechM offers cutting-edge solutions in artificial intelligence, cloud computing, big data, machine learning, cyber security, and data analytics (IoT).
Brand Vision
Tech Mahindra is still committed to serving its stakeholders with best-in-class technology-driven business solutions while remaining an agile, customer-focused, and purpose-driven organization.
Anantha Nageswaran is the chief editor and writer at TheBusinessBlaze.com. He specialises in business, finance, insurance, loan investment topics. With a strong background in business-finance and a passion for demystifying complex concepts, Anantha brings a unique perspective to his writing.