Tech Mahindra

Tech Mahindra is an Indian IT services and consulting company that is part of the Mahindra Group. With a workforce of over 107,200 professionals across 90 countries, it provides a range of technology solutions and business process services to more than 818 global clients, including Fortune 500 companies. The company specializes in areas such as cloud software, mobile solutions, network services, and cybersecurity. Its business process services cater to various sectors, including telecommunications, financial services, retail, energy, hospitality, high-tech, agriculture, and food and beverage. Tech Mahindra aims to deliver innovative and customer-centric solutions, contributing to the growth of enterprises and society as a whole.

Rohit Anand

CFO

Harshvendra Soin

President - Asia Pacific and Japan Businesses

Amit Vij

Senior Vice President, Private Equity

Manish Vyas

Divisional President, Communications, Media and Entertainment (CME)

26 past transactions

Surance.io

Series A in 2022
Surance.io is a provider of personal cyber protection and insurance services, focusing on safeguarding individuals' digital lives from cyber-attacks. Founded in 2017 and based in Tel Aviv, the company leverages its risk prediction model and cybersecurity expertise to facilitate efficient digital sales, automatic underwriting, and claims processing specifically for cyber insurance related to the Internet of Things (IoT). Its platform includes advanced preventative tools, support from cyber experts, and recovery services, ensuring comprehensive coverage for users against various cyber threats.

Beris Consulting

Acquisition in 2021
Provider of IT consulting services based in Wolfsburg, Germany. The company offers process digitalization, software and application development, test and quality management, IT support and services, business intelligence and security, enabling clients to optimize their projects and processes through information technology.

BrainScale

Acquisition in 2021
BrainScale is the most authoritative and trusted cloud services partner with 1000+ cloud app/DR assessments.

Eventus Solutions Group

Acquisition in 2021
Eventus Solutions Group is a nationally recognized consulting and managed services firm made up of experienced professionals that are 100% focused on customer engagement. From the ground up, they have built their firm to fuse strategic planning, technology sourcing and implementation, and day-to-day operational execution exclusively in the contact center and customer engagement arena. With over 200 successful contact center consulting projects delivered, their client list includes some of the most well known brands in healthcare, insurance, retail, communications, government and other industries. The popularity of their services and unique business model has earned us recognition on the Inc. 500 list of the nation's fastest growing private companies. Much of this growth has come from repeat business with existing clients. Their single biggest strength at Eventus is the blend of talent and expertise they offer to their clients. Eventus senior engagement resources have a minimum of 15 years experience in their fields. Most have served at the C-Level or VP-Level in large firms, and most have managed P&L responsibility in customer engagement oriented roles including sales, marketing and service. Their employees hold numerous relevant industry certifications including project management, Six Sigma, CRM, marketing automation and contact center management. When they engage in projects, the teams they deploy are consistently much smaller and much more senior than those typically provided by other firms. Instead of their clients having to teach their consultants about their business, their consultants share insights with their clients about the most cost effective business strategies, implementation methodologies and management practices. This 'special forces' style outcome-focused client delivery model consistently produces on time and on budget projects with no change requests. Finally, since the founding of Eventus, they have maintained a philosophy of being easy to do business with. They are very flexible in terms of contract models and pricing. While they prefer fixed price contracts, they are perfectly willing to work on a time and materials basis when that is their client's preference. Furthermore, they make sure their senior executives create 'high touch' relationships with their clients.

DigitalOnUS

Acquisition in 2021
DigitalOnUs is a new age technology services firm focused on providing DevOps++ services. They not only provide Agile and DevOps methodologies to their customers, they have adopted the same within the company as well. Their nimble processes are not mired in red tape, yet robust, flexible and result-oriented. It helps keep their teams on point and focused, at the same time their customers appreciate it. At Digital OnUs, what distinguishes us from other teams is the comfortable environment which engenders trust within teams and with their customers. Trust and openness leads to quality, innovation, commitment to deliverables, efficiency and cost-effectiveness for all their customers.

Perigord

Acquisition in 2021
Perigord Life Science Artwork Solutions delivers best-in-class labeling artwork to life science companies.

Payments Technology Services Ltd

Acquisition in 2021
Payments Technology Services Ltd is a payments solutions provider with a focus on banking and financial services (BFS).

Tenzing

Acquisition in 2020
Tenzing Ltd. is a management and technology consulting firm based in Auckland, New Zealand. The company offers a comprehensive range of services, including management consultancy focused on business and IT strategy, target operating models, and technology services such as project management, mobility, application support, and managed services. Tenzing aims to assist businesses in their transformation efforts and in navigating their strategic direction through tailored solutions. The organization emphasizes a practitioner-led approach, reflected in its diverse leadership team and flat service line structure, which facilitates effective collaboration and expertise across its various consulting offerings.

Momenton

Acquisition in 2020
Momenton operates as a digital enterprise technology firm.

Zen3 Infosolutions

Acquisition in 2020
Zen3 Infosolutions is an IT consulting and software services company that specializes in providing artificial intelligence-driven, data-driven, and cloud technology solutions. With an offshore development center in Hyderabad, India, Zen3 serves a diverse clientele across various industries, including technology, banking, finance, and insurance. The company focuses on product engineering, chatbot development, robotic process automation, cloud migration, and advisory services, as well as artificial intelligence and data services. By leveraging its expertise, Zen3 aims to help clients enhance innovation, improve operational efficiencies, and reduce costs, thereby enabling them to maintain a competitive edge in their respective markets. As of April 2020, Zen3 operates as a subsidiary of Tech Mahindra (Americas), Inc.

BORN

Acquisition in 2019
BORN Group Ltd. is a global agency that specializes in ecommerce, creative, and content solutions, providing a comprehensive range of services to enhance digital transformations for both B2B and B2C clients. Founded in 1987 and headquartered in London, the company operates in major cities including New York and Chennai. BORN's offerings include application and infrastructure support, digital marketing, content strategy, user experience audits, and custom application development across various platforms. The agency employs a multidisciplinary approach by combining creative design, content production, commerce enablement, and analytics to create high-performing digital assets. With a portfolio of over 500 successful digital transformations, BORN serves a diverse clientele, including well-known brands such as Starbucks, Lindt, and Bulgari. The company's capabilities also encompass systems integration, technical roadmaps, and extensive reporting and analysis to drive ecommerce growth and enhance customer experiences.

Mad*Pow

Acquisition in 2019
Mad*Pow Media Solutions LLC is a design agency based in Portsmouth, New Hampshire, with an additional office in Boston, Massachusetts. Founded in 2000, the agency specializes in enhancing health and wellness, financial goals, education, and connectivity through various design services. Its offerings include experience strategy, service design, interaction and visual design, behavior change strategy, content creation, digital marketing, and usability testing. Mad*Pow engages in human factors research, utilizing ethnographic studies and other methodologies to inform its designs. The agency collaborates with a diverse range of clients, from Fortune 500 companies to startups, including notable organizations like Cigna, ESPN, and Microsoft. In 2019, Mad*Pow became a subsidiary of Tech Mahindra (Americas), Inc., allowing it to expand its capabilities and reach.

Objectwise

Acquisition in 2019
Objectwise has been helping Fortune 100 enterprises across North America deliver successful IT projects, employing professionals who consistently deliver high quality results.

Altiostar

Series C in 2019
Altiostar Networks, Inc. specializes in designing and developing solutions for mobile network operators, focusing on enhancing LTE network coverage and capacity. The company offers a range of products, including macro iRRH radios suitable for various outdoor environments and small cell iRRHs aimed at improving network capacity in densely populated urban areas. Altiostar's innovative approach includes software that supports open interfaces and virtualizes baseband units, facilitating the creation of disaggregated, multi-vendor, cloud-native mobile networks. Founded in 2011 and based in Tewksbury, Massachusetts, Altiostar aims to enhance communication experiences while reducing technology costs for its clients.

Dynacommerce

Acquisition in 2019
Dynacommerce Holding B.V., established in 2016 and headquartered in Sittard, Netherlands, specializes in providing comprehensive omnichannel sales and order-management solutions tailored for the mobile, cable, media, and utility sectors. The company develops software that automates various processes, including sales, product configuration, pricing, quoting, order management, fulfillment, and reverse logistics. By streamlining these operations, Dynacommerce aims to help its clients reduce time to market and lower order-related costs. As of 2019, Dynacommerce operates as a subsidiary of Tech Mahindra Limited.

Inter-Informatics

Acquisition in 2018
Inter-Informatics has been operating on international markets since 1994 and has grow into a group of companies, today working with more than 240 highly qualified employees in various countries as close as possible to current customers.The Inter-Informatics Group offers engineering and design services in the field of aerospace, railway vehicles and machinery.

TradeIX

Series A in 2018
TradeIX Ltd. is a company that specializes in developing an open platform called TIX Platform for trade finance, which is powered by distributed ledger technology. This decentralized platform allows clients to integrate it with their existing systems, facilitating connectivity through application programming interfaces (APIs). TIX Platform consists of four main components: TIX Apps, which offer customer-facing solutions; TIX Developer, which provides APIs and software development resources; TIX Composer, an orchestration engine for managing trade finance rules and smart contracts; and TIX Core, an open infrastructure for global trade. The platform enhances trade finance operations by enabling secure data storage, automated contract enforcement, and asset verification. TradeIX collaborates with banks, corporates, and ERP providers, helping financial institutions and investors access trade flows to generate revenue opportunities. Established in 2016, TradeIX is headquartered in Cork, Ireland, with additional offices in Dublin, London, and Singapore.

Altiostar

Corporate Round in 2018
Altiostar Networks, Inc. specializes in designing and developing solutions for mobile network operators, focusing on enhancing LTE network coverage and capacity. The company offers a range of products, including macro iRRH radios suitable for various outdoor environments and small cell iRRHs aimed at improving network capacity in densely populated urban areas. Altiostar's innovative approach includes software that supports open interfaces and virtualizes baseband units, facilitating the creation of disaggregated, multi-vendor, cloud-native mobile networks. Founded in 2011 and based in Tewksbury, Massachusetts, Altiostar aims to enhance communication experiences while reducing technology costs for its clients.

CJS Solutions Group

Acquisition in 2017
CJS Solutions Group LLC is a US-based healthcare information technology consulting company.

The BIO Agency

Acquisition in 2016
The BIO Agency Ltd., founded in 2006 and based in London, United Kingdom, specializes in providing digital agency services focused on enhancing customer experience. The agency offers a comprehensive range of services, including digital strategy, service design, connected products, product innovation, and e-commerce solutions. As an award-winning entity, The BIO Agency positions itself as a leader in digital transformation, uniquely delivering in-house, end-to-end services that encompass business vision, strategy, creative innovation, and technical development. The company has operated as a subsidiary of Tech Mahindra Limited since July 2016.

Target Group

Acquisition in 2016
Target Group is a leading provider of Business Process Outsourcing (BPO) and software solutions for over 50 major financial institutions across the globe, including clients such as Goldman Sachs, Morgan Stanley, Credit Suisse, Barclays and Shawbrook Bank. Our leading fintech platform manages assets in excess of £24 billion, enabling our clients to automate complex critical processing, servicing and administration of loans, as well as investments and insurance. We deliver competitive advantage and enable scalable growth. Alongside BPO and software solutions, Target leverages deep domain expertise to advise on process improvement, due diligence, and regulatory compliance. Target systems currently process over 18 million accounts and collect £3billion of direct debit payments each year on behalf of both private and public sector clients.

SOFGEN

Acquisition in 2015
SOFGEN, founded in 1999, is a global consultancy firm specializing in IT solutions for prestigious financial institutions, particularly in private banking and wealth management. With offices in Switzerland, the United Kingdom, the United States, India, and Singapore, as well as a microfinance practice in Kenya, the company offers a comprehensive range of services throughout the entire system life cycle. These services include requirements analysis, system selection, implementation, and ongoing post-implementation support. SOFGEN is distinguished by its team of experienced business and technical consultants, who possess extensive knowledge of various core banking systems, enabling them to effectively address the unique needs of retail, corporate, and private banking sectors.
Efficiently building new, fully deployed wireless networks requires deep insight into all facets of network planning, design, deployment, and optimization. LCC’s broad expertise can power a network, delivering 2G, 2.5G, 3G and 4G networks that push best practices to new levels. With the on-going introduction of dynamic new technologies, you need to work with a company that understands the complexities of a rapidly changing technological environment. There is no substitute for experience. And in the history of wireless communications, no other company can lay claim to the sheer magnitude of practical, applied expertise that defines our employees.

FixStream Networks

Series A in 2014
FixStream Network Inc. specializes in datacenter and cloud management by providing a comprehensive technology platform that visualizes and analyzes both the physical and logical infrastructure associated with applications. Founded in 2013 and based in Sunnyvale, California, the company focuses on data integration and analytics to eliminate silos within IT environments. Its platform features automated dependency mapping that dynamically tracks relationships between applications and their underlying infrastructure, facilitating rapid diagnosis of performance issues and outages. By leveraging artificial intelligence and machine learning, FixStream enables clients to analyze substantial amounts of systems data, helping them detect patterns that can predict future issues. The company operates as a subsidiary of Resolve Systems, LLC, following a strategic collaboration with Cherwell Software.

Satyam Computer Services Ltd.

Acquisition in 2013
Satyam Computer Services Limited was an Indian IT services company based in Hyderabad, India. The company was listed on the Pink Sheets, the National Stock Exchange and Bombay Stock Exchange. It offered a range of services, including software development, system maintenance, packaged software integration and engineering design services.

iPolicy Networks

Acquisition in 2007
iPolicy Networks is the developer of the world's first Intrusion Prevention Firewall delivering real-time, consistent security enforcement for enterprises, carriers and managed security service providers. The iPolicy Intrusion Prevention Firewall supports multiple security functions built on iPolicy's Single Pass Architecture(TM) that enables superior performance even under heavy traffic load.
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