Tech Mahindra

Tech Mahindra is a global systems integrator and a key player in the Mahindra Group, specializing in information technology services and solutions. With a workforce of over 107,200 professionals across 90 countries, the company serves more than 818 clients, including numerous Fortune 500 companies. Tech Mahindra offers a diverse range of services that encompass technology solutions such as cloud computing, mobile applications, network services, and cybersecurity. Additionally, it provides business process outsourcing across various sectors, including telecommunications, financial services, retail, energy, and hospitality. The company's focus on innovative and customer-centric approaches enables enterprises and communities to thrive in an increasingly connected world.

Vivek Agarwal

Technical Associate

Rohit Anand

CFO

Anand Mahindra

Founder

Alok Shrivastava

Vice President

Harshvendra Soin

President - Asia Pacific and Japan Business

Amit Vij

Senior Vice President, Private Equity

35 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 assets from cyber-attacks. Founded in 2017 and based in Tel Aviv, the company employs a risk prediction model and expertise in cybersecurity to streamline digital sales, automatic underwriting, and claims processing for cyber insurance aimed at personal and freelance users. Its platform not only offers comprehensive cyber coverage but also includes advanced preventative tools, expert support, and recovery services, ensuring that customers are adequately protected in the digital landscape.

Thirdware Solution

Acquisition in 2022
Thirdware Solution specializes in IT consulting services, primarily focusing on the automotive sector. With over 20 years of experience, the company collaborates with leading organizations to address complex business and technology challenges. They offer a range of services, including business strategy, digital transformation, supply chain optimization, program management, and quality assurance for various business applications. Thirdware also provides design, implementation, and support for packaged solutions, enabling clients to make informed decisions and seize business opportunities. Their commitment to innovative deployments and exceptional service equips clients to manage daily operations effectively while exploring new avenues for value creation in a dynamic environment.

Swifter.io

Series A in 2022
Swifter is building the experience platform for the next generation of insurance, helping insurers, intermediaries and brands deliver fully digital engagement to grow their businesses. Swifter's platform brings insurance into the digital world, putting the customer at the heart of the experience with full visibility, smart automation and customisable workflows.

Com Tec

Acquisition in 2022
Com Tec Co is an international digital services provider that specializes in delivering information technology solutions to the insurance and reinsurance sectors. The company assists prominent Global 500 organizations by offering a range of services, including enterprise architecture, digital user experience design, business and system analysis, and digital engineering. Additionally, Com Tec focuses on digital platform development, cloud engineering, test automation, and secure operations, enabling its clients to enhance their operational efficiency and digital transformation efforts.

Allyis

Acquisition in 2021
Allyis is a provider of technology consulting, managed services, and staffing solutions aimed at helping organizations enhance performance and reduce costs. The company serves a diverse clientele, including Microsoft and other corporate clients in the Northwest region. Its offerings include software engineering and support, content management solutions, and supply chain services. Allyis focuses on meeting the specific needs of its clients, enabling them to achieve their unique objectives effectively.

Activus Connect

Acquisition in 2021
Activus Connect specializes in providing customer experience and care solutions tailored for the digital landscape. Evolving from traditional business process outsourcing, the company utilizes its innovative SmartVirtual approach to enhance outsourced customer experience service delivery. Activus Connect has developed a work-at-home customer experience management software that supports remote operations across the United States and Puerto Rico. This software facilitates seamless communication through various channels, including chat, email, phone, text, video, and social media, enabling businesses to foster authentic and positive customer interactions. By leveraging advanced technology, Activus Connect aims to elevate the standards of customer service in both digital and real-world environments.

We Make Websites

Acquisition in 2021
We Make Websites is a web design and development company focused on creating and optimizing Shopify Plus stores. The company offers a range of services, including the custom design and development of new online stores, migration from other platforms, search engine optimization (SEO), conversion rate optimization, performance enhancement, and international expansion. Additionally, it provides system integration and payment and checkout services. By delivering these services, We Make Websites aims to help online retailers increase their revenue, improve their performance metrics, and enhance their brand presence.

Lodestone

Acquisition in 2021
Lodestone is a best of breed Digital Quality & Solutions company. We are a trusted partner to the world's leading technology companies and we act as digital stewards for some of the world's most beloved and widely used products. We work with leading tech companies across both consumer, and enterprise sectors where we leverage our scale, sophistication, and knowledge to provide exceptional world-class solutions. Since inception, our approach has been one of true partnership and we work in close collaboration with our clients, often over decades, to provide turnkey solutions that deliver exceptional quality. We understand, and imbibe the Silicon Valley mindset and work tirelessly behind the scenes to help launch some of the world's best and most ambitious products. Put simply, we're digital stewards for products used by half the world's population on a daily basis -- we're honored to be tasked with this immense responsibility and we shoulder it with pride, joy, and dedication. Building products that will redefine the future? Let's talk! info@lodestoneco.com

BERIS consulting

Acquisition in 2021
BERIS consulting provides services in the areas of software development, test and quality management, mobile app, and IT security.

BrainScale

Acquisition in 2021
BrainScale is a provider of cloud-focused services aimed at supporting both large and small-to-medium-sized businesses. The company offers a range of services including cloud consulting, enablement, migration, managed cloud services, application development, and data analytics. By delivering these services, BrainScale assists clients in aligning with cloud adoption frameworks and strategies, facilitating the transition to cloud technologies. With over 1,000 cloud application and disaster recovery assessments, BrainScale positions itself as a trusted partner in the cloud services sector.

Eventus Solutions Group

Acquisition in 2021
Eventus Solutions Group is a consulting and managed services firm that specializes in customer engagement, particularly within the contact center sector. The company focuses on strategic planning, technology implementation, and operational execution, leveraging the extensive experience of its professionals, who typically have over 15 years in the industry, including C-Level and VP-Level roles. Eventus has successfully completed over 200 contact center consulting projects for prominent clients across various sectors such as healthcare, insurance, retail, and government. Their unique business model emphasizes a smaller, more senior project team, which allows consultants to provide valuable insights and cost-effective strategies to clients. Eventus is recognized for delivering projects on time and within budget, adhering to a flexible approach in pricing and contract models. The firm prides itself on maintaining strong, high-touch relationships with clients, ensuring ease of collaboration and communication throughout the consulting process.

DigitalOnUS

Acquisition in 2021
DigitalOnUs is a technology services firm specializing in DevOps and cloud-native solutions for clients in highly regulated industries. The company offers a range of services including cloud automation, DevSecOps, site reliability engineering (SRE), and chaos engineering, aimed at enhancing engineering productivity and facilitating continuous delivery through hybrid cloud infrastructures. DigitalOnUs emphasizes agile methodologies and fosters a collaborative environment that builds trust among teams and clients. This approach not only streamlines processes but also promotes innovation and efficiency, ensuring a commitment to high-quality deliverables while maintaining cost-effectiveness.

Perigord

Acquisition in 2021
Perigord Life Science Solutions specializes in providing comprehensive labeling artwork and packaging services tailored for the life sciences sector. With extensive expertise in this highly regulated industry, the company has developed the unique Pharmaceutical Artwork Management System known as GLAMS, which streamlines the artwork management process. Perigord offers a range of services including artwork production for various components, strategic consulting, content creation, animation, and supply chain workflow management. This diverse portfolio enables life science companies to efficiently bring their products to market while adhering to strict regulatory requirements.

Payments Technology Services

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

Momenton

Acquisition in 2020
Momenton is a digital enterprise technology firm based in Melbourne, Australia. It specializes in providing information technology services, focusing on consultancy and implementation in areas such as enterprise agility, product enablement, application engineering, and technology emergence. By offering these services, Momenton enables its clients to effectively integrate digital solutions into their operations, enhancing overall efficiency and adaptability in an evolving technological landscape.

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.

Cerium Systems

Acquisition in 2020
Cerium Systems (P) Ltd. is a Bengaluru-based company that specializes in providing circuit design services and embedded software development. Founded in 2013, the company focuses on very large scale integration (VLSI) and offers a range of customized solutions, including ASIC design, verification, physical design, design for testability (DFT), circuit design, layout, FPGA, and emulation. By delivering tailored turnkey solutions, Cerium Systems aims to facilitate the shortest development cycles for its clients in the integrated circuits and semiconductor sectors.

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 Group

Acquisition in 2019
BORN is a global marketing agency that specializes in enterprise, commerce, and experience design, recognized for its extensive experience in digital transformations across various sectors, including B2B and B2C markets. With a presence in eight countries, BORN is the largest independent agency in the customer and brand experience domain. The company offers a comprehensive range of services that includes creative design, content production, commerce enablement, cloud deployments, integrations, consulting, conversion rate optimization, digital marketing, analytics, and multi-channel cohesion. BORN's portfolio features collaborations with notable clients such as Razer, Starbucks, and Bulgari, highlighting its capability to deliver high-performing digital assets. The agency is committed to innovation at the intersection of art and science, providing content and strategies for diverse channels, from print and digital to video and web design, thereby facilitating brands in their digital transformation journeys.

Mad*Pow

Acquisition in 2019
Mad*Pow is a design agency based in Portsmouth, New Hampshire, that focuses on enhancing health and wellness, financial goals, education, and social connections for its clients. Established in 2000 by Amy Cueva, the agency offers a range of strategic design consultancy services, including experience strategy, user experience design, behavior change design, content strategy, and web and mobile app development. Mad*Pow employs human factors research to inform its projects, utilizing ethnographic and field-based studies to gain insights into user needs. The agency collaborates with a diverse set of organizations, including notable companies like Cigna, ESPN, John Hancock, Pearson, Microsoft, and Google, to create engaging and meaningful experiences for their audiences.

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 specializes in developing radio area network software aimed at enhancing telecommunications networks. The company focuses on creating solutions that support open interfaces and virtualize baseband units, allowing for the construction of disaggregated, multi-vendor, cloud-native mobile networks. This innovative approach enables mobile network operators to efficiently deploy and expand their LTE networks while reducing costs. Altiostar's experienced team of technology entrepreneurs is dedicated to improving the communications experience through their cutting-edge offerings in the mobile broadband industry.

Dynacommerce

Acquisition in 2019
Dynacommerce is a software firm based in Sittard, The Netherlands, specializing in end-to-end omnichannel sales and order-management solutions. The company focuses on serving mobile, cable, media, and utility sectors by providing automated systems that streamline sales processes, product configuration, pricing, quoting, order management, fulfillment, and reverse logistics. By implementing these solutions, Dynacommerce helps its clients reduce time to market and lower order-related costs, ultimately enhancing operational efficiency and improving the sales experience.

Inter-Informatics

Acquisition in 2018
Inter-Informatics has been active in international markets since 1994 and has grown into a group of companies employing over 240 skilled professionals across various countries. The company specializes in engineering and design services primarily within the aerospace, railway vehicle, and machinery sectors. Its offerings include interior design, infrastructure development, three-dimensional modeling, machine customization, stress analysis, and the installation of components for airplanes and trains, as well as a broad range of industrial machinery. By maintaining a close presence to its customers, Inter-Informatics aims to deliver tailored solutions that meet the specific needs of each sector it serves.

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 specializes in developing radio area network software aimed at enhancing telecommunications networks. The company focuses on creating solutions that support open interfaces and virtualize baseband units, allowing for the construction of disaggregated, multi-vendor, cloud-native mobile networks. This innovative approach enables mobile network operators to efficiently deploy and expand their LTE networks while reducing costs. Altiostar's experienced team of technology entrepreneurs is dedicated to improving the communications experience through their cutting-edge offerings in the mobile broadband industry.

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 headquartered in London, United Kingdom, specializes in digital agency services that focus on enhancing customer experience through innovation and transformation. As a subsidiary of Tech Mahindra Limited since 2016, the agency provides a comprehensive range of services, including digital strategy, service design, connected products, product innovation, and e-commerce solutions. The BIO Agency is recognized for its unique approach as Digital Change AgentsĀ®, offering in-house capabilities that cover the entire spectrum from business vision and strategy to creative innovation and technical development.

Target Group

Acquisition in 2016
Target Group Limited is a prominent provider of software and business process outsourcing services tailored for financial institutions in the United Kingdom, Australia, and New Zealand. Established in 1975 and headquartered in Cardiff, the company specializes in managing lending, investment, and insurance portfolios. Target Group offers a comprehensive suite of services, including loan and mortgage servicing, portfolio trading, and software solutions for insurance market digital distribution and policy administration. It also provides back-office administration services for the investment sector and business management software for regulatory compliance aimed at loan brokers and bridging lenders. Additionally, the company delivers professional services such as due diligence, legal title management, data analytics, and compliance support. Target Group serves over 50 major financial institutions globally, processing more than 18 million accounts and facilitating substantial direct debit collections annually. As of 2016, it operates as a subsidiary of Tech Mahindra Limited, with offices in several locations, including Newport, Chester, and Australia.

Sofgen Holdings

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.

Lightbridge Communications Corporation

Acquisition in 2014
Lightbridge Communications Corporation (LCC), based in McLean, Virginia, specializes in radio frequency engineering and network design services for wireless communications. The company provides comprehensive end-to-end solutions, including technical consulting, system design, optimization, benchmarking, and performance services for various wireless networks, such as 2G, 2.5G, 3G, and 4G. With extensive expertise, LCC is well-equipped to navigate the complexities of rapidly evolving technologies in the telecommunications industry, ensuring efficient planning, deployment, and optimization of wireless networks. The depth of experience possessed by LCC's professionals sets it apart in the field of wireless communications, enabling the delivery of high-quality network services.

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

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.

Vcustomers

Acquisition in 2012
vCustomer delivers innovative solutions and services to consumer focused companies .

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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