About Tech Mahindra
Tech Mahindra is a company based in Pune (India) founded in 1986 by Anand Mahindra.. The company has 119,340 employees as of March 31, 2024. Tech Mahindra has completed 36 acquisitions, including Activus Connect, Allyis and BERIS consulting. Tech Mahindra offers products and services including Cloud Services and AI Solutions. Tech Mahindra operates in a competitive market with competitors including UST, NTT DATA, Breed Reply, Globant and 1&1 IONOS, among others.
- Headquarter Pune, India
- Employees 119340 as on 31 Mar, 2024
- Founders Anand Mahindra
- Stage Public
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Sectors
Business ServicesTechnology
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Phone
*********
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Website
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Social
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- Legal Name Tech Mahindra Limited
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Annual Revenue
$6.19 B (USD)1.91as on Mar 31, 2024
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Net Profit
$496.73 M (USD)80.32as on Mar 31, 2024
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EBITDA
$834.58 M (USD)40.48as on Mar 31, 2024
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Latest Funding Round
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Investors
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Employee Count
119340
as on Mar 31, 2024
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Investments & Acquisitions
Activus Connect
& 35 more
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IPO & Listings of Tech Mahindra
Tech Mahindra is a publicly listed company on the NSE with ticker symbol TECHM in India, operating in the Technology services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Tech Mahindra
Tech Mahindra offers a comprehensive portfolio of products and services, including Cloud Services and AI Solutions. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Offers cloud consulting and engineering for business scalability.
Integrates AI to enhance enterprise operations and efficiency.
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Software Development Team
451 people
Leadership Team
83 people
Human Resources and Administration
36 people
Sales and Marketing
32 people
Manager Team
25 people
Program Team
25 people
Operations Team
13 people
Senior Team
13 people
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Funding Insights of Tech Mahindra
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Tech Mahindra
Tech Mahindra has strategically engaged in corporate development activities, having acquired 36 companies. Notable acquisitions include Activus Connect, Allyis and BERIS consulting. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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AI technologies for geomatics and geospatial analysis are provided.
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2022 | ||||
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Customer experience services are provided by Activus Connect in Orlando.
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2019 | ||||
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IT management consulting and games testing services are provided.
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2019 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Tech Mahindra
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Tech Mahindra Comparisons
Competitors of Tech Mahindra
Tech Mahindra operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as UST, NTT DATA, Breed Reply, Globant and 1&1 IONOS, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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High-quality office furniture is provided by UST for various needs.
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Application development, cloud, cybersecurity, and business intelligence services are provided.
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AI, cloud, and blockchain services are provided globally.
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| domain | founded_year | HQ Location |
IT and digital transformation services are delivered to various industries.
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| domain | founded_year | HQ Location |
Cloud infrastructure and hosting services are provided by 1&1 IONOS.
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| domain | founded_year | HQ Location |
Provider of end-to-end business process outsourcing services
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Tech Mahindra
Frequently Asked Questions about Tech Mahindra
When was Tech Mahindra founded?
Tech Mahindra was founded in 1986.
Where is Tech Mahindra located?
Tech Mahindra is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.
Who is the current CEO of Tech Mahindra?
Mohit Joshi is the current CEO of Tech Mahindra.
How many employees does Tech Mahindra have?
As of Mar 31, 2024, the latest employee count at Tech Mahindra is 119,340.
What is the annual revenue of Tech Mahindra?
Annual revenue of Tech Mahindra is $6.19B as on Mar 31, 2024.
What does Tech Mahindra do?
Provider of data analytics, cloud management, and business process outsourcing services. Its other services include e-commerce development, branding, content creation, strategy consulting, digital workplace, network management, data center modernization, cybersecurity, AI, digital transformation, and advanced security outsourcing. It caters their services to industries such as banking, financial, energy utilities, oil gas, and manufacturing sector. In 2022, the company recorded annual revenues of 6.63B and a net profit of 0.6B.
Who are the top competitors of Tech Mahindra?
Tech Mahindra's top competitors include 1&1 IONOS, Booz Allen Hamilton and Genpact.
What products or services does Tech Mahindra offer?
Tech Mahindra offers Cloud Services and AI Solutions.
Is Tech Mahindra publicly traded?
Yes, Tech Mahindra is publicly traded on NSE under the ticker symbol TECHM.
How many acquisitions has Tech Mahindra made?
Tech Mahindra has made 36 acquisitions, including Activus Connect, Allyis, and BERIS consulting.
What is Tech Mahindra's ticker symbol?
The ticker symbol of Tech Mahindra is TECHM on NSE.
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