MoneyWorks4Me

Tech Mahindra’s arm to sell entire stake in Terra Payment Service

04 Mar 2020 Evaluate

Tech Mahindra’s subsidiary -- Comviva Technologies has agreed to sell its 100% shareholding in Terra Payment Services (Netherlands) BV along with its subsidiaries. Comviva Technologies wanted to exit Mobile interoperability platform business.

Tech Mahindra is a leading provider of solutions and services to the telecommunications industry with a majority stake owned by Mahindra & Mahindra. The company, since 2002 has operations in China with offices in Beijing, Shanghai, Nanjing and Guangzhou.

Peers
Company Name CMP
TCS 2362.00
Infosys 1114.35
HCL Technologies 1366.90
Wipro 173.15
Tech Mahindra 1638.00
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