Tech Mahindra’s subsidiary -- Comviva Technologies’ wholly owned subsidiary -- Yabx Technologies (Netherlands) B.V. (Yabx Netherlands) has incorporated a step-down subsidiary named ‘Yabx Technologies Rwanda’ (Yabx Rwanda) in the Republic of Rwanda on December 05, 2025. Yabx Rwanda has been incorporated with an objective to provide software and analytic platform related services to clients in Rwanda.
Consequent to the incorporation, Yabx Rwanda has now become a subsidiary and as such a related party of the company.
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