Tech Mahindra Ltd.

Tech Mahindra’s wholly owned subsidiary -- Tech Mahindra (Singapore) has agreed to acquire 100% stake in Momenton. Momenton is a cloud and engineering services provider with a Banking and Financial Services (BFS) focus. The acquisition will enhance the company’s digital transformation capabilities and provide Tech Mahindra a scaled up presence in the Australian BFS market. The transaction is expected to close by March 31, 2021.

Tech Mahindra represents the connected world, offering innovative and customer-centric information technology experiences, enabling Enterprises, Associates and the Society to Rise.