Mastek Ltd.

Mastek is aiming for a nearly four-fold growth in its top line to a yearly rate of $ 1 billion by 2026 or early 2027 through a mix of both organic growth and acquisitions. The city-headquartered company, which had cash of over Rs 750 crore as of March 31, will be scouting for acquisition targets in the US in the pursuit of its aspiration.

The company gets over two-thirds of its revenues from the UK market, where it has a special focus on serving the IT needs of the state-run entities, while the US contributes only 18 per cent.

Mastek together with its subsidiaries, provides enterprise technology solutions and platforms for insurance, government, and financial services organizations worldwide.