Tech Mahindra Ltd.

BSE: 532755 | NSE: TECHM
Large Cap | IT - Software
1687.10
8.80 (0.52%)
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Tech Mahindra planning to invest Rs 700 crore in products & platforms division in next 2 years

Date: 06-03-2023

Tech Mahindra is planning to invest up to Rs 700 crore in the newly carved out division of products and platforms in the next two years. The Mahindra group company is already present in the products and platforms business with its acquisition of the telecom sector-focused Comviva and other offerings which are delivering an annual revenue run rate of $450 million.

The company will be leveraging on existing customers who will form the first of the clients for the products and platforms offerings, and also the embedded domain knowledge it has earned by working for customers.

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