IIM Udaipur Final Placements Company InfoSheet

Tech Mahindra
Headquarters Pune, Maharashtra
Areas Served Worldwide
Founder and Chairman Anand Mahindra
CEO & MD C.P. Gurnani
Founded 24 October 1986
Market Cap 1.29Trillion INR
Revenue $6.7Billion (2023)
No of employees 1,48,000 (2023)
Industry IT Consulting, IT Services
Company Website Link www.techmahindra.com
Specialties Telecom & IT Consulting, Telecom Security Consulting, BSS
/OSS, Network Technology Solutions & Services, Network
Design & Engineering, Next Generation Networks, Mobility
Solutions, Consulting, Solution Integration, IMS, and BSG

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IIM Udaipur Final Placements Company InfoSheet

COMPANY OVERVIEW

Mahindra Group:
A federation of companies, bound by one purpose - to Rise. Inspired by this spirit, our
legacy and values, our goal to always positively impact our partners, stakeholders,
communities and the world at large, remains unshakeable.
Tech Mahindra Vision:
We will continue to RISE to be an agile, customer-centric and purpose-led company
delivering best-in-class technology led business solutions for our stakeholders.
Tech Mahindra represents the connected world, offering innovative and customer-
centric information technology experiences, enabling Enterprises, Associates and the
Society to Rise.
Helping 988 global customers including Fortune 500 companies. Company’s
convergent, digital, design experiences, innovation platforms and reusable assets
connect across a number of technologies to deliver tangible business value and
experiences to our stakeholders. Tech Mahindra has been recognised amongst India’s 50
best companies to work for in 2020 by the Great Place to Work® Institute.
Tech Mahindra Limited is an Indian multinational technology company, providing
information technology (IT) and business process outsourcing (BPO) services. A
subsidiary of the Mahindra Group, the company is headquartered in Pune and has its
registered office in Mumbai.
As of April 2020, Tech Mahindra is a US$5.2 billion company with 125,236 employees
across 90 countries. The company was ranked #5 in India's IT firms and overall, #47 in
Fortune India 500 list for 2019. On 25 June 2013, Tech Mahindra announced the
completion of a merger with Mahindra Satyam. Tech Mahindra has 973 active clients as
of April 2020.
Mahindra & Mahindra started joint venture with British Telecom in 1986 as a technology
outsourcing firm. British Telecom initially had around 30 percent stake in the Tech
Mahindra company. In December 2010, British Telecom sold 5.5 per cent of its stake in
Tech Mahindra to Mahindra & Mahindra for Rs 451 crore. In August 2012, British
Telecom sold 14.1 per cent of its stake to institutional investors for about Rs 1,395 crore.
In December 2012, British Telecom sold its remaining 9.1 per cent (11.6 million shares)
shareholding to institutional investors for total gross cash proceeds of Rs 1,011.4 crores.
This sale marked the exit of British Telecom from Tech Mahindra.

Customer Centricity
Customer Centricity is the first of company’s five values. Company ensures that it lives
this value through the Customer Centricity Office (CCO). Company’s customer-centric
culture spans across the organization ensuring better services, experience, and better

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IIM Udaipur Final Placements Company InfoSheet

value for money for our customers. Continued focus on customer centricity has
propelled Tech Mahindra to be a trusted partner and advisor. It is company’s priority to
understand the problem areas, business processes, and the strategic business direction of
the customers.

1. Competitors: HCL Technologies Ltd., Infosys Ltd., Tata Consultancy Services Ltd., and
Wipro Ltd.

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IIM Udaipur Final Placements Company InfoSheet

2. Brand:
a) Brand Promise:
• Connected World. Connected Experience
• Convergent Experiences
• Digital Experiences

• Design Experiences
The company promises memorable and meaningful connected experiences for a world
that’s connected by purpose, people, and passion! b) Brand Initiatives:
• In THE FUTURE with WSJ
• #Dontbeplastic
• #AI4Action
• #lovetobeTechM
• #Unlock THE NXT with Jacksonville Jaguars
• Wellness before business
3) Recent News:
• https://www.business-standard.com/article/news-cm/tech-mahindra-ltd-jumps-around-
3121110800707_1.html

• https://www.livemint.com/companies/news/tech-mahindra-acquires-lodestone-and-wmwfor-
118-million-to-bolster-digital-portfolio-11635173583856.html

• https://yourstory.com/enterprise-story/2021/10/tech-mahindra-buying-growth-enginesfuture/

• https://www.businesstoday.in/current/corporate/tech-mahindra-partners-with- college-
ofmilitary-engg-for-defence-solutions/story/427064.html

• https://www.moneycontrol.com/news/business/markets/tech-mahindra-market- cap-goespast-
rs-1-lakh-crore-mark-6322211.html

• https://www.business-standard.com/article/companies/tech-mahindra-may- partnerreliance-jio-
to-provide-5g-solutions-to-world-121010401357_1.html

• https://economictimes.indiatimes.com/tech/information-tech/cloud-ai-driving- growth-fortech-
mahindra/articleshow/79778902.cms

INDUSTRY OVERVIEW

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IIM Udaipur Final Placements Company InfoSheet

The IT & BPM sector has become one of the most significant growth catalysts for the Indian
economy, contributing significantly to the country’s GDP and public welfare. The IT industry
accounted for 7.4% of India’s GDP in FY22, and it is expected to contribute 10% to India’s GDP
by 2025.

As innovative digital applications permeate sector after sector, India is now prepared for the
next phase of growth in its IT revolution. India is viewed by the rest of the world as having one
of the largest Internet user bases and the cheapest Internet rates, with 76 crore citizens now
having access to the internet.

Leading Indian IT firms like Infosys, Wipro, TCS and Tech Mahindra are diversifying their
offerings and showcasing leading ideas in blockchain and artificial intelligence to clients using
innovation hubs and research and development centres to create differentiated offerings.

https://www.ibef.org/industry/information-technology-india

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