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Tech Mahindra's Competitors, Revenue, Number of Employees, Funding and Acquisitions

Tech Mahindra provides information technology, networking technology solutions and business support services to the tele... Read more

Annual Revenue

Employees

CP Gurnani's photo - CEO of Tech Mahindra

CEO

CP Gurnani

CEO Approval Rating

75/100

OVERVIEW

Founded:

1986

Headquarters:

PuneMaharashtra

Status:

PublicSubsidiary of Mahindra GroupBombay Stock Exchange532755

Industry Sector:

IT Services

IT Consulting

SIC Code:

7371NAICS listing »

Top Competitors or Alternatives

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Competitor - 1/1

Is CTS a competitor of Tech Mahindra?

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Trending News for Tech Mahindra and Tech Mahindra's Competitors

March 31, 2020

The Hindu Business Line

Infosys Foundation commits ₹100 crore towards Covid-19 relief efforts

Over the last two weeks, Infosys Foundation has announced support for creation of an exclusive hospit... See more »

March 30, 2020

BW BUSINESSWORLD

No Significant Impact Of COVID-19 On Operations: HCL Tech

HCL reported consolidated revenue of 9.7 billion dollars in calendar 2019 and 1.49 lakh employees ope... See more »

March 31, 2020

The Times of India

RIL overtakes TCS to become the most valued firm

Reliance Industries Limited (RIL) on Tuesday surpassed Tata Consultancy Services (TCS) to grab the ti... See more »

Competitive Analysis

TOP COMPETITORS OR ALTERNATIVES

TCS is one of Tech Mahindra's top rivals. TCS was founded in Mumbai, Maharashtra} in 1968. Like Tech Mahindra, TCS also competes in the IT Services space. Compared to Tech Mahindra, TCS generates $17.2B more revenue.

Infosys is Tech Mahindra's #2 competitor. Infosys was founded in 1981, and is headquartered in Inn Bangalore, Karnataka. Like Tech Mahindra, Infosys also operates in the IT Services space. Infosys generates $7.4B more revenue vs. Tech Mahindra.

HCL is a top competitor of Tech Mahindra. HCL's headquarters is in Noida, Uttar Pradesh, and was founded in 1991. Like Tech Mahindra, HCL also works within the IT Services sector. HCL generates 188% of Tech Mahindra's revenue.

RANK

COMPANY

LEADERSHIP

CEO SCORE

EMPLOYEES

TOTAL FUNDING

REVENUE

CP Gurnani

CEO

- -
87,080
$0
$5.2B
1

Rajesh Gopinathan

CEO

74/100
5,110
- -
$927.8M
2

Salil S Parekh

CEO

73/100
228,123
- -
$12.5B
3

C Vijayakumar

President & CEO

74/100
149,000
- -
$9.9B
4

Abidali Z. Neemuchwala

CEO

73/100
150,000
- -
$8.6B
5

Brian Humphries

CEO

79/100
281,600
$29.2M
$16.8B
6

Virginia M. Rometty

Chairman & CEO

71/100
350,600
- -
$77.1B
7

Sanjay Jalona

CEO

70/100
24,000
- -
$1.3B
8

Nitin Rakesh

CEO

59/100
15,909
- -
$1.2B
9

Debashis Chatterjee

CEO

63/100
20,204
$23.2M
$1.1B
10

NV Tyagarajan

President & CEO

69/100
87,000
$494.1M
$3.5B
The top 10 competitors in Tech Mahindra's competitive set are TCS, Infosys, HCL, Wipro, CTS, IBM, LTI, Mphasis, Mindtree and Genpact. Together they have raised over 546.5M between their estimated 1.8M employees. Tech Mahindra has 87,080 employees and is ranked 6th among it's top 10 competitors. The top 10 competitors average 127,147.

Quarterly and Annual Revenue

Trailing 12-Months Trend (TTM)

Annual Revenue

$5.2B

Tech Mahindra's revenue is the ranked 6th among it's top 10 competitors. The top 10 competitors average 12.6B. Over the last three quarters, Tech Mahindra's revenue has grown by 7.6%. Specifically, in Q4 2019's revenue was $1.4B; in Q3 2019, it was $1.3B; in Q2 2019, it was $1.3B.

Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION
ZEN3 Infosolutions

Feb 2020

Source »
$42M
Zen3 is a software development firm that provides cloud migration, data management, robotic process automation, and product engineering services.
BORN Commerce

Nov 2019

Source »
$95M
BORN Group is a digital agency that offers content creation, CMS implementation, social media marketing and UI/UX design services for businesses.
Mad*Pow

Jul 2019

Source »
$17M
Mad*Pow provides data visualization, mobile and web application development, design research and digital marketing services for businesses.
DynaCommerce

Feb 2019

Source »
$18.2M
DynaCommerce is a provider of omnichannel sales and order management solutions for telecommunication and utility comnpanies.
Inter-Informatics Spol. s r.o.

Aug 2018

Source »
$6.2M
Inter-Informatics is a provider of design engineering services for the aerospace, rail and machinery industries.

These are all the companies that Tech Mahindra has acquired. Tech Mahindra has acquired 13 companies and its latest acquisition was ZEN3 Infosolutions in Feb 2020. Zen3 is a software development firm that provides cloud migration, data management, robotic process automation, and product engineering services.

Investments

COMPANY

DESCRIPTION

AMOUNT

INVESTMENT DATE

ROUND

EXIT DATE

Altiostar is a provider of virtualized radio access network solutions for the telecommunication industry.
$114M
Apr 25, 2019
Series C
-
Ryff is a media agency that offers advertising, digital marketing, branding and video catalog solutions for IT, retail and healthcare sectors.
$3.6M
Mar 12, 2019
Equity
-
TradeIX is a blockchain-based distributed ledger platform that provides trade financing and factoring solutions.
$16M
Jun 20, 2018
Series A
-
FixStream develops an AI-based platform that provides big data correlation and analytics solutions to businesses.
$10M
Apr 17, 2014
Series A
Aug 01, 2019

These are all the companies that Tech Mahindra has invested in. Tech Mahindra has invested 13 companies and its latest investment was ZEN3 Infosolutions in Feb 2020. Zen3 is a software development firm that provides cloud migration, data management, robotic process automation, and product engineering services.

Tech Mahindra News

March 27, 2020Techcircle

Tech Mahindra to shut offices, move mission critical tasks to home

Information technology services firm Tech Mahindra said it will close all of its offices and move mis... See more »
March 26, 2020Cointelegraph

Indian Tech Giant Mahindra Speeds Up Cross Border Transactions with Blockchain

Tech Mahindra and DBS Bank have sped up international financial transactions using R3's blockchain-ba... See more »
March 23, 2020Telecomlive

Tech Mahindra

Tech Mahindra, one of the country's biggest IT services companies, has said the firm is taking all ne... See more »
March 19, 2020Insurance Report

Tech Mahindra and Innoveo Drive Digital Transformation to Enhance Customer Experience Globally in Insurance, Banking and Wealth Management

Collaborate to leverage the No-Code Platform to accelerate the launch of custom-built applicationThe ... See more »
March 17, 2020Estrade India

Tech Mahindra & Innoveo Drive Digital Transformation to Enhance Customer Experience Globally in Insurance, Banking and Wealth Management

Leverage No-Code Platform to accelerate launch of custom-built applications without software coding i... See more »
March 15, 2020The Economic Times

H Soin, Chief People Officer, Tech Mahindra on tackling Coronavirus

At Tech Mahindra, we strongly believe in "Wellness before Business", which is why amidst the current ... See more »
March 6, 2020Electronics Maker

Media Statement on Corona Virus by Tech Mahindra

Spokesperson Quote Harshvendra Soin, Chief People Officer, Tech Mahindra, said, "At Tech Mahindra, we... See more »

Tech Mahindra Press Releases

March 28, 2019PR Newswire

Accenture, Capgemini, and Tech Mahindra Listed as Visionary Leaders by 360Quadrants for Application Modernization

PUNE, India, March 28, 2019 /PRNewswire/ -- 360Quadrants powered by MarketsandMarkets , the world's o... See more »
June 20, 2018Business Wire

Tech Mahindra Partners with the University of Texas to Launch Inaugural 'Makers Lab' in the U.S.

DALLAS--(BUSINESS WIRE)--Tech Mahindra, a leading provider of digital transformation, consulting and ... See more »
April 25, 2018Business Wire

LookingGlass Cyber Solutions and Tech Mahindra Announce Strategic Partnership to Deliver Threat Intelligence to Global Enterprises

RESTON, Va.--(BUSINESS WIRE)--#Cyber--LookingGlass Cyber Solutions announced partnership with Tech Ma... See more »
October 4, 2017GlobeNewswire

Tech Mahindra and Robin Systems Join Forces to Introduce DBMaaS for Cost Effective, End-to-End, Data Infrastructure Management

DBMaaS Speeds Delivery of a Wide-Range of Applications and Services in Today's Highly Dynamic Enterpr... See more »
August 25, 2017Blackbird

Global Telecom Cloud Billing Market - Industry Forecast to 2025 - High Adoption of Cloud Based Technologies & High Growth in Emerging Economies - Research and Markets

DUBLIN-(BUSINESS WIRE)-The "Global Telecom Cloud Billing Market Analysis & Trends - Industry Forecast... See more »
February 27, 2017Newswire

Vimmi, Tech Mahindra Joint Solution Receives Funding From BIRD

Companies develop breakthrough media delivery network that enhances mobile video transport experience... See more »
February 10, 2017Blackbird

Tech Mahindra wins Golden Peacock Award for Corporate Ethics

See more »

Tech Mahindra Videos

March 5, 2020Tech Mahindra Youtube Channel

"Let's fight #COVID together" on YOUTUBE

See more »
January 29, 2020Tech Mahindra Youtube Channel

"Tech Mahindra at Mobile World Congress 2020, Barcelona" on YOUTUBE

See more »
January 10, 2020Tech Mahindra Youtube Channel

"Tech Mahindra's #UaaS powered Upskilling" on YOUTUBE

See more »
January 10, 2020Tech Mahindra Youtube Channel

"Change begins with "I"… Individual Social Responsibility (ISR)" on YOUTUBE

See more »
January 10, 2020Tech Mahindra Youtube Channel

"Innovating for a Better Future" on YOUTUBE

See more »
January 8, 2020Tech Mahindra Youtube Channel

"WSJ CEO Council Mainstage Session: Investing in Customer Experience" on YOUTUBE

See more »
December 11, 2019Tech Mahindra Youtube Channel

"Supradeep Das, Practice Head - Data & Analytics, Tech Mahindra on Tech Trends in Retail" on YOUTUBE

See more »

Social Statistics

Headquarters

Plot no 1, Phase III, Hinjewadi Rajiv Gandhi Infotech Park

Pune, Maharashtra411057

91-20-4225-0000

Driving Directions »

Trending Companies

Summary

ABOUT

Overview

Tech Mahindra Limited (NSE: TECHM) provides information technology, networking technology solutions and business support services to the telecommunications industry. Founded in 1986 and headquartered in Pune, Maharashtra, India with 100,000 employees,...

CEO

Tech Mahindra's CEO, CP Gurnani, currently has an approval rating of 75%. Tech Mahindra's primary competitors are TCS, Infosys & HCL.

Website

techmahindra.com

Frequently Asked Questions about Tech Mahindra

  1. When was Tech Mahindra founded?

    Tech Mahindra was founded in 1986

  2. Who is Tech Mahindra's CEO?

    Tech Mahindra's CEO is CP Gurnani

  3. How much revenue does Tech Mahindra generate?

    Tech Mahindra generates $5.2B in revenue

  4. How much funding does Tech Mahindra have?

    Tech Mahindra has historically raised $0 in funding

  5. Where is Tech Mahindra's headquarters?

    Tech Mahindra's headquarters is in Pune Maharashtra, IN

  1. How many employees does Tech Mahindra have?

    Tech Mahindra has 87,080 employees

  2. What sector does Tech Mahindra operate in?

    Tech Mahindra is in IT Services, IT Consulting

  3. Who are Tech Mahindra's competitors?

    Tech Mahindra's top competitors are TCS, Infosys, HCL

  4. Who has Tech Mahindra invested in?

    Tech Mahindra's has invested in companies such as Altiostar Networks, Ryff, TradeIX
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