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{{short description|Indian multinational technology company}}
{{Use Indian English|date=June 2015}}
{{Use dmy dates|date=June 2015}}
{{Infobox company|
| logo = TM Logo Color Pos RGB.svg
| type = [[public company|Public]]
| traded_as = {{Unbulleted list|{{BSE|532755}}|{{NSE|TECHM}}|[[BSE SENSEX]] constituent|[[NIFTY 50|NSE NIFTY 50]] constituent}}
| area_served = Worldwide
| key_people = {{ubl
| [[Anand Mahindra]] {{small|(Chairman)}}
| Mohit Joshi {{small|(MD & CEO)}}<ref>{{cite web | url=https://www.techmahindra.com/en-in/techm-appoints-mohit-joshi-as-md-and-ceo-designate/ | title=Tech Mahindra appoints Mohit Joshi as MD & CEO designate | date=11 March 2023 }}</ref>
| Atul Soneja {{small|(COO)}}<ref>{{cite web | url=https://www.thehindubusinessline.com/info-tech/experts-call-for-building-digital-infra-upskilling-to-tap-it-talent-in-small-cities/article69225681.ece | title=Experts call for building digital infra, upskilling to tap IT talent in small cities | date=16 Feb 2025}}</ref>
| Rohit Anand {{small|(CFO)}}<ref>{{cite web | url=https://timesofindia.indiatimes.com/technology/tech-news/this-indian-it-company-added-highest-number-of-employees-in-second-quarter-of-fy2025-among-the-top-5-it-companies-in-india/articleshow/114477437.cms
| title=This Indian IT company added highest number of employees in second quarter of FY2025 among the Top 5 IT companies in India | date=23 Oct 2024}}</ref>
}}
| ISIN = {{ISIN|sl=n|pl=y|INE669C01036}}
| industry = [[Information technology]]<br>[[Consulting]]<br>[[Outsourcing]]
| services =
| revenue = {{increase}} {{INRConvert|53847|c}} (2025)
| operating_income = {{increase}} {{INRConvert|5653|c}} (2025)
| net_income = {{increase}} {{INRConvert|4499|c}} (2025)
| assets = {{increase}} {{INRConvert|44494|c}}
| assets_year = 2025
| equity = {{increase}} {{INRConvert|27791|c}}
| equity_year = 2025
| num_employees = 148,731 (March 2025)<ref>{{cite news |last1=Nagasundaram |first1=Dhanya |title=Tech Mahindra Q4 Results: Cons PAT soars 76.5% YoY to ₹1,166.7 crore |url=https://www.livemint.com/market/stock-market-news/tech-mahindra-q4-results-cons-pat-soars-76-5-yoy-to-rs-1-166-7-crore-11745478585251.html |access-date=24 April 2025 |work=Mint |date=24 April 2025}}</ref>
| parent = [[Mahindra Group]]
| founded = {{Start date and age|24 October 1986}}
| founder = [[Anand Mahindra]]
| location = [[Pune]], [[Maharashtra]], India
| former_name = Mahindra British Telecom (1986–2006)
| footnotes = Financials {{as of|2025|03|31|lc=y}}.<ref>{{cite web |title=Consolidated Financial Results for the quarter and audited results for the year ended March 31, 2025 |url=https://insights.techmahindra.com/investors/tml-q4-fy-25-consolidated-results.pdf |publisher=Tech Mahindra |access-date=24 April 2025}}</ref>
| homepage = {{URL|http://www.techmahindra.com/}}
}}

'''Tech Mahindra''' is an Indian [[Multinational corporation|multinational]] [[information technology]] services and [[consulting]] company. It was formed in 1986 as a [[joint venture]] between [[Mahindra & Mahindra]] and [[BT Group]]. Part of the [[Mahindra Group]], the company is headquartered in [[Pune]] and has its registered office in [[Mumbai]].<ref>{{Cite web |title=Tech Mahindra |url=http://www.techmahindra.com/en-in/ |access-date=January 1, 2018 |website=techmahindra.com |publisher=TechMahindra}}</ref>

==History==

In 1986, [[Mahindra & Mahindra]] started a 60:40 [[joint venture]] technology services outsourcing firm with [[British Telecom]] named Mahindra British Telecom (MBT). In 2000, British Telecom committed business of at least £105 million over three years; as a consideration, British Telecom's stake in MBT increased to 43%.<ref>{{cite news |title=British Telecom commits Rs 7250/- million business to MBT over three years |url=https://www.rediff.com/money/2000/aug/30risc.htm |access-date=9 September 2024 |work=Rediff}}</ref> MBT primarily served the [[telecommunications industry]] in its early years, with British Telecom as its largest client.<ref>{{cite news |title=Tech Mahindra bags $700 mn deal from British Telecom |url=https://economictimes.indiatimes.com/tech/ites/tech-mahindra-bags-700-mn-deal-from-british-telecom/articleshow/3044721.cms |access-date=9 September 2024 |work=The Economic Times |date=16 May 2008}}</ref>

In 2006, MBT was renamed as Tech Mahindra,<ref>{{cite news |title=MBT to be renamed Tech Mahindra |url=https://www.business-standard.com/article/technology/mbt-to-be-renamed-tech-mahindra-106021400031_1.html |access-date=5 September 2024 |work=Business Standard |date=14 February 2006}}</ref> and it became a [[public company|publicly-listed company]] via an [[initial public offering]].<ref>{{cite news |title=Tech Mahindra sets IPO price band at Rs 315-Rs 365 |url=https://economictimes.indiatimes.com/markets/ipos/fpos/tech-mahindra-sets-ipo-price-band-at-rs-315-rs-365/articleshow/1815233.cms |access-date=5 September 2024 |work=The Economic Times |date=27 July 2006}}</ref> In December 2010, British Telecom sold 5.5% of its stake in Tech Mahindra to Mahindra & Mahindra for {{INR}}451 [[crore]].<ref>{{cite web|title=BT Group to exit from Tech Mahindra, directors resign|url=http://articles.economictimes.indiatimes.com/2011-12-24/news/30554758_1_bt-group-tech-mahindra-techm|publisher=Economic Times|access-date=4 July 2015|date=24 December 2011|archive-url=https://web.archive.org/web/20150705160534/http://articles.economictimes.indiatimes.com/2011-12-24/news/30554758_1_bt-group-tech-mahindra-techm|archive-date=5 July 2015|url-status=dead|df=dmy-all}}</ref> In August 2012, British Telecom sold 14.1% of its stake to institutional investors for about {{INR}}1,395 crore. In December 2012, British Telecom sold its remaining 9.1% stake to institutional investors for {{INR}}1,011.4 crore. This sale marked the exit of British Telecom from Tech Mahindra.<ref>{{cite web|title=BT exits Tech Mahindra|url=http://www.thehindu.com/business/companies/bt-exits-tech-mahindra/article4191751.ece|work=The Hindu|access-date=4 July 2015|date=12 December 2012}}</ref>

===Acquisition and merger of Satyam===
In the aftermath of the [[Satyam scandal]], Tech Mahindra emerged as the top bidder for a 31% controlling stake in [[Satyam Computer Services]], beating a bid from [[Larsen & Toubro]], in April 2009.<ref>{{cite web|url=http://ibnlive.in.com/news/tech-mahindra-wins-satyam-bid--full-coverage/90124-7.html|archive-url=https://web.archive.org/web/20090416110946/http://ibnlive.in.com/news/tech-mahindra-wins-satyam-bid--full-coverage/90124-7.html|url-status=dead|archive-date=2009-04-16|title=Tech Mahindra wins Satyam Computer bid|work=IBNLive}}</ref><ref>{{cite news|url=https://www.indiatoday.in/headlines-today-top-stories/story/tech-mahindra-wins-satyam-bid-44197-2009-04-12|title=Tech Mahindra wins Satyam bid|website=[[India Today]]|date=12 April 2009}}</ref> After the completion of the acquisition, Satyam Computer Services was renamed Mahindra Satyam in June 2009.<ref>{{cite news |title=Satyam renamed as Mahindra Satyam |url=https://www.business-standard.com/article/companies/satyam-renamed-as-mahindra-satyam-109062200054_1.html |access-date=5 September 2024 |work=Business Standard |date=22 June 2009}}</ref> Tech Mahindra's stake in Satyam increased to 42% through a preferential share allotment in July 2009.<ref>{{cite news |title=Tech M now has 42% stake in Satyam |url=https://www.business-standard.com/article/companies/tech-m-now-has-42-stake-in-satyam-109070200032_1.html |access-date=19 July 2025 |work=Business Standard |date=2 July 2009}}</ref>

[[File:Tech Mahindra Bangalore (cropped).jpg|thumb|A building in the [[Bangalore]] campus of Tech Mahindra c. 2017]]

In 2010, Mahindra Satyam and [[IDEMIA|Morpho]] were awarded a contract by [[UIDAI]] to implement the [[Biometric identification by country|biometric identification system]] for the [[Aadhaar]] programme.<ref>{{cite news |title=Mahindra Satyam, Morpho selected as key partners for UIDAI |url=https://economictimes.indiatimes.com/tech/software/mahindra-satyam-morpho-selected-as-key-partners-for-uidai/articleshow/6238680.cms |access-date=19 July 2025 |work=The Economic Times |date=30 July 2010}}</ref> Mahindra Satyam, along with Tech Mahindra, was the official IT services provider for the [[2010 FIFA World Cup|2010]] and [[2014 FIFA World Cup]]s.<ref>{{cite news |last1=Shuey |first1=Scott |title=Mahindra Satyam gets major brand boost through World Cup |url=https://gulfnews.com/technology/mahindra-satyam-gets-major-brand-boost-through-world-cup-1.640272 |access-date=19 July 2025 |work=Gulf News |date=12 June 2010}}</ref><ref>{{cite news |title=TechM kicked about World Cup ties |url=https://www.thehindubusinessline.com/info-tech/TechM-kicked-about-World-Cup-ties/article20799744.ece |access-date=19 July 2025 |work=BusinessLine |date=16 June 2014 |language=en}}</ref>

Tech Mahindra announced its [[Mergers and acquisitions|merger]] with Mahindra Satyam on 21 March 2012, after getting approval of the two company boards.<ref>{{cite web|url=http://www.livemint.com/2012/03/21094345/Tech-Mahindra-Satyam-get-nod.html|title=Tech Mahindra, Satyam get nod to merge|url-status=dead |archive-url=https://web.archive.org/web/20120322200247/http://www.livemint.com/2012/03/21094345/Tech-Mahindra-Satyam-get-nod.html|archive-date=22 March 2012| date=21 March 2012}}</ref> The new organization would be led by [[Anand Mahindra]] as Chairman, [[Vineet Nayyar]] as Vice Chairman, and [[C. P. Gurnani]] as the CEO and Managing Director.<ref>{{cite web|url=https://www.indiatoday.in/business/market/story/m-satyam-tech-mahindra-hope-to-merge-in-four-weeks-166415-2013-06-10|title=M-Satyam, Tech Mahindra hope to merge in four weeks|date=11 June 2013 }}</ref><ref>{{cite news| url=http://www.thehindu.com/business/Industry/high-court-clears-merger-of-mahindra-satyam-with-tech-mahindra/article4803837.ece | location=Chennai, India | work=The Hindu | title=MSat-Tech Mahindra merger gets court nod | date=June 11, 2013}}</ref> On 25 June 2013, Tech Mahindra completed the merger to become India's fifth largest software services company with a turnover of $2.7 billion.<ref>{{cite web|url=http://zeenews.india.com/business/news/companies/mahindra-satyam-merges-with-tech-mahindra_78656.html |title=Mahindra Satyam merges with Tech Mahindra; becomes 5th biggest IT firm |access-date=2013-06-25 |url-status=live |archive-url=https://web.archive.org/web/20150619224313/http://zeenews.india.com/business/news/companies/mahindra-satyam-merges-with-tech-mahindra_78656.html |archive-date=19 June 2015 |df=dmy }}</ref><ref>{{cite web|url=http://www.moneycontrol.com/news/business/tech-mahindra-satyam-computer-complete-merger_905059.html|title=Tech Mahindra, Satyam Computer complete merger|date=25 June 2013}}</ref><ref>{{Cite news| url=http://www.thehindu.com/business/Industry/185-swap-for-tech-mahindra-mahindra-satyam-merger/article4849296.ece | location=Chennai, India | work=The Hindu | title=1:8.5 swap for Tech Mahindra, Mahindra Satyam merger | date=June 25, 2013}}</ref> The merger diversified Tech Mahindra's revenue mix, with the telecommunication vertical's share declining from over 90% in 2009<ref>{{cite news |last1=Mishra |first1=Santanu |title=Headwinds in telecom impact Tech Mahindra’s Q4 |url=https://economictimes.indiatimes.com/headwinds-in-telecom-impact-tech-mahindras-q4/articleshow/4457804.cms |access-date=19 July 2025 |work=The Economic Times |date=28 April 2009}}</ref> to 47% in 2013.<ref>{{cite news |last1=Talgeri |first1=Kunal N. |title=Inside the merger! |url=https://www.fortuneindia.com/technology/inside-the-merger/100760 |access-date=19 July 2025 |work=Fortune India |date=5 December 2012 |language=en}}</ref><ref>{{cite web |title=Annual Report 2013-14 |url=https://insights.techmahindra.com/investors/Annual-Report-FY13-14.pdf |publisher=Tech Mahindra |access-date=19 July 2025| date=27 June 2014}}</ref>

===Later years===
In 2013, Mahindra Group company Mahindra Engineering Services (MES) merged with Tech Mahindra.<ref>{{cite news |last1=Khan |first1=Zahra |title=Mahindra Engineering to merge with Tech Mahindra |url=https://www.livemint.com/Companies/xfkm25DcY3bHA78akOwUDN/Mahindra-Engineering-to-merge-with-Tech-Mahindra.html |access-date=19 July 2025 |work=Mint |date=29 November 2013}}</ref>

In 2015, Tech Mahindra and Mahindra & Mahindra (M&M) jointly purchased a controlling stake in [[Pininfarina]] S.p.A., an Italian automotive and industrial design company.<ref>{{cite web|url=http://articles.economictimes.indiatimes.com/2015-12-14/news/69033382_1_tech-mahindra-debt-restructuring-design|title=Tech Mahindra set to acquire Italian car design company Pininfarina|work=timesofindia-economictimes|access-date=22 December 2015|archive-url=https://web.archive.org/web/20151223040737/http://articles.economictimes.indiatimes.com/2015-12-14/news/69033382_1_tech-mahindra-debt-restructuring-design|archive-date=23 December 2015|url-status=dead|df=dmy-all}}</ref> By March 2016, Tech Mahindra's post-tax earnings had surpassed that of M&M.<ref>{{Cite web|title=TECHM Shareholding Pattern - Tech Mahindra Ltd Stock|url=https://fintel.io/so/in/techm|access-date=2020-06-28|website=fintel.io|language=en}}</ref>

Tech Mahindra was ranked 5th among [[List of Indian IT companies|India's IT firms]] and overall 47th on the [[Fortune India 500|''Fortune India'' 500]] list for 2019.<ref>{{Cite web|url=https://www.fortuneindia.com/fortune-500/company-list/tech-mahindra?year=2019|title=Tech Mahindra - Fortune 500 List 2019|website=Fortune|access-date=2 August 2020|archive-date=2 March 2022|archive-url=https://web.archive.org/web/20220302135619/https://www.fortuneindia.com/fortune-500/company-list/tech-mahindra?year=2019|url-status=dead}}</ref>

Since 2023, Tech Mahindra and [[FIDE]] have organized the [[Global Chess League 2023|Global Chess League]], an over-the-board [[rapid chess]] league.<ref>{{Cite web |title=FIDE and Tech Mahindra Announce Dates for First & Biggest Global Chess League |url=https://www.fide.com/news/2293 |access-date=2023-08-06 |website=www.fide.com |language=en}}</ref><ref>{{Cite news |title=Tech Mahindra, FIDE join hands for franchisee-based chess competition |work=[[Business Standard]] |url=https://www.business-standard.com/companies/news/tech-mahindra-fide-join-hands-for-franchisee-based-chess-competition-123050400859_1.html}}</ref>

In 2025, Tech Mahindra was one of the eight entities selected by the [[INDIAai|IndiaAI Mission]] to develop a sovereign [[Foundation model|foundation LLM]].<ref>{{cite web |last1=Ghosh |first1=Debangana |title=Tech Mahindra developing 1-trillion-parameter sovereign LLM under IndiaAI Mission |url=https://www.moneycontrol.com/news/business/information-technology/tech-mahindra-developing-1-trillion-parameter-sovereign-llm-under-indiaai-mission-13616345.html |website=Moneycontrol |access-date=30 December 2025}}</ref>

==Acquisitions==
Notable acquisitions by Tech Mahindra include:
{| class="wikitable"
|+
! Year !! Company !! Country !! Industry !! Acquisition cost
|-
| 2005 || Axes Technologies<ref>{{cite news |title=Mahindra British buys Axes Tech for $54m |url=https://economictimes.indiatimes.com/mahindra-british-buys-axes-tech-for-54m/articleshow/1298250.cms |access-date=9 September 2024 |work=The Economic Times |date=17 November 2005}}</ref> || United States || Telecom engineering || align="right" | $54 million
|-
| 2007 || iPolicy Networks<ref>{{cite news |title=Tech Mahindra buys US co iPolicy Inc |url=https://www.rediff.com/money/2007/jan/18tech1.htm |access-date=9 September 2024 |work=Rediff}}</ref> || United States || Network security || align="right" | Undisclosed
|-
| 2009-13 || [[Satyam Computer Services]]<ref>{{cite news |title=Tech Mahindra completes Satyam merger |url=https://www.vccircle.com/tech-mahindra-completes-satyam-merger |access-date=9 September 2024 |work=VCCircle}}</ref> || India || IT services || align="right" | $600 million
|-
| 2012 || Hutchinson Global Services<ref>{{cite news |last1=Shivapriya |first1=N. |title=Tech Mahindra announces acquisition Hutchison Global Services for $ 87 million |url=https://economictimes.indiatimes.com/tech/ites/tech-mahindra-announces-acquisition-hutchison-global-services-for-87-million/articleshow/16249039.cms |access-date=5 September 2024 |work=The Economic Times |date=4 September 2012}}</ref> || United States || Business process outsourcing || align="right" | $87 million
|-
| 2012 || [[Comviva]]<ref>{{cite news |title=Tech Mahindra buys 51% of Bharti Group's mobile VAS firm Comviva for $48M |url=https://www.vccircle.com/tech-mahindra-buys-51-bharti-groups-mobile-vas-firm-comviva-48m |access-date=5 September 2024 |work=VCCircle}}</ref> || India || Telecom VAS || align="right" | $48 million
|-
| 2014 || Lightbridge Communications Corporation (LCC)<ref>{{cite news |title=Tech Mahindra acquires 100% stake in Lightbridge Communications |url=https://www.livemint.com/Companies/3UHrEWFftiQd6RrqL8QrTJ/Tech-Mahindra-acquires-100-stake-in-Lightbridge-Communicati.html |access-date=5 September 2024 |work=Mint}}</ref> || United States || Telecom network services || align="right" | $240 million
|-
| 2015 || SOFGEN Holdings<ref>{{cite web|url=http://articles.economictimes.indiatimes.com/2015-01-09/news/57883595_1_tech-mahindra-lightbridge-communications-gurnani|title=Tech Mahindra to acquire Swiss firm SOFGEN Holdings|work=timesofindia-economictimes|access-date=15 January 2015|archive-url=https://web.archive.org/web/20150114032047/http://articles.economictimes.indiatimes.com/2015-01-09/news/57883595_1_tech-mahindra-lightbridge-communications-gurnani|archive-date=14 January 2015|url-status=dead|df=dmy-all}}</ref> || Switzerland || Banking technology consulting || align="right" | Undisclosed
|-
| 2015 || [[Pininfarina]]<ref>{{cite news |last1=Merchant |first1=Akbar |title=Mahindra acquires Pininfarina design house |url=https://www.autocarindia.com/car-news/mahindra-acquires-pininfarina-design-house-399163 |access-date=5 September 2024 |work=Autocar India |date=14 December 2015 |language=en}}</ref> || Italy || Automotive design engineering || align="right" | €168 million
|-
| 2016 || Target Group<ref>{{cite news |title=Tech Mahindra to acquire UK's Target Group for up to $175 mn |url=https://www.vccircle.com/tech-mahindra-acquire-uks-target-group-175-million |access-date=5 September 2024 |work=VCCircle}}</ref> || United Kingdom || Business process outsourcing || align="right" | £120 million
|-
| 2016 || The Bio Agency<ref>{{cite news |title=Tech Mahindra acquires UK's The BIO Agency |url=https://www.thehindubusinessline.com/info-tech/tech-mahindra-acquires-uk-based-bio-agency-in-all-cash-deal/article64327900.ece |access-date=11 April 2025 |work=BusinessLine |date=22 June 2016 |language=en}}</ref> || United Kingdom || Digital consulting || align="right" | £45 million
|-
| 2017 || HCI Group (CJS Solutions Group)<ref>{{cite news |last1=Usmani |first1=Azman |title=Tech Mahindra To Acquire U.S.-Based Healthcare IT Consulting Firm, HCI Group |url=https://www.ndtvprofit.com/business/tech-mahindra-to-acquire-us-based-healthcare-it-consulting-firm-hci-group |access-date=5 September 2024 |work=NDTV Profit |date=6 March 2017 |language=en}}</ref> || United States || Healthcare technology || align="right" | $89.5 million
|-
| 2019 || Mad*Pow <ref>{{Cite web|url=https://www.techmahindra.com/insights/news/tech-mahindra-acquires-leading-strategic-design-consultancy-madpow/|title= Tech Mahindra Acquires Leading Strategic Design Consultancy, Mad*Pow|access-date=4 November 2025 |work=Tech Mahindra |date=30 July 2019 |language=en}}</ref> || United States || Design strategy agency || align="right" | unknown
|-
| 2019 || BORN Group<ref>{{Cite web|url=https://www.livemint.com/companies/news/tech-mahindra-acquires-born-group-for-95-million-11572959869569.html|title=Tech Mahindra acquires New York-based BORN Group for $95 million|last=Sriram|first=M.|date=2019-11-05|website=Mint|language=en|access-date=2019-11-26}}</ref> || United States || Content agency || align="right" | $90 million
|-
| 2020 || Zen3 Infosolutions<ref>{{cite news |title=Tech Mahindra to acquire Zen3 Infosolutions for Rs 460 crore in all-cash deal |url=https://www.businesstoday.in/latest/corporate/story/tech-mahindra-to-acquire-zen3-infosolutions-for-rs-460-crore-in-all-cash-deal-250657-2020-02-24 |access-date=5 September 2024 |work=Business Today |date=24 February 2020 |language=en}}</ref> || United States || Enterprise software || align="right" | $64 million
|-
| 2020 || Cerium Systems<ref>{{cite news |last1=Kapur |first1=Narinder |title=Tech Mahindra tweaks terms to acquire Cerium Systems, Zen3 Infosolutions |url=https://www.vccircle.com/tech-mahindra-tweaks-terms-to-acquire-cerium-systems-zen3-infosolutions |access-date=19 July 2025 |work=VCCircle |date=13 April 2020}}</ref> || India || IC and embedded software || align="right" | $32.1 million
|-
| 2020 || Tenzing Group<ref>{{cite news |last1=Baruah |first1=Ayushman |title=Tech Mahindra acquires Momenton and Tenzing to boost financial services biz |url=https://www.livemint.com/companies/news/tech-mahindra-acquires-momenton-and-tenzing-to-boost-financial-services-biz-11603793452877.html |access-date=11 April 2025 |work=Mint |date=27 October 2020 |language=en}}</ref> || New Zealand || Management consulting || align="right" | $29.5 million
|-
| 2021 || Perigord<ref>{{cite news |title=Tech Mahindra acquires 70% stake in Dublin-based Perigord for $25.06 million |url=https://www.financialexpress.com/business/industry-tech-mahindra-acquires-70-stake-in-dublin-based-perigord-for-25-06-million-2213450/ |access-date=11 April 2025 |work=Financial Express |date=16 March 2021 |language=en}}</ref> || Ireland || Digital services || align="right" | €21 million
|-
| 2021 || DigitalOnUs<ref>{{cite news |title=Tech Mahindra acquires DigitalOnUS for $120 million |url=https://www.thehindubusinessline.com/info-tech/tech-mahindra-acquires-entire-stake-in-digitalonus/article34365967.ece |access-date=5 September 2024 |work=BusinessLine |date=20 April 2021 |language=en}}</ref> || United States || Cloud and DevOps services || align="right" | $120 million
|-
| 2021 || Eventus Solutions Group<ref>{{cite news |title=Tech Mahindra to acquire Eventus Solutions Group for up to $44 million |url=https://economictimes.indiatimes.com/tech/information-tech/tech-mahindra-to-acquire-eventus-solutions-group-for-up-to-44-million/articleshow/82261217.cms |access-date=5 September 2024 |work=The Economic Times |date=26 April 2021}}</ref> || United States || CX consulting || align="right" | $44 million
|-
| 2021 || Brainscale<ref>{{cite news |title=Tech Mahindra acquires US cloud consulting firm Brainscale |url=https://www.business-standard.com/article/news-cm/tech-mahindra-acquires-us-cloud-consulting-firm-brainscale-121062800461_1.html |access-date=5 September 2024 |work=Business Standard}}</ref> || United States || Cloud consulting || align="right" | $28.8 million
|-
| 2021 || Lodestone (Infostar)<ref>{{cite news |title=Tech Mahindra acquires Lodestone, WMW |url=https://economictimes.indiatimes.com/tech/information-tech/tech-mahindra-acquires-lodestone-wmw/articleshow/87260603.cms |access-date=5 September 2024 |work=The Economic Times |date=25 October 2021}}</ref> || United States || Product engineering || align="right" | $105 million
|-
| 2021 || Activus Connect<ref>{{cite news |title=Tech Mahindra buys Activus |url=https://www.livemint.com/companies/news/tech-mahindra-acquires-100-stake-in-activus-connect-for-62-million-11638545377411.html |access-date=5 September 2024 |work=Mint}}</ref> || United States || CX technology || align="right" | $62 million
|-
| 2021 || Allyis Group<ref>{{cite news |title=Tech Mahindra to acquire 100% stake in US-based Allyis Group |url=https://www.livemint.com/companies/news/tech-mahindra-to-acquire-100-stake-in-us-based-allyis-group-11640925605137.html |access-date=5 September 2024 |work=Mint}}</ref> || United States || IT consulting || align="right" | $125 million
|-
| 2022 || Com Tec Co (CTC)<ref>{{cite news |title=Tech Mahindra Acquires Com Tec Co IT Ltd and invests in two InsurTech platforms |url=https://economictimes.indiatimes.com/markets/companies/tech-mahindra-acquires-european-tech-firm-for-eur-310-mn/articleshow/88954235.cms |access-date=5 September 2024 |work=The Economic Times |date=17 January 2022}}</ref> || Cyprus || IT consulting || align="right" | €310 million
|-
| 2022 || Thirdware<ref>{{cite news |title=Tech Mahindra to completely acquire Thirdware for Rs 320 cr |url=https://www.business-standard.com/article/companies/tech-mahindra-to-completely-acquire-thirdware-for-rs-320-cr-122031200935_1.html |access-date=5 September 2024 |work=Business Standard}}</ref> || India || Enterprise software || align="right" | $42 million
|-
|}

==Operations==
For the year ended March 2025, the company derived 85.9% of its revenue from [[Information technology consulting|IT consulting]], [[Offshore custom software development|software application development]] and [[Software maintenance|maintenance]] services, and the remaining 14.1% from [[Business process management|business process services]] and [[Business process outsourcing|outsourcing]].<ref>{{cite web |title=Integrated Annual Report 2024-25 |url=https://insights.techmahindra.com/investors/tml-integrated-annual-report-fy-2024-2025.pdf |publisher=Tech Mahindra |access-date=16 October 2025 |page=315}}</ref>

== Financials ==
{| class="wikitable"
!Year
!Revenue (In crores)
!Profits/Loss (In crores)
!{{Tooltip|Ref.|References}}
|-
|2021
|37,885
|4,351
| rowspan="5" |<ref>{{Cite news |last= |title=Tech Mahindra Stock Shares Price |url=https://www.moneycontrol.com/india/stockpricequote/computers-software/techmahindra/TM4 |archive-url=https://web.archive.org/web/20250920022256/https://www.moneycontrol.com/india/stockpricequote/computers-software/techmahindra/TM4 |archive-date=2025-09-20 |access-date=2025-10-31 |language=en}}</ref>
|-
|2022
|{{Increase}} 44,646
|{{Increase}} 5,627
|-
|2023
|{{Increase}} 53,290
|{{Decrease}} 4,886
|-
|2024
|{{Decrease}} 51,995
|{{Decrease}} 2,386
|-
|2025
|{{Increase}} 52,988
|{{Increase}} 4,244
|}

==See also==
{{Portal|Companies}}
* [[Big Tech (India)]]
* [[List of Indian IT companies]]
* [[Fortune India 500]]
* [[Software industry in Telangana]]

==References==
{{Reflist|30em}}

==External links==
* {{Official website}}

{{Mahindra Group}}
{{Nifty 200 companies}}
{{BSE Sensex}}
{{CNX Nifty companies}}
{{DJSI World}}
{{Major information technology consulting and outsourcing companies}}
{{Contract research organization|state=collapsed}}

[[Category:International information technology consulting firms]]
[[Category:Information technology consulting firms of India]]
[[Category:Software companies of India]]
[[Category:Companies established in 1986]]
[[Category:Outsourcing companies]]
[[Category:Outsourcing in India]]
[[Category:Mahindra Group]]
[[Category:1986 establishments in Maharashtra]]
[[Category:Information technology companies of India]]
[[Category:NIFTY 50]]
[[Category:BSE SENSEX]]
[[Category:Companies listed on the Bombay Stock Exchange]]
[[Category:Companies listed on the National Stock Exchange of India]]
[[Category:Multinational companies headquartered in India]]

Tech Mahindra - Revision history

Maansi26: Started first data needs work