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Tech Mahindra Is Set To Acquire Its Two South African Joint Ventures

Tech Mahindra Is Set To Acquire Its Two South African Joint Ventures. Tech Mahindra has announced that the Company has signed an agreement to acquire 49% equity shares in Tech Mahindra South Africa (Pty) Limited and 4% equity shares in Tech Mahindra Holdco PtyLtd.

Tech Mahindra South Africa (Pty) Limited was set up in terms of products/line of business as a Joint Venture (JV) in 2012 between Tech Mahindra | acquired, date of incorporation, history of Ltd, India and M/s. Falcorp Technologies Proprietary last 3 years turnover, country in which the | Limited. The Company is also into Information & acquired entity has presence and any other Technology and Communication business.

Tech Mahindra is an Indian multinational information technology services and consulting company. Part of the Mahindra Group, the company is headquartered in Pune and has its registered office in Mumbai. Tech Mahindra is a US$5.2 billion company with over 145,000 employees across 90 .

Tech Mahindra offers innovative and customer-centric digital experiences, enabling enterprises, associates and the society to Rise. The company is a USD 6 billion organization with 158,000+ professionals across 90 countries helping 1262 global customers, including Fortune 500 companies. The company is focused on leveraging next-generation technologies including 5G, Blockchain, Quantum Computing, Cybersecurity, Artificial Intelligence, and more, to enable end-to-end digital transformation for global customers.

Tech Mahindra is the only Indian company in the world to receive the HRH The Prince of Wales’ Terra Carta Seal for its commitment to creating a sustainable future. We are the fastest growing brand in ‘brand strength’ and amongst the top 7 IT brands globally.

By Thomas Chiothamisi
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