Tech Mahindra
Tech Mahindra Limited is a publicly listed Indian IT services and consulting company that delivers AI-driven digital transformation, cloud infrastructure, and agentic AI platforms (TechM Orion, Project Indus) to 1,100+ enterprise clients across 14 industries and 90+ countries.
- Company typePublic
- Founded1986
- HeadquartersMumbai, India
- Headcount5,001–10,000
- GTM typeB2B
- OfferingServices
What Tech Mahindra does
Tech Mahindra Limited (NSE: TECHM), part of the Mahindra Group, is a publicly listed India-headquartered IT services and consulting company that serves 1,100+ enterprise clients across 14 industries and 90+ countries with a workforce of 149,000+ professionals. The company generates revenue primarily through professional services engagements, multi-year managed services contracts, and digital transformation projects, with its largest segments being Banking & Financial Services and Communications/Telecommunications.
The company's core technology platform is TechM Orion, an enterprise-grade agentic AI platform supporting the full AI lifecycle from agent creation and RAG configuration through deployment, monitoring, and governance (via TechM VerifAI). Tech Mahindra has also developed Project Indus, a sovereign Hindi-first 8-billion-parameter Large Language Model built with NVIDIA NeMo, alongside domain-specific AI agents for pharmacovigilance, network operations, autonomous QA for DevOps, and payment assistance. Supporting capabilities include the SmartVirtual work-from-home CX platform, the NXT.NOW digital transformation framework, and Makers Lab as an R&D engine for emerging technologies including quantum computing and Small Language Models via a partnership with UCL.
Commercially, Tech Mahindra operates through direct enterprise field sales and a partner channel ecosystem that includes NVIDIA, Microsoft, Google Cloud (Partner of the Year 2026), Cisco, Rubrik, and Telefónica Germany. Revenue is reported in Indian rupees, with FY24 revenue of Rs 51,995.50 crore (approximately $6.2B USD) and Q4 FY26 EBIT of Rs 7,152 crore (up 39.2% YoY) under CEO Mohit Joshi. The company has executed multiple strategic acquisitions since 2020 (including BrainScale, Allyis Group, Activus Connect, Thirdware, and Avant Techno Solutions) to build capabilities in cloud, CX, IoT, and payments, while liquidating underperforming subsidiaries such as HCI Group Australia in 2026.
Tech Mahindra firmographics
Firmographics- Name
- Tech Mahindra
- Legal name
- Tech Mahindra Limited
- Website
- https://techmahindra.com
- Company type
- Public
- Founded year
- 1986
- Operating status
- Operating
- Headcount range
- 5,001–10,000 employees
- Short description
- Tech Mahindra Limited is a publicly listed Indian IT services and consulting company that delivers AI-driven digital transformation, cloud infrastructure, and agentic AI platforms (TechM Orion, Project Indus) to 1,100+ enterprise clients across 14 industries and 90+ countries.
- Ownership category
- akta.pro rank
Tech Mahindra industry classification
Industry- Product category
- IT Services and Consulting
- NAICS
- Computer Systems Design and Related Services (54151), Professional, Scientific, and Technical Services (54), Other Scientific and Technical Consulting Services (54169)
- SIC
- Services-Computer Programming Services (7371), Services-Management Consulting Services (8742)
- akta.pro primary industry
- Emerging Tech (IoT, Blockchain, AR/VR, Edge) Consulting (BPAHAEAL)
- akta.pro secondary industries
- LLMOps & Generative AI Platforms (Prompt/Agent Orchestration, RAG) (HDAEANAD), Data Science, Machine Learning & AI (Modeling, MLOps, GenAI) (EDABAFAE)
Keywords
Where Tech Mahindra is headquartered
LocationHeadquarters
- HQ city
- Mumbai
- HQ country
- India
- HQ region
- Asia
Offices7 records
Markets served
Tech Mahindra business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- IT Services and Consulting: Technology consulting and digital solutions including application services, cloud infrastructure, engineering services, data analytics, and business process services. Revenue generated through project-based engagements and long-term managed services contracts with global enterprises.
- Managed Services: Ongoing managed services including infrastructure management, application management, and business process outsourcing. Typically structured as multi-year contracts with recurring revenue.
- Digital Transformation Projects: Consulting-led transformation services for digital process automation, AI implementation, and enterprise modernization. Revenue recognized through project milestones.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Multi-year contract | Enterprise-level custom pricing based on scope and requirements |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels5 records
Tech Mahindra product offering
Product offeringCore offering
Tech Mahindra is a global IT services and consulting company that delivers digital transformation, application services, cloud infrastructure, network services, cybersecurity, engineering services, data analytics, AI/ML, and business process services to enterprise clients. It also offers proprietary platforms such as the TechM Orion agentic AI platform, the TechM Orion Marketplace, the Project Indus Hindi-first LLM, and the SmartVirtual CX platform. The company serves 1,100+ enterprise clients across 14 industries with 149,000+ professionals operating from 90+ countries.
Product overview
Tech Mahindra offers a portfolio of AI-powered platforms and services organized around its Scale at Speed promise. Core platforms include TechM Orion (enterprise agentic AI platform) and TechM Orion Marketplace (AI agent marketplace), which together provide end-to-end AI lifecycle management from agent creation through deployment and monitoring. Project Indus delivers sovereign Hindi-first LLM capabilities for educational and vertical-specific applications. The company provides specialized services including Agentic Development and Modernization Services (autonomous QA for DevOps), AI-Driven Autonomous Network Operations for telecom CSPs, and Agentic Payment Assistance. Supporting these are innovation unit Makers Lab, NXT.NOW transformation framework, SmartVirtual CX platform, and Global Capability Centers. The portfolio spans AI/ML, cloud infrastructure, digital enterprise applications, engineering services, and business process services across 14 industries.
Differentiator
Problem solved
Functional benefit
Brands
- Project Indus: India's own large language model initiative for Indic languages, starting with Hindi and 37+ dialects
- TechM Orion
- TechM Orion Marketplace
- Makers Lab
- NXT.NOW
- RISE
- Scale at Speed
Products and services
- TechM Orion
- TechM Orion Marketplace
Quantifiable outcome
- Q4-FY26 EBIT of Rs 7,152 crore, up 39.2% YoY
- +7 more outcomes
Companies that use Tech Mahindra
Customer profileNamed customers14 records
Segments8 records
Ideal customer profiles3 records
Tech Mahindra technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration5 records
AI capability12 records
Feature6 records
Tech Mahindra partnerships and signals
Strategic signalPartnerships
14 partnerships are on record, tiered core, strategic and minor.
- Telefónica GermanycoreMulti-year partnership to build a next-generation private cloud platform and Platform-as-a-Service offering. The platform will support telecom and enterprise workloads in Germany, providing compute, storage, backup, containers, GPUs, and ransomware protection services. Combines Tech Mahindra's platform engineering and AI-first operations with Telefónica Germany's infrastructure modernization objectives.
- ViamstrategicPartnership to provide enterprise clients with access to Viam's platform for managing and maintaining robotic fleets at scale. Tech Mahindra plans to expand its dedicated robotics and automation practice and train cohorts of engineers on the Viam platform. Addresses enterprise challenges around fragmented software ecosystems, integration complexities, and real-time fleet visibility.
- NVIDIAcoreCollaboration to introduce industry-first AI-powered Telco Network Operations Reasoning Agent. Solution delivered through Tech Mahindra's Orion platform, combining AI engineering with NVIDIA AI Enterprise software. Provided 2-3x improvement in accuracy compared with non-fine-tuned model.
- University College London (UCL)strategicCollaboration for joint research and solution development in Generative AI and quantum computing. Focus areas include world models, domain-specific Small Language Models, quantum machine learning, quantum security, and industry-specific AI use cases. Engagement driven by Tech Mahindra's Makers Lab and joint research teams from UCL.
- NVIDIAcoreCollaboration for Project Indus Education LLM powered by NVIDIA. Uses NVIDIA NeMo framework and deployment through NVIDIA NIM microservices. Developed using advanced AI frameworks with 8-billion-parameter architecture. Employed innovative techniques including generating half a billion synthetic tokens with NVIDIA NeMo Data Designer.
- SynaXGstrategicMoU to jointly accelerate development and deployment of AI-native, software-defined, and energy-efficient wireless network solutions. Collaboration brings together SynaXG's advanced RAN software stack and AI-RAN intelligence platform with Tech Mahindra's digital transformation expertise and multi-vendor network capabilities.
- MicrosoftcoreCollaboration to launch Ontology-Driven Agentic AI Platform. Strategic partnership for enterprise AI solutions.
- CiscostrategicPartnership to launch Cyber Resilience Fabric - comprehensive cybersecurity solution for enterprises.
- RubrikstrategicPartnership to deliver AI-powered Cyber Recovery as a Service solutions.
- FortinetstrategicPartnership to deliver managed SASE (Secure Access Service Edge) solutions for secured digital transformation.
- Google CloudcoreNamed Google Cloud Partner of the Year 2026. Collaborative go-to-market for cloud transformation solutions.
- SCSK APminorPartnership to drive global growth in Computer-Aided Engineering solutions.
- FICOstrategicPartnership to accelerate AI-driven decisioning for banking sector.
- Jaipur Literature FestivalminorPartnership to launch Tech Mahindra Global India Book Prize, recognizing outstanding books that advance global understanding of India.
Scale indicators15 records
Recent moves6 records
Expansion highlights6 records
Tech Mahindra competitors and assessment
Company assessmentDirect peers
- LTIMindtree: Indian IT services peer with comparable BFSI and high-tech vertical exposure; competes for similar transformation and managed services deals.
- Persistent Systems: Mid-sized Indian IT services peer increasingly competing in AI-led digital transformation with similar hyperscaler partnership strategy and BFSI/telecom vertical exposure.
- Infosys: Direct Indian IT services peer with comparable scale, AI platform strategy (Topaz), and overlapping enterprise customer base across BFSI, retail, telecom, and manufacturing verticals.
- Tata Consultancy Services (TCS): Largest Indian IT services firm with similar digital transformation, AI/GenAI, and consulting offerings; competes head-to-head for the same enterprise clients globally.
- Wipro: Indian IT services peer with comparable consulting-led digital transformation practice (Wipro ai360) and similar BFSI/telecom vertical exposure.
- HCL Technologies: Direct Indian IT services peer competing on engineering services, cloud, and AI offerings with overlapping telecom and BFSI client base.
- Accenture: Global consulting and IT services leader with extensive GenAI/agentic AI practice; directly competes for large transformation deals with TM's enterprise customers.
- Cognizant: IT services peer with similar BFSI/communications vertical focus and digital transformation offerings; comparable mid-to-large enterprise delivery model.
- Capgemini: Global IT services and consulting peer with comparable AI/data offerings and similar enterprise transformation engagements, especially in Europe where TM is growing.
Broad incumbents
- IBM Consulting: Broad incumbent with hybrid cloud, AI (watsonx), and consulting offerings that overlap TM's enterprise transformation practice as part of a much larger portfolio.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks5 records
Key highlights6 records
Customer concentration
Tech Mahindra social profiles
Digital presenceTech Mahindra compliance and trust
Trust signalCompliance3 records
Tech Mahindra financial estimates
Financial estimateRevenue estimate
Valuation estimate
Tech Mahindra leadership team
Management profileNumber of profiles
Profiles5 records
Tech Mahindra subsidiaries and ownership
Company hierarchySubsidiaries6 records
Tech Mahindra funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Tech Mahindra M&A and investment
M&A and investmentM&A31 records
Investments6 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Tech Mahindra
What does Tech Mahindra do?
Tech Mahindra is a global IT services and consulting company that delivers digital transformation, application services, cloud infrastructure, network services, cybersecurity, engineering services, data analytics, AI/ML, and business process services to enterprise clients. It also offers proprietary platforms such as the TechM Orion agentic AI platform, the TechM Orion Marketplace, the Project Indus Hindi-first LLM, and the SmartVirtual CX platform. The company serves 1,100+ enterprise clients across 14 industries with 149,000+ professionals operating from 90+ countries.
Is Tech Mahindra a public or private company?
Tech Mahindra is a public company. It is classified as public and is currently operating.
When was Tech Mahindra founded?
Tech Mahindra was founded in 1986. It employs 5,001 to 10,000 people.
Where is Tech Mahindra based?
Tech Mahindra is headquartered in Mumbai, India, in the Asia region.
How does Tech Mahindra make money?
Three revenue lines are on record. IT Services and Consulting is the primary driver. The others are managed Services and digital Transformation Projects.
Who are Tech Mahindra's main competitors?
Direct peers on record are LTIMindtree, Persistent Systems, Infosys, Tata Consultancy Services (TCS), Wipro, HCL Technologies, Accenture, Cognizant and Capgemini. IBM Consulting is listed as a broad incumbent.
Does Tech Mahindra have an API?
No public API is recorded for Tech Mahindra.
What industry is Tech Mahindra in?
Tech Mahindra's product category is IT Services and Consulting. Its primary akta.pro industry code is BPAHAEAL, Emerging Tech (IoT, Blockchain, AR/VR, Edge) Consulting, with a secondary code of HDAEANAD, LLMOps & Generative AI Platforms (Prompt/Agent Orchestration, RAG). Its NAICS code is 54151 and its SIC code is 7371.