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History

Tech Mahindra was incorporated as a joint venture between Mahindra & Mahindra and BT plc in 1986 under the name of ‘Mahindra-British Telecom’. Later, the name was changed to ‘Tech Mahindra’, in order to reflect the diversification and growth of the client base and the increased breadth of our service offerings.

Milestones

Key events in our history:

1986 - Incorporation in India
1987 - Commencement of Business
1993 - Incorporation of MBT International Inc., the first overseas subsidiary
1994 – Awarded the ISO 9001 certification by BVQI
1995 – Established the UK branch office
2001 - Incorporated MBT GmbH, Germany incorporated
- Re-certified to ISO 9001:1994 by BVQI
2002 - Assessed at Level 5 of SEI CMM by KPMG
- Incorporated MBT Software Technologies Pte. Limited, Singapore
2003 - Re-certified to ISO 9001:2000 by RWTUV
2005 - Certified to BS 7799-2:2002 (Information Security Management Framework) by RWTUV now known as TUV Nord
- Acquired Axes Technologies (India) Private Limited, including its US and Singapore subsidiaries
- Assessed at Level 5 of SEI CMMI by KPMG
2006 - Name changed to Tech Mahindra Limited
- Assessed at Level 5 of SEI People-CMM (P-CMM) by QAI India
- Raised Rs4.65 billion ($100 million) from a hugely successful IPO to build a new facility in Pune, to house about 9,000 staff.
- Formed a JV with Motorola Inc. under the name CanvasM
2007 – Acquired iPolicy Networks Private Limited
- Launched the Tech Mahindra Foundation to address the needs of the underprivileged in our society, especially children

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