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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
2009 With Satyam acquisition, Tech Mahindra is well positioned to be a leader in the broader IT services space, serving a wide array of industry verticals like banking and financial services, manufacturing, energy and utilities in addition to telecom
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