Tech mahindra
Tech mahindra

Tech Mahindra acquires leading Digital Change Agents®: The BIO Agency

Move augments Tech Mahindra’s Digital Portfolio –

Digital Strategy, Service Design & Customer Experience: enabling the journey from

 digital scale to digital experience

Move to scale BIO’s offering, people, proprietary thinking and global business,

especially in Europe and the US

Acquisition of Bio Agency

London / Hyderabad, June 22, 2016 - Tech Mahindra Limited, a leading provider of IT, Networks & Engineering solutions and BPO services announced the acquisition of The BIO Agency (BIO), headquartered in the UK. The BIO Agency specialises in digital transformation and innovation, helping organisations change the way they engage with their customers.  

Ranked as leaders in their field, The BIO Agency Team helps businesses change in the new customer centric digital world. Their “innovation and strategy first” approach, plus experienced frameworks and delivery processes create true differentiation for their clients. The BIO Agency services brands across Financial Services, Retail, Property, Travel, and Technology sectors and the acquisition will help them make sizeable inroads into the Fortune 100 / 500 Telecommunications and Enterprise clients of Tech Mahindra.

The Digital Synergy

Tech Mahindra

Tech Mahindra has embraced the future with its focus on Digital and sees this as an important strategic move. The acquisition will further strengthen and enable the Company to engage with its clients at the start of the journey and more importantly, help design the customer experience for their businesses.

CP Gurnani, MD & CEO, Tech Mahindra said “The BIO Agency and Tech Mahindra will create one of the world’s leading innovation practices. A combination of BIO’s visionary thinking and delivery with Tech Mahindra’s IT to DT (Digital Transformation) strategy will enable and create digital services, that get industries ready beyond just technology transformation, but a larger integrated customer experience”.

The BIO Agency

The acquisition will open up more clients for BIO globally (especially in Europe and the US), scaling their offerings and enabling new services and deeper Digital Change. This will significantly help enhance BIO’s offering both in people, turnover and market impact. BIO will continue to further invest into its people and its propriety thinking.

Peter Veash, CEO: The BIO Agency said “We are looking forward to the next stage of BIO’s journey. With a partner like Tech Mahindra, we plan to further scale our offering continuing to help clients change the way they engage with their customers. I am thrilled by the new possibilities of what our two companies will do together”.

About The BIO Agency

The BIO Agency specialises in digital transformation and innovation, helping organisations change the way they engage with their customers. Ranking as leaders in their field, The BIO Agency’s team help businesses change in the new customer centric digital world. The BIO Agency’s innovation and strategy first approach, plus experience frameworks and delivery processes create true differentiation for its clients. The BIO Agency works across sector and industry currently helping brands in Financial Services, Retail, Property Sector, Travel, and Technology.

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Certain statements in this release concerning the future prospects of Tech Mahindra Limited (“the Company” or “TechM”) are forward-looking statements. These statements by their nature involve risks and uncertainties that could cause Company’s actual results differ materially from such forward looking statements. The Company, from time to time, makes written and oral forward-looking statements based on information available with the management of the Company and the Company does not undertake to update any forward-looking statement that may be made from time to time by or on behalf of the Company.


Tech Mahindra represents the connected world, offering innovative and customer-centric information technology experiences, enabling Enterprises, Associates and the Society to Rise™. We are a USD 4.4 billion company with 117,600+ professionals across 90 countries, helping over 840 global customers including Fortune 500 companies. Our convergent, digital, design experiences, innovation platforms and reusable assets connect across a number of technologies to deliver tangible business value and experiences to our stakeholders. Tech Mahindra is amongst the Fab 50 companies in Asia as per Forbes 2016 list.

The Mahindra Group is a USD 19 billion federation of companies that enables people to rise through innovative mobility solutions, driving rural prosperity, enhancing urban living, nurturing new businesses and fostering communities. It has a leadership position in utility vehicles, information technology, financial services and vacation ownership in India and is the world’s largest tractor company, by volume. It also enjoys a strong presence in agribusiness, components, commercial vehicles, consulting services, energy, industrial equipment, logistics, real estate, steel, aerospace, defence and two wheelers. Headquartered in India, Mahindra employs over 200,000 people across 100 countries.


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