Tech Mahindra has approved a proposal for the acquisition of a 100 per cent stake in Allyis India and Green Investments, for a total consideration of up to USD 125 million. The acquisition will bolster Tech Mahindra’s capabilities in Digital Experience Solutions, Learning & Development, Marketing, Instructional Design; Engineering: Cloud & Automation, BI & Analytics, Technical support services.
Buy Prime Test Series for all Banking, SSC, Insurance & other exams
Tech Mahindra will pay total consideration of up to $125 million, including employment-related and performance-related earnouts, as per a regulatory update filed with the exchanges. Allyis India Pvt Ltd and Green Investments LLC offer technology consulting and managed services for organisations to help reduce costs, improve performance, and meet their objectives. Allyis India Pvt Ltd was incorporated in 2018 whole Green Investments LLC was incorporated in 2013.
Important takeaways for all competitive exams:
Many cities in Europe are known for their beauty, history and culture. However, one city…
Tripura, a beautiful state in northeastern India, has a growing railway network that connects it…
The Union Cabinet on 12th December, 2025 has approved a major update to India’s largest…
There is a beautiful hill station in the Kumaon region of Uttarakhand, India, known for…
Some countries are famous for their mountains, deserts or forests, while others are known for…
The Union Cabinet Committee on Economic Affairs has approved a major new policy called CoalSETU…