Mahindra group is investing in the future of mobility with intentions to play a pioneering role in the development of driverless tractors and commercial vehicles, its Chairman Anand Mahindra today said. Amid speculations in the world whether conventional auto companies will survive in a transformed environment, he said the buzz about the future of mobility […]
Mahindra Partners, an entity of USD 900 million Mahindra groups private equity arm, today announced closing of a new round of funding in Scoot Networks, an urban mobility solutions provider based in San Francisco. With this deal, Mahindra Partners has now joined other investors including Vision Ridge Capital. This financing round closes simultaneously with Scoots significant […]
Britain’s exit from the European Union will have a muted impact on the over USD 17 billion Mahindra Group, but the event highlights the importance of sound risk management for the corporate world, the Group said today. The farm equipment to aerospace group, which has presence in the UK mostly in the IT and auto […]
Tech Mahindra Ltd., a specialist in digital transformation, consulting and business re-engineering, has agreed to enter into an agreement to acquire Target Group, one of the leading processing platform companies in the UK. The transaction is expected to close in Q2 FY17, subject to the receipt of regulatory approvals. The acquisition strengthens Tech Mahindra’s BFSI […]
IT firm Tech Mahindra today said it will not pursue its plans to set up payments bank operations in the country, becoming the third player to pull out from the race. “With reference to the earlier communication dated August 20, 2015, about the in-principle approval granted by RBI for setting up a payments bank, Board […]
Anand Mahindra, Chairman of Mahindra Group has invested into India’s largest digital storytelling platform for women SheThePeople.TV, founded by award winning journalist Shaili Chopra. Mr Mahindra has invested in his private capacity in the video platform, which is building a much-needed digital media space and ecosystem for women achievers and is dedicated to championing and […]
Mahindra Group Chairman Anand Mahindra today said energy levels of Indians make him believe there will be a “virtual explosion” in entrepreneurship going forward. “If I use the adjective explosion, we will not be hyping it up…we have amongst the highest energy levels both in quality and quantity anywhere in the world. I see a […]
MUMBAI: In a first for a corporate entity, Tech Mahindra is all set to create a ‘startup garage’ for its in-house entrepreneurs. “Within our set-up, we have a number of companies that is working already. But we are about to launch a garage soon …ours will be the first corporate garage for the startups,” TechM […]
After years of development, Mahindra has launched GenZe 2.0 at CES 2016. GenZe 2.0 is world’s first cloud-connected E-Scooter. We’ve been hard at work developing the GenZe 2.0, and turning this dream into a reality. Our team has buckled down to introduce the world to a viable solution to the congested commuting climate that has become standard in the […]
Do you know the success story behind India’s first beauty product based Unicorn startup Nykaa? If not then read our coverage here.
Indian government Aarogya Setu app, developed for tracking Coronavirus patients becomes the world’s fastest app to reach 50 million downloads.
Mahindra group has signed a share purchase agreement to buy an additional 13 percent shares of MITRA Agro Equipments Pvt Ltd.