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Tech Mahindra launches global crowdsourcing platform 'Populii'
IndianStartupNews
ยท
1y ago
Medial
Indian consulting and digital transformation company, Tech Mahindra, has launched a new crowdsourcing platform called Populii. The platform aims to connect gig workers with major organizations for micro jobs, particularly in human-in-the-loop services. Populii will provide flexible work opportunities for the gig economy and assist businesses in developing competitive AI algorithms with data from trained professionals. It will offer opportunities in data management, microtasks, and user studies, enabling enterprises to create advanced machine-learning models. The platform operates on the principles of Advise, Annotate, and Acquire and is built on Tech Mahindra's DataMime foundation.
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Tech Mahindra, Finastra partner to help banks digitalise operations
YourStory
ยท
1y ago
Medial
IT company Tech Mahindra has partnered with fintech firm Finastra to aid banks in accelerating their digital transformation. The collaboration aims to provide modern platforms to corporate and institutional banks, helping them streamline and digitalise their operations. Tech Mahindra will become Finastra's exclusive global implementation partner for its cash management platform, as well as the preferred partner for its trade innovation and corporate channels solutions in the USA, Canada, and Europe. The partnership aims to revolutionize the way banks digitize their processes and improve profit margins.
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Bhavish Aggarwal-Led Krutrim AI Launches Its Android App
Inc42
ยท
1y ago
Medial
Indian AI startup Krutrim AI has released an Android app for its AI chatbot, making it available on the Play Store since 2 May. The company says the app will provide writing assistance and information gathering, supporting multiple languages and being tailored for the Indian market. Krutrim AI is aiming to build a platform for Indian developers to create global apps, and has launched its AI cloud infrastructure and public stack. The company competes with other Indian players including CoRover.ai, Soket Labs' Pragna, Project Indus, backed by Tech Mahindra and Sarvam AI, supported by Lightspeed, as it looks to become a key player in the country's expected $17bn generative AI market by 2030.
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Mahindra sharpens focus on scalable growth businesses
Economic Times
ยท
1m ago
Medial
The Mahindra Group is refining its growth strategy to focus on high-potential businesses poised for significant returns over five years, amid India's emerging role as a global supply chain alternative to China. The group is investing in electric vehicles, renewable energy, and financial services. It aims to scale operations, enhance profitability, and pursue disciplined execution, viewing the current global economic shifts as opportunities for growth. The strategy includes expanding Mahindra Holidays' property base and adapting Tech Mahindra for profit-led growth.
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How India's IT giants are earning smarter
Livemint
ยท
1m ago
Medial
Three of India's top five IT companiesโTCS, Infosys, and HCLTechโhave increased revenue per employee in FY25 due to reduced hiring, increased automation, and boosted third-party software license sales, despite global economic challenges. TCS reported $49,902 per employee, Infosys $60,164, and HCLTech $61,388, with incremental rises since FY22. Conversely, Wipro and Tech Mahindra experienced declines, with Wipro dropping to $45,118 and Tech Mahindra to $42,585 per employee.
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Tech Mahindra extends partnership with Google Cloud to boost AI adoption for enterprises
YourStory
ยท
4m ago
Medial
Tech Mahindra has expanded its partnership with Google Cloud to accelerate global AI adoption for enterprises. This collaboration aims to modernize infrastructure, optimize AI cloud solutions, and develop industry-specific solutions using Google Cloud's AI capabilities. Focusing on sectors like healthcare, automotive, and retail, the partnership enhances operational efficiency and growth opportunities. Tech Mahindra is investing in talent and has dedicated Google Cloud-focused delivery centers. The partnership promises robust managed services and AI development support.
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Winzo launches Bharat Tech Triumph to facilitate export of Made in India games
Economic Times
ยท
1y ago
Medial
Indian gaming platform Winzo has launched a program called 'Bharat Tech Triumph' to boost the global export of culturally relevant games and related technology. The initiative aims to support homegrown startups by providing resources such as a global platform, access to foreign direct investment, and collaboration opportunities. Winzo will also offer research support in deep tech for social gaming and cybersecurity, along with access to computing services and real-time game engines. The program will culminate in select companies being part of the first-ever India Pavilion at the Game Developers' Conference in San Francisco in March 2024.
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Tech Mahindra, Pegatron sign MoU to develop private 5G solutions for enterprises
Economic Times
ยท
1y ago
Medial
Tech Mahindra announced a partnership with Pegatron to develop private 5G solutions for global enterprises. The collaboration aims to provide end-to-end 5G for Enterprise (5G4E) solutions, leveraging Pegatron's 5G product portfolio and Tech Mahindra's expertise in large-scale 5G transformations. The partnership will focus on areas such as disaster response and communication in remote areas, using 5G Radio Access Network and satellite communication technology. Driven by AI-led use-cases, the collaboration aims to bring value to customers and optimize their investments. Tech Mahindra is already a long-standing partner for Pegatron, providing device engineering services.
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Former TCS CMO Rajashree R joins Tech Mahindra
Economic Times
ยท
1y ago
Medial
Former TCS CMO, Rajashree R, has joined Tech Mahindra. She brings with her a wealth of experience in the technology industry, having worked with leading organizations like TCS and Cisco. Rajashree will be responsible for driving Tech Mahindra's marketing initiatives and helping the company expand its presence in the global market. Her expertise will be instrumental in shaping the company's marketing strategies and strengthening its brand positioning.
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Hyundai hoping to regain market share in India as auto majorโs $3 billion IPO looms, lines up SUV launches & more | Mint
Livemint
ยท
11m ago
Medial
Hyundai Motor plans to launch a series of new SUVs in India as part of its strategy to regain market share from domestic rivals. The automaker, which is gearing up for a $3 billion public listing in the country, will begin with the launch of its first India-made electric vehicle early next year, followed by two gasoline-powered models. Hyundai's market share in India has declined to 14.6% from 17.5% four years ago, as competition from domestic manufacturers such as Tata Motors and Mahindra & Mahindra has increased. Hyundai aims to boost global sales by 30% by 2030.
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Tech Mahindra to merge US-based subsidy Born with parent Tech Mahindra (Americas)
Livemint
ยท
1y ago
Medial
Indian IT services and consultation firm Tech Mahindra has announced the merger of its subsidiary, Born Group, with its parent company, Tech Mahindra (Americas). The move aims to streamline operations, reduce costs, and mitigate compliance risks. Born Group specializes in brand strategy and design, while Tech Mahindra (Americas) provides computer consulting and IT management services. The merger does not involve cash consideration or issuance of new shares and will not affect the shareholding pattern. The merger is subject to regulatory approvals and is set to take effect on April 1, 2024.
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