Tech Mahindra NxT to power start - ups in Israel to drive global innovation

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Engage 20 start ups in next 12 months with its global client base



New Delhi, 15th January, 2018: Tech Mahindra, a specialist in digital transformation, consulting and business re-engineering, today announced the launch of Tech Mahindra NxT in Israel, on the sidelines of the Israeli Prime Minister, Benjamin Netanyahu’s visit to India.

Tel Aviv, Israel’s financial and technological hub will be the nerve center for ‘Tech Mahindra NxT’ program with focus on:

  • Creating collaborative solutions across cyber security, mobility, artificial intelligence, fintech & data analytics
  • Mentoring and help accelerate growth for start-ups by availing ready infrastructure & market know how
  • Currently Tech Mahindra NxT is active in Silicon Valley, California with active collaborations with nine innovative and disruptive start- ups

Speaking of the program that is facilitating client solutions globally with speed and agility, C. P. Gurnani, Chief Executive Officer & Managing Director, Tech Mahindra said, “We are truly thankful to Dr. Ami Appelbaum, for having spearheaded innovation from the forefront and for his presence while we roll out ‘Tech Mahindra NxT’ in Israel. Tech Mahindra NxT is all about accelerating growth strategy with start-up collaboration thereby supercharging innovation and cultural transformation. The program will be a flagship one for us globally and we are confident of great results”.

Present at the announcement were Dr. Amiram Appelbaum, Chief Scientist at the Ministry of Economy and Industry, Chairman of the Israel Innovation Authority & CP Gurnani, CEO & MD, Tech Mahindra.

Set for roll out in February, 2018, with Tel Aviv as the nerve center, the strategic program will look to engage with 20 Israeli start-ups in first year of operations

Tech Mahindra NxT in U. S. A.

Currently Tech Mahindra NxT is active in Silicon Valley California with active collaborations with nine innovative and disruptive start-ups engaged with more than 20 global customers. Through Tech Mahindra NxT program, its customers are connected to relevant technology innovators to help meet digital transformation objectives. And in turn, startup partners have access to compelling opportunities and growth with Tech Mahindra’s global client base.

Tech Mahindra has set up 3 Centres of Excellence on Cybersecurity, AI and Supply Chain IOT – based on start-up partner technology. Tech Mahindra also has a partnership with the University of California, Berkeley on Open Innovation.

For Further Queries:

Tech Mahindra

Tuhina Pandey Global Media Relations & PR Email: media.relations@techmahindra.com, Tuhina.Pandey@TechMahindra.com

Text100 Global Communications

Sneha Singh Email: Sneha.singh@Text100.co.in Tel: +91-9971568911

Disclaimer

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.

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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 4.6 billion company with 117,200+ professionals across 90 countries, helping over 885 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 (Forbes 2016 list).

We are part of the USD 19 billion Mahindra Group that employs more than 200,000 people in over 100 countries. The Group operates in the key industries that drive economic growth, enjoying a leadership position in tractors, utility vehicles, after-market, information technology and vacation ownership.

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