News

Tech Mahindra buys US-based Allyis India, Green Investments for $125M

Tech Mahindra on Friday said it 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 $125 million. The acquisition is expected to bolster Tech Mahindra’s capabilities in digital experience solutions – learning and development, marketing, instructional design; and engineering – cloud and automation, analytics, and technical support services.

More News

Previous Article

Roll-out of 5G technology to drive mobile gaming in India in 2022

January 6, 2022

With cutting-edge technologies now available in smartphones, the mobile gaming industry is among the fastest booming segments in India. The whole scenario is set to witness a sea change with the roll out of 5G technology in smartphones which are already 5G-enabled. India is currently home to over 430 million mobile gamers and the number is estimated to grow to 650 million by 2025, according to latest data provided by the Internet and Mobile Association of India (IAMAI).

CDPI Emerging Markets
Featured Article

Three-Quarters of Companies See AI/ML As Important Revenue Drivers: SambaNova Report

January 24, 2022

Do you miss those innocent days when every product announcement breathlessly reported the new system or feature was “AI-based”? If so, here’s a whiff of remembrance from AI infrastructure provider SambaNova Systems, who found that 78% of large companies rate AI and Machine Learning as important revenue drivers. Yet even they have a curiously mixed attitude, citing (in their press release) a NewVantage Partners study that found only a quarter of top companies have scaled AI/ML across their organization.

CDPI Newsletter