Acquisition

Tech Mahindra's subsidiary is acquiring Brazil-based Alyis Serviços Técnicos LTDA for approximately **Rs 2.21 Cr** (BRL 1.2mn) for a **100% stake**. This strategic acquisition strengthens Tech Mahindra's footprint in the LATAM region, specifically to provide seamless IT services and support for Orange Business customers, aligning with an existing partnership.

Alyis, employing 270 people, focuses on IT services for the telecom sector, enhancing Tech Mahindra's global delivery capabilities and client support.