Tech Mahindra expects to spin-off three of its internal startups in the next 18 months, a move that will shine a much-needed light on the value IT companies derive from investments in employee ideas. For over the last five years, TechM has been building companies internally. Now, three of them ar…
Tag: Tech Mahindra
Tech Mahindra to launch startup garage for in-house entrepreneurs
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 ga…
Tech Mahindra’s in-house startups may raise external funds
Tech Mahindra, the IT arm of Mahindra Group, expects two of its in-house startups to raise external funds by the end of 2016 as part of its plans to turn these entities into standalone companies. “Saral Rozgar and Microgrid could raise external money by the end of this year. We have seen so…