# Tech Mahindra: portfolio, investments and team

> Tech Mahindra is a vc firm based in India. 4 investments on record, latest May 2019. Portfolio, stages, co-investors and team.

Source: https://millionrounds.com/fund/tech-mahindra (Millionrounds; every figure on the page links to its filing or article)

India · [Investor](https://millionrounds.com/investors)

# Tech Mahindra

Last cheque observed May 2019. Silence since then is not evidence of inactivity: our sources miss unannounced rounds.

Quiet VC firm

Series A Series C

Cheques on record

**0%** of best year **0** **cheques in 12 months**, 4 on record

Since the last cheque **2728** days **00** hrs **00** min **00** sec

Median round **$16M** Rounds led **0 of 4** Sole investor **2 rounds**

Pitch Tech Mahindra

## Tech Mahindra highlights

- 01 4 rounds on record
- 02 Mostly Series A and Series C: 100% of its rounds
- 03 Sole investor in 2 rounds, median $6.8M

## What they do

- **Type:** VC firm (from a list, unverified)
- **Cheque size:** Not stated
- **Based in:** Hyderabad, India
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **4 appearances**

- **2019** 2 rounds
- **May** **[Altiostar](https://millionrounds.com/company/altiostar)** Series C · US · FinSMEs **$114M** With 2 others
- **Mar** **[Ryff](https://millionrounds.com/company/ryff)** US · VentureBeat **$3.6M** Sole investor
- **2018** 1 round
- **Jun** **[TradeIX](https://millionrounds.com/company/tradeix)** Series A · GB · Ing **$16M** With 2 others
- **2014** 1 round
- **Jun** **[Fixstream Networks Inc](https://millionrounds.com/company/fixstream-networks-inc)** Series A · US **$10M** Sole investor

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

## The team

We hold **45** people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.

## What they claim to have backed

From their own portfolio page (on their website)

**2** of 10 we have independently watched raise

[comviva](https://millionrounds.com/company/comviva)[hci](https://millionrounds.com/company/hci) Born Logo BORN Perigord allyis altavec ctc pininfarina target tenzing

Weaker than a round we watched, stronger than a list somebody sold us. A firm is far less willing to put a company on its own site that it never funded.

## Companies it bought

Acquisitions by the firm itself

**SOFGEN** **Undisclosed** Jan 2015

**Lightbridge Communications Corporation** **$240M** Nov 2014

## The cheque

Series A Series C

Median round joined **$16M** the round, not its cheque Alone, median **$6.8M**

Led 0 of 4 rounds **0%**

- **Sole investor:** 2 rounds
- **Last cheque:** May 2019

Rounds by stage said on their site

- Series A *2*
- Series C *1*

Cheques by year Led Joined

2014 2019

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## Recently backed

The latest companies Tech Mahindra put money into.

[**Ryff** $3.6M · Mar 2019](https://millionrounds.com/company/ryff)

## On podcasts

2 episodes naming Tech Mahindra in the title, and 1 more that mention it.

- [The Healthtech Podcast](https://millionrounds.com/podcasts/healthtech-podcast) 14 Apr 2022 · 45 min #264 The Story of Tech Mahindra with Chief Innovation Officer Nikhil Malhotra Mentions [Tech Mahindra](https://millionrounds.com/fund/tech-mahindra) Apple PodcastsShow page
- [Prime Venture Partners Podcast](https://millionrounds.com/podcasts/prime-venture-partners) 12 Mar 2020 · 27 min 17: Padma Parthasarathy, SVP and Global Head, Consulting and Digital Services at Tech Mahindra Mentions [Tech Mahindra](https://millionrounds.com/fund/tech-mahindra) Apple PodcastsShow page

### Mentioned in

- [Prime Venture Partners Podcast](https://millionrounds.com/podcasts/prime-venture-partners) 12 Nov 2020 · 38 min Special Episode: SaaS, Platforms, Fintech, Growth, Branding and more Apple PodcastsShow page

## Quick answers about Tech Mahindra

### What does Tech Mahindra invest in?

Tech Mahindra invests most often at Series A and Series C (100% of the rounds on record).

### How active is Tech Mahindra?

4 investments on record, 0 of them in the last 12 months. The most recent was in May 2019.

### What has Tech Mahindra invested in recently?

Its most recent investments on record: Altiostar (Series C, May 2019), Ryff (Undisclosed round, Mar 2019) and TradeIX (Series A, Jun 2018).

### How big are Tech Mahindra's cheques?

The median round it joins is $16M.

### Is Tech Mahindra investing now?

No investments in the last 12 months; the latest was in May 2019.

### What kind of investor is Tech Mahindra?

Tech Mahindra is a VC firm based in Hyderabad, India.

### When was Tech Mahindra founded?

Tech Mahindra was founded in 1990.

### Where does this information on Tech Mahindra come from?

From 3 articles and filings naming it in a round, public registers and its own website, checked and rebuilt every night.

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Built from the rounds we watched, its filings and its own website, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections?slug=tech-mahindra) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=tech-mahindra)
