Mahindra Comviva eyes two-fold growth in business in 3 yrs

Mobility solutions provider Mahindra Comviva today said it expects to see a two-fold growth in business in the next three years on the back of strategic partnerships and acquisitions in India and abroad.
At present, India contributes 20 per cent to the company's overall revenue.
To achieve the next growth phase, Mahindra Comviva has invested in a mobile-first, data-enabled and contextually relevant, end-to-end solutions strategy, the company said in a statement.
"Towards this end, it aims to strengthen its R&D and operational support of technologies in mobile financial services, big-data analytics, omni-channel experience, enterprise messaging and digital services," it added.

The company has also identified growth through the strategic partnerships and acquisitions route as key to its strategy in India and abroad, it said.
"The mobility solutions space in India is set to witness a significant growth with the ongoing digital revolution led by the increasing penetration of smartphones and last-mile network connectivity. Our focus is to enhance the end-user's mobile experience and improve partners' business performance through our innovative solutions," Mahindra Comviva CEO Manoranjan Mohapatra said.

With its vast industry experience and technology capabilities, the company is in an enviable position to predict the future demand and customer expectations and build readiness to address future business requirements, he added.

Following up with its focus on digital transformation, the company has been able to strike new deals with major operators in South East Asia, Latin America, Africa and the Middle-East.
Operating in India for over 15 years now, Mahindra Comviva works with major telecom operators and banks here.