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Our deal pipeline at present is the best in last few years: Tech Mahindra

The company's MD & CEO C P Gurnani and president (BFSI, HLS and corporate development) Vivek Agarwal talk to Shivani Shinde on the business momentum and M&A pace

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Tech Mahindra | Indian companies | IT companies

Shivani Shinde  |  Mumbai 



C P Gurnani, tech mahindra
Tech Mahindra MD & CEO C P Gurnani

signed $1 billion worth of total contract value (TCV) in the quarter ended March 31, 2021. C P Gurnani, managing director & chief executive officer, and Vivek Agarwal, president — BFSI, HLS and corporate development, in an interview with Shivani Shinde, talk on the business momentum and M&A pace. Edited excerpts:

Q4 has seen TCV of $1 billion being signed. Do you think you can see a similar mom­entum, going ahead?

Gurnani: This quarter was very well balanced when it comes to growth. The deal momentum should continue for the next four quarters. Overall, the deal pipeline is the best I have seen in the last few years. I think we will be able to do a double-digit growth for FY22. The telecom business is benefiting from digital transformation and 5G roll out. And, the enterprise business is seeing demand for Cloud, cybe­rsecurity, and human experience management as well as customer experience management. The shift fr­om legacy to digital is at the he­art of whatever we are doi­ng, and Cl­o­ud, AI and cybersecurity are clear tech drivers.

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First Published: Mon, April 26 2021. 22:44 IST

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