Tech Mahindra rises on partnering with Airtm
Tech Mahindra is currently trading at Rs. 1682.55, up by 6.70 points or 0.40% from its previous closing of Rs. 1675.85 on the BSE.
The scrip opened at Rs. 1678.00 and has touched a high and low of Rs. 1693.15 and Rs. 1678.00 respectively. So far 759 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 1807.40 on 12-Dec-2024 and a 52 week low of Rs. 1163.70 on 19-Apr-2024.
Last one week high and low of the scrip stood at Rs. 1709.55 and Rs. 1641.30 respectively. The current market cap of the company is Rs. 165731.55 crore.
The promoters holding in the company stood at 35.01%, while Institutions and Non-Institutions held 55.01% and 9.99% respectively.
Tech Mahindra has entered into partnership with Airtm, the leading digital payment platform. This partnership will enhance payment capabilities and access to top global talent for the Populii community, the company’s crowdsourcing platform that connects enterprises with a skilled workforce for high-value, human-in-the-loop tasks. Airtm has earned its reputation as a trusted partner for businesses navigating financial ecosystems in regions often overlooked by larger payment providers. This new partnership with Tech Mahindra showcases Airtm’s comprehensive suite of services tailored to the unique needs of AI, data labeling, and BPO sectors, particularly in emerging markets.
Airtm’s platform addresses the challenges faced by companies operating in regions with limited access to traditional financial services. By integrating Airtm’s payment solutions, which offers over 500 withdrawal methods in 190 countries, the company ensures that gig workers across the globe can access fast, affordable, and secure methods to manage their earnings. The partnership marks a key development in the AI and BPO sectors, allowing Airtm to offer businesses a seamless, borderless solution for payment processing, engaging talent, and automation. At the same time, Populii is empowering its gig workers by giving them the tools needed to manage their earnings and access new opportunities.
Tech Mahindra represents the connected world, offering innovative and customer-centric information technology experiences, enabling Enterprises, Associates and the Society to Rise
