Tech Mahindra Limited — JV/Acquisition, 02-05-2025: Acquisition

Tech Mahindra London Limited is acquiring 100% of Mahindra Racing UK Limited for about INR 13.5 Cr. MRUK, a key player in Formula Electric World Championship Racing, reported revenues of INR 357.56 Cr in FY25 with steady growth. This move expands Tech Mahindra’s presence in sports and professional leagues, enhancing its brand globally and tapping into high-tech motorsports. The deal could drive new tech innovations and fan engagement avenues, adding a fresh dimension to Tech Mahindra’s business portfolio and growth potential.