MUNICH, Jan. 21, 2022 /PRNewswire/ -- Nagarro, a global
leader in digital engineering, has reached an agreement with the
shareholders of Singapore-headquartered Techmill Global Pte
Ltd, a front runner in fintech services, to bring the companies
together.
The Techmill group, founded by Harihara
Gopinath Sharath and Vishwanath Rajashekarappa in 2008, has
over 180 employees across the world, with the majority in
India. It counts several leading
banks among its customers. Techmill is a partner of Temenos, the
global leader in financial technology for better banking. In 2021
the group's revenue was in the high single-digit million Euro
range.
For Nagarro, the transaction strengthens its capabilities in its
Banking and Financial Services vertical and supports the
development of its fast-growing Rest of World segment, particularly
with the presence in Australia.
Surya Vedula, Managing Director at Nagarro, states:
"I would like to congratulate our new colleagues from Techmill for
the way they have built a great company around a core area of
expertise. We have been in touch with them for some months now and
have come to value their knowledge and perspectives. We welcome
them into the global Nagarro family."
Vishwanath and Sharath, Founder Directors at Techmill,
make this joint statement: "We are very happy to associate
ourselves with Nagarro, with its humane approach towards people and
entrepreneur-friendly environment. With the market breadth and
reach of Nagarro added to Techmill's niche financial expertise, we
can reach new heights in the BFSI vertical."
About Nagarro
Nagarro, a global digital engineering leader, helps clients
become innovative, digital-first companies and thus win in their
markets. The company is distinguished by its entrepreneurial,
agile, and global character, its CARING mindset, and its approach
of thinking breakthroughs. Nagarro employs over 12,000 people in 27
countries.
For more information, visit www.nagarro.com
FRA: NA9 (SDAX/TECDAX, ISIN DE000A3H2200, WKN A3H220)
About Techmill Global
Techmill Global is a niche financial IT service provider. It
enables clients to stay ahead of competition and technology trends
with industry-specific solutions, packaged financial software
implementations, and other innovative ideas that contribute to
their continued success. Its clients include large corporate banks
and financial institutions involved in inclusive banking such as
microfinance and cooperative banking.
For more information, visit www.techmillglobal.com
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