Mahindra Comviva targets two-fold business growth over the next three years

...Mobile commerce, data and content to drive growth

By Sundeep Mehta

Naiobi, Kenya – November 22, 2016: Mahindra Comviva , the global leader in providing mobility solutions, today announced that it is aiming at achieving two-fold business growth over the next three years. To achieve the next growth phase, the company has invested in a mobile first, data enabled and contextually relevant, end-to-end solutions strategy.

Towards this end, it aims to strengthen its research and development and operational support of technologies in mobile financial services, big-data analytics, omni-channel experience, enterprise messaging and digital services. It has also identified growth through the strategic partnerships and acquisitions route as key to its strategy in India and abroad.

With a major focus on consumer-centric innovations and simplification of the user experience, Mahindra Comviva has integrated mobile innovations at the heart of its business strategy and repositioned itself with a powerful vision of enabling “The Business of Tomorrows”. Aligning to this new brand vision, the company is ready to lead the next level of digital disruption and enterprise transformation.

Manoranjan Mohapatra, Chief executive officer, Mahindra Comviva commented, “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. At Mahindra Comviva, our focus is to enhance the end-user’s mobile experience and improve partners’ business performance through our innovative solutions.’’

“With our vast industry experience and technology capabilities, we are in an enviable position to predict the future demands and customer expectations, and build readiness to address future business requirements”, he further added.

With many countries in South East Asia, Latin America and Africa strongly advocating for digital transformation, Mahindra Comviva finds itself in a favorable place to push through with next generation of digital transformational technologies. Following up with its focus on digital transformation, it has been able to strike new deals with major operators in South East Asia, Latin America, Africa and Middle-East.

Mahindra Comviva, in collaboration with Mobile World Live, launched the The Business of Tomorrows survey. The survey was aimed at garnering how global operators expect their businesses to shape up in the future. This included the impact of emerging and current technologies on the telecom ecosystem.

Please access the survey here – https://mahindracomviva.viewpage.co/TBOT_survey

About Mahindra Comviva
Mahindra Comviva is the global leader of mobility solutions catering to The Business of Tomorrows. The company is a subsidiary of Tech Mahindra and a part of the $17.8 billion Mahindra Group. Its extensive portfolio of solutions spans digital financial services, customer value management, messaging and broadband solution and digital lifestyle services and managed VAS services.

It enables service providers to enhance customer experience, rationalize costs and accelerate revenue growth. Mahindra Comviva’s solutions are deployed by over 130 mobile service providers and financial institutions in over 90 countries and enrich the lives of over a billion people to deliver a better future. In January 2016, the company acquired a controlling stake in Advanced Technology Solutions (ATS), a leading provider of mobility solutions to the telecom industry in Latin America to strengthen its in-region presence. For more information, please visit www.mahindracomviva.com