Tech Mahindra announced the acquisition of Momenton, a provider of consultancy and implementation services, and Tenzing, a technology consulting company. Tech Mahindra acquired 100 percent equity in both companies. Together, they will enable digital functionalities, modern cloud-based architecture and transformation for customers in Australia and New Zealand, in financial services and other sectors. 

Momenton is a Melbourne-based firm offering consultancy and implementation services in enterprise agility, product enablement, engineering and emerging technology to clients across industries with advanced functionalities in digital engineering and cloud native architectures. 

Tenzing is a management and technology consultancy offering business strategy, insurance core system transformation, program management, and target operating model design across industries and public sector organisations. 

Tech Mahindra said both acquisitions underline its focus on digital growth, under the TechMNxt charter, which focuses on leveraging next generation technologies and products to disrupt and enable digital transformation, and to build and deliver technology products and services to address real world problems to meet the customer’s evolving and dynamic needs.