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The Hindu
The Hindu
National
Special Correspondent

Tech Mahindra forays into Metaverse

Tech Mahindra is venturing into Metaverse practice, a foray for which the IT firm plans to build a team of 1,000 engineers in a year, including 500-600 in Hyderabad.

In the initial phase, it will leverage opportunities presented by Metaverse through various use cases, including DealerVerse car dealership, Middlemist NFT marketplace, Meta Bank – a virtual bank and gaming centre. It will offer immersive digital and professional experience services around design, content as well as low code plug and play Non-Fungible Tokens and Blockchain platforms, the company said on Monday.

Speaking at the launch of TechMVerse, MD and CEO CP Gurnani said the company was keen on foray, given the huge opportunity, instead of waiting for things to mature and then acquiring firms. Tech Mahindra said to transform customer experience and deliver real business outcomes it will leverage its network and infrastructure capabilities along with foundational technological capabilities, including pervasive AI, Blockchain, 5G, AR, VR and quantum computing to build B2B use cases across sectors.

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