Mphasis seeing surge in $1-$10 million deals: CEO Nitin Rakesh
- Posted on October 18, 2024
- By Financial Express
- 5 Views
Mphasis seeing surge in $1-$10 million deals: CEO Nitin Rakesh
Mphasis, a mid-tier IT firm, has experienced a rise in deals worth $1-10 million, along with increased revenue from $1 million and $5 million clients. However, their total contract value (TCV) wins have decreased, which CEO Nitin Rakesh attributes to longer decision-making processes for larger deals.
