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History and Milestones

 

Established originally in 1993, Mastek UK is a subsidiary of Mastek Limited which is based in Mumbai, India.

 

Mastek Limited was founded in May 1982 and has been listed on the Bombay Stock Exchange since 1992. Mastek operates in Canada, India, Hong Kong, Japan, Malaysia, Singapore, United Kingdom and USA. We have six world-class delivery centres in India and Malaysia, as well as a global state-of-the-art voice/data network for delivering software application development, integration and maintenance services.

 

We have always been at the forefront of technology. We are organised to adapt technology at the early part of the lifecycle and deliver business results.

 

MILESTONES


  • 1982 - First generation entrepreneurs Ashank Desai, R. Sundar and Ketan Mehta established Mastek in Mumbai, India. Sudhakar Ram joins the team in 1984.
  • 1982 - One of the first in India to create software products
  • 1990 - Subsidiary in Singapore is established
  • 1992 - First to develop ERP in India
  • 1992 - First Indian IT Company to issue shares at a premium price in the IT sector
  • 1992 - Mastek USA (now known as MajescoMastek) is founded
  • 1992 - Mastek UK is established
  • 1993 - First Indian Information Technology Company to offer ESOPs (Employee Stock Option Plan)
  • 1994 - Subsidiary in Malaysia is established

 

 

  • 1997 - One of the first to venture into CRM services globally
  • 2000 - First IT Solutions Company in the world to be assessed at P-CMM Level 3
  • 2000 - Ranked 7th by AsiaMoney in "Overall Best Managed Companies in the Asia Pacific Region"
  • 2000 - Among the first to be chosen by Microsoft to beta .NET
  • 2002 - Chosen by Forbes as one of the "200 Fastest Growing Companies in Asia Pacific"
  • 2002 - State-of-the-art Campus launched at Millennium Park at Navi Mumbai
  • 2003 - Successfully completed the world's largest .Net project – London Congestion Charging

 

  • 2005 - Signed the memorandum of agreement to acquire 15.5 acres of land at Mahindra City in Chennai. Mastek group’s first development centre outside Maharashtra, India
  • Consistently ranked among technology companies in a "CLSA Study on Corporate Governance" for 4 consecutive years from 2001-2004 among 25 emerging markets including Asia, Eastern Europe, Latin America & South Africa
  • 2007 - Sudhakar Ram appointed Chairman and Managing Director
  • 2007 - Ranked 1 in Insurance Outsourcing in 2007 by the Black Book of Outsourcing
  • 2007 - Mastek is amongst the first to ride the Third Wave of Indian IT
  • 2007 - Achieved CMMi Level 3 appraisal by Software Engineering Institute (SEI) making it the 5th organisation from the NASSCOM Top 20 IT Companies to get appraised under version 1.2
  • Ranked 11th amongst the leaders of "Global Outsourcing 100 Companies 2007" by the International Association of Outsourcing Professionals, published in Fortune magazine (April 2007). The recognition came for "Methodologies and Innovation" adopted by Mastek
  • 2007 - MajescoMastek acquires Vector Technologies
  • 2008 - MajescoMastek acquires System Task Group (STG)
  • 2008 - Successfully certified on ISO 9001:2008
  • 2009 - Ranked in the Top 50 global outsourcing providers in "The Black Book of Outsourcing" published by the Brown-Wilson Group
  • 2009 - MajescoMastek enters canadian market.
  • 2008 / 2009 - Ranked among the "Top 50" among the leaders of "Global Outsourcing 100 Companies" by the International Association of Outsourcing Professionals, published in Fortune magazine (2008,2009)
  • 2009 - Recognized among the best 20 Leaders by industry focus: Financial Services - Banking, Capital Markets and Insurance (2009 Global Outsourcing 100 by IAOP)
  • 2010 - Achieved CMMi Level 5 (version1.2) appraisal by Software Engineering Institute (SEI)

Overview

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Awards and Recognitions

Vision and Values

Leadership

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Corporate Social Responsibility

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Videos

The History of Mastek
How Mastek was born and how it grew to be a global provider of enterprise IT solutions.

The Mastek Story
How Mastek has evolved as a global technology solutions provider.