TechM is doubling down investments in Insurance sector with acquisition of CTC and investments in SWFT and Surance TechM announced acquisition of 100% stake in CTC, digital engineering and transformation provider serving Insurance industry for EUR 310 mn (~USD 353.7 mn) including EUR 100mn earnouts payable over 4 years. CTC generated revenue of EUR 71.3 mn (~81.36 USD mn) in CY20 which amounts to 2% of TechM's FY21 revenue. In 9MCY21 it reported revenue of EUR 69...