As we turn the page on another fiscal year, the journey ahead promises to be more exciting than ever. I’m writing to you during a time of significant market volatility and speculative uncertainty about the future business landscape. Yet, amid all this, one constant continues to grow from strength to strength - our beloved AI platform, mcube™.

mcube™ has never let us down. It has withstood the test of time, consistently outperforming both long-standing and emerging competitors. I’m sure many of you are as excited as I am about the powerful new capabilities introduced in mcube™ 5.3, our ontology-driven Agentic AI platform that fuses reasoning, automation, and contextual intelligence to drive real-world transformation. These advancements have shaped from v5.2, which includes the Ontology Layer, Agentic Framework, New Data Integration Framework, and enhancements that build on AI2.0, ezeXtend and Genie from v5.1. With this robust and evolving platform, I’m absolutely convinced we can outperform any AI offering out there. A huge shoutout to Andy, Sandip, and the entire team for their exceptional work. Truly world-class.

I’m incredibly proud of the outstanding delivery you are driving across our esteemed clientele - including United Airlines, ARAMCO, Pfizer, Hajoca, TUV SÜD, Genmab, Slovnaft, SASOL, Maximus, ADMA, Ziff Davis, UCLA, Yamaha Music, HPL-MCPI, CIGNA, and many others. Every time I connect with a client, I consistently hear about the exceptional impact you're making. Your work continues to raise the bar for quality and value. I want to especially acknowledge the progress of our new factory-style delivery model, which is evolving rapidly under Koushik’s leadership. It’s clear that this approach is creating scalable, repeatable excellence - and it’s being recognized.

While we managed to maintain our revenues effectively, growth in the last financial year was relatively muted among existing clients. However, we've taken significant steps to address this by introducing a renewed focus on sales. As a result, we are now contracted or in the process of contracting with several high-LTV (Lifetime Value) clients. These include Linde, SLB, Indorama, LabCorp, HPCL, Mabion, Endo Pharma, and others. Notably, we are also proud to be the AI partner to Deutsche Football – something many of you may have already seen.

The groundwork for the coming year has been laid out strongly, and we’re carrying significant momentum into FY25 with an intent to double our revenues. Our strategy is focused around two key pillars:

1. Maximize Growth in High-LTV Accounts
We’re prioritizing clients with large Lifetime Value potential — growing them rapidly by driving meaningful business impact on their most critical priorities. For this year, we’ve identified 15 strategic accounts that are expected to contribute approximately 85% of our revenue target:

2. Drive Platform-Led Impact with High ARR

We aim to scale mcube™-powered solutions that generate high recurring license revenues. While we execute this strategy within our key accounts, we’re also targeting 20 new high-potential clients through mcube™ pilots. If you have senior-level relationships at any target account with strong LTV potential, please reach out to me directly. Your introductions could significantly accelerate our growth journey.

To support this strategy, here is the organization structure we will be working with this year:

Let’s stay focused on our esteemed clients - adding value every single day, deepening our impact, and continuing to land more high-potential partnerships.

Most importantly, enjoy the work, stay inspired, and keep building a fantastic future - together.

This is an opportunity to change into your workout clothes, gear up and get lose for some fun and relaxing activities. TCG X Cult.fit believes that workouts can be fun!

We are here to offer you a work life that factors in all that is important to build a workforce that’s healthy, happy and energetic. Alongside, we have Mental Wellbeing sessions for you where you can clear you doubts from the Psychology Experts!!

Do tune in and remember, #FitCanBeFun. Connect with the TCG Lounge Front desk for queries! See you in the Sessions!!

Smiling faces, fun-filled moments, and a collection of happy and knowledgeable interactions say it all! A good work-life balance is one that promotes productivity at work, infuses enthusiasm, sparks creativity, and fosters team-bonding!

TCG Digital, under TCG Lounge 2.0 has launched an initiative for us to meet with the teams to break the monotony of work and take out time for some fun and relaxation. We play games and unwind with some craft work to de-stress.

After all, a sound work-life balance creates a springboard of a healthy attitude, which then translates into heightened altitudes of achievements!

Greetings!

It gives us great joy to inform you that Mr. Debdas Sen, CEO, TCG Digital & Jt. Managing Director, Lummus Digital was a Speaker at the prestigious online conference, ENERGY 2023, hosted by Shell Alumni Network from 28-30 November. 2022.

As the name suggests, the conference was about sustainable energy. ENERGY 2023 was hosted over 3 days and had 120 speakers, 20 virtual rooms, 8 Innovation Award nominees, 30 companies, 7 amazing sponsoring partners, and ONE GOAL: To make the most of 2023 for sustainable energy.

Mr. Debdas Sen spoke on the topic, 'Delivering on the Twin Transition', on 29th November 2022, from 14:45 – 15:30 CET. He shared rich insights on Digitalization & Sustainability for the Energy Transition.

The diversity of the event is evident from its highlights, which included an interview of Graham van't Hoff, Board Member and Former VP, of Chemicals at Shel with Chief Climate Change Advisor at Shel David Hone about "Is 1.5°C alive? Another interview showcased bringing Vision to Reality for the energy sector.

We have just completed the fiscal year FY2324, and I am pleased to share that we achieved a 25% growth over last year. Although this growth did not meet our budget expectations, it is considered healthy by industry standards. Our Aviation and US Government portfolios grew 20%, while the US Life Sciences portfolio showed stellar growth of over 250%. The biggest win was with our existing clients where, thanks to your fantastic work, we continue to maintain an almost zero-issues record.

Another area where we excelled is the implementation of the Factory mode of delivery. Koushik Basu led this outstanding team, with leaders like Debasis Ghosh and Partha Sengupta, to significantly accelerate delivery, reduce risks, and improve quality. Most of the organization is now integrated with the Factory.

However, one area where we did not fare as well was in landing new clients. Traditionally, we have depended on our partners—LabVantage, Lummus, and Maximus—to acquire new clients. We have now decided to bolster these efforts with our own sales force.

The tcgmcube platform continues to be strong across the board. Andy Diggelmann, DG, and Sandip Priyadarshi continue to keep us at the cutting edge of technology, differentiating us from the competition and creating velocity for market solutions.

FY2425 is a milestone year for us with a focus on growth—expanding at existing clients, solving complex problems (which we excel at), and acquiring new clients. Our relentless focus on quality and our obsession with adding value to our clients will continue to be the cornerstone of our strategy. A key element of our strategy for FY2425 is to sell and execute repeatable products/solutions on the tcgmcube platform for our chosen sectors. Our focus sectors for this financial year are:

1. Aviation, led by Prith Chowdhury. Rick Marcus will lead the Marketing and Sales function in Aviation.
2. Life Sciences and Healthcare, led by Dr. Krish Ghosh.
3. US Government, led by Monisha Malhan.
4. Refineries and Petrochemicals, led by Dr. Snehal Patel (interim CEO of Lummus Digital, our JV with Lummus Technology).
5. Two other sectors will continue to be incubated directly under my leadership: CPG (where Monisha will assist) and P&C Insurance (in India).

Our operating regions will continue to be the US, Europe, and Asia. Wolf Lichtenstein will lead Europe, and I have requested Koushik Basu to serve as the interim leader for Asia.

The horizontals will continue, with Koushik leading global delivery, Andy leading the tcgmcube product, Amitabha leading AI and DG as our Chief Technology Officer. Our new marketing lead will be Keya Chatterjee. Jagat will continue as our Chief People Officer, Ranjita leading Corporate Finance, and Neha leading Operations.

Please remain focused on our clients and think about adding value every single day!

2025

As we turn the page on another fiscal year, the journey ahead promises to be more exciting than ever. I’m writing to you during a time of significant market volatility and speculative uncertainty about the future business landscape. Yet, amid all this, one constant continues to grow from strength to strength - our beloved AI platform, mcube.

mcube has never let us down. It has withstood the test of time, consistently outperforming both long-standing and emerging competitors. I’m sure many of you are as excited as I am about the powerful new capabilities introduced in v5.2, including the Ontology Layer, Agentic Framework, New Data Integration Framework, and enhancements that build on AI2.0, ezeXtend and Genie from v5.1. With this robust and evolving platform, I’m absolutely convinced we can outperform any AI offering out there. A huge shoutout to Andy, Sandip, and the entire team for their exceptional work. Truly world-class.

I’m incredibly proud of the outstanding delivery you are driving across our esteemed clientele - including United Airlines, ARAMCO, Pfizer, Hajoca, TUV SÜD, Genmab, Slovnaft, SASOL, Maximus, ADMA, Ziff Davis, UCLA, Yamaha Music, HPL-MCPI, CIGNA, and many others. Every time I connect with a client, I consistently hear about the exceptional impact you're making. Your work continues to raise the bar for quality and value. I want to especially acknowledge the progress of our new factory-style delivery model, which is evolving rapidly under Koushik’s leadership. It’s clear that this approach is creating scalable, repeatable excellence - and it’s being recognized.

While we managed to maintain our revenues effectively, growth in the last financial year was relatively muted among existing clients. However, we've taken significant steps to address this by introducing a renewed focus on sales. As a result, we are now contracted or in the process of contracting with several high-LTV (Lifetime Value) clients. These include Linde, SLB, Indorama, LabCorp, HPCL, Mabion, Endo Pharma, and others. Notably, we are also proud to be the AI partner to Deutsche Football – something many of you may have already seen.

The groundwork for the coming year has been laid out strongly, and we’re carrying significant momentum into FY25 with an intent to double our revenues. Our strategy is focused around two key pillars:

1. Maximize Growth in High-LTV Accounts
We’re prioritizing clients with large Lifetime Value potential — growing them rapidly by driving meaningful business impact on their most critical priorities. For this year, we’ve identified 15 strategic accounts that are expected to contribute approximately 85% of our revenue target:

2. Drive Platform-Led Impact with High ARR

We aim to scale mcube-powered solutions that generate high recurring license revenues. While we execute this strategy within our key accounts, we’re also targeting 20 new high-potential clients through mcube pilots. If you have senior-level relationships at any target account with strong LTV potential, please reach out to me directly. Your introductions could significantly accelerate our growth journey.

To support this strategy, here is the organization structure we will be working with this year:

Let’s stay focused on our esteemed clients - adding value every single day, deepening our impact, and continuing to land more high-potential partnerships.

Most importantly, enjoy the work, stay inspired, and keep building a fantastic future - together.