India's IT major Tech Mahindra said yesterday that it has partnered with Israel's ContextSpace to develop world's first global software privacy ecosystem, reported PTI.

To power start-ups in Israel it has also launched 'Tech Mahindra NxT' in a partnership with 20 Israeli companies.

Tech Mahindra has been in Israel for a long time and has leveraged acquisitions and alliances to strengthen its operations there, said CEO CP Gurnani.

The programme will focus on cyber-security, fintech, mobility, artificial intelligence and data analytics at Tel Aviv, Israel's financial and technological hub, helping start-ups with ready infrastructure and market know-how.

Tech Mahindra NxT is active in Silicon Valley, California with nine start-up collaborations.

Its cloud-based privacy protection solution 'MyData Shield' addresses security and personal data protection concerns of enterprises.